Interest Capitalized definition

Interest Capitalized means, in respect of any period, interest capitalized by the Borrower and its Consolidated Entities in such period calculated in accordance with GAAP plus to the extent not already included herein the Borrower's pro rata share of the interest capitalized of its Unconsolidated Entities; provided, however, that Interest Capitalized shall not include "interest capitalized" by CSC in respect of the CSC Note.
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Interest Capitalized means, in respect of any period, "Interest ------------------- Capitalized" by the Borrower and its Consolidated Entities in such period calculated in accordance with GAAP plus to the extent not already included herein the Borrower's pro rata share of the Interest Capitalized of its Unconsolidated Entities; provided, however, that Interest Capitalized shall not -------- ------- include "interest capitalized" by CSC in respect of the CSC Note or by Charlotte Gateway Village, LLC except at such times as Charlotte Gateway Village, LLC's assets, liabilities and financial results are included in the calculations required or provided hereunder, as set forth in the definition of Charlotte Gateway Village, LLC herein.
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Interest Capitalized means, in respect of any period, "Interest Capitalized" by the Borrower and its Consolidated Entities in such period calculated in accordance with GAAP plus to the extent not already included herein the Borrower's pro rata share of the Interest Capitalized of its Unconsolidated Entities; provided, however, that Interest Capitalized shall not include "interest capitalized" by CSC in respect of the CSC Note or by Charlotte Gateway Village, LLC except at such times as Charlotte Gateway Village, LLC's assets, liabilities and financial results are included in the calculations required or provided hereunder, as set forth in the definition of Charlotte Gateway Village, LLC herein.
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Examples of Interest Capitalized in a sentence

  • Subordinate Revenue Bonds Interest, Capitalized Interest and Principal Sub-Accounts of the Revenue Bonds Account of the Debt Service Fund.

  • Interest Capitalized - Interest attributable to funds used to finance the acquisition of new aircraft and construction of major ground facilities is capitalized as an additional cost of the related asset.

  • The amount of each Advance requested represents amounts owed by Construction Agent in respect of Construction Costs incurred prior to the date of such Advance and for which Construction Agent has not previously been reimbursed by an Advance or represent amounts with respect to Capitalized Interest, Capitalized Yield or Capitalized Fees.

  • If any Lease Event of Default shall have occurred and be continuing and notwithstanding any termination of this Lease pursuant to SECTION 17.1, Lessee shall forthwith pay to Lessor all Capitalized Interest, Capitalized Holder Yield and Basic Rent and other sums due and payable to the Participants hereunder or under the Operative Agreements to and including the date of such termination.

  • The Advance Date with respect to each such Advance for such accrued Participant Capitalized Costs shall be the relevant Payment Date (subject to the terms and conditions for an Advance set forth in this Participation Agreement at Section 3.1 and as provided for below), and the proceeds of such Advance shall be applied to pay such accrued Capitalized Interest, Capitalized Yield, Capitalized Fees and Capitalized Contingent Costs.

  • Except for any Advance to fund Capitalized Interest, Capitalized Yield or the Commitment Fee, any Advance of Eurodollar Loans shall be in such amounts and be made pursuant to such elections so that, after giving effect thereto, (i) the aggregate principal amount of all Eurodollar Loans having the same Interest Period shall not be less than $5,000,000 or a whole multiple of $1,000,000 in excess thereof and (ii) no more than 6 Interest Periods shall be in effect at any one time.

  • The Advance Date with respect to each such Advance for such Capitalized Interest, Capitalized Yield and Capitalized Fees shall be the relevant Payment Date (subject to the terms and conditions for an Advance set forth in this Participation Agreement) and the proceeds of such Advance shall be applied to pay such Capitalized Interest, Capitalized Yield and Capitalized Fees.

Related to Interest Capitalized

  • Capitalized Interest means, with respect to the interest due or to be due on a Series of Bonds prior to, during and for a period not exceeding one year after the completion of a

  • Capitalized Interest Account The separate Eligible Account designated as such and created and maintained by the Trustee pursuant to Section 3.05(h) hereof. The Capitalized Interest Account shall be treated as an "outside reserve fund" under applicable Treasury regulations and shall not be part of any REMIC. Except as provided in Section 3.05(h) hereof, any investment earnings on the amounts on deposit in the Capitalized Interest Account shall be treated as owned by the Depositor and will be taxable to the Depositor.

  • Capitalized Value means, as of any date, Annualized EBITDA divided by the Capitalization Rate.

  • Consolidated Senior Funded Debt means Consolidated Funded Debt that is not Subordinated Debt.

  • Total Funded Debt means all Funded Debt of the Borrower and its Consolidated Subsidiaries, on a consolidated basis, as determined in accordance with GAAP.