Examples of Required DSCR in a sentence
In addition, if within forty-five (45) days before the end of each calendar quarter the Trustor does not provide evidence of the achievement of a Debt Service Coverage Ratio of not less than 1.15 to 1 (the "REQUIRED DSCR") Trustor, at Beneficiary's request made at any time such Required DSCR is not maintained, shall terminate the Management Agreement and replace the Manager with Manager approved by Beneficiary.
The Borrower fails to maintain a Debt Service Coverage Ratio Premises of 1.50x based on the operation of the Premises in the aggregate (the "Required DSCR Premises").
The failure of the Debt Service Coverage Ratio to equal or exceed the Required DSCR as of any DSCR Determination Date.
If for any reason the Debt Service Coverage Ratio is less than the Required DSCR, then Borrower shall, within five ( 5) days after Alliance’s written demand, reduce the unpaid principal balance of the Note to increase the Debt Service Coverage Ratio to at or above the Required DSCR.
Clarke, “Eastern Europe's Troubled Arms Industries: Part I,” RFE/RL Research Report, vol.