Consolidated Interest Expense

Consolidated Interest Expense. Means, for any period, total interest expense (including that properly attributable to Capital Leases in accordance with GAAP and amortization of debt discount and debt issuance costs) of the Company and the Subsidiaries on a consolidated basis, including all capitalized interest, all commissions, discounts and other fees and charges owed with respect to letters of credit and bankers' acceptance financings and net costs under interest rate protection agreements (including amortization of... discount), all as determined on a consolidated basis in accordance with GAAP, but excluding that portion of interest expense with respect to Repurchase Obligations that does not exceed the interest income attributable to Repurchase Obligation Restricted Cash. In the event that the Company or any Subsidiary shall have completed since the beginning of the relevant period an acquisition or disposition of any Person, division or business unit in which the aggregate consideration paid or received shall have exceeded $300,000,000, Consolidated Interest Expense shall be determined for such period on a pro forma basis as if such acquisition or disposition, and any related incurrence or repayment of Indebtedness, had occurred at the beginning of such period. 2 View More

Consolidated Interest Expense. Provided that, if the Globalstar Receivables Sale occurs, any charges or write-offs associated with the Globalstar Receivables or any gains resulting from the Globalstar Receivables Sale in each case that are recorded or taken after October 1, 2000, shall be disregarded for the purpose of calculating Consolidated Interest Expense.

Consolidated Interest Expense. Shall mean, for any period, total interest expense (including that attributable to Capital Leases) of Parent and its Subsidiaries in accordance with GAAP on a consolidated basis with respect to all outstanding Indebtedness of Parent and its Subsidiaries, provided that for purposes of this definition only, "Indebtedness" shall be deemed to include all indebtedness of Parent and its Subsidiaries which is otherwise excluded pursuant to... clause (y) of the proviso contained in the definition of "Indebtedness". View More

Consolidated Interest Expense. Shall mean, for any period, (a) the interest expense (including imputed interest expense in respect of Capital Lease Obligations and Synthetic Lease Obligations) of Holdings and its subsidiaries for such period, determined on a consolidated basis in accordance with GAAP plus (b) any interest accrued during such period in respect of Indebtedness of Holdings or any of its subsidiaries that is required to be capitalized rather than included in consolidated interest expense for such period in... accordance with GAAP plus (c) the amount of dividends paid to any person (other than Holdings or any of its subsidiaries) during such period on preferred stock in Holdings or any of its subsidiaries minus (d) to the extent otherwise included in Consolidated Interest Expense, pay-in-kind interest expense or other noncash interest expense (including as a result of the effects of purchase accounting) of Holdings or any of its subsidiaries, determined on a consolidated basis in accordance with GAAP minus (e) to the extent otherwise included in Consolidated Interest Expense, the amortization of any financing fees paid by, or on behalf of, Holdings or any of its subsidiaries (including such fees paid in connection with the Transactions) during such period, determined on a consolidated basis in accordance with GAAP. For purposes of the foregoing, interest expense shall be determined after giving effect to any net payments made or received by Holdings or any of its subsidiaries with respect to interest rate Hedging Agreements. Notwithstanding any other provision in this Agreement, "Consolidated Interest Expense" for any period of four fiscal quarters ended on or prior to September 30, 2007 shall be deemed to be Annualized Consolidated Interest Expense. View More

Consolidated Interest Expense. Shall mean, for any period, the sum of, without duplication: (i) the aggregate of the interest expense for such period; and (ii) the interest component of capitalized lease Obligations paid, accrued and/or scheduled Exhibit 10.12 to be paid or accrued during such period, in each case, determined on a consolidated basis in accordance with GAAP.

Consolidated Interest Expense. Means, for any fiscal period, the aggregate amount of all costs, fees and expenses, including capital expenses, paid by the Credit Parties on a consolidated basis in such fiscal period which are classified as interest expense on the Borrower's consolidated financial statements. 1

Consolidated Interest Expense. Means, for any period, all cash interest expense of the Borrower and its Subsidiaries (including, without limitation, the interest component under Capital Leases and the interest component of deferred compensation under the Retention Bonus Plan), as determined in accordance with GAAP. 15

Consolidated Interest Expense. Shall mean for any period, total cash interest expense (including that attributable to Capital Lease Obligations) of the Company and its Subsidiaries for such period with respect to all outstanding Indebtedness of the Company and its Subsidiaries (including, without limitation, all commissions, discounts and other fees and charges owed by the Company with respect to letters of credit and bankers' acceptance financing and net costs of the Company under Hedge Agreements in respect of interest... rates to the extent such net costs are allocable to such period in accordance with GAAP). View More

Consolidated Interest Expense. Notwithstanding the foregoing, Consolidated Interest Expense shall not include (x) any fees, expenses and other charges (including, without limitation, any consent fees) associated with the payment of the dividend permitted by Section 7.6(j) and (y) for purposes of calculating Consolidated Interest Expense for each fiscal quarter ended on or after September 30, 2003, any fees, expenses... and other charges (including, without limitation, consent fees, amendment fees, prepayment fees and fees paid to the Agents hereunder) associated with Borrower incurring the Replacement Tranche B Term Loans and prepaying the Tranche B Term Loans with the proceeds of the Replacement Tranche B Term Loans. View More

Consolidated Interest Expense. Means, for any period, the total interest expense of the Company and the Subsidiaries, on a consolidated basis, plus, to the extent not included in such interest expense, (i) interest expense attributable to Capitalized Lease Obligations, (ii) amortization of debt discount and debt issuance cost, (iii) non-cash interest expense, (iv) commissions, discounts and other fees and charges owed, in each case, with respect to letters of credit and bankers' acceptance financing, (v) interest actually... paid by the Company or any such Subsidiary under any guarantee of Indebtedness, (vi) net costs associated with Hedging Obligations (including fees and amortization of discounts), and (vii) preferred stock dividends in respect of all redeemable stock of the Company held by Persons other than the Company or a Subsidiary (to the extent reflected on the Company's statement of income or operations for such period). View More