Common use of Debt Service Clause in Contracts

Debt Service. The term “Debt Service” shall mean payments (including without limitation, principal, interest and expense reimbursement) with respect to (i) capitalized leases, as defined in accordance with Generally Accepted Accounting Principles, and (ii) all third party borrowed funds related to the Business.

Appears in 2 contracts

Samples: Management Services Agreement (Old Evangeline Downs Capital Corp), Management Services Agreement (Peninsula Gaming, LLC)

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Debt Service. The term "Debt Service" shall mean payments (including without limitation, principal, interest and expense reimbursement) with respect to (i) capitalized leases, as defined in accordance with Generally Accepted Accounting Principles, and (ii) all third party borrowed funds related to the Business.

Appears in 1 contract

Samples: Management Services Agreement (Peninsula Gaming Corp)

Debt Service. The term “Debt Service” shall mean payments (including including, without limitation, principal, interest and expense reimbursement) with respect to (i) capitalized leases, as defined in accordance with Generally Accepted Accounting Principles, and (ii) all third party borrowed funds related to the BusinessProject, and (iii) any purchase money financing related to the Project.

Appears in 1 contract

Samples: Project Consulting and Management Agreement (MGM Mirage)

Debt Service. The term "Debt Service" shall mean payments (including without limitationmean, principalfor any period, interest the sum of Interest Expense for such period and expense reimbursement) with respect to (i) capitalized leasesthe principal portion of Borrowers’ Total Debt payable during such period, as defined determined in accordance with Generally Accepted Accounting Principles, and (ii) all third party borrowed funds related to the Businessgenerally accepted accounting principles.

Appears in 1 contract

Samples: Loan Agreement (Electric City Corp)

Debt Service. The term “Debt Service” shall mean payments (including including, without limitation, principal, interest and expense reimbursement) with respect to (ia) capitalized leases, as defined in accordance with Generally Accepted Accounting Principles, and (iib) all third party borrowed funds related to the BusinessFacility, and (c) any construction or permanent financing related to the Facility.

Appears in 1 contract

Samples: Management Agreement (Trump Entertainment Resorts Holdings Lp)

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Debt Service. The term “Debt Service” shall mean means the monthly payments (including without limitation, principal, of principal and interest and expense reimbursement) with respect payable on the note secured by or to (i) capitalized leases, as defined in accordance with Generally Accepted Accounting Principles, and (ii) all third party borrowed funds related to be secured by the BusinessFacility Mortgage.

Appears in 1 contract

Samples: Management Agreement (CNL Healthcare Trust, Inc.)

Debt Service. The term "Debt Service” shall mean " means for any period, principal and interest payments (including without limitation, principal, interest and expense reimbursementthose associated with capital or operating lease obligations) with respect to (i) capitalized leases, as defined in accordance with Generally Accepted Accounting Principles, and (ii) all third party borrowed funds related to the Businesspaid or 12 payable during that period.

Appears in 1 contract

Samples: Real Estate Term Loan Agreement (Inmold Inc)

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