Projected Fixed DSCR means, unless otherwise provided in this Indenture (a) for purposes of Section 4.06 during the Calculation Period; and (b) for all other purposes, during the applicable period beginning no earlier than (i) the first Indenture Payment Date to occur after the last guaranteed substantial completion date (as defined in the applicable engineering, procurement and construction contract) with respect to any Trains then in construction, or (ii) if the Date of First Commercial Delivery has occurred with respect to all Trains, the first Indenture Payment Date to occur after the incurrence of Indebtedness, entering into of a Sharing Arrangement, commencement of an LNG SPA Mandatory Offer, or consummation of a merger, consolidation, conversion, continuance or sale, assignment, transfer, lease, conveyance or other disposition of assets, as applicable, the ratio of:
Projected Fixed DSCR means, (a) for purposes of Section 20 (Restricted Payments) of Schedule 8.04 (
Projected Fixed DSCR means, (a) for purposes of Section 20 (Restricted Payments) of Schedule 8.04 (Covenants Applicable after the Term Loan Discharge Date) hereof during the Calculation Period; and (b) for all other purposes, during the applicable period beginning no earlier than (i) the first June 30 or December 31 to occur after the last guaranteed substantial completion date (as defined in the applicable engineering, procurement and construction contract) with respect to any Trains then in construction, or (ii) if the Date of First Commercial Delivery has occurred with respect to all Trains, the first June 30 or December 31 to occur after the incurrence of Indebtedness, entering into of a Sharing Arrangement, or consummation of a merger, consolidation, conversion, continuance or sale, assignment, transfer, lease, conveyance or other disposition of assets, as applicable, the ratio of: