Debt Service means, with respect to any particular period of time, the scheduled principal and interest payments due under this Agreement and the Note.
Debt Service means, with respect to the Borrower and the Subsidiaries on a consolidated basis for any period, Cash Interest Expense for such period, plus scheduled principal amortization of Consolidated Debt for such period.
Debt Service means, with respect to any particular period of time, scheduled interest payments under the Note.
Examples of Debt Service in a sentence
Upon receipt of any such Capital Call Notice, each Direct Shareholder shall make a Cash Contribution (or, in the case of the Debt Service Reserve Required Balance, may provide an Acceptable Letter of Credit in accordance with the terms of the Accounts Agreement), in each case, on or prior to the applicable date and in the applicable amount set forth in such Capital Call Notice based on the Ford Share and SK Share.
More Definitions of Debt Service
Debt Service means, for any period, the aggregate of all principal, interest payments, Default Rate interest, Late Charges and other amounts that accrue or are due and payable in accordance with the Loan Documents during such period.
Debt Service means, for any period, the sum of: (a) Interest Expense of the Borrower and its Subsidiaries determined on a consolidated basis for such period and (b) all regularly scheduled principal payments made with respect to Indebtedness of the Borrower and its Subsidiaries during such period, other than any balloon, bullet or similar principal payment which repays such Indebtedness in full.
Debt Service means the sum of all payments on account of principal, interest, financing fees and charges due and payable in an Accounting Year to the Senior Lenders under the Financing Agreements;
Debt Service means, for any period, Cash Interest Expense for such period plus scheduled principal amortization of all Indebtedness for such period.
Debt Service means, with respect to any particular period of determination, the scheduled interest payments due under the Note for such period.
Debt Service or “Senior Debt Service” means interest, redemption premium, purchase price to the extent provided by Officer’s Certificate, Sinking Fund Requirements and (without duplication) principal payments due on or on account of Outstanding Senior Bonds and (to the extent provided by Series Resolution) Notes and amounts payable from the Bond Account on Senior Agreements. Principal of Notes and termination payments on swap contracts shall be deemed Debt Service only to the extent expressly specified in the text of a Series Resolution.
Debt Service means, as of any particular date of computation, and with respect to any period, the amount to be paid or set aside as of such date or such period for the payment of the principal of or interest on the Bonds.