Debt Yield as of any date of determination, the percentage obtained by dividing:
Debt Yield means, as of any date of determination, a fraction expressed as a percentage in which:
Debt Yield shall have the meaning set forth in the Mortgage Loan Agreement.
Examples of Debt Yield in a sentence
For purposes of calculating the Debt Yield, any portion of any Mezzanine Loan deemed outstanding after giving effect to such Discounted Payoff shall be reduced by the Face Amount of any Mezzanine Loan retired in connection with such Discounted Payoff.
More Definitions of Debt Yield
Debt Yield means, as of any date of calculation, a ratio conveyed as a percentage in which: (i) the numerator is the Underwritable Cash Flow; and (ii) the denominator is the then outstanding principal balance of the Loan.
Debt Yield means Adjusted Net Cash Flow divided by the sum of (a) the unpaid principal amount of the Mortgage Loan and (b) the outstanding principal balance of any subordinate or mezzanine financing including, without limitation, the Loan and any other mezzanine loan which constitutes a portion of the Mez Loan then affecting or related to the Property or any interest therein (determined as of the date of the calculation of Debt Yield).
Debt Yield means as of the date of calculation, a ratio conveyed as a percentage in which: (i) the numerator is the Underwritten Net Cash Flow for such period; and (ii) the denominator is the then outstanding principal balance of the Loan.
Debt Yield. With respect to any Purchased Asset and for any relevant time period, the percentage equivalent of the quotient obtained by dividing (i) the underwritten net cash flow for such period from the Mortgaged Properties securing such Purchased Asset, as determined by Buyer in its sole discretion, by (ii) the outstanding Purchase Price of such Purchased Asset on the last day of such time period.
Debt Yield means, as of any date of calculation, a ratio conveyed as a percentage in which: (i) the numerator is the Net Cash Flow for the Individual Continental Properties; and (ii) the denominator is the aggregate amount of the then outstanding principal balance of the Loan (including all Components thereof) and the Mezzanine Loans.
Debt Yield means, as of any date of determination, a fraction, expressed as a percentage (i.e. 0.10 = 10%), which is obtained by dividing:
Debt Yield means, as of any date of determination, the percentage obtained by dividing (a) the NOI for a trailing twelve (12) month period, by (b) the sum of (i) the then principal balance of the Loan (or the Loan Amount where specified) plus, if the Loan Amount is to be used for purposes of clause (i), then (ii) the total amount of the Accordion if the Accordion is in place regardless of the amount of the Accordion which may have been advanced at such time.