EBITDA DSCR definition
EBITDA DSCR for any Relevant Period means the ratio of (i) EBITDA for the Relevant Period to (ii) Debt Service for the period of 12 months ending on the Loan Payment Date immediately preceding the end of such Relevant Period.
Examples of EBITDA DSCR in a sentence
The Obligors will ensure that the EBITDA DSCR, calculated as at each Quarter End Date as from the 30 September 2014, shall not be less than 1.5:1.