Closing Date DSCR definition

Closing Date DSCR means 1.63:1.00.
Closing Date DSCR means 3.78x.
Closing Date DSCR means 1.20 to 1.00.

Examples of Closing Date DSCR in a sentence

  • Lender shall have determined that the DSCR is equal to or greater than the Closing Date DSCR.


More Definitions of Closing Date DSCR

Closing Date DSCR means the Debt Service Coverage Ratio on the date hereof which is equal to 2.89:1.
Closing Date DSCR means 2.34x.
Closing Date DSCR means [___________].
Closing Date DSCR means a DSCR of 1.16 to 1.0. Code shall mean the Internal Revenue Code of 1986, as amended, as it may be further amended from time to time, and any successor statutes thereto, and applicable U.S. Department of Treasury regulations issued pursuant thereto in temporary or final form. Control shall mean (i) the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person, whether through ownership of voting securities, by contract or otherwise and/or (ii) the ownership, direct or indirect, of no less than 51% of the voting securities of such Person, and the terms Controlled, Controlling and Common Control shall have correlative meanings.
Closing Date DSCR means 1.29:1.00. “Closing Date HOA Opinions” means the opinions of counsels to Xxxxxxxx executed and delivered on or prior to the Closing Date.
Closing Date DSCR means 4.09x.
Closing Date DSCR means a ratio of 1.12 to 1.0, which ratio is equal to the Debt Service Coverage Ratio calculated as of the Closing Date.