DSCR Period definition

DSCR Period means, (i) with respect to Component E1, a Component D DSCR Period, (ii) with respect to Component E2, a Component E1 DSCR Period and (iii) with respect to whether a Trigger Period has occurred and is continuing, a Low DSCR Period.
Sample 1Sample 2Sample 3
DSCR Period means (y) for the fiscal periods ended 9/30/20 and 12/31/20, the fiscal quarter then ended; and (z) for all other fiscal periods, the trailing four quarter period then ended. Fiscal Quarter End Minimum DSCR Closing – 12/31/17 1.5 to 1.0 3/31/18 – 6/30/20 waived 9/30/20 1.5 to 1.0 12/31/20 – 3/31/21 waived 6/30/21 – 12/31/21 1.5 to 1.0 3/31/22 .90 to 1.0 6/30/22 .95 to 1.0 9/30/22 and thereafter 1.5 to 1.0”
Sample 1
DSCR Period means any period during which the Debt Service Coverage Ratio has declined below 1.75:1.00 as demonstrated by the Compliance Certificate delivered together with financial statements pursuant to Section 5.1(e), subject to review and approval by Lxxxxx. A DSCR Period shall end (i) upon the Debt Service Coverage Ratio being greater than or equal to
Sample 1Sample 2

Examples of DSCR Period in a sentence

  • If and when a DSCR Period ends, provided no Event of Default shall then exist, Lender shall promptly release the funds on deposit in the Blocked Account to Borrower.


More Definitions of DSCR Period

DSCR Period means each of the following:
Sample 1
DSCR Period has the meaning provided in Section 2.12(i)(i) -----------
Sample 1
DSCR Period means (i) for purposes of Section 2.02 hereof, a period of the twelve consecutive calendar months immediately preceding the last day of the applicable fiscal period of the Borrower and (ii) for purpose of Section 6.06 hereof and the OP Guarantee, a period of the six consecutive calendar months immediately preceding the last day of the applicable fiscal period of the Borrower.
Sample 1

Related to DSCR Period

  • Trigger Period means the 60-day period commencing on the earlier of (i) the occurrence of a Change of Control or (ii) the first public announcement of the occurrence of a Change of Control or the Company’s intention to effect a Change of Control (which Trigger Period will be extended so long as the ratings of the Notes are under publicly announced consideration for possible downgrade by any two of the three Rating Agencies); provided that the Trigger Period will terminate with respect to each Rating Agency when such Rating Agency takes action (including affirming its existing ratings) with respect to such Change of Control.

  • Cover Period means the period from the cover start date to the cover end date.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7 a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Cash Sweep Period means each period commencing on the occurrence of a Cash Sweep Event and continuing until the earlier of (a) the Payment Date next occurring following the related Cash Sweep Event Cure, or (b) until payment in full of all principal and interest on the Loan and all other amounts payable under the Loan Documents.

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Event Period shall have the meaning assigned to such term in Section 7.2 hereof.

  • Four Quarter Period means a period of four full consecutive fiscal quarters of the Borrower and its Subsidiaries, taken together as one accounting period.

  • Period shall have the meaning ascribed to it in Schedule 8;

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • PAGA Period means the period from November 12, 2020 to March 7, 2023.