Other Debt Service definition
Examples of Other Debt Service in a sentence
Permit the Other Debt Service Coverage Ratio, as of the end of any fiscal quarter of the Consolidated Group or any other date for which a pro forma Compliance Certificate is required to be delivered pursuant to the terms hereof, to be equal to or less than 1.75x.
Funds credited to the General Fund may be used at the discretion of AUTHORITY for any lawful purpose related to the Airport, including, but not limited to, the payment of Other Debt Service.
Permit the Other Debt Service Coverage Ratio, as of the end of any fiscal quarter of the Consolidated Group (and any other date for which a pro forma Compliance Certificate is required to be delivered pursuant to the terms hereof) to be equal to or less than 1.75 to 1.0.
Said rates shall be based upon AUTHORITY budgeted Revenues, O&M Expenses, Debt Service, Debt Service Coverage, Other Debt Service, Amortization Requirements, and Capital Expenditures less than $300,000, and required reserves, determined and presented to AIRLINE substantially in conformance with the methods and format set forth in Exhibit E.
Throughout the Term of this Agreement, AIRLINE shall pay Extraordinary Service Charges, if applicable, for such extraordinary additional equipment and services provided by AUTHORITY for AIRLINE’s use (e.g., club room finishes, or any other systems or equipment that are unique or special to AIRLINE’s operations) and shall be based on the Debt Service, Debt Service Coverage, Other Debt Service, Amortization Requirements, and O&M Expenses incurred by AUTHORITY therefor.