Interest Expense. On any date of determination, with respect to REIT, the Borrower and their respective Subsidiaries, without duplication, total interest expense accruing or paid on Indebtedness of the REIT and its Subsidiaries, on a consolidated basis, during such period (including interest expense attributable to Capital Lease Obligations and amounts attributable to interest incurred under Derivatives Contracts), determined in accordance with GAAP, and including (without duplication) the Equity Percentage of Interest Expense for the REIT’s Unconsolidated Affiliates and Subsidiaries of Borrower that are not Wholly Owned Subsidiaries. Interest Expense shall not include non-cash interest expense, but includes capitalized interest (less capitalized interest not paid to third parties) not funded under a construction loan by the Borrower.
Interest Expense. For any period with respect to Parent Company and its Subsidiaries, without duplication, (a) interest (whether accrued or paid) actually payable (without duplication), excluding non-cash interest expense but including capitalized interest not funded under an interest reserve pursuant to a specific debt obligation, together with the interest portion of payments on Capitalized Leases, plus (b) Parent Company’s and its Subsidiaries’ Equity Percentage of Interest Expense of their Unconsolidated Affiliates for such period.
Interest Expense. In respect of any period, an amount equal to the sum of the interest incurred during such period based on a stated interest rate with respect to Indebtedness for Money Borrowed of the Borrower and its Restricted Subsidiaries on a consolidated basis.
Interest Expense. Interest expense on all financial liabilities including deposits are recognized in profit or loss using effective interest rate method. Interest expense on all trading liabilities are considered to be incidental to the Bank’s trading operations and are presented together with all other changes in fair value of trading assets and liabilities in net trading income.
Interest Expense. The Company's non-interest expense increased $316,000 to $4.0 million for the year ended December 31, 2003 compared to $3.7 million for the year ended December 31, 2002. The increase in non-interest expense resulted primarily from increased staffing costs of $160,000, due to normal salary and benefit increases, increased bonus accruals and an increase in ESOP expense attributable to the increase in the Company's stock price. In addition, advertising increased by $16,000 due to increased spending related to mortgage and deposit product promotions, occupancy and equipment expenses increased by $30,000 due to increased repair and maintenance charges, data processing increased by $36,000 due to increased transaction activity and other costs increased by $57,000 due in part to increased security costs at all of the Bank's locations.
Interest Expense. 1. All “
Interest Expense. For any period, the aggregate amount (determined on a consolidated or consolidating basis, as appropriate, after eliminating intercompany items, in accordance with GAAP) of interest accrued (whether or not paid) during such period (including without limitation the Commitment Fee, the Agency Fee the interest component of Capital Lease Obligations but excluding the Funding fee and all interest in respect of overdue -trade payables) by the Companies in respect of all Indebtedness for borrowed money.
Interest Expense. For financial liabilities measured at amortized cost using the rate that closely approximates effective interest rate, interest expense is recorded using such rate. EIR is the rate that exactly discounts estimated future cash payments or receipts through the expected life of the financial instrument or a shorter period, where appropriate, to the net carrying amount of the financial asset or financial liability.
Interest Expense. Upon a rollover of a Transaction (or any portion of such Transaction), GTJAFX shall be entitled to charge an interest expense at a rate determined by GTJAFX in its sole and absolute discretion, after considering, including without limitation, its cost of funding and reference prices provided by the liquidity providers as selected by GTJAFX. GTJAFX shall be entitled to deduct such interest expense from the Client's Account, and the Client hereby irrevocably and unconditionally authorises GTJAFX to deduct any such interest expense from the Account at any time as GTJAFX may determine. GTJAFX shall, as soon as practicable, give notice to the Client of any such deduction from the Client's Account under this Clause 13.2.
Interest Expense. 1. RECIPIENT acknowledges that the TRANSPORTATION AUTHORITY may have to issue debt to honor reimbursement requests, including, but not limited to, the planned reimbursement requests shown in the current CASH FLOW DISTRIBUTION SCHEDULE. If, as of the date of a reimbursement, the sum of the reimbursements for an Expenditure Plan line item exceeds such Expenditure Plan line item’s cumulative pro-rata shares of Proposition K revenues as such revenues and pro-rations are shown in the current adopted Proposition K Strategic Plan, and the TRANSPORTATION AUTHORITY issues debt to satisfy its reimbursement obligations to RECIPIENT or any other recipient of Proposition K revenues, then such Expenditure Plan line item shall be responsible for and allocated its pro-rata share of the costs and expenses of such debt, including all interest expense, fees, and other costs of issuance (collectively, “Debt Expenses”). Actual Debt Expenses shall be reported at the end of the FISCAL YEAR in which the reimbursement occurs, and such Debt Expenses will be charged against applicable Expenditure Plan line item reimbursement limits.