Consolidated Interest Payable definition

Consolidated Interest Payable means all interest and other financing charges (whether, in each case, paid, payable or capitalized) incurred by the Group during a Measurement Period.

Consolidated Interest Payable means all interest and recurring financing charges including acceptance commission, commitment fees (but excluding for the avoidance of doubt any one-off or up-front fees), the interest element of rental payments on finance or capital leases (whether, in each case, paid or payable) and any other finance costs having the nature of interest included in consolidated pre-taxation profits, incurred by the Group in effecting, servicing or maintaining Consolidated Total Borrowings during a Measurement Period, after taking into account any amount relating to the current Measurement Period in respect of any interest rate hedging transactions in respect of the Consolidated Total Borrowings whether or not designated as IAS 39 xxxxxx.

Consolidated Interest Payable means, in respect of any period, the aggregate of all amounts of interest and equivalent financial expenses of theIssuer or its Subsidiaries payable to persons who are not the Issuer or such a Subsidiary (calculated on a consolidated basis but after deducting any interest receivable from persons who are not the Issuer or such a Subsidiary) attributable to such period and shall include:

Examples of Consolidated Interest Payable in a sentence

• So long as any of the Notes remains outstanding, the Issuer will not permit the ratio of Consolidated EBITA to Consolidated Interest Payable, as each is determined on a Rolling Twelve Month basis ending as of each Year- End Date and Semi-Annual Date, to be less than 2.0 to 1.0.

• Financial Covenants:The terms of the Notes will contain financial covenants in respect of the maintenance of a Consolidated EBITA to Consolidated Interest Payable Ratio and the Maintenance of Consolidated Total Borrowings to Consolidated Net Worth Ratio.

• The loan agreements contain financial covenants that require the Group's ratios of Consolidated EBITDA to Consolidated Interest Payable, Consolidated Indebtedness to Consolidated Tangible Net Worth and Consolidated Indebtedness to Consolidated EBITDA.

• The loan agreements contain financial covenants that require the Company to comply with certain levels of financial ratios namely Consolidated EBITDA to Consolidated Interest Payable, Consolidated Indebtedness to Consolidated Tangible Net Worth and Consolidated Indebtedness to Consolidated EBITDA.

• Company will ensure that the ratio of Consolidated EBITDA to Consolidated Interest Payable is not, at the end of each Measurement Period, less than 4.00 to 1.00.

More Definitions of Consolidated Interest Payable

Consolidated Interest Payable means all interest and periodic financing charges including acceptance commission, accrued discount, commitment fee and the interest element of rental payments on finance or capital leases (whether, in each case, paid, payable or capitalised), incurred (on an accruals basis) by the Plc Group in effecting, servicing or maintaining Consolidated Total Debt during a Measurement Period (adjusted for any net payment or receipt under any interest rate hedging agreement or instrument and for the interest element of any net payment or receipt (plus or minus any accrued exchange gains or losses) under any currency hedging instrument or arrangement), but, for the avoidance of doubt, excluding:

Consolidated Interest Payable means all interest and other Financing Charges incurred by the Group during the relevant period;

Consolidated Interest Payable means, at any time, all interest and other financing charges (whether, in each case, paid or payable) incurred and payable by the Group.

Consolidated Interest Payable means the aggregate amount (calculated on a consolidated basis) of all interest and other financing charges (whether, in each case, paid, payable or (other than interest on a facility which is capitalised during the applicable construction or conversion or development period of an asset being financed by that facility) capitalised) incurred by Constellation and any of its Subsidiaries during a Financial Covenant Measurement Period (a) including (without limitation) any net amounts payable (after giving effect to all netting-off provisions) under interest hedging contracts, and (b) excluding all interest and other financing charges in respect of Project Finance;

Consolidated Interest Payable means all interest and periodic financing charges including acceptance commission, commitment fee and the interest element of rental payments on finance or capital leases (whether, in each case, paid or payable in cash but excluding capitalised interest (relating to debt issue costs) and interest payable in kind), incurred by the Group or relevant member of the Group (as the case may be) in effecting, servicing or maintaining Consolidated Total Borrowings during a Measurement Period and including, for the avoidance of doubt, all documentary credit fees in relation to Documentary Credits.

Consolidated Interest Payable means all interest and other financing charges (whether, in each case, paid, payable or capitalised) incurred by the Group during a Measurement Period.

Consolidated Interest Payable means in relation to a Measurement Period all interest charges, periodic financing charges and charges in the nature of interest, including acceptance commission, commitment fee, guarantee fee, fronting fee and the interest element of rental payments and of payments under finance or capital leases (whether, in each case, paid, payable or capitalised), incurred by any member of the Group in effecting, servicing or maintaining Consolidated Financial Indebtedness during that Measurement Period.