Consolidated Net Interest Expense

Consolidated Net Interest Expense. Means, for any period, the remainder of the following for Parent, the Borrower and its Consolidated Restricted Subsidiaries for such period: (a) interest expense, minus (b) interest income; provided, however, that for purposes of calculating the ratio set forth in Section 7.13(b), interest expense in respect of the Loan shall be excluded from the determination of "Consolidated Net Interest Expense".

Consolidated Net Interest Expense. Means, with respect to any Person, for any applicable period, gross interest expense of such Person and its Subsidiaries for such period determined on a consolidated basis and in accordance with GAAP, less interest income for such period, in each case, determined on a consolidated basis and in accordance with GAAP.

Consolidated Net Interest Expense. With respect to any Person for any period, gross interest expense of such Person and its Subsidiaries for such period determined on a consolidated basis and in accordance with GAAP (including, without limitation, interest expense paid to Affiliates of such Person), less (i) the sum of interest income for such period, plus (ii) the upfront costs or fees for such period associated with Hedging Agreements (to the extent not included in gross interest expense), in each case, determined on a... consolidated basis and in accordance with GAAP. View More