Closing Date DSCR definition

Closing Date DSCR means 3.01x.
Closing Date DSCR means 1.67:1.00.
Closing Date DSCR means 1.20 to 1.00.

Examples of Closing Date DSCR in a sentence

  • Lender shall have determined that the DSCR is equal to or greater than the Closing Date DSCR.


More Definitions of Closing Date DSCR

Closing Date DSCR means the Debt Service Coverage Ratio on the date hereof which is equal to 2.89:1.
Closing Date DSCR means 1.34:1.00.
Closing Date DSCR means [ ].
Closing Date DSCR means 2.34x.
Closing Date DSCR means 4.09x. “Closing Date NOI” means, as of the date of any determination thereof, (x) $72,635,511, less (y) the sum of the Individual Property Closing Date NOI’s of each Property that has theretofore been released from the Lien of the Mortgages pursuant to the terms hereof. “Code” means the Internal Revenue Code of 1986, as amended, and as it may be further amended from time to time, any successor statutes thereto, and applicable U.S. Department of Treasury regulations issued pursuant thereto in temporary or final form. “Collateral” means all assets owned from time to time by Borrower including the Properties, the Revenues and all other tangible and intangible property in respect of which Lender is granted a Lien under the Loan Documents, and all proceeds thereof. “Collateral Account” means each of the accounts and sub-accounts established pursuant to Article III hereof. “Componentization Notice” has the meaning set forth in Section 1.1(c). 4
Closing Date DSCR means 4.09x.
Closing Date DSCR means 1.82 : 1.0.