BST Finance Expense definition

BST Finance Expense means, for any relevant period, (x) the aggregate amount of interest (including the interest element of payments made under Capital Leases), commissions, fees (excluding all front end, arrangement and participation fees paid on or about the date of the closing of the BST Credit Agreement and up-front premium or front end fees under any BST Hedging Agreement), discounts, prepayment penalties or premiums and other finance payments payable in cash by any member of the BST Group in respect of BST Financial Indebtedness, including in respect of any interest rate hedging arrangement, LESS (y) the aggregate of (i) any commission, fees, discounts and other finance payments received in cash by any member of the BST Group under any interest rate hedging arrangement and (ii) any interest received in cash by any member of the BST Group on any deposit or bank account which is freely and readily available to fund debt service; provided, that any amounts payable by one member of the BST Group to another member of the BST Group shall not be included in the calculation of BST Finance Expense.