DSCR. As of the date of the First Extension Request, the Project has achieved a Debt Service Coverage Ratio of not less than 1.15 to 1.0;
Appears in 1 contract
Sources: Construction Loan and Security Agreement (Bluerock Residential Growth REIT, Inc.)
DSCR. As The Project has achieved (as of the date of the First Second Extension Request, the Project has achieved ) a Debt Service Coverage Ratio of not less than 1.15 1.25 to 1.0;
Appears in 1 contract
Sources: Construction Loan and Security Agreement (Bluerock Residential Growth REIT, Inc.)