Total Interest Costs definition
Total Interest Costs means, with respect to any person for any period, the sum, without duplication, of the following: (a) the consolidated interest expense of such person and its subsidiaries for such period, whether paid or accrued (including amortization of original issue discount, non-cash interest payments, the interest component of any deferred payment obligations, the interest component of all payments associated with capital lease obligations, commissions, discounts and other fees and charges incurred in respect of letter of credit or bankers’ acceptance financings, and net of all payments made or received (if any) pursuant to Treasury Transactions in respect of interest rates but excluding amortization of debt issuance costs and non-cash charges other than any non-cash interest expenses related to convertible bonds) and (b) the consolidated interest expense of such person and its restricted Subsidiaries that was capitalized during such period.
Total Interest Costs means all interest, commissions, periodic fees and other financing charges (whether, in each case, paid, payable or capitalised), incurred (irrespective of the currency) by the Group during a Relevant Period (including the interest element payable under any finance lease), and for the avoidance of doubt excluding (i) any fees and commissions payable in relation to an acquisition, (ii) any interest capitalised in accordance with the IAS 23 standard, (iii) any interest and other financing costs in relation to Capital Securities, (iv) any decrease in the value on any interest rate hedging instruments, and (v) any foreign exchange losses (whether realised or unrealised).
Total Interest Costs means, with respect to any person for any period, the sum, without duplication, of the following:
Examples of Total Interest Costs in a sentence
Items drawn from an institution located outside the United States are handled on a collection basis only.
Venture requires that the Fixed Charge cover, measured as the ratio of Earnings Before Interest, Tax, Depreciation and Amortisation (EBITDA), less non-financed capital expenditure to Total Interest Costs (net of any interest receivable) and scheduled term loan repayments, does not fall below 2 times when measured on a rolling 3 month basis.
The ratio of Pro Forma Borrowing Group EBITDA to Total Interest Costs in respect of any Relevant Period ending on a Quarter Date falling on the date set out in Column 1 below shall not be then the ratio set out in Column 2 below opposite the relevant date.
More Definitions of Total Interest Costs
Total Interest Costs means, with respect to any person for any period, the sum, without duplication, of the following: (a) the consolidated interest expense of such person and its subsidiaries for such period, whether paid or accrued (including, without limitation, amortization of original issue discount, non-cash interest payments, the interest component of any deferred payment obligations, the interest component of all payments associated with capital lease obligations, commissions, discounts and other fees and charges incurred in respect of letter of credit or bankers’ acceptance financings, and net of all payments made but excluding amortization of debt issuance costs and non-cash charges other than any non-cash interest expenses related to convertible bonds) and (b) the consolidated interest expense of such person and its restricted Subsidiaries that was capitalized during such period.
Total Interest Costs means, in relation to any period, all interest paid or payable by the Borrower (including the interest (but not the capital) element in respect of any finance or capital lease (not treated as an operating lease in the Borrower’s financial statements);
Total Interest Costs 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 Indebtedness for Borrowed Money payable in cash by any member of the Borrowing Group in respect of that Relevant Period:
Total Interest Costs means, in relation to any period, net interest expenses (charges financières nettes) as determined in accordance with French GAAP (and including, for the avoidance of doubt, any interest charged to the Borrower’s consolidated profit and loss account in relation to quasi equity (fonds non remboursables et assimilés)). For the avoidance of doubt, foreign exchange gains and/or losses and non-cash discounting gains and/or losses of any Group Company (charges ou gains d’actualisation) shall be excluded from the definition of Total Interest Costs.
Total Interest Costs has the meaning assigned to that term in Section 20.1 (Financial definitions).
Total Interest Costs means, in relation to any period, all interest paid or payable by the Borrower (including the interest (but not the capital) element in respect of any finance or capital lease (not treated as an operating lease in the Borrower’s financial statements);