Corporate Interest definition

Corporate Interest means, for any period, the sum of (i) the aggregate of the interest expense accrued during such period by the Borrower on Recourse Debt less the amount of interest, if any, included in such interest expense which was capitalized in accordance with GAAP, plus (ii) to the extent not included in clause (i), rent or similar payments on Recourse Debt consisting of Finance Leases accrued during such period by the Borrower.
Corporate Interest means the interest of a company as it emerges from the company’s business in the reference market and in the context of the group to which the company belongs, considering also the advantages deriving from the affiliation to such a group.
Corporate Interest means, for any period, the aggregate of the Borrower's accrued obligations during such period to pay interest on Recourse Debt and Non-Affiliate Subordinated Debt.

Examples of Corporate Interest in a sentence

  • The benchmark index hedges against underlying interest rate risk by subtracting from the total return of the Bloomberg Barclays EUR Corporate Interest Rate Hedged Index, the return on a basket of German government bond futures contracts on a monthly basis.

  • Yes / No; if yes specify the broad areas (Governance and Administration, Economic Reforms, Inclusive Development Policies, Energy Security, Water, Food Security, Sustainable Business Principles, others) Oil India does not engage in any lobbying for issues of Corporate Interest.

  • The benchmark index of the Interest Rate Hedged Fund aims to measure the total return of Euro denominated corporate bonds in the Bloomberg Barclays EUR Corporate Interest Rate Hedged Index while hedging against underlying interest rate risk of euro corporate bonds in the form of German government bond yield risk.

  • The DFEM will submit to the Federal Highway Administration (FHWA) on all FHWA Projects of Corporate Interest (PoCI) and on those FHWA Projects of Division Interest (PoDI) when identified in the project specific PoDI plan.

  • Corporate Interest Payments and the Falling Rate of Profit in the U.


More Definitions of Corporate Interest

Corporate Interest means, for any period, the sum of (a) the aggregate of interest expense accrued during such period by the Borrower and the Relevant Subsidiaries on Recourse Debt less the amount of interest, if any, included in such interest expense which was capitalized in accordance with GAAP, plus (b) to the extent not included in clause (a), rent or similar payments on Recourse Debt consisting of Finance Leases, capital leases, sale-leasebacks that are capitalized in accordance with GAAP, Synthetic Leases, all amortizations of the discount on Debt issued at discount, or other similar arrangements.
Corporate Interest for any period, the aggregate of interest expense accrued during such period by the Borrower and its consolidated Subsidiaries on Debt less the sum of (a) the amount of interest, if any, included in such interest expense which was capitalized in accordance with GAAP, (b) an amount equal to the percentage of the interest expense of any Subsidiary corresponding to the percentage of the EBITDA of such Subsidiary not taken into account in determining EBITDA for such period pursuant to the proviso to the first sentence of the definition thereof and (c) interest income accrued on the Synthetic L/C Deposit, subject to the last sentence of the definition of EBITDA.
Corporate Interest for any period, with reference to the Company’s consolidated financial statements, the aggregate of interest expense accrued during such period by the Company and its Subsidiaries on a consolidated basis on Debt less the sum of, without duplication, (a) the amount of interest, if any, included in such interest expense which was capitalized in accordance with GAAP, (b) the total interest income of such Person and the Restricted Subsidiaries, (c) interest expense attributable to Debt repaid or required to be repaid under any Debt for which the Company has notified the Administrative Agent in writing that it agrees it will not designate the Net Cash Proceeds of Asset Sales as Excluded Proceeds, in each case in connection with an Asset Sale, and (d) the interest expense attributable to Debt of any Unrestricted Subsidiary.
Corporate Interest means all shares, voting rights, partnership interest or other interest of whatever nature in LS21 and/or LS21DM and/or the Building 1 Tenant and/or the Building 2 Tenant (as the case may be) and which shall in each case include all shares, voting rights, partnership interests or other interests of whatever nature in any person or entity or body holding shares or a partnership or other interest in LS21 and/or LS21DM and/or the Building 1 Tenant and/or the Building 2 Tenant and/or any parent or holding company or companies or any member(s), trustee(s) of LS21 and/or LS21DM and/or the Building 1 Tenant and/or the Building 2 Tenant (other than Land Securities Group plc) where a disposal of shares, voting rights, partnership or other interest in such entity achieves a disposal of LS21 and/or LS21DM and/or the Building 1 Tenant and/or the Building 2 Tenant (as the case may be);
Corporate Interest means, for any period, the total interest expense accrued (including that attributable to Capital Lease Obligations) of the Borrower, MAPL and the Subsidiary Guarantors for such period with respect to all outstanding Debt of the Borrower, MAPL and the Subsidiary Guarantors on a consolidated basis (including all commissions, discounts and other fees and charges owed with respect to letters of credit and bankers’ acceptance financing and net costs or benefits under hedging agreements in respect of interest rates to the extent such net costs or benefits are allocable to such period in accordance with IFRS).
Corporate Interest for any period, the total interest expense accrued (including that attributable to Capital Lease Obligations) of the Borrower, Holdings and the Subsidiary Guarantors for such period with respect to all outstanding Debt of the Borrower, Holdings and the Subsidiary Guarantors on a consolidated basis (including all commissions, discounts and other fees and charges owed with respect to letters of credit and bankers’ acceptance financing and net costs or benefits under Swap Agreements in respect of interest rates to the extent such net costs or benefits are allocable to such period in accordance with IFRS).
Corporate Interest means an amount payable from the cash surrender value of the Policy equal to the cumulative amount of all premiums paid, without interest. However, the Corporate Interest shall be decreased by the sum of any indebtedness described in Section 1.3(a) and the surrender charges, if any, imposed by the Issuer. In no event shall the Corporate Interest exceed the amount of the Policy's cash surrender value. The Corporate Interest shall be paid by the Executive as specified in Section 4.2 above or by the Issuer upon surrender of the Policy.