Common use of Consolidated Interest Expense Clause in Contracts

Consolidated Interest Expense. “Consolidated Interest Expense” means, for any period, the aggregate of interest expense of the Company for such period on a consolidated basis as determined in accordance with GAAP, excluding amortization or write-off of deferred financing costs and debt issuance costs during such period and any premium or penalty paid in connection with redeeming or retiring indebtedness of the Company and its Subsidiaries prior to the stated maturity thereof pursuant to the agreements governing such indebtedness and including, without duplication, (a) all amortization of original issue discount; (b) the interest component of capitalized lease obligations paid, accrued and/or scheduled to be paid or accrued during such period; (c) net cash costs under all interest rate swaps, caps, floors, collars or similar obligations or agreements (including amortization of fees); (d) all capitalized interest; and (e) the interest portion of any deferred payment obligations for such period.