Total Cash Interest Expense definition

Total Cash Interest Expense means the sum of the total cash interest expense in respect of Total Indebtedness for such period determined in conformity with GAAP (excluding interest capitalized in accordance with GAAP, amortization of deferred financing costs, Incremental Cash Interest and other non-cash charges and expenses) minus cash interest income. ; and (vi) inserting the following new definitions in appropriate alphabetical order:

Total Cash Interest Expense means all Total Interest Expense payable in cash.

Total Cash Interest Expense means for any period total interest expense (net of interest income) of PXI and its Subsidiaries on a consolidated basis (including, without limitation, the interest expense associated with Capitalized Lease Obligations but excluding expense for interest not payable in cash).

Examples of Total Cash Interest Expense in a sentence

• PXI will not permit the ratio of (x) EBITDA to (y) Total Cash Interest Expense for any Test Period ending on the last day of any fiscal quarter set forth below to be less than the amount set forth opposite such fiscal quarter below.

• Compliance: Yes/No Detailed calculations of Total Debt, Net Senior Debt, Annualised EBITDA, Consolidated EBITDA, Total Cash Interest Expense, Pro Forma Debt Service, Pro Forma Cash Interest Expense and Capital Expenditure are attached.

• The Borrower shall be in compliance with the foregoing covenant on an annualized basis as of the last day of each calendar month so that Operating Cash Flow, Total Cash Interest Expense and each component of each of said terms are calculated for the calendar month in question and for the two immediately preceding calendar months and the results of said calculation are multiplied by four.

• Maintain at all times a ratio of (i) Operating Cash Flow to (ii) Total Cash Interest Expense (exclusive of Closing Costs) of not less than 1.05:1.00.

• Total Net Debt/EBITDA 6.04x 5.84x 5.28x 4.77x 4.26x 3.76x Total Debt/EBITDA 6.17x 5.85x 5.32x 4.78x 4.29x 3.80x OFFER PRICE $33.00 COMPARATIVE STORE SALES GROWTH 0.5% NOTES: ----- Total Cash Interest Expense excludes deferred financing charges.

More Definitions of Total Cash Interest Expense

Total Cash Interest Expense means in relation to any period, the aggregate of all interest (excluding capitalised interest) paid or payable during such period in respect of indebtedness for borrowed money of members of the Financial Group (other than indebtedness for borrowed money owed by one member of the Financial Group to another member of the Financial Group) less an amount equal to the amount of such interest paid or payable during such period which was held as Restricted Cash at the relevant time;

Total Cash Interest Expense in their entirety to read:

Total Cash Interest Expense means, with respect to any period, Interest Expense for such period. "

Total Cash Interest Expense means, for any period, without duplication, the (a) sum of the total consolidated interest expense (including, without limitation, the portion attributable to Capital Lease Obligations in accordance with GAAP) of the Borrower and its Subsidiaries for such period determined in accordance with GAAP plus (b) cash losses or minus cash gains during such period resulting from Interest Rate Protection Agreements to which the Borrower and/or any of its Subsidiaries is party less (c) to the extent included in such consolidated interest expense, (i) interest capitalized in accordance with GAAP, (ii) amortization of deferred financing costs and (iii) other non-cash charges and expenses, less (d) cash interest income.

Total Cash Interest Expense means, at any time (without double counting), the consolidated aggregate interest expenses of the Group but deducting interest expenses which do not have to be paid in cash but on an accrued basis.

Total Cash Interest Expense means total cash interest expense (including that which is capitalized and that attributable to Capital Leases) of the Company and its Subsidiaries on a consolidated basis with respect to all outstanding Indebtedness of the Company and its Subsidiaries, including, without limitation, all commissions, discounts and other fees and charges owed with respect to letters of credit and net costs under Hedge Agreements, all as determined in accordance with GAAP.

Total Cash Interest Expense means for any period total interest expense of the Borrower and its Sub- sidiaries on a consolidated basis (including, without limitation, the interest expense associated with Capitalized Lease Obligations (Equipment) and Adjusted Capitalized Lease Obligations (Other) but excluding (y) interest expense associated with Capitalized Lease Obligations (Other) (but only to the extent not constituting Adjusted Capitalized Lease Obligations (Other)) and (z) expense for interest not payable in cash during such period.