Debt Yield Determination Date definition

Debt Yield Determination Date means the date of ▇▇▇▇▇▇▇▇’s delivery to Lender of the quarterly financial reporting set forth in Section 5.1.11(e) hereof (or if Borrower shall fail to deliver to Lender such financial reporting set forth in Section 5.1.11(e) hereof by the deadlines set forth in Section 5.1.11(e) hereof, such date as selected by Lender to reflect such period as would have been covered in the quarterly financial reporting set forth in Section 5.1.11(e) if the same was delivered by the deadlines set forth in Section 5.1.11(e) hereof).

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Debt Yield Determination Date means the last day of each calendar quarter during the term of the Loan.

Debt Yield Determination Date means the date of Borrower’s delivery to Administrative Agent of the quarterly financial reporting set forth in Section 5.1.11(e) hereof (or if Borrower shall fail to deliver to Administrative Agent such financial reporting set forth in Section 5.1.11(e) hereof by the deadlines set forth in Section 5.1.11(e) hereof, such date as selected by Administrative Agent to reflect such period as would have been covered in the quarterly financial reporting set forth in Section 5.1.11(e) if the same was delivered by the deadlines set forth in Section 5.1.11(e) hereof).

Examples of Debt Yield Determination Date in a sentence

The Debt Yield Deficiency (if any) shall be calculated on a quarterly basis on each Debt Yield Determination Date and on such other date as may be requested by Borrower.
For the purpose of calculating the Debt Yield for this Section 2.6.1 only, (A) Borrower may elect to deliver a Letter of Credit to Lender as additional collateral for the Loan to be counted against the Outstanding Loan Amount on a dollar for dollar basis in the calculation of the Debt Yield and (B) if the release is scheduled to occur before the first Debt Yield Determination Date occurring hereunder, the Debt Yield shall be deemed to equal the Closing Date Debt Yield.
For the purpose of calculating the Debt Yield for this Section 2.6.1 only, (A) Borrower may elect to deliver a Letter of Credit to Administrative Agent as additional collateral for the Loan to be counted against the Outstanding Loan Amount on a dollar for dollar basis in the calculation of the Debt Yield and (B) if the release is scheduled to occur before the first Debt Yield Determination Date occurring hereunder, the Debt Yield shall be deemed to equal the Closing Date Debt Yield.
For the purpose of calculating the Debt Yield for this Section 2.6.1 only, (A) Borrower may elect to deliver a Letter of Credit to ▇▇▇▇▇▇ as additional collateral for the Loan to be counted against the Outstanding Loan Amount on a dollar for dollar basis in the calculation of the Debt Yield and (B) if the release is scheduled to occur before the first Debt Yield Determination Date occurring hereunder, the Debt Yield shall be deemed to equal the Closing Date Debt Yield.

More Definitions of Debt Yield Determination Date

Debt Yield Determination Date. Each Remittance Date commencing with the first Remittance Date following the six (6) month anniversary of the Closing Date.