Cash Trap DSCR means 1.40x.
Cash Trap DSCR means a DSCR less than or equal to 1.30 to 1.0.
Cash Trap DSCR means 1.30:1.
Examples of Cash Trap DSCR in a sentence
Any funds on deposit in the Cash Trap Reserve shall continue to be held as additional Collateral in accordance with this Section 6.5. Provided that no Event of Default exists and Lender determines that the Cash Trap DSCR test has been satisfied for two (2) consecutive calendar quarters (as determined above), any funds remaining in the Cash Trap Reserve shall be released to the Borrowers.
More Definitions of Cash Trap DSCR
Cash Trap DSCR means, as of the last day of any calendar quarter ending prior to the Anticipated Repayment Date, 1.30:1 for such calendar quarter.
Cash Trap DSCR means a DSCR of 1.30 to 1.0.
Cash Trap DSCR means, for the five-year period commencing on the Closing Date, 1.30:1, and for any full calendar quarter thereafter, 1.75:1.
Cash Trap DSCR means a DSCR as of the end of any calendar quarter less than or equal to 1.30 to 1.0. “Cash Trap Reserve” shall have the meaning ascribed to it in Section 4.06.
Cash Trap DSCR means a DSCR less than or equal to 1.30 to 1.0. “Cash Trap Reserve” shall have the meaning ascribed to it in Section 4.05.
Cash Trap DSCR means a DSCR as of the end of any calendar quarter less than or equal to 1.30 to 1.0.
Cash Trap DSCR means ________________.