Examples of Assumed Debt Service in a sentence
The ratio, expressed as a percentage, of Assumed Debt Service divided by that amount Outstanding under the Facility, including any Letter of Credit exposure.
The project description states that all amplified music will be required to shut off at 10pm, staff is requiring amplified noise to cease at 9pm.
The Borrower warrants and represents that all Conditions for Extension have been satisfied and that the ratio of EBITDA to Assumed Debt Service plus Capital Expenditures for Holdings as calculated for the twelve (12) month period ending on the preceding December 31, is ____ to 1.
Assumed Debt Service for any Balloon Maturity Bond for that calendar year.
The Borrower will not at any time permit the ratio of its Unencumbered Asset Adjusted Net Operating Income with respect to all Unencumbered Assets to Assumed Debt Service with respect to all unsecured Indebtedness of the Borrower, the Company and the other Guarantors to be (i) during the period from the Effective Date to June 30, 2001, less than 1.75 to 1.0 for any fiscal quarter, and (ii) thereafter, less than 2.0 to 1.0 for any fiscal quarter.