Total Debt Service Coverage Ratio definition

Total Debt Service Coverage Ratio means, for any Calculation Period, the ratio of Net Cash Flow for such Calculation Period to the sum of (a) Senior Debt Service for such Calculation Period and (b) TIFIA Debt Service for such Calculation Period.

Total Debt Service Coverage Ratio means the quotient of (x) EBITDA less all capital expenditures except that portion which is financed, less taxes paid during such period, divided by (y) the sum of all principal, interest and other payments made or required to be made by Borrower on indebtedness during such period, including any fees and charges owed by Borrower in connection with any such indebtedness.

Total Debt Service Coverage Ratio means, for any Calculation Period, the ratio of Pledged Revenues for such Calculation Period to the sum of (a) Senior Debt Service, for such Calculation Period; and (b) TIFIA Debt Service for such Calculation Period.

Examples of Total Debt Service Coverage Ratio in a sentence

Reseller will at all times maintain a minimum Total Debt Service Coverage Ratio of 1.25 to 1.00.
Permit the Total Debt Service Coverage Ratio to be less than 1.10:1.00, as of the end of each fiscal quarter of Borrower on a trailing twelve-month basis.
Permit the Total Debt Service Coverage Ratio to be less than 1.10:1.00, as of the end of each fiscal quarter of Borrower, determined for the Measurement Period applicable to such fiscal quarter as set forth in the definition of Measurement Period.
The Schedule to Loan and Security Agreement is hereby amended so that the Total Debt Service Coverage Ratio of 0.50 to 1.0 set forth on Page S-6 thereto shall apply through the 4th quarter 1997 and the Total Debt Service Coverage Ratio of 1.00 to 1.00 set forth on Page S-6 thereto shall apply to 1st Quarter 1998 and at all times thereafter.
Upon receipt and approval by Coast of an appraisal of the Real Property from an appraiser acceptable to Coast (and review of any environmental matters) and provided no Event of Default has occurred and is continuing and provided Borrower then has a Total Debt Service Coverage Ratio of not less than 1.1:1, up to 65% of the appraised value of the Real Property may be converted from the Bridge Loan to a Real Estate Loan repayable over a 240 month amortization.

Total Debt Service Coverage Ratio means the ratio of (i) Operating Cash Flow of Borrower and its Subsidiaries for the twelve-month period ending on the last day of any quarter to (ii) Total Debt Service of Borrower and its Subsidiaries for such twelve-month period.

Total Debt Service Coverage Ratio means, for any applicable period, the ratio produced (in decimal form) by dividing (i) all Facility revenues less Facility operating expenses (before depreciation, amortization, and interest expense on Facility Debt or the Excess Financing Amount or income taxes), during such period as detennined in accordance with generally accepted accounting principles consistently applied, by (ii) the Total Debt Service accruing during such applicable period.

Total Debt Service Coverage Ratio means, as of each Calculation Date, the ratio of

Total Debt Service Coverage Ratio means, as to the Companies for any period, (a) the sum of EBITDA for such period, minus the aggregate amount of capital expenditures made during such period, divided by (b) the sum of all principal and interest payments payable during such period in respect of all Debt of the Companies (without deduction for any minority interests), all as determined on a rolling four (4) quarter and consolidated basis in accordance with GAAP.

Total Debt Service Coverage Ratio or “Total DSCR” has the meaning specified in the Collateral Agency Agreement as in effect on the Closing Date.

Total Debt Service Coverage Ratio means, for any period, the ratio of EBITDA to interest expense and scheduled principal payments payable during such period in respect of the FNBO Loan, any Additional Secured Indebtedness and any amounts owing under this Bond Lease existing at the time the calculation is made.

Total Debt Service Coverage Ratio means for any period, the ratio of (i) Cash Available for Debt Service for such period to (ii) the amount of Total Debt Service due and payable for such period.