Examples of Debt Service Constant in a sentence
The amount which is the lesser of (a) the Maximum Commitment Amount, or (b) sixty-five percent (65%) of the sum of the Borrowing Base Asset Value of the Borrowing Base Properties or (c) the amount determined by dividing Underwriteable Cash Flow by 1.75 and further dividing such amount by the Assumed Debt Service Constant.
EBITDA for the Unencumbered Asset Pool calculated as at the end of the fiscal quarter ending on or most recently ended prior to such date to (b) an amount equal to interest-only debt service (applying the Debt Service Constant) on Total Unsecured Indebtedness for the most recent fiscal quarter ending on or most recently ended prior to such date, in each case attributable to Qualified Assets.
The amount which is the lesser of (a) fifty-five percent (55%) of Borrowing Base Asset Value, or (b) the Underwriteable Cash Flow generated by the Borrowing Base Assets divided by two (2.00), and then further divided by the Assumed Debt Service Constant.