Debt Service Obligations definition

Debt Service Obligations for a particular period means a borrower’s interest expense, non-discretionary principal repayments and lease payments for that period.

Debt Service Obligations means, for any Measurement Period, the sum of all amounts payable by the Borrower and its Subsidiaries (other than Non-Recourse Subsidiaries), without duplication, in respect of principal and Interest Expense on Indebtedness for Borrowed Money during such Measurement Period.

Debt Service Obligations of a political subdivision means (1) the principal and interest payable during a calendar year on bonds and (2) lease rental payments payable during a calendar year on leases of such political subdivision, which are payable from ad valorem property taxes.

Examples of Debt Service Obligations in a sentence

• See "Risk Factors--High Degree of Leverage and Debt Service Obligations May Adversely Affect LifePoint and LifePoint." A registration rights agreement will be executed in connection with the offering of the notes whereby LifePoint Holdings will agree to exchange the unregistered notes for registered notes with substantially identical terms.

• See "Risk Factors--High Degree of Leverage and Debt Service Obligations May Adversely Affect LifePoint and Triad" beginning on page 35, "LifePoint Unaudited Pro Forma Condensed Combined Balance Sheet" beginning on page 19, and "Triad Unaudited Pro Forma Condensed Combined Balance Sheet" beginning on page 25.

• Increased Leverage; Debt Service Obligations; Liquidity In connection with the Recapitalization Transaction, the Company will increase its leverage, both through the incurrence of additional indebtedness and through the payment of a dividend to Holding (PA) to fund, in part, a redemption of Holding (PA) capital stock.

• See "Risk Factors--Leverage and Debt Service Obligations" beginning on page 31, "LifePoint Unaudited Pro Forma Condensed Combined Balance Sheet" beginning on page 19, and "Triad Pro Forma Unaudited Condensed Combined Balance Sheet" beginning on page 24.

• Notwithstanding anything herein to the contrary, no Shareholder's liability for indemnification shall exceed the aggregate of (i) $750,000; (ii) $1,080,612.44; and (iii) any Debt Service Obligations satisfied by the Buyer in cash not reimbursed from the proceeds of stock in the "Account" maintained pursuant to the Consideration Agreement.

More Definitions of Debt Service Obligations

Debt Service Obligations means, for any Calculation Period, an amount (without double counting) equal to the aggregate of:

Debt Service Obligations means, in respect of any Relevant Period, the aggregate amount of interest (including the interest element of leasing and hire purchase payments), commissions, fees, discounts, and other finance payments paid by the Borrower (on a consolidated basis), including any commissions, fees, discounts and other finance payments paid by the Borrower (on a consolidated basis) under any interest hedging arrangements, but deducting any commissions, fees, discounts and other finance payments received by the Borrower (on a consolidated basis) under any interest rate hedging arrangement permitted by this agreement, plus current maturities of long term debt and any short term debt which has to be repaid;

Debt Service Obligations means, on any Loan to Value Determination Date, the aggregate of (i) the principal amounts outstanding of the Loan and (ii) all other sums in relation thereto then due pursuant to the Finance Documents but unpaid, together with accrued interest thereon

Debt Service Obligations means the sum of principal and interest payments made by the Issuer during the immediately preceding four fiscal quarters determined on a consolidated basis, excluding principal and interest payments on indebtedness specifically subordinated and postponed hereunder.

Debt Service Obligations means all loans, advances, debts, liabilities and obligations, howsoever arising, owed by the Company under a Finance Document, or otherwise to any lender or financial institution of every kind and description (whether or not evidenced by any note or instrument), direct or indirect, absolute or contingent, due or to become due, now existing or hereafter arising, pursuant to the terms of this Agreement, any of the other Finance Documents, or any other loan or finance document including all interest, fees (including fees payable to the agents or other financial institutions), charges, expenses, attorneys’ fees and accountants’ fees chargeable to the Company in connection with any dealings of the Company with a financial institution and payable by the Company hereunder or under a loan agreement or other finance document evidencing any kind of Debt of the Company.

Debt Service Obligations means the total of interest and other financial charges, and the repayment of principal, on all medium and long term liabilities of the Borrower, including, but not limited to, loans and bonds.

Debt Service Obligations means, for any period, the sum of (i) Consolidated Interest Expense attributable to Indebtedness incurred pursuant to Sections 6.01(a) and 6.01(d) hereof and (ii) regularly scheduled principal payments on Indebtedness incurred pursuant to Sections 6.01(a) and 6.01(d).