Maximum Debt Service Requirement means, as of any particular date of calculation, the maximum Debt Service payable on the Bonds during any present or future Bond Year.

Maximum Debt Service Requirement means, as of any particular date of calculation, the highest Debt Service Requirement for any remaining Bond Year, except that with respect to any Bonds for which Sinking Fund Installments have been established, the amount of principal coming due on the final maturity date with respect to such Bonds shall be reduced by the aggregate principal amount, or Compounded Amounts as the case may be, of such Bonds that are to be redeemed from Sinking Fund Installments to be made in prior Bond Years.

Maximum Debt Service Requirement means, as of any particular date of calculation, the largest Debt Service Requirement for any remaining Bond Year, except that with respect to any Bonds for which Amortization Installments have been established, the amount of principal scheduled to come due on the final maturity date with respect to such Bonds shall be reduced by the aggregate principal amount of such Bonds that are to be redeemed or paid from Amortization Installments to be made in prior Bond Years.

Examples of Maximum Debt Service Requirement in a sentence

This Maximum Debt Service Requirement on the Series 1996 Bonds occurs in Fiscal Year 2036.
This Maximum Debt Service Requirement on the Series 1996 Bonds occurs in Fiscal Year 2036 $473,818,961.70Miami-Dade County, Florida Special Obligation Series 1996Band Subordinate Special Obligation Series 1997A, 1997B and 1997CCombined Debt Service Schedule (1) The Special Obligation Bonds and the Subordinate Special Obligation Bonds were issued using CABS.
In those intersections of race, gender, sexual fluidity and artistic profession, I exist in the margins.
Upon the issuance of the initial Series of Bonds, the Port shall deposit into the CFC Rolling Coverage Account an amount equal to twenty-five percent (25%) of the Maximum Debt Service Requirement on Senior Bonds from any lawful source of funds.
In computing Maximum Debt Service Requirement, the interest rate on outstanding Variable Rate Bonds, and on additional parity Variable Rate Bonds then proposed to be issued, shall be calculated as provided in the definition of Debt Service Requirement.

More Definitions of Maximum Debt Service Requirement

Maximum Debt Service Requirement means the highest Debt Service Requirement for the present and any succeeding Fiscal Year.

Maximum Debt Service Requirement means, as of

Maximum Debt Service Requirement means, as of any particular date of calculation and with respect to any period, the amount of principal of and interest on the Debt coming due in the then current or any future period in which such sum is the greatest. For purposes of determining debt service as described above, the interest rate on variable rate Debt shall be deemed to be 120% (140% for taxable variable rate Debt) of the average of the SIFMA Index over a two year period of time ending on the date immediately prior to the sale of the obligation to be issued pursuant to Section 10(G) hereof. For purposes of calculating the Maximum Debt Service Requirement, indebtedness that has 25% or more of its aggregate principal coming due in any one year shall be assumed to amortize in up to 20 years on a level debt service basis, calculated from the date of issuance of such indebtedness. In the event that the County is required to fund a reserve fund, the funding of such reserve fund shall be included in the calculation of debt service.

Maximum Debt Service Requirement means, as of any particular date of calculation, the Debt Service Requirement for any future Bond Year which is greatest in dollar amount with respect to all Outstanding Bonds and Outstanding Additional Secured Indebtedness, as applicable.

Maximum Debt Service Requirement means, as of any particular date of calculation, the Debt Service Requirement for the then current or any future Fiscal Year which is largest in dollar amount.

Maximum Debt Service Requirement means, as of any particular date of calculation, the greatest annual Debt Service Requirement for the Series 2004 Bonds for the then current or any future Fiscal Year.

Maximum Debt Service Requirement means, as of the date of calculation, an amount equal to the greatest Debt Service Requirement for the current or any future Fiscal Year.