Debt Yield Test Sample Clauses

Debt Yield Test. For purposes of determining whether a Senior Mezzanine Debt Yield Trigger has occurred, and thereafter whether a Senior Mezzanine Debt Yield Cure has occurred, (A) Lender shall calculate Senior Mezzanine Debt Yield as of the last day of each calendar quarter (each, a “Debt Yield Test Date”) during the term of the Loan; and (B) Lender shall use the financial reports relating to such period provided by Borrower pursuant to Section 5.11. The first Debt Yield Test Date shall be June 30, 2012.