0x DSC Performance Threshold Clause Samples

0x DSC Performance Threshold. Borrower covenants and agrees that on the date which is eighteen months after the date of this Agreement, the NOI for the Property will not be less than the 1.0xDSC Performance Threshold, to be verified by Administrative Agent’s NOI Confirmation Letter after receipt of Borrower’s NOI Affidavit, annualized based on the immediately preceding twelve calendar months.