Coverage Factor definition

Coverage Factor means the factor, determined by the Administrative Agent from time to time on not less than 30 days' prior written notice to the Borrower and the Lenders, with respect to each respective Mortgaged Property included as Eligible Real Estate, by which the Market Constant for such Mortgaged Property shall be multiplied to determine the denominator used to calculate the Borrowing Base attributable to such Mortgaged Property. In determining any Coverage Factor for any Mortgaged Property or any changes therein (i) the Administrative Agent shall make such determinations (other than the initial determinations set forth on Annex III) only pursuant to instructions from, or with the consent of, the Required Lenders, and (ii) no Coverage Factor shall ever be less than 1.2X nor greater than 1.3X. The initial Coverage Factor for each initial Mortgaged Property is set forth on Annex III.
Coverage Factor means 25% of Agency Debt Service, determined in accordance with Article 14 hereof, calculated for each Fiscal Year.
Coverage Factor means an amount determined in accordance with the following schedule:

Examples of Coverage Factor in a sentence

  • COVERAGE PERIOD AS STATED ON THE ID CARDTERM: AS STATED ON THE ID CARDX 12:01 A.M., Standard Time at your mailing addressHazardous Sports Coverage Factor: 1.25Coverage Maximum limited to $25,000 for Travelers age 70-79 Coverage Maximum limited to $15,000 for Travelers age 80 and above.

  • Coverage Factor Analysis should be used to identify which factors are relevant (e.g. outside air temperature and humidity, production, or occupancy).

  • Deductible Factors: Hazardous Sports Coverage Factor: 1.15ModePremium shown above, payable: In Advance This certificate of Insurance is made and accepted subject to the foregoing stipulations and conditions together with such other provisions, agreement or conditions as may be endorsed or added here to.Dated: 04/18/2017 By: (Correspondent – James J.

  • Check the box next to “Revenue-Secured Loan” and indicate the Debt Service Coverage Factor and Loan Reserve Percentage.

  • He contends that if 5 percent of carrier route flats were broken and mechanically sorted, the In-plant IS Coverage Factor would be overstated by more than 6 percent.


More Definitions of Coverage Factor

Coverage Factor in relation to a Building, means the figure arrived
Coverage Factor means 25% of Agency Debt Service, determined in
Coverage Factor means the percentage calculated by dividing the numerator which is the amount by which Agency Revenues exceeds Agency Debt Service and denominator which is the total amount of Agency Revenues.
Coverage Factor means one hundred twenty-five percent (125%) of Participant’s pro rata share of Capital Projects Installment Debt Service, determined in accordance with Article 20(C) hereof, calculated for each Fiscal Year.
Coverage Factor means a percentage rate equal to fifteen (15) percent.
Coverage Factor means an amount determined in accordance with the following schedule: Long-Term Debt Service Coverage Ratio for
Coverage Factor means (i)