Common use of Consolidated Interest Expense Clause in Contracts

Consolidated Interest Expense. With respect to any period, without duplication, (a) total Interest Expense of REIT and its Subsidiaries determined on a Consolidated basis in accordance with GAAP for such period, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates for such period.

Consolidated Interest Expense. With respect to For any period, without duplication, (a) total Interest Expense of REIT Parent and its Subsidiaries determined on a Consolidated basis in accordance with GAAP for such period, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates for such period.

Consolidated Interest Expense. With respect to On any perioddate of determination, without duplication, (a) total Interest Expense of REIT the Borrower and its Subsidiaries determined on a Consolidated basis in accordance with GAAP for such periodGAAP, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates and Subsidiaries of the Borrower that are not Wholly Owned Subsidiaries for such period.

Consolidated Interest Expense. With respect to any period, without duplication, (a) total Interest Expense of REIT and its Subsidiaries determined on a Consolidated basis in accordance with GAAP for such period, plus (b) such Person’s Equity Percentage of Interest Expense of its non-Wholly-Owned Subsidiaries, DSTs and Unconsolidated Affiliates for such period.

Consolidated Interest Expense. With respect to On any perioddate of determination, without duplication, (a) total Interest Expense of REIT REIT, the Borrower and its their respective Subsidiaries determined on a Consolidated basis in accordance with GAAP for such periodthe period of two (2) fiscal quarters most recently ended annualized, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates and Subsidiaries of Borrower that are not Wholly Owned Subsidiaries for such period.

Consolidated Interest Expense. With respect to On any perioddate of determination, without duplication, (a) total Interest Expense of REIT REIT, the Borrower and its their respective Subsidiaries determined on a Consolidated basis in accordance with GAAP for such periodthe period of four (4) fiscal quarters most recently ended, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates for such period. Consolidated Tangible Net Worth. The amount by which Total Asset Value exceeds Consolidated Total Indebtedness.

Consolidated Interest Expense. With respect to On any perioddate of determination, without duplication, (a) total Interest Expense of REIT REIT, the Borrower and its their respective Subsidiaries determined on a Consolidated basis in accordance with GAAP for such periodthe period of four (4) fiscal quarters most recently ended, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates for such period. Consolidated Tangible Net Worth. The amount by which Gross Asset Value exceeds Consolidated Total Indebtedness.

Consolidated Interest Expense. With respect to any period, without duplication, (a) total Interest Expense of the REIT and its Subsidiaries determined on a Consolidated basis (but excluding any Subsidiary that is not a Wholly-Owned Subsidiary and which is Consolidated with the REIT in accordance with GAAP) in accordance with GAAP for such period, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates and Subsidiaries that are not Wholly-Owned Subsidiaries for such period.

Consolidated Interest Expense. With respect to For any period, without duplication, (a) total Interest Expense of REIT Parent and its Subsidiaries determined on a Consolidated consolidated basis in accordance with GAAP for such period, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates for such period.

Consolidated Interest Expense. With respect to For any period, without duplication, (a) total Interest Expense of REIT Borrower and its Subsidiaries determined on a Consolidated consolidated basis in accordance with GAAP for such period, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates for such period.

Consolidated Interest Expense. With respect to any period, without duplication, (a) total Interest Expense (both expensed and capitalized) of REIT and its Subsidiaries determined on a Consolidated basis in accordance with GAAP for such period, plus (b) such Person’s Equity Percentage of Interest Expense of its Unconsolidated Affiliates for such period.