Common use of Deferred Financing Costs Clause in Contracts

Deferred Financing Costs. Loan origination fees and other costs incurred arranging long-term financing are capitalized as deferred financing costs and amortized over the term of the credit agreement. Deferred financing costs totaled $10,494 and $10,133, less related accumulated amortization of $5,953 and $4,508, at December 31, 2007 and 2006, respectively, and are classified as other assets in the accompanying consolidated balance sheets.

Appears in 1 contract

Sources: Credit Agreement (Thermadyne Australia Pty Ltd.)

Deferred Financing Costs. Loan origination fees and other costs incurred arranging long-term financing are capitalized as deferred financing costs and amortized on a straight-line basis over the term of the credit agreement. Deferred financing costs totaled $10,494 11,342 and $10,13310,501, less related accumulated amortization of $5,953 7,864 and $4,5086,890, at December 31, 2007 2009 and 20062008, respectively, and are classified as other assets in the accompanying consolidated balance sheets.

Appears in 1 contract

Sources: Credit Agreement (Thermadyne Australia Pty Ltd.)

Deferred Financing Costs. Loan origination fees and other costs incurred arranging long-term financing are capitalized as deferred financing costs and amortized on a straight-line basis over the term of the credit agreement. Deferred financing costs totaled $10,494 10,501 and $10,13310,494, less related accumulated amortization of $5,953 6,890 and $4,5085,953, at December 31, 2007 2008 and 20062007, respectively, and are classified as other assets in the accompanying consolidated balance sheets.

Appears in 1 contract

Sources: Credit Agreement (Thermadyne Australia Pty Ltd.)