Debt Service Amounts definition

Debt Service Amounts. Amounts payable under this Note, the Security Instrument or any other Loan Document.
View Source
Debt Service Amounts shall have the meaning set forth in Section 14.01(a).
View Source
Debt Service Amounts means the Monthly Debt Service Payments and all other amounts payable under the Loan Agreement, the Note, the Security Instrument or any other Loan Document.
View Source

Examples of Debt Service Amounts in a sentence

  • Borrower has sufficient working capital, including proceeds from the Mortgage Loan, cash flow from the Mortgaged Property, or other sources, not only to adequately maintain the Mortgaged Property, but also to pay all of Borrower’s outstanding debts as they come due, including all Debt Service Amounts.

  • Borrower has sufficient working capital, including proceeds from the Mortgage Loan, cash flow from the Mortgaged Property, or other sources, not only to adequately maintain the Mortgaged Property, but also to pay all of Borrower’s outstanding debts as they come due, including all Debt Service Amounts, exclusive of Borrower’s ability to refinance or pay in full the Mortgage Loan on the Maturity Date.

  • Each payment of Master Lease Basic Rent due under the Master Lease is sufficient to pay the Debt Service Amounts (including Monthly Debt Service Payments, Taxes, Impositions, and any Replacement Reserve Deposits) in full on or prior to the due date thereof (without giving effect to any applicable grace periods) currently and throughout the term of the Mortgage Loan.

  • Borrower has sufficient working capital, including proceeds from the Mortgage Loan, cash flow from the Mortgaged Property including the Master Lease, or other sources, not only to adequately maintain the Mortgaged Property in accordance with the terms of the Loan Documents and the Master Lease, but also to pay all of Borrower’s outstanding debts as they come due, including all Debt Service Amounts, exclusive of Borrower’s ability to refinance or pay in full the Mortgage Loan on the Maturity Date.

  • Notwithstanding the accelerated amortization of amounts due to the Noteholders under the Note Purchase Agreement (as modified pursuant to the First Amendment to Note Purchase Agreement) or any other provision herein, none of Gaming's or Bazaar's respective obligations to pay Debt Service Amounts under the ESA or the Bazaar ESA (respectively) shall be reduced, modified or otherwise affected in any way or to any extent.

  • If Landlord retains any such amount the Basic Rent payable on or after the second Basic Rent Payment Date occurring after such retention shall be reduced equitably, but in no event shall the Basic Rent be reduced to an amount less than the Debt Service Amounts.

  • Borrower has sufficient working capital, including proceeds from the Advances, cash flow from the Mortgaged Properties, or other sources, not only to adequately maintain the Mortgaged Properties, but also to pay all of Borrower’s outstanding debts as they come due, including all Debt Service Amounts, exclusive of Borrower’s ability to refinance or pay in full any Advance on its Maturity Date.

  • Operations Co acknowledges that the Authority may require Minor Works in accordance with Schedule 6 [Changes, Minor Works and Innovation Proposals] to the Project Agreement and agrees that it will be responsible to fulfill all obligations of and receive all payments (other than any portion of such payments related to Senior Debt Service Amounts) to Project Co thereunder in accordance with Schedule 6 [Changes, Minor Works and Innovation Proposals] to the Project Agreement and the Pass-Down Provisions.

  • Each payment due under the Seniors Housing Facility Lease is sufficient to pay the Debt Service Amounts (including Monthly Debt Service Payments, Taxes, Impositions, and any Replacement Reserve Deposits) in full on or prior to the due date thereof (without giving effect to any applicable grace periods) currently and throughout the term of this Master Agreement.

  • If for any reason the Debt Service Amount for any Fiscal Year is changed for Bonds bearing interest at fixed rates, District #6 shall promptly prepare and deliver a revised schedule of Debt Service Amounts to the City.


More Definitions of Debt Service Amounts

Debt Service Amounts means all cash disbursements required or permitted to be made by the Company for repayment of principal and payment of interest and all other amounts payable under or in respect of (i) the Financing Facilities or (ii) any other Indebtedness of the Company.
View Source
Debt Service Amounts amounts payable under this Agreement, the Note, the Mortgage or any other Loan Document. Default Rate: a rate equal to the lesser of four (4) percentage points above the Interest Rate or the maximum interest rate that may be collected from Borrower under applicable law. Disbursement Date: the date of each disbursement of Loan proceeds hereunder. Guarantor: a person or entity, acceptable to Grantee, who gives to Grantee an Operating Deficit Guaranty and/or a Completion Guaranty. Guarantors may include the general partner of ▇▇▇▇▇▇▇▇’s limited partnership or the managing member of Borrower’s limited liability company, or other Affiliate of Borrower. Each Guarantor shall have an economic interest in Borrower or shall otherwise obtain a material financial benefit from the Gap Financing Loan. Identity of Interest: an identity of interest relationship exists if any officer, director, board member, or authorized agent of any project team member (consultant, general contractor, supplier, vendor, vendee, attorney, management agent, seller of the land, etc.): is also an officer, director, board member or authorized agent of any other project team member; has any Control over or any financial interest in any other project team member’s firm or corporation; is a business partner of an officer, director, board member, or authorized agent of any other project team member; has a family relationship through blood, marriage or adoption with an officer, director, board member, or authorized agent of any project team member; or advances any funds or items of value to the Borrower.
View Source
Debt Service Amounts has the meaning given that term in Section 3.13(3) of this Agreement.
View Source
Debt Service Amounts shall have the meaning, as applicable, (a) with respect to the ESA, as set forth in Section I(D) of Exhibit C ("Contract Capacity Charges and Consumption Charges") to the ESA, and (b) with respect to the Bazaar ESA, as set forth in Exhibit C ("Contract Capacity Charge") to the Bazaar ESA.
View Source

Related to Debt Service Amounts

  • Debt Service Charges means for any Measurement Period, the sum of (a) Consolidated Interest Charges paid in cash or required to be paid in cash for such Measurement Period, plus (b) principal payments, other than Permitted Refinancings, made or required to be made on account of Indebtedness (excluding the Obligations but including, without limitation, Capital Lease Obligations) for such Measurement Period, in each case determined on a consolidated basis in accordance with GAAP.

  • Debt Service means, with respect to any particular period of time, scheduled interest payments under the Note.

  • Annual Debt Service as of any date means the maximum amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.

  • Monthly Debt Service Payment Amount means, for each Monthly Payment Date, an amount equal to the amount of interest which is then due on all the Components of the Loan in the aggregate for the Interest Period during which such Monthly Payment Date occurs.

  • Annual Debt Service Charge as of any date means the amount which is expensed in any 12-month period for interest on Debt of the Company and its Subsidiaries.