Examples of DSC Ratio in a sentence
Serviced Loan to MS Scheduled Balance Actual Balance Property Type (2) State Interest Rate Note Date Net Operating Income Net Operating Income Date DSC Ratio DSC Date Maturity Date WART There is no historical Specially Serviced Loan activity.
Debt Service Coverage (DSC) Ratio equals Earnings Before Interest, Depreciation, and Amortization divided by the sum of scheduled principal payments and interest paid (not including balloon payments).
Notwithstanding the foregoing, Borrower’s failure to maintain the DSC Ratio shall not constitute an Event of Default if, within 60 days after the reporting period of such failure, Borrower receives cash proceeds from the sale and issuance of its equity and/or Subordinated Debt securities in an amount no less than the shortfall amount that caused Borrower’s failure to maintain the DSC Ratio.
The calculation of the DSC Ratio shall be made by Florida Housing or the Servicer.
The calculation of the DSC Ratio shall be made by FHFC or the Servicer.