Pro Forma Debt Service. Alamosa Delaware will not permit the ratio of (i) Annualized EBITDA for any fiscal quarter ending on any date during any period set forth below to (ii) Pro Forma Debt Service as of the last day of such fiscal quarter to be less than ratio set forth below opposite such period: Period Ratio ------ ------ July 1, 2002 through December 31, 2002 1.25 to 1.00 January 1, 2003 through March 31, 2005 1.30 to 1.00 April 1, 2005 and thereafter 1.50 to 1.00
Pro Forma Debt Service. The total annual installments of principal and interest that would be required for the Loan calculated based upon a thirty (30) year amortization schedule and a per annum interest rate equal to the greater of (i) the Applicable Rate, (ii) six percent (6.0%), and (iii) the yield per annum as of the date of such calculation on U.S. Treasury securities selected in good faith by Lender, maturing approximately seven (7) years after the date of calculation, plus two and one-half percent (2.50%).
Pro Forma Debt Service. The Borrower will not permit the ---------------------- ratio of (a) Annualized EBITDA for any calendar quarter during any of the periods ending on any of the dates set forth below to (b) Pro Forma Debt Service, to be less than the ratio set forth opposite such date: Period Pro Forma Debt Service ------ ---------------------- On June 30, 2003 1.10:1 From July 1, 2003 through December 31, 2003 1.10:1 From January 1, 2004 through December 31, 2004 1.10:1 From January 1, 2005 through December 31, 2005 1.25:1 From January 1, 2006 through December 31, 2006 1.50:1 From January 1, 2007 through December 31, 2007 1.75:1 From January 1, 2008 through the Maturity Date 1.75:1
Pro Forma Debt Service. For any period of four (4) fiscal quarters, (a) Cash Interest Expense for such period, provided that the interest rate or rates applicable to any Indebtedness (i) shall be determined based upon the rate or rates in effect on the date of such computation and (ii) shall, with respect to the Loans, be based on Loans outstanding as of the date of determination; and (b) principal payable under Capital Leases during such period, based on Capital Leases outstanding as of the date of determination, as certified by the Borrower in the applicable compliance certificate or Loan Request.
Pro Forma Debt Service. For any period, the sum of all interest and principal payments that would be due and payable during such period on a loan having a principal balance equal to the amount of the outstanding principal balance of the Loans bearing interest at a rate per annum equal to the then-current annual yield on ten (10) year obligations issued by the United States Treasury most recently prior to the date of determination plus two percent (2.00%), payable based on a twenty-five (25) year mortgage-style amortization schedule (expressed as a mortgage constant percentage). The Pro Forma Debt Service shall be calculated by the Borrower and approved by the Agent. The approval of the Pro Forma Debt Service and the components thereof by the Agent shall, so long as the same shall be approved in good faith, be conclusive and binding absent manifest error.
Pro Forma Debt Service. RATIO In respect of the Quarterly Period ending 31 December 2002 and each Quarterly Period thereafter, and tested by reference to the consolidated financial statements of the Financial Group for such Quarterly Period, the ratio of Annualised EBITDA of the Financial Group to Pro Forma Debt Service shall not be less than 1.00:1.00 on the last day of such Quarterly Period.
Pro Forma Debt Service. For any period of four (4) consecutive fiscal quarters, Total Debt Service for such period, provided that (a) the interest rate or rates applicable to any Indebtedness shall be determined based upon the rate or rates in effect on the date of such computation and (b) principal payable under the Notes during such period shall be a number not less than -0- which is equal to (a) the sum of the aggregate principal amount of the Notes outstanding on the date immediately preceding the first day of such period PLUS the Letter of Credit Exposure on such date MINUS (b) the aggregate scheduled Commitments under SECTION 1.02 as of the last day of such period.
Pro Forma Debt Service. The Borrower will not ---------------------- permit the ratio of (a) Annualized EBITDA for any calendar quarter during any of the periods ending on any of the dates set forth below to (b) Pro Forma Debt Service, to be less than the ratio set forth opposite such date: Period Pro Forma Debt Service ------ ---------------------- On September 30, 2003 1.10:1 From October 1, 2003 through December 31, 2003 1.10:1 From January 1, 2004 through December 31, 2004 1.25:1 From January 1, 2005 through December 31, 2005 1.25:1 From January 1, 2006 through December 31, 2006 1.50:1 From January 1, 2007 through December 31, 2007 2.00:1 From January 1, 2008 through the Maturity Date 2.00:1"
(k) Addition of Section 10.12. Article 10 of the Credit ------------------------- Agreement is hereby further amended by adding the following new Section 10.12 Minimum Cash Balance / Availability: ------------------------------------
Pro Forma Debt Service. At any time determined by the Agent, an amount equal to the annual principal and interest payable on a loan in a principal amount equal to the outstanding principal balance of the Loan (after giving effect to any requested advance of the Loan) bearing interest at a rate per annum equal to the greater of (i) the then-current annual yield on seven (7) year obligations issued by the United States Treasury most recently prior to the date of determination plus 1.75% payable based on a 25 year mortgage style amortization schedule (expressed as a mortgage constant percentage) and (ii) eight percent (8.0%). The determination of the Pro Forma Debt Service and the components thereof by the Agent shall, so long as the same shall be determined in good faith, be conclusive and binding absent manifest error. Real Estate. All real property at any time owned or leased (as lessee or sublessee) by the Guarantor, Borrower or any of their respective Subsidiaries.
Pro Forma Debt Service. 48 8.14 Interest Rate Protection Arrangements . . . . . . . . . . . . . . . . . . 48 8.15
