Common use of Debt Service Clause in Contracts

Debt Service. For any period, the sum of all interest (including capitalized interest) and mandatory or scheduled principal payments due and payable during such period excluding any balloon payments due upon maturity of any indebtedness.

Appears in 7 contracts

Samples: Revolving Credit Agreement (Walden Residential Properties Inc), Revolving Credit Agreement (Excel Realty Trust Inc), Revolving Credit Agreement (New Plan Excel Realty Trust Inc)

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Debt Service. For any period, the sum of all interest (including capitalized interest) and mandatory or scheduled principal payments due and payable during such period excluding any balloon payments due upon maturity of any indebtedness.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Crescent Real Estate Equities Co), Revolving Credit Agreement (Crescent Real Estate Equities Inc)

Debt Service. For any period, the sum of all interest (including capitalized interest) expense and mandatory or scheduled principal payments due and payable during such period period, excluding any balloon payments due upon maturity of any indebtednessIndebtedness.

Appears in 2 contracts

Samples: Revolving Credit Agreement (Wellsford Real Properties Inc), Revolving Credit Agreement (Wellsford Real Properties Inc)

Debt Service. For any period, the sum of all interest (including capitalized interest) Interest Expense and mandatory or scheduled principal payments due and payable during such period (including any mandatory payments due under any Capitalized Leases), excluding any balloon payments due upon maturity of any indebtednessIndebtedness.

Appears in 1 contract

Samples: Credit Agreement (Gramercy Capital Corp)

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Debt Service. For any period, the sum of all interest (including capitalized interest) and mandatory or scheduled principal payments due and payable during such period (including any payments due under any Capitalized Leases) excluding any balloon payments due upon maturity of any indebtedness.

Appears in 1 contract

Samples: Term Loan Agreement (Ps Business Parks Inc/Ca)

Debt Service. For any period, the sum of all interest (including capitalized interest) and mandatory or scheduled principal payments the Actual Scheduled Principal Payments that are due and payable during such period excluding any balloon payments due upon maturity of any indebtednessperiod.

Appears in 1 contract

Samples: Revolving Credit Agreement (Storage Trust Realty)

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