Total Debt Service definition

Total Debt Service means the sum of (i) scheduled or other required payments of principal on Indebtedness, and (ii) Interest Expense, in each case for such period.

Total Debt Service means, as of the last day of each calendar ------------------ quarter, an amount equal to the sum of (i) all interest (whether accrued, paid or capitalized) actually payable by Borrower and/or the Guarantor on their respective Debt for the previous four (4) consecutive quarters, including the quarter then ended, plus (ii) scheduled payments of principal on such Debt, ---- whether or not paid by the Borrower and/or the Guarantor (excluding balloon or similar payments) for the previous four (4) consecutive quarters, including the quarter then ended.

Total Debt Service means, in relation to the Borrowers and their respective Subsidiaries on a Consolidated basis for any period, all interest expense which has accrued in accordance with GAAP (whether actually paid or not), for such period, and all payments of principal scheduled to be paid during such period, on all obligations for borrowed money, capitalized leases or similar types of obligations, except for the principal amounts outstanding under the Revolving Loans.

Examples of Total Debt Service in a sentence

• Updated information of the type set forth in “TABLE 6—Los Angeles County Metropolitan Transportation Authority, Combined Proposition C Debt Service Schedule Senior Bonds” of the Official Statement, but only the information in the column entitled “Total Debt Service” and the information under the column entitled “Combined Total Debt Service Senior Bonds” and only to the extent the information in these columns has changed.

• Original Scheduled Principal and Interest is greater than Total Debt Service ........................Proxy DSCR.12.

• Two of the primary practices are calculating your GDS (Gross Debt Service) and TDS (Total Debt Service) ratios.

• Debt coverage is defined as Total Revenues divided by Total Debt Service.

• Employment History – to determine the reliability and stability of income and employer• Applicant(s) with a Gross Debt Service (GDS) ratio of more than 32 per cent and/or a Total Debt Service (TDS) ratio of more than 40 per cent are not eligible for the program, unless approved by the Corporate Executive Committee.

More Definitions of Total Debt Service

Total Debt Service means, for any period, the sum of: (i) Total Interest Expense, and (ii) the aggregate amount of all scheduled principal payments on all Debt, including the portion of any payment under Capital Leases that is allocable to principal.

Total Debt Service in respect of any Test Period, interest expense plus scheduled principal debt amortization for Kimco and the Consolidated Entities on the aggregate principal amount of their respective Indebtedness (provided that (a) there shall be excluded optional prepayments and balloon payments due at maturity, and (b) in the case of any Indebtedness that amortizes in annual installments, there shall be included in the aggregate 50% of the amount of such annual installments payable during such Test Period and 50% of the amount of such annual installments payable during the two immediately succeeding fiscal quarters), plus preferred stock dividends paid during such Test Period.

Total Debt Service means, with respect to any particular period of time, scheduled payments of principal, if any, and interest under the Building Loan, the Project Loan and, if applicable, the Subordinate Financing.

Total Debt Service means, for a Payment Date, an amount equal to the sum of (i) the Note Interest with respect to the Class A Notes plus the Note Interest with respect to the Class B Notes (in all cases, assuming a Non-Sequential Interest Amortization Period for such Payment Date), and (ii) the aggregate Scheduled Note Principal Payment for the Class A Notes and the Class B Notes, in each case for such Payment Date.

Total Debt Service. As defined in the Indenture.

Total Debt Service means on any date of determination for Borrower and its Subsidiaries on a consolidated basis, the sum of Total Cash Interest Expense for the 12-month period completed on the day before the date of determination plus required scheduled principal payments on Total Debt for the 12-month period completed on the day before the date of determination.

Total Debt Service means the aggregate of: