Examples of Adjusted Debt Service Coverage Ratio in a sentence
Borrower shall maintain an Adjusted Debt Service Coverage Ratio of not less than 1.35 through [August 1, 2012], and thereafter, shall maintain an Adjusted Debt Service Coverage Ratio of not less than 1.45.
Turner did not require Plaintiffs and other applicants for the Landman position to have had training or experience with title searches prior to beginning to perform Landman duties.
Perhaps this is where the book exposes its Middle Eastern background after all.It is the end of the story that leaves one more than a little disturbed.
Once the phase‐in period concludes, the “Approaches Standard” target would be “Lease Adjusted Debt Service Coverage Ratio is between 1.0 and 1.10” and the “Below Standard” target would be “Lease Adjusted Debt Service Coverage Ratio is less than 1.0”.
The Adjusted Net Income metric meetsthis threshold in my opinion with the -5% revenue standard.However, the Lease Adjusted Debt Service Coverage Ratio contradicts the Adjusted Net Income measure by making sure that all charters that have no debt and have any net loss (even $1) will be classified as Below Standard.