Interest Expense

Interest Expense. Means, for a fiscal year-to-date period, the total gross interest expense of Mortgagor and its Subsidiaries during such period, and shall in any event include (i) interest expensed (whether or not paid) on all Indebtedness, (ii) the amortization of debt discounts, (iii) the amortization of all fees payable in connection with the incurrence of Indebtedness to the extent included in interest expense, and (iv) the portion of any capitalized lease obligation allocable to interest expense. For... purposes of the definition of Interest Expense only, the definition of "Indebtedness" shall mean, without duplication, (i) obligations for borrowed money or for the deferred purchase price of property or services in respect of which the Mortgagor is liable, contingently or otherwise, as an obligor, guarantor or otherwise, or in respect of which the Mortgagor otherwise assures a creditor against loss; (ii) all other obligations or items which, in accordance with GAAP, would be shown on the liability side of a balance sheet as of the date of occurrence thereof; (iii) the face amount of all letters of credit issued and, without duplication, all drafts drawn thereunder; (iv) all obligations secured by any lien on any property or asset; (iv) obligations under leases which shall have been or should be, in accordance with GAAP, recorded as capital leases in respect of which, obligations the Mortgagor is liable, contingently or otherwise, as an obligor, guarantor or otherwise, or in respect of which obligations the Mortgagor otherwise assures a creditor against loss; and (v) unfunded vested benefits under each Plan maintained for employees of the Mortgagor. View More

Interest Expense. Shall mean interest expense determined in accordance with GAAP, plus, to the extent not included in such interest expense: (i) interest expense attributable to capital lease obligations, determined in accordance with GAAP, (ii) amortization of debt discounts and debt issuance costs, and (iii) commissions, discounts and other fees and charges owned with respect to letters of credit and bankers' acceptance financing.

Interest Expense. Means, for any period, the sum (determined without duplication) of the aggregate of (a) all cash dividends paid on the Borrower's preferred Equity Interests and (b) gross interest expense of the Borrower and the Consolidated Restricted Subsidiaries for such period, including to the extent included in interest expense under GAAP: (i) capitalized interest and (ii) the portion of any payments or accruals under Capital Leases allocable to interest expense, plus the portion of any payments or... accruals under Synthetic Leases allocable to interest expense whether or not the same constitutes interest expense under GAAP but (c) excluding: (i) amortization of debt issuance costs, (ii) amortization of original debt issuance discounts and premiums and (iii) costs associated with Permitted Refinancing Debt. View More

Interest Expense. Means, for any period, the aggregate of the interest expense of the Borrowers for such period, determined on a consolidated basis in accordance with GAAP.

Interest Expense. Means, for any period, all interest (including capitalized interest) and all amortization of debt discount and expense on any particular Indebtedness (including, without limitation payment-in-kind, zero coupon and other like securities and the interest component of capital lease obligations applicable to such period) of the Company and its subsidiaries determined on a consolidated basis in accordance with GAAP.

Interest Expense. Means for any fiscal period, interest expense (whether cash or non-cash) determined in accordance with GAAP for the relevant period ending on such date, including, in any event, interest expense with respect to the Loan and any other Indebtedness of Borrower and its Subsidiaries, including, without limitation or duplication, all commissions, discounts, or related amortization and other fees and charges with respect to letters of credit and bankers' acceptance financing and the net costs... associated with interest rate swap, cap, and similar arrangements, and the interest portion of any deferred payment obligation (including leases of all types). View More

Interest Expense. Consists of any Person's total interest expense incurred (in accordance with GAAP), including capitalized or accruing interest (but excluding interest funded under a construction loan), on a consolidated basis plus the Person's pro rata share of Interest Expense from Joint Venture Investments and Unconsolidated Affiliates, without duplication for the most recent period. A-2

Interest Expense. Means, for any period, all interest with respect to Indebtedness (including, without limitation, the interest component of Capitalized Lease Obligations) accrued or capitalized during such period (whether or not actually paid during such period) determined in accordance with GAAP.

Interest Expense. Shall mean, for any period, the gross interest expense (including, without limitation, interest expense attributable to capital leases and all net payment obligations pursuant to hedging agreements or interest rate contracts) of the applicable Person determined on a consolidated basis, without duplication, in accordance with GAAP

Interest Expense. For a fiscal year-to-date period, the Borrower's total gross interest expense during such period (excluding interest income), and shall in any event include (i) interest expensed (whether or not paid) on all Liabilities (other than Liabilities under Swap Contracts), (ii) the amortization of debt discounts, (iii) the amortization of all fees payable in connection with the incurrence of Liabilities (other than Liabilities under Swap Contracts) to the extent included in interest expense, and (iv)... the portion of any capitalized lease obligation allocable to interest expense. View More