Facility Interest Expense

Example Definitions of "Facility Interest Expense"
Facility Interest Expense. Shall mean, for any period, that portion of Interest Expense attributable solely to interest due and payable on the credit facility evidenced by the Loan Documents; provided, that for the purpose of this definition, the principal amount outstanding under this Agreement shall be deemed to be $10,000,000
Found in Landmark Apartment Trust, Inc. contract
All Definitions