Debt Yield Ratio definition

Debt Yield Ratio means, with respect to any Eligible Property or Properties directly or indirectly securing a New Asset, the quotient (expressed as a percentage) of (i) net operating income for the trailing 12-month period for the most recently ended fiscal quarter, divided by (ii) the total amount of indebtedness secured directly or indirectly by such Eligible Property or Properties that are senior to or pari passu with such New Asset.

Debt Yield Ratio means the ratio (expressed as a percentage) of Net Operating Income (measured for the trailing six (6) months and on an annualized basis) to the average outstanding balance of the Loans at the time of determination.

Debt Yield Ratio means a ratio, as reasonably determined by Administrative Agent for the applicable period, in which:

Examples of Debt Yield Ratio in a sentence

• The centreline of the trench shall be 1000mm away from the stand boundary.

• The Board of Directors is at present considering these alternative scenarios, the details of which are still subject to negotiation.In line with previous expectations and as a result of recent asset sales the Group is now in Default in relation to its Projected Interest Cover and Projected Debt Yield Ratio covenants.

• The lender's Debt Yield Ratio is$100,000 x100% = 10%$1 million These are some of the benchmarks lenders will apply when reviewing loan applications.

• Additionally the swimmers are taught how competitive swim meets are run so that they know what to expect when they enter their first meets.Attendance: We encourage attending at least two (2) times per week if it fits your family schedule (45 minutes per day) DevelopmentalMinimum Expectation: Complete 50 yards of freestyle and backstroke.

• The Company informed ABN Amro Bank NV immediately after this violation had been established about the granting of the Adjusted Debt Yield Ratio to ING Belgium NV and undertook to grant the changes to the credit agreement with ABN Amro Bank NV desired by ABN Amro Bank NV.

More Definitions of Debt Yield Ratio

Debt Yield Ratio. At any time, the percentage equivalent of a fraction, determined as of the last day of the most recently ended Measurement Quarter, the numerator of which is equal to the Annualized Net Cash Flow (excluding income and expense attributable to Non-Leased Properties during the Exclusion Period) for such Measurement Quarter and the denominator of which is equal to the Advances Outstanding as of such last day of such Measurement Quarter (excluding the Allocated Loan Amounts for Non-Leased Properties during the Exclusion Period).

Debt Yield Ratio has the meaning given in Section 6.1(a).

Debt Yield Ratio means, with respect to any Eligible Property or Properties directly or indirectly securing a New Asset, the quotient (expressed as a percentage) of (i) net operating income for the trailing 12-month period for the most recently ended fiscal quarter, divided by (ii) the total amount of indebtedness secured directly or indirectly by such Eligible Property or Properties that are senior to or pari passu with such New Asset. “Default” shall mean any event that, with the giving of notice, the passage of time, or both, would constitute an Event of Default. “Defaulted Asset” shall mean any Purchased Asset as to which (i) there is a breach beyond any applicable notice and cure period of a representation or warranty by Seller under Exhibit III attached hereto (without regard to any knowledge qualifier therein), except to the extent disclosed in Exception Report approved in writing by Buyer, (ii) a monetary default has occurred and is continuing beyond ten (10) Business Days or more (or, in the case of maturity, one (1) day) of any applicable notice and cure period under the related Purchased Asset Documents in the payment when due of any scheduled payment of interest or principal or any other amounts due under the Purchased Asset Documents, (iii) a non-monetary default has occurred and is continuing beyond thirty (30) days or more of any applicable notice and cure period under the related Purchased Asset Documents, (iv) to the extent that the related

Debt Yield Ratio means, as of any date of determination, the ratio, expressed as a percentage, of (a) the MCASH NOI on a trailing four (4) fiscal quarter basis as of the last day of the most recently completed fiscal quarter for which financial statements are required to be delivered pursuant to Section 9.1 or Section 9.2, as applicable, to (b) the Aggregate Outstanding Balance as of such date.

Debt Yield Ratio means, for a particular period, the ratio of (a) the Net Operating Income of the Property during such period to (b) the Outstanding Principal Balance of the Loan on the last day of such period (or such other date as may be expressly specified in this Note).

Debt Yield Ratio. At any time, the percentage equivalent of a fraction, determined as of the last day of the most recently ended Measurement Quarter, the numerator of which is equal to the Annualized Net Cash Flow (excluding income and expense attributable to Non-Leased Properties and Vacant Properties during their respective Exclusion Periods) for such Measurement Quarter and the denominator of which is equal to the Advances Outstanding as of such last day of such Measurement Quarter (excluding the Allocated Loan Amounts for Non-Leased Properties and Vacant Properties during their respective Exclusion Periods).

Debt Yield Ratio means, at any time of determination, Net Cash Flow for the trailing 12-month period divided by the then outstanding Loan Amount.