Pro Forma Debt Service Coverage Ratio Sample Clauses

Pro Forma Debt Service Coverage Ratio. Commencing on the Closing Date, Borrower shall maintain at all times, measured at each fiscal quarter end and maintained through the next measurement date, a Pro Forma Debt Service Coverage Ratio greater than or equal to 1.50:1.0.1.0 through and including December 31, 2007, and greater than or equal to 1.250:1.0 thereafter.
AutoNDA by SimpleDocs
Pro Forma Debt Service Coverage Ratio. The Borrower will not permit the ------------------------------------- Pro Forma Debt Service Coverage Ratio to be less than 1.15 to 1 at any time.
Pro Forma Debt Service Coverage Ratio. If on any DSCR Determination Date, the Pro Forma Debt Service Coverage Ratio, is less than or equal to 1.2/1.0, then for the period (the "DSCR Restricted Period") commencing on such DSCR Determination Date and ending on the next DSCR Determination Date on which the Pro Forma Debt Service Coverage Ratio exceeds 1.2/1.0 all Excess Property Income for all the Properties shall be deposited in the Central Account and allocated as provided in Section 2.7.3(g), provided that if a DSCR Restricted Period and an Operative Period shall both be in effect with respect to any period of time, such period will be deemed an Operative Period for the purposes of this Agreement.
Pro Forma Debt Service Coverage Ratio. The Pro Forma Debt Service Coverage Ratio as of the end of each fiscal quarter of the Borrower for the fiscal quarter then ending shall not be less than 2:25 to 1:00.
Pro Forma Debt Service Coverage Ratio. Maintain, or cause to be maintained, as of the last day of each fiscal quarter, a Pro-forma Debt Service Coverage Ratio greater than 1.25:1.00.
Pro Forma Debt Service Coverage Ratio. At all times during the term hereof, the Pro Forma Debt Service Coverage Ratio shall not be less during the following time periods than the ratio set forth opposite such time periods: TIME PERIOD MINIMUM RATIO ----------- ------------- From the Closing Date and thereafter ***[1.25 to 1.00]***
Pro Forma Debt Service Coverage Ratio. Permit the Pro Forma Debt Service Coverage Ratio as at the last day of any fiscal quarter ending on or after March 31, 2000 to be less than 1.10 to 1, provided that if the Leverage Ratio as of the end of any such fiscal quarter is below 3.50 to 1, the requirements of this clause (d) shall not apply to such quarter.
AutoNDA by SimpleDocs
Pro Forma Debt Service Coverage Ratio. 20 2.3.4 Extensions .................................... 20 Section 2.4 Release of Individual Properties .............. 21 2.4.1 Release of Individual Properties .............. 21 2.4.2 Recalculation of Amortization Payments ........ 22 2.4.3 Release Documentation ......................... 22 Section 2.5 Interest ...................................... 23 2.5.1 Generally ..................................... 23
Pro Forma Debt Service Coverage Ratio. Maintain, or cause to be maintained, as of the last day of each fiscal quarter, a Pro-forma Debt Service Coverage Ratio of greater than 1.10:1.00.
Pro Forma Debt Service Coverage Ratio. As of the fiscal quarter ended , .
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!