SDCR definition

SDCR means the semi-annual debt coverage ratio determined in accordance with the relevant algorithms contained in the Financial Model;
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SDCR has the meaning set out in Clause 6.1.
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Examples of SDCR in a sentence

  • Borrowers represent and warrant that i3-SDCR has completed the acquisition of all of the outstanding common stock of SDCR (the "SDCR Acquisition") pursuant to and in accordance with that certain Stock Purchase Agreement (the "SDCR Acquisition Agreement") dated as of October 31, 2017, by and among i3-SDCR, Ality ▇.

  • In furtherance of the foregoing, i3-SDCR and SDCR each agree to execute and/or deliver to Collateral Agent such additional loan documents, security instruments, UCC financing statements, and other documents, instruments, certificates or agreements as Collateral Agent may reasonably request to give effect to this joinder of i3-SDCR and SDCR.

  • Without limiting the foregoing, i3-SDCR and SDCR agree that they shall be jointly and severally liable with Existing Borrowers, each other, and any other Borrower for all liabilities and obligations of each such Borrower to Collateral Agent and Lenders irrespective of when such liabilities or obligations first arose under the Loan Agreement or the other Loan Documents.

  • Lenders agree that i3 may issue up to 200,000 Common Units of i3 and 200,000 Class P Units of i3 pursuant to the SDCR Acquisition Agreement without making any adjustment to the Warrants pursuant to Section 8 thereof.

  • The Borrower shall have delivered to the Administrative Agent (for delivery to each Senior Lender) and the PRI Insurers, the EAP and the On Common Ground Report (including the SDCR Report), each prepared to the reasonable satisfaction of the Senior Lenders.

  • Grant and Cooperative Agreement CHOOSE ONE: COOPERATIVE AGREEMENT X GRANT CHOOSE ONE: EDUCATION FACILITIES RESEARCH SDCR TRAINING 1.

  • In relation to any Relevant Period, the ratio of Senior Debt under the Credit Agreement as at the last day of such period to EBITDA for such Relevant Period will not be more than SDCR, where SDCR has the value for each Relevant Period indicated in the table below.

  • From the date hereof until the stated maturity of the Note, interest shall accrue at the LIBOR Rate plus a spread of 2.0%, 2.25%, 2.5% or 3.0% depending on the Senior Debt Coverage Ratio ("SDCR") as further provided herein.

  • For the quarter ending December 31, 1998 and each quarter thereafter, Borrower's SDCR shall be less than or equal to 2.75 to 1.0, calculated on a trailing four quarter basis.

Related to SDCR

  • DCR Duff & ▇▇▇▇▇▇ Credit Rating Co., or its successor in interest.

  • Digital Signal Level 3 (DS-3) means the 44.736 Mbps third level signal in the time division multiplex hierarchy.

  • Digital Signal Level 0 (DS-0) means the lowest-level signal in the time division multiplex digital hierarchy, and represents a voice-grade channel operating at either the 56 Kbps or 64 Kbps transmission bit rates. There are twenty-four (24) DS-0 channels in a DS-1.

  • Opium poppy means the plant of the species Papaver somniferum L., except the seeds thereof.

  • Digital Signal Level 3 or "DS3" means the 44.736 Mbps third-level in the time-division multiplex hierarchy. In the time-division multiplexing hierarchy of the telephone network, DS3 is defined as the third level of multiplexing.