Debt Yield means, as of any date of determination, a fraction expressed as a percentage in which:
Debt Yield as of any date of determination, the percentage obtained by dividing:
Debt Yield shall have the meaning set forth in the Mortgage Loan Agreement.
Examples of Debt Yield in a sentence
WA Cut-Off LTV: 58.1% WA UW NOI Debt Yield: 11.6% 10 Largest Loans as % IPB: 54.6% WA Rem.
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 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 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. 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 (a) Net Operating Income, divided by (b) the outstanding principal balance of the Loan as of the Determination Date.
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 a ratio in which:
Debt Yield means, at any time of determination, Net Cash Flow for the trailing twelve (12) month period divided by the then outstanding principal balance of the Loan and the Allocable Portion of the Mezzanine Loan.