Cashflow Coverage Amount definition
Cashflow Coverage Amount. As defined in Section 2.11(b). “Class A Notes”: With respect to any Series, any Class of Notes that is designated as a Class of “Class A Notes” in the applicable Series Supplement (regardless of any numerical designation). “Class B Deferred Interest”: If applicable to the Class B Notes of a Series, as defined in the applicable Series Supplement. “Class B Notes”: With respect to any Series, any Class of Notes that is designated as a Class of “Class B Notes” in the applicable Series Supplement (regardless of any numerical designation). “Closing Date Period”: Any period commencing on the most recent Series Closing Date until (and excluding) the next occurring Series Closing Date. “Collateral Agency Agreement”: The Second Amended, Restated and Consolidated Collateral Agency Agreement, dated as of May 20, 2014, among the Collateral Agent, the Issuers, each Joining Party Issuer (as defined in the Collateral Agency Agreement), each Joining Party Lender (as defined in the Collateral Agency Agreement), Spirit Realty and Spirit SPE Warehouse Funding, LLC, as amended, supplemented or modified from time to time and any other collateral agency agreement as set forth in a Series Supplement. “Custody Agreement”: The Second Amended and Restated Custody Agreement, dated as of May 20, 2014, among the Issuers, the Trustee, the Custodian and any joining party issuers, each as a co-issuer, as the same may be amended, supplemented or modified from time to time. “Distribution”: The Business Sector comprised of Process, Physical Distribution, and Logistics Consulting Services (NAICS 541614). “Early Amortization Event”: An Early Amortization Event will occur (A) as of any Determination Date, if the Average Cashflow Coverage Ratio for such Determination Date is less than the Early Amortization Threshold; provided that, following the occurrence of any such Early Amortization Event, if, as of any date of determination, the Cashflow Coverage Ratio as of the three most recent Determination Dates (including any Determination Date occurring on such date of determination) exceeded the Early Amortization Threshold as of such date of determination, then such Early Amortization Event will be deemed to be cured for all purposes and no longer continuing as of such date of determination; (B) if an Event of Default shall have occurred and shall not have been cured or waived in accordance with this Indenture; (C) if the Issuers do not repay the Class Principal Balance of any Class of Notes in ful...
Cashflow Coverage Amount. As defined in Section 2.11(b).