Debt Service Amount definition

Debt Service Amount means, as of any DSCR Determination Date or any other date of determination, the sum of all accrued interest on the Loans and any other Indebtedness secured by Liens on the Collateral in respect of the most recently ended DSCR Test Period.

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Debt Service Amount shall have the meaning set forth in Section 9.2.15(a)(iii) hereof.

Debt Service Amount means an amount requested by Borrower to be funded by Lender, from the proceeds of the Advance, directly into the Collateral Account; such amount to be held in the Collateral Account and used solely for the payment of interest and fees accruing pursuant to Section 2.05.

Examples of Debt Service Amount in a sentence

The ratio of Adjusted Net Operating Income from the Unencumbered Pool, divided by the Actual Debt Service Amount.
In addition, upon the occurrence of a Cash Collection Event the Administrative Agent shall promptly (but in no event later than the Business Day before the relevant Payment Date) notify the Collateral Agent of the Actual Debt Service Amount for the Interest Period commencing on such Payment Date and the Anticipated Debt Service Amount for the next succeeding Interest Period.
The Company shall at all times after the date falling 6 months from the date of this Agreement ensure that an amount equal to the Minimum Debt Service Amount is maintained in the Debt Service Reserve Account.
If during the continuance of an Event of Default payment of all or any part of the Debt is tendered by Borrower or otherwise recovered by Lender (including through application of any Reserve Funds or any Net Proceeds), such tender or recovery shall be deemed made on the next occurring Payment Date together with the Monthly Debt Service Amount calculated at the Default Rate from and after the date of such Event of Default.
If such Pre-Export Loans Debt Service Amount has not been deposited into the Collection Account by such date, then the Collateral Agent shall notify the Off-taker of such shortfall and the Off-taker shall transfer an amount equal to the shortfall from the Off-taker’s Payment Account to the Collection Account (such funds to be derived from other export receivables of the Exporters and/or Off-taker) within two (2) Business Days of the date it receives notice from the Collateral Agent of such shortfall.

More Definitions of Debt Service Amount

Debt Service Amount means, in relation to any period and any date, the amount in Dollars which is equal to the sum of:

Debt Service Amount means, at any time and in respect of any Borrower, the aggregate amount of:

Debt Service Amount means, for each Payment Date, the aggregate amount of principal and interest under this Agreement to be payable on such Payment Date (plus any such amounts overdue from prior periods).

Debt Service Amount means in relation to any period all interest, principal and fees payable by the Borrower during that period under or pursuant to this Agreement, the Swap Agreements and any transactions under the Swap Agreements less any amounts receivable by the Borrower during that period under or pursuant to the Swap Agreements.

Debt Service Amount means Debt Service due on the Loan during the 12 month period ending on the applicable Determination Date; provided, during the first 12 months after the Effective Date, the Debt Service Amount will be calculated based on Debt Service made to the applicable Determination Date, provided such payments will be annualized; and provided further, if at any time during the 12 month period ending on the applicable Determination Date, interest-only payments are due, then with respect to such interest-only period, the Debt Service Amount will be the monthly payment of Principal and interest that would be due based on a 25 year amortization schedule using the then-current interest rate.

Debt Service Amount means the amount computed pursuant to Section 4.04(A)

Debt Service Amount means, as of any date of determination, all amounts payable by the Borrower in respect of principal of, and interest and fees on, the Loans on such date, or if such date is not an Interest Payment Date, on the Interest Payment Date immediately succeeding such date; provided, however, that if such Interest Payment Date is not a Principal Repayment Date, an amount equal to the aggregate principal amount of the Loans required to be repaid by the Borrower pursuant to Section 2.6 on the first Principal Repayment Date shall be added, for purposes of the determination of the Debt Service Amount, to the aggregate amount payable on such Interest Payment Date.