Consolidated Interest Expense

Consolidated Interest Expense. For any period, total interest expense and prepayment charges (including that which is capitalized and that which is attributable to Capital Leases, in accordance with GAAP) of the Borrower and its Consolidated Subsidiaries, as appropriate, on a consolidated basis with respect to all outstanding indebtedness of the Borrower and its Consolidated Subsidiaries, but excluding, specifically, all commissions, discounts and other fees and charges owed with respect to any letters of credit,... amortization of debt, discount, expense and other deferred financing costs. View More

Consolidated Interest Expense. For any period, interest, whether expensed or capitalized, in respect of Indebtedness of any member of the Financial Test Group outstanding during such period; provided that Consolidated Interest Expense shall (i) exclude the write-off of deferred financing charges as a result of the Transactions and the amortization of deferred financing charges arising from the Transactions and (ii) exclude any amounts paid or accrued by the Borrower under the Existing Hedging Agreement (provided that this... clause (ii) shall only become effective beginning with the Test Period in the first fiscal quarter of the 2010 Fiscal Year) and (iii) otherwise be calculated after giving effect to any Hedging Agreements other than the Existing Hedging Agreement (including associated costs), but excluding in any case unrealized gains and losses with respect to Hedging Agreements View More

Consolidated Interest Expense. For any period, all interest expense with respect to Indebtedness for such period of the Company and its Consolidated Subsidiaries on a consolidated basis to the extent reflected in the Company's consolidated income statement

Consolidated Interest Expense. Deleted

Consolidated Interest Expense. (but excluding non-cash interest expense attributable to Convertible Notes under ASC 470-20 or any successor accounting pronouncement)

Consolidated Interest Expense. Notwithstanding the foregoing, for purposes of calculating the Interest Coverage Ratio, Consolidated Interest Expense shall not include the Elmer's Transaction Expenses or the Jarden Transaction Expenses.

Consolidated Interest Expense. For any period, the sum (determined without duplication) of (a) the consolidated interest expense of the MLP and its Restricted Subsidiaries for such period, whether paid or accrued, determined in accordance with GAAP, and (b) all cash dividend payments or other cash distributions in respect of any series of preferred equity of the MLP or its Restricted Subsidiaries made during such period.

Consolidated Interest Expense. For any Rolling Period, the sum (determined without duplication) of (a) the consolidated interest expense of the MLP and its Restricted Subsidiaries for such Rolling Period, whether paid or accrued, determined in accordance with GAAP, and (b) all cash dividend payments or other cash distributions in respect of any series of preferred equity of the MLP or its Restricted Subsidiaries made during such Rolling Period. Consolidated Interest Expense for any Rolling Period shall be calculated by the... Borrower in good faith on a pro forma basis to give effect to any Indebtedness permanently repaid or extinguished, or any Indebtedness assumed or incurred, in each case at any time during such Rolling Period in connection with acquisitions, Investments (other than Joint Venture Interests), sales or other transfers of property (including any contributions of assets to joint ventures not otherwise prohibited hereby, but excluding any dispositions in the ordinary course of business) by the MLP and its Restricted Subsidiaries during such Rolling Period, in each case as if such repayment, extinguishment, assumption or incurrence had been effected on the first day of such Rolling Period; provided that any such pro forma adjustment with respect to a repayment or extinguishment of Indebtedness shall be permitted only if (x) the aggregate amount of Indebtedness of the MLP and its Restricted Subsidiaries on the last day of the fiscal quarter in which such repayment or extinguishment of Indebtedness occurred is less than or equal to (y) the aggregate amount of Indebtedness of the MLP and its Restricted Subsidiaries on the last day of the fiscal quarter immediately preceding the quarter in which such repayment or extinguishment of Indebtedness occurred. For purposes of any such pro forma adjustment with respect to any Indebtedness assumed or incurred that bears a floating rate of interest, the interest expense for the portion of the Rolling Period prior to the date on which such Indebtedness was assumed or incurred shall be calculated using the interest rate in effect on the last day of the Rolling Period. View More