Common use of Pro Forma Debt Service Clause in Contracts

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 total annual installments of principal and interest that would be required for the Loan calculated based upon a thirty twenty-five (3025) year amortization schedule and a per annum interest rate equal to the greater of (i) the Applicable Rate, (ii) six five and three-quarters percent (6.05.75%), 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 total annual installments of principal and interest that would be required for the Loan calculated based upon a thirty twenty-five (3025) year amortization schedule and a per annum interest rate equal to the greater of (i) the Applicable Rate, (ii) six percent (6.06.00%), 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 total annual installments of principal and interest that would be required for the Loan calculated based upon a thirty twenty-five (3025) year amortization schedule and a per annum interest rate equal to the greater of (i) the Applicable Rate, (ii) six and one-half percent (6.06.50%), and (iiiii) 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 ten (710) years after the date of calculation, plus two and one-half three percent (2.503.00%).