Consolidated Interest Expenses means, for any period, the total interest expense (including that attributable to capital leases) of the Borrower and its Subsidiaries on a consolidated basis with respect to all outstanding Indebtedness of the Borrower and its Subsidiaries, including, without limitation, all commissions, discounts and other fees and charges owed with respect to letters of credit and unused line fees but excluding any of the foregoing to the extent it constitutes a non-cash item.
Consolidated Interest Expenses means, for any period, for Borrower and its Subsidiaries on a consolidated basis, the sum of (a) all interest, premium payments, debt discount, fees, charges and related expenses of Borrower and its Subsidiaries in connection with borrowed money (including that attributable to Capital Leases) or in connection with the deferred purchase price of assets, in each case to the extent treated as interest in accordance with GAAP, and (b) the portion of rent expense of Borrower and its Subsidiaries with respect to such period under Capital Leases that is treated as interest in accordance with GAAP.
Consolidated Interest Expenses means, with respect to the Company for any period, without duplication, the sum of:
Examples of Consolidated Interest Expenses in a sentence
HeidelbergCement AG has further undertaken that it will report in each of (i) its group report published with the annual financial statements, (ii) its half year report and (iii) its quarterly reports for the first and third quarter of each fiscal year the amount of the Consolidated EBITDA and the Consolidated Interest Expenses as of the last day of the reporting period in a manner which allows the calculation of the Consolidated Coverage Ratio for the relevant dates.
Guarantor shall not permit the ratio of (a) Consolidated EBITDA of Guarantor to (b) Consolidated Interest Expenses of Guarantor, to be less than 1.50: 1.00.
HeidelbergCement AG will report in each of (i) its group report published with the annual financial statements, (ii) its half year report and (iii) its quarterly reports for the first and third quarter of each fiscal year the amount of the Consolidated EBITDA and the Consolidated Interest Expenses as of the last day of the reporting period in a manner which allows the calculation of the Consolidated Coverage Ratio for the relevant dates.
More Definitions of Consolidated Interest Expenses
Consolidated Interest Expenses means, with respect to the Company and its Subsidiaries, all amounts that are classified as interest expense in accordance with GAAP.
Consolidated Interest Expenses means, for any period, without duplication, for the Borrower and its Restricted Subsidiaries on a consolidated basis, the sum of (a) all interest expense (including capitalized interest) of the Borrower and its Restricted Subsidiaries for such period in connection with borrowed money or letters of credit, obligations evidenced by notes, bonds, debentures or similar instruments (other than surety performance and guaranty bonds) or in connection with the deferred purchase price of assets, in each case to the extent treated as interest in accordance with GAAP (but excluding amortization of debt discount and issuance cost, any write-off of debt issuance cost and any paid in kind interest added to the principal amount of any related Indebtedness following its issuance), (b) interest expense (imputed or otherwise) attributable to Capitalized Lease Obligations of the Borrower and its Restricted Subsidiaries for such period, (c) surety performance and guaranty bond fees and other expenses of the Borrower and its Restricted Subsidiaries for such period in connection with financing activities, and (d) any cash interest paid in connection with the issuance or incurrence of any new Indebtedness permitted hereunder to the extent that, pursuant to ASC 470-60, such payments are not accounted for as interest expense.
Consolidated Interest Expenses means, for any period, all interest expense (including, without limitation, the interest component under Capital Leases) of the Parent Guarantor and its Subsidiaries on a consolidated basis, including all commissions, discounts and other fees and charges owed with respect to letters of credit and net costs under Hedging Agreements, as determined in accordance with GAAP. Unless expressly indicated otherwise, the applicable period shall be for the four consecutive quarters ending on the date of computation.
Consolidated Interest Expenses means, in respect of any financial period of the Guarantor and its consolidated Subsidiaries, the aggregate (on a consolidated basis) of interest that has been paid, incurred or accrued during such period determined in accordance with, and by reference to, the relevant financial statements and generally accepted accounting principles;
Consolidated Interest Expenses means, for any period, for the Parent and its Subsidiaries on a Consolidated basis, the sum of
Consolidated Interest Expenses means, for any period, without duplication, for Company and its Subsidiaries on a consolidated basis, the sum of all (a) interest (including capitalized interest and the interest component on Rentals on Capital Leases) and all amortization of debt discount and expense on any particular Indebtedness (including payment-in-kind, zero coupon and other like securities) for which such calculations are being made, (b) expenses, fees and commissions for letters of credit and bankers' acceptances and (c) the net interest cost of Swaps.
Consolidated Interest Expenses means, for any Relevant Period, the aggregate amount of the accrued interest, commission, fees, discounts, prepayment penalties or premiums and other finance payments in respect of financial indebtedness whether paid, payable or capitalised by any member of the group in respect of that period: