Cash Flow after Debt Service definition
Cash Flow after Debt Service means the difference of the Project’s net operating income and total debt service exclusive of cash flow notes.
Cash Flow after Debt Service means the Project’s net operating income less total debt service exclusive of cash flow notes.
Cash Flow after Debt Service means the difference between a Project’s income and expenses including Debt Service on all must-pay debt, during Project operations following construction completion and final financial closing.
Examples of Cash Flow after Debt Service in a sentence
David ▇▇▇▇▇ Its: Presiden▇ Exhibit "A-2" Terms of Equity Financing by PinnOak for the Pinnacle Project Project Cost: $11.8 mm Equity: $ 2.8 mm USDA-Guaranteed Loan $ 9.0 mm Annual Partner Distributions from Cash Flow after Debt Service Requirements are met: 1st $500,000 to PinnOak Next $300,000 to Beard Next $1,000,000: 60% to PinnOak 40% to Beard Next $500,000: 55% to PinnOak 45% to Beard Cash flow in excess of the above amounts will be shared equa▇▇▇ ▇etween the partners or 50/50.
More Definitions of Cash Flow after Debt Service
Cash Flow after Debt Service for the Borrower shall equal the cumulative amount of dividends received from Kinder ▇▇▇▇▇▇ ▇.▇. for the period of calculation less all cash expenditures and payments of principal, interest and other amounts in respect of the Indebtedness for such period.
Cash Flow after Debt Service means, for any period of determination thereof, with respect to any Project or Other Property the excess, if any, of the Project Income for such period over the aggregate of (i) the Project Expenses for such period and (ii) an assumed reserve for capital expenditures, tenant improvements, leasing commissions and other tenant expenditures in an amount as determined by Lender.
Cash Flow after Debt Service with respect to any period, the aggregate of the following for such period:
Cash Flow after Debt Service means the difference between a Project’s income and expenses, including Debt Service on all must-pay debt, during Project operations after construction completion.