Common use of Deferred Financing Costs Clause in Contracts

Deferred Financing Costs. Deferred financing costs are an asset for credit facility costs and netted in debt for senior notes. These costs are amortized over the contractual term of the related obligations using the effective interest method or, in certain circumstances, accelerated if the obligation is refinanced.

Deferred Financing Costs. Deferred financing costs are an asset for credit facility costs and netted in against debt for senior notes. These costs are amortized over the contractual term of the related obligations using the effective interest method or, in certain circumstances, accelerated if the obligation is refinanced.