Cash Interest Expense
Cash Interest Expense. Means, for any period, total interest expense, both expensed and capitalized, of Guarantor and its Subsidiaries for such period with respect to the Total Recourse Indebtedness, determined on a consolidated cash basis, for such period, and net of any interest accretions, whether in favor or against, with respect to debt.
Found in
ANTHRACITE CAPITAL INC contract
Cash Interest Expense. Shall mean for any period, total interest expense, both expensed and capitalized, of Guarantor and its Subsidiaries for such period with respect to all outstanding recourse Indebtedness of Guarantor and its Subsidiaries (including, without limitation, all commissions, discounts and other fees and charges owed with respect to letter of credit and bankers' acceptance financing and net costs under interest rate protection agreements), determined on a consolidated cash basis, for such period...
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ANTHRACITE CAPITAL INC contract