Debt Service Requirement definition

Debt Service Requirement means, as of any date of calculation with respect to the Bonds, the sum of (i) all interest due or to become due on such date on all Outstanding Bonds plus (ii) all Principal Installments due or to become due on such date on all Outstanding Bonds or, if no Principal Installment is due and payable on such date on any Outstanding Bonds, one- half of the Principal Installments, if any, due and payable on all Outstanding Bonds on the next succeeding Interest Payment Date.

Debt Service Requirement means for any period, the sum of interest expense (whether paid or accrued and including interest attributable to Capital Lease Obligations), scheduled principal payments on all Indebtedness, and capitalized lease expenditures, all due for such period, determined without duplication and accordance with GAAP.

Debt Service Requirement means the Annual Requirement component required to be paid by the WCID to GBRA during an Annual Payment Period and which relates to Debt Service Costs.

Examples of Debt Service Requirement in a sentence

• Interim Indebtedness may be deemed to be Indebtedness which, at the date of its original incurrence, would meet the conditions specified in the statement of the Consultant as required in Section 902; provided that the Consultant shall for each annual period that the Debt Service Requirement is computed, provide a supplemental statement that at such period, the certifications contained in the statement are reasonable.

• Each Balloon Payment shall be assumed to be paid according to its Balloon Debt Service Requirement.

• GBRA shall promptly render monthly bills to the WCID for any portion of the Debt Service Requirement that becomes due and payable during the monthly period pursuant to the terms of the applicable bond resolution.

• The annual installments shall be assumed to be due on the first day of each Fiscal Year, with the first installment due at least six months after the date on which the Estimated Debt Service Requirement is calculated.

• To provide that balloon obligations will be treated as if they were refinanced with long-term obligations for purposes of calculating the SLB Debt Service Requirement and making certain deposits to the SLB Fund.

More Definitions of Debt Service Requirement

Debt Service Requirement means for any Bond Year, the aggregate of

Debt Service Requirement means the total principal and interest coming due, whether at maturity or upon mandatory redemption (less any amount of interest that is capitalized and payable with the proceeds of debt on deposit with the Authority or the Trustee), in any specified period, provided:

Debt Service Requirement. Except as otherwise provided in the related Series Supplement, with respect to a particular Payment Date for a Series, the Available Funds.

Debt Service Requirement. The dollar amount of principal and/or interest due to the Bondholders on the next scheduled Payment Date.

Debt Service Requirement means the total principal and interest coming due on all Restricted Indebtedness, whether at maturity or upon mandatory redemption, in any specified period.

Debt Service Requirement means (a) the principal, interest and redemption requirements of Bonds issued in accordance with the provisions of Article III, (b) charges and expenses of paying agents and registrars utilized in connection with such bonds, and(c) all amounts required to establish and maintain funds established under the resolution(s) or indenture(s) of trust authorizing the issuance of the Bonds.

Debt Service Requirement means, for any period, the sum of all mandatory principal payments in respect of Debt required to be made by the Credit Parties on a consolidated basis during such period.