DSCR Aggregate Interest Amount definition
DSCR Aggregate Interest Amount means, with respect to any Payment Date, the sum of (a) the Interest Amount on the ACS Group Loans for such Payment Date plus the net amounts payable (or minus the net amounts receivable) by the Borrower and the Guarantor under any Hedge Agreement on such Payment Date (whether or not actually paid or received on such Payment Date) and (b) (without duplication) the aggregate Interest Amount on the ACS Group Loans for the previous five Payment Dates plus the net amounts payable (or minus the net amounts receivable) by the Borrower and the Guarantor under any Hedge Agreement on the related Payment Date (whether or not actually paid or received on such Payment Date).
DSCR Aggregate Interest Amount means, with respect to any Payment Date, the sum of (a) the Interest Amount on the ACS Group Class A Securities for such Payment Date plus the net amounts payable (or minus the net amounts receivable) under any Hedge Agreement on such Payment Date (whether or not actually paid or received on such Payment Date) and (b) (without duplication) the aggregate Interest Amount on the ACS Group Class A Securities for the previous five Payment Dates plus the net amounts payable (or minus the net amounts receivable) under any Hedge Agreement on the related Payment Date (whether or not actually paid or received on such Payment Date).
DSCR Aggregate Interest Amount means, as of any Calculation Date, the sum of (a) the Interest Amount on the Series A Notes and the Series B Notes for the related Payment Date plus (b) (without duplication) the aggregate Interest Amount on the Series A Notes and the Series B Notes for the previous five Payment Dates; provided that, if an Asset Disposition has occurred with respect to any Asset during such six-month period, the Interest Amount attributable to such Asset as of each such Payment Date shall be disregarded for the purposes of the calculation of Interest Amount for such period.
More Definitions of DSCR Aggregate Interest Amount
DSCR Aggregate Interest Amount means, with respect to the 35th Payment Date and any Payment Date thereafter, the sum of (a) the Interest Amount on the Notes for such Payment Date plus the net amounts payable (or minus the net amounts receivable) under any Hedge Agreement on such Payment Date (whether or not actually paid or received on such Payment Date) and (b) (without duplication) the aggregate Interest Amount on the Notes for the previous five Payment Dates plus the net amounts payable (or minus the net amounts receivable) under any Hedge Agreement on the related Payment Date (whether or not actually paid or received on such Payment Date).
DSCR Aggregate Interest Amount means, as of any Payment Date, an amount equal to the aggregate amount of interest due on the Loans for such Payment Date and the previous two Payment Dates. “DSCR Available Cash” means, as of any Payment Date, an amount, if positive, equal to the sum without duplication and solely to the extent such amounts do not constitute Segregated Funds, of (a) the aggregate Rental Payments, Usage Fees, Loan Asset Payments, End of Lease Payments and Hedging Receipts actually received by any Borrower Group Company, in each case during the Collection Period related to such Payment Date and the two Collection Periods immediately prior thereof, plus (b) the aggregate Security Deposits actually received by any - 18 - Borrower Group Company during the Collection Period related to such Payment Date and the two Collection Periods immediately prior thereof in excess of the Security Deposit Required Amount and (without duplication) the aggregate amounts transferred from the Security Deposit Reserve Account to the Collections Account pursuant to section 6.06(e) of the Security Agreement for such Payment Date and the previous two Payment Dates, plus (c) the aggregate amounts transferred from the Liquidity Account to the Collections Account pursuant to section 6.07 of the Security Agreement for such Payment Date and the previous two Payment Dates minus (d) the amount applied pursuant to sections 8.01(a)(i) and (ii) of the Security Agreement on such Payment Date. “DSCR Cash Trap Event” means, with respect to any Payment Date occurring on or after the DSCR Commencement Date, the DSCR is less than 1.20:1 for such Payment Date or either of the two immediately prior Payment Date (to the extent such prior Payment Dates occurred on or after the DSCR Commencement Date). “DSCR Commencement Date” means the first Payment Date to occur after the first Asset financed pursuant to this Agreement has been an Asset for three complete Collection Periods. “DSCR Required Debt Service” means, as of any Payment Date, an amount equal to the sum of (i) the DSCR Aggregate Interest Amount for such Payment Date, (ii) the DSCR Required Principal Amount for such Payment Date and (iii) the DSCR Required Hedging Obligations for such Payment Date. “DSCR Required Hedging Obligations” means, as of any Payment Date, an amount equal to the Senior Hedging Payments on all Loans for such Payment Date and the previous two Payment Dates. “DSCR Required Principal Amount” means, as of any Payment Date, an amount equal to ...
DSCR Aggregate Interest Amount means, as of any Determination Date, the sum of (a) the Interest Amount on the Notes for the next succeeding Payment Date and (b) (without duplication) the aggregate Interest Amount on the Notes for the previous five Payment Dates; provided that if an Aircraft Disposition has occurred with respect to any Aircraft during such six-month period, the Applicable Percentage of such Interest Amount attributable to such Aircraft as of each such Payment Date shall be disregarded for the purposes of the calculation of DSCR Aggregate Interest Amount for such period.