Aggregate Debt Service Coverage Ratio definition

Aggregate Debt Service Coverage Ratio means, for any specified date, the ratio (expressed as a percentage) of—

Aggregate Debt Service Coverage Ratio means, as of any date of determination, a ratio in which:

Aggregate Debt Service Coverage Ratio shall have the meaning set forth in Section 5.2.14 hereof.

Examples of Aggregate Debt Service Coverage Ratio in a sentence

• The Customer shall use the returns process as detailed by O2 to the Customer from time to time for returns of all damaged/faulty BlackBerry Devices and/or other equipment.

• Once each Calendar Quarter, within 20 Business Days after the Borrower has delivered to the Lender the reports required in Section 13.04, the Lender shall determine the Aggregate Debt Service Coverage Ratio for the Trailing 12 Month period and the Aggregate Loan to Value Ratio.

• Changes in Allocable Facility Amount, Valuations, the Aggregate Debt Service Coverage Ratio and the Aggregate Loan to Value Ratio shall be made pursuant to Section 2.05(b).

• If Lender consents, it shall set forth the Aggregate Debt Service Coverage Ratio and the Aggregate Loan to Value Ratio which it estimates shall result from the substitution of the Substitute Mortgaged Property into the Collateral Pool.

• On the Initial Closing Date, Lender shall determine (i) the Allocable Facility Amount and Valuation for each Mortgaged Property and (ii) the Aggregate Debt Service Coverage Ratio and the Aggregate Loan to Value Ratio.

More Definitions of Aggregate Debt Service Coverage Ratio

Aggregate Debt Service Coverage Ratio means, for any period, the quotient obtained by dividing (a) the underwritten net cash flow of the Individual Properties determined by Lender in its reasonable discretion in accordance with customary underwriting standards for such period by (b) the aggregate of all principal and interest payable for such period under (i) the Loan Documents (assuming the Loan had been fully advanced), plus (ii) the Mezzanine Loan (assuming the Mezzanine Loan had been fully advanced at the beginning of such period) (provided, however, such ratio shall, in all cases, be determined utilizing a debt service constant calculated with the Interest Rate assuming that the Interest Rate equals the sum of the Strike Rate and the Note Spread and the interest rate payable with respect to the Mezzanine Loan being the actual interest rate if such Mezzanine Loan is a fixed rate loan and if such Mezzanine Loan is a floating rate loan, such interest rate shall be calculated as the sum of the Strike Rate and the interest rate spread on such Mezzanine Loan).

Aggregate Debt Service Coverage Ratio for the Trailing 12 Month --------------------------------------------------------------- Period" means, for any specified date, the ratio (expressed as a ------ percentage) of--

Aggregate Debt Service Coverage Ratio means the Debt Service Coverage Ratio for all of the Properties taken together for the applicable period.

Aggregate Debt Service Coverage Ratio means, with respect to all Stabilized Projects as of the date of determination thereof, the ratio of (i) Aggregate Stabilized Project NOI for such period to (ii) Aggregate Stabilized Project Debt Service for such period.

Aggregate Debt Service Coverage Ratio means, as of any date, the ratio calculated for a given period in which: (i) the numerator is the Net Operating Income for the twelve (12) month period ending with the most recently completed calendar month (subject to the adjusted calculations relating to the period ending on September 30, 2016 provided in the definition of “Net Operating Income” set forth below), and (ii) the denominator is the sum of (a) the Debt Service with respect to such period and (b) the debt service payable under the Subordinate Debt with respect to such period, if any.

Aggregate Debt Service Coverage Ratio means the Debt Service Coverage Ratio for all Properties, calculated on an aggregate basis.

Aggregate Debt Service Coverage Ratio means, at any time, the ratio of (a) the aggregate of the Net Operating Income for the applicable period for all of the Properties plus the interest income actually accrued with respect to the Release Price Cash Collateral, if any, held by Fannxx Xxx during the applicable period, to (b) the aggregate Imputed Debt Service with respect to all Bond Transactions and all Custodial Receipts Transactions, for the applicable period.