Examples of Debt Service Coverage Ratio in a sentence
The Loan Agreement contains financial covenants calculated on a consolidated basis requiring the Company to maintain a certain Debt Service Coverage Ratio and to not exceed a maximum Senior Cash Flow Leverage Ratio.
The condition/requirement of Debt Service Coverage Ratio as mentioned in Securities and Exchange Board of India (Debenture Trustee) Regulations, 1993 is not required to be mentioned in this Deed.
Debt Service Coverage Ratio (DSCR) — The ratio of cash available for debt servicing to interest, principal and lease payments.
The intermediary’s Debt Service Coverage Ratio (DSCR) must be greater than 1.25 for the fiscal year immediately prior to the year of application.
Architectural Grille has been profitable over the three-year historical period, as well as being highly liquid and solvent. The Company has the ability to repay a JDA loan and Bank of America loan with a projected Debt Service Coverage Ratio (DSCR) of 2.36. The Company meets JDA’s loan-to-value requirement of 90% with a loan-to- value of 90%. The personal guarantors have a combined net worth that exceeds the total amount of all project loans.