Loan Debt Service definition

Loan Debt Service means, for any month, the amount of interest or interest and principal, as may be applicable, required hereunder and the Notes for such month, and, for any year, the then aggregate payments of interest and principal required hereunder and the Notes for such year.
Loan Debt Service means payment of principal of, and interest on, the Loans.
Loan Debt Service means the product of the Market Constant and the outstanding Principal Indebtedness.

Examples of Loan Debt Service in a sentence

  • The investment earnings shall be credited to the Loan Debt Service Account and applied toward the Monthly Loan Deposit requirements.

  • The sixth Monthly Loan Deposit shall be at least equal to the amount required to make the total on deposit in the Loan Debt Service Account equal to the Semiannual Loan Payment amount, taking into consideration investment earnings credited to the account pursuant to Section 3.02.

  • Moneys on deposit in the Loan Debt Service Account shall be invested pursuant to the laws of the State of Florida.

  • The Coastal Energy Loan Debt Service Program is not maintained by a trustee.

  • The withdrawal of moneys from the Loan Debt Service Account shall be for the sole purpose of making the Semiannual Loan Payment or for discharging the Local Government’s obligations pursuant to Section 8.01.


More Definitions of Loan Debt Service

Loan Debt Service means, with respect to each Loan, the payments of interest and principal due on such Loan for a particular Bond Year as set forth in the related Loan Agreement.
Loan Debt Service means the sum of all interest payments as shall become due under the provisions of the Note (as hereinafter defined) and Loan Agreement.
Loan Debt Service as of any Determination Date for the full four ----------------- fiscal quarters immediately succeeding the Measurement Period End Date corresponding to such Determination Date (a) the Cash Flow Payments required to be made during such four fiscal quarter period (without giving effect to deferrals permitted pursuant to Section 2.4(a)) plus (b) interest to be paid ---- during such fiscal period, by the Company under the Loan Documents, assuming (i) that principal repayments required to be paid pursuant to Section 2.4(a)(i) are paid with respect to such Payment Dates occurring after the Determination Date; (ii) that the Eurodollar Rate for such period equals the Eurodollar Rate as of such Measurement Period End Date, giving effect to any Hedging Agreements in effect during the applicable period (or any portion thereof) in respect of the Loan, and if no such Hedge Agreements are in effect, the greater of (A) 7% and (B) the Eurodollar Rate in effect on the Measurement Period End Date and (iii) that the Applicable Margin is the Applicable Margin in effect on the Measurement Period End Date.
Loan Debt Service means Debt Service on the Loan. -----------------
Loan Debt Service means the sum of (i) the product of the Market Constant and the Principal Indebtedness plus (ii) the product of the Mezzanine Loan Market Constant and the Mezzanine Loan Principal Indebtedness.
Loan Debt Service means, at any date of calculation, the sum of (i) the product of the Market Constant at such date and the Principal Indebtedness at such date, plus (ii) the product of the Senior Mezzanine Loan Market Constant at such date and the Senior Mezzanine Loan Principal Indebtedness at such date, plus (iii) the product of the Junior Mezzanine Loan Market Constant at such date and the Junior Mezzanine Loan Principal Indebtedness at such date.
Loan Debt Service means, for any period, the Borrower's total interest expense on account of the Loan.