Senior Contractual Debt Service means, for any period, the sum of payments made or required to be made by Borrower during such period for (i) interest and scheduled principal payments due on the Term Loans (excluding voluntary prepayment and payments made from Borrower's Excess Cash Flow, as required pursuant to the Schedule), any scheduled payments under Equipment Acquisition Line (ii) interest only payments due on the Revolving Credit Loans facility plus the Facility Fee, Minimum Interest Charge and the Unused Line Fee.
Senior Contractual Debt Service for any period, the sum of: (a) ------------------------------- payments made or required to be made by Borrower or Company during such period for principal and interest on the Term Loan, interest only on the Revolver Loan, the Term Loan Maintenance Fee and the Unused Line Fee due, excluding, however, any Excess Cash Flow prepayments made or required to be made pursuant to subsection 2.8.3; and (b) without implying Lender's consent to any such Capitalized Lease, payments due on Capitalized Leases of Borrower or Company.
Senior Contractual Debt Service means, for any period, the sum of payments made or required to be made by Borrower during such period for (i) interest, fees and scheduled principal payments due on the Term Loans (excluding voluntary prepayment and payments made from Borrower's Excess Cash Flow, as required pursuant to the Schedule), (ii) interest only payments due on the Revolving Credit Loans facility plus the Collateral Monitoring Fee, the Agent's Fee and the Unused Line Fee, Examination Fees and any other fees due to the Agent for its account or the account of the lenders and (iii) scheduled interest and principal payments due on any Indebtedness for Borrowed Money (including without limitation the Indebtedness permitted in clauses "(iii)", "(v)" and "(vi)" of Section 6.2.10 hereof).
Examples of Senior Contractual Debt Service in a sentence
The present findings demonstrate how traditional and modern cultural beliefs and attitudes are integrated in the “doing the month” ritual to provide culturally appropriate and sensitive postpartum care andsupport for first-time mothers.
Borrower's Operating Cash Flow/Actual for the consecutive 3 month period ended as of September 30, 2002, the consecutive 6 month period ended as of December 31, 2002 and the consecutive 9 month period ended as of March 31, 2003 must be at least 3.0, 3.5 and 4.0 times, respectively, the amount necessary to meet Borrower's Senior Contractual Debt Service for the applicable period, calculated on a consolidated basis.
More Definitions of Senior Contractual Debt Service
Senior Contractual Debt Service means, for any period, the sum of payments made or required to be made by any Loan Party during such period for (i) interest and scheduled principal payments due on the Term Loan (excluding voluntary prepayments and payments made from Borrower's Excess Cash Flow, as required pursuant to Section 7.7 set forth on the Schedule), (ii) interest only payments due on the Revolving Loans Facility plus the Collateral Monitoring Fee, the Facility Fee, and the Unused Line Fee, and (iii) principal and interest payments due on the Permitted Senior Indebtedness.
Senior Contractual Debt Service means, for any period, the sum of payments made or required to be made by Borrower during such period for (i) interest only payments due on term loan made available to Borrower pursuant to the Loan Agreement, (ii) interest only payments due with respect to the revolving credit facility made available to Borrower pursuant to the FINOVA Loan Documents, (iii) all commitment fees, collateral monitoring fees, examination fees, unused line fees and all other fees payable by Borrower to FINOVA or FMC pursuant to the Loan Agreement or the FINOVA Loan Documents and (iv) interest only payments due on the Subordinated Debt (with it being understood that payments due on the Indebtedness owing by Borrower to South Trust shall not be considered in the calculation of Senior Contractual Debt Service).
Senior Contractual Debt Service means, for any period, the sum of ------------------------------- payments made or required to be made by Borrower during such period for (i) interest and scheduled principal payments due on the Term Loans (excluding the amortization of the Closing Fee and voluntary prepayment and payments made from Borrower's Excess Cash Flow, as required pursuant to the Schedule), and (ii) interest only payments due on the Revolving Credit Loans facility plus the Collateral Monitoring Fee, the Success Fee and the Unused Line Fee.
Senior Contractual Debt Service means, for any period, the sum of payments made or required to be made by Borrower during such period for (i) interest only payments due on the revolving credit facility made available to Borrower pursuant to the Loan Agreement, (ii) principal and interests payments due with respect to the FINOVA Mezzanine Loan, (iii) all commitment fees, collateral monitoring fees, examination fees, unused line fees and all other fees payable by Borrower to FINOVA or FMC pursuant to the Loan Agreement or the FINOVA Mezzanine Loan Documents and (iv) interest only payments due on the Subordinated Debt (with it being understood that payments due on the Indebtedness owing by Borrower to South Trust shall not be considered in the calculation of Senior Contractual Debt Service).
Senior Contractual Debt Service means, for any period, the sum of payments made or required to be made by Borrower during such period for (i) interest and scheduled principal payments due on the Term Loans (excluding voluntary prepayment and payments made from Borrower's Excess Cash Flow, as required pursuant to the Schedule), and (ii) interest only payments due on the Revolving Credit Loans facility plus the Collateral Monitoring Fee, the Facility Fee and the Unused Line Fee. "Start Date" has the meaning set forth in the Schedule. "Subordinated Debt" means liabilities of Borrower the repayment of which is subordinated, to the payment and performance of the Obligations, pursuant to a subordination agreement acceptable to FINOVA in its sole discretion. "Subordinating Creditor" has the meaning set forth in the Schedule. "Term Loans" has the meaning set forth in the Schedule. "Termination Fee" has the meaning set forth in Section 9.2(d) hereof. "Total Contractual Debt Service" means, for any period, the sum of payments made (or, as to clause (i) of this sentence, required to be made) by Borrower during such period for (i) Senior Contractual Debt Service, (ii) pursuant to the Seller Note and/or Noncompete Agreement,
Senior Contractual Debt Service means, for any period, the sum of payments made or required to be made by Borrower during such period for (i) interest, fees and scheduled principal payments due on the Term Loans (excluding voluntary prepayment and payments made from Borrower's Excess Cash Flow, as required pursuant to the Loan Schedule), and (ii) interest only payments due on the Revolving Credit Loans facility plus the Collateral Monitoring Fee, the Facility Fee, the Examination Fee, and the Unused Line Fee, and (iii) interest and scheduled principal payments due on any and all other Indebtedness for Borrowed Money, excluding the Subordinated Debt.
Senior Contractual Debt Service. MEANS, FOR ANY PERIOD, THE SUM OF --------------------------------- PAYMENTS MADE OR REQUIRED TO BE MADE BY BORROWER DURING SUCH PERIOD FOR (1) INTEREST AND SCHEDULED PRINCIPAL PAYMENTS DUE ON THE TERM LOANS (EXCLUDING VOLUNTARY PREPAYMENT AND PAYMENTS MADE FROM BORROWER's EXCESS CASH FLOW, AS REQUIRED PURSUANT TO THE SCHEDULE), [AND] (II) INTEREST ONLY PAYMENTS DUE ON THE REVOLVING CREDIT LOANS FACILITY PLUS THE COLLATERAL MONITORING FEE, THE FACILITY FEE AND THE UNUSED LINE FEE, [AND (III) PRINCIPAL AND INTEREST PAYMENTS DUE ON THE PERMITTED SENIOR INDEBTEDNESS].