Debt Expense definition

Debt Expense means all expenses in connection with the issuance and initial sale of evidences of debt, such as fees for drafting mortgages and trust deeds; fees and taxes for issuing or recording evidences of debt; cost of engraving and printing bonds and certificates of indebtedness; fees paid trustees; specific costs of obtaining governmental authority; fees for legal services; fees and commissions paid underwriters, brokers, and salesmen or marketing such evidences of debt; fees and expenses of listing on exchanges; and other like costs.

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Debt Expense. , as applied to funded debt, means all expense in connection with the issue and sale of evidences of debt.

Debt Expense means for any period, determined for the Company and its subsidiaries on a consolidated basis for such period, the aggregate of (i) all scheduled or required payments of principal of indebtedness for such period, plus (ii) consolidated cash interest expense (including all imputed interest on capital leases, net of interest income, for such period, but excluding Performance Interest and Bonus Interest under the Note).

Examples of Debt Expense in a sentence

The Revenue Requirement Components shall be the sum of Connecting Transmission Owner’s (A) Return and Associated Income Taxes, (B) Transmission Related Real Estate Tax Expense, (C) Transmission Related Amortization of Investment Tax Credits, (D) Transmission Related Payroll Tax Expense (E) Transmission Operation and Maintenance Expense, (F) Transmission Related Administrative and General Expenses, less (G) Revenue Credits, plus (H) Bad Debt Expense.
The Revenue Requirement Components shall be the sum of Connecting Transmission Owner’s (A) Return and Associated Income Taxes, (B) Transmission Related Real Estate Tax Expense, (C) Transmission Related Amortization of Investment Tax Credits, (D) Transmission Related Payroll Tax Expense, (E) Transmission Operation and Maintenance Expense, (F) Transmission Related Administrative and General Expenses, less (G) Revenue Credits, plus (H) Bad Debt Expense.
The Revenue Requirement Component shall be the sum of Connecting Transmission Owner’s (A) Return and Associated Income Taxes, (B) Transmission Related Real Estate Tax Expense, (C) Transmission Related Amortization of Investment Tax Credits, (D) Transmission Related Payroll Tax Expense, (E) Transmission Operation and Maintenance Expense, (F) Transmission Related Administrative and General Expenses, less (G) Revenue Credits, plus (H) Bad Debt Expense.
The Revenue Requirement Component shall be the sum of National Grid’s (A) Return and Associated Income Taxes, (B) Transmission Related Real Estate Tax Expense, (C) Transmission Related Amortization of Investment Tax Credits, (D) Transmission Related Payroll Tax Expense, (E) Transmission Operation and Maintenance Expense, (F) Transmission Related Administrative and General Expenses, less (G) Revenue Credits, plus (H) Bad Debt Expense.
The Component shall be the sum of NMPC’s (A) Return and Associated Income Taxes, (B) Transmission Related Real Estate Tax Expense, (C) Transmission Related Amortization of Investment Tax Credits, (D) Transmission Related Payroll Tax Expense (E) Transmission Operation and Maintenance Expense, (F) Transmission Related Administrative and General Expenses, less (G) Revenue Credits, plus (H) Bad Debt Expense.
The Monthly Policy Charge will be equal to the sum of the following: • the Monthly Policy Debt Expense Charge, if any; and • the Monthly Cost of Insurance Charge.
The Monthly Policy Charge is equal to the sum of the following: • the Monthly Administrative Charge; • the Monthly Underwriting and Issue Charge; • the Monthly Percent of Contract Fund Value Charge; • the Monthly Specified Amount Charge; • the Monthly Policy Debt Expense Charge, if any; • the Monthly Death Benefit Guarantee Charge; • the monthly charges for additional benefits, if any; and • the Monthly Cost of Insurance Charge.
Notwithstanding any provision to the contrary contained herein, the Fair Board acknowledges and agrees that no portion of the Additional Guaranteed Rent is intended to be used for the payment of Bond Debt Expense.
The Company and the Restricted Subsidiaries will cause, for each Quarter, the ratio of (i) Operating Cash Flow for the period of four Quarters ending with such Quarter less Consolidated Cash Taxes paid during such period of four Quarters to (ii) Total Debt Expense for such period of four Quarters ending with such Quarter to be at least equal to 1.50 to 1.
If, as of the last day of any fiscal quarter, commencing with the fiscal quarter ending September 30, 2006, the Market Price (as defined in the Note) of the Common Stock is less than 105% of the Fixed Conversion Price (as defined in the Note), then the Company shall be required to have a ratio of EBITDA to Debt Expense of not less than 1.1 to 1.0 as of the last day of such fiscal quarter.

More Definitions of Debt Expense

Debt Expense means, for any period, the sum of (i) the aggregate amount of principal and interest payments (including lease payments under Capitalized Lease Obligations) of the Company and/or of ECPLP, as the case may be, determined in accordance with generally accepted accounting principles, and (ii) the amount of principal and interest payable with respect to the Funded Debt proposed to be created, incurred or assumed.

Debt Expense means all expense in connection with the issuance and sale of evidences of debt, such as fees for drafting mortgages and trusts; fees and taxes for issuing or recording evidences of debt; cost of engraving and printing bonds, certificates of indebtedness, and other evidences of debt; fees paid to