Total Debt Service Coverage Ratio means, for any Calculation Period, the ratio of Net Cash Flow for such Calculation Period to the sum of (a) Senior Debt Service for such Calculation Period and (b) TIFIA Debt Service for such Calculation Period.

Total Debt Service Coverage Ratio means the quotient of (x) EBITDA less all capital expenditures except that portion which is financed, less taxes paid during such period, divided by (y) the sum of all principal, interest and other payments made or required to be made by Borrower on indebtedness during such period, including any fees and charges owed by Borrower in connection with any such indebtedness.

Total Debt Service Coverage Ratio means, for any Calculation Period, the ratio of Net Revenues for such Calculation Period to the sum of (a) Annual Debt Service in respect of Senior Obligations for such Calculation Period and (b) TIFIA Mandatory Debt Service for such Calculation Period.

Examples of Total Debt Service Coverage Ratio in a sentence

The Total Debt Service Coverage Ratio after giving effect to the Additional Senior Debt may not be less than a specified ratio agreed to by the TIFIA Lender.
Reseller will at all times maintain a minimum Total Debt Service Coverage Ratio of 1.25 to 1.00.
All amounts in the Ramp-Up Reserve Account may be released and transferred to the Pledged Revenues Account when the Total Debt Service Coverage Ratio has been greater than [ ] for two consecutive Calculation Dates, as set forth in a certificate signed by a Transportation Enterprise Representative delivered to the Trustee, but in no event shall funds in the Ramp-Up Reserve Account be released prior to the third anniversary of the applicable Substantial Completion Date.
The Borrower shall, subject to the remainder of this paragraph, fix, charge and collect rates and charges such that Pledged Revenues in any year shall be projected to produce (i) a Senior Debt Service Coverage Ratio at least equal to 1.40 in such year and (ii) a Total Debt Service Coverage Ratio at least equal to 1.30 in such year (the “Rate Covenant”).
Updated financial model (including basis for any assumption changes) and schedule of actual and projected revenues, expenses, the Senior Debt Service Coverage Ratio, the Total Debt Service Coverage Ratio and the Loan Life Coverage Ratio; d.

More Definitions of Total Debt Service Coverage Ratio

Total Debt Service Coverage Ratio means, for any period, the ratio of EBITDA to interest expense and scheduled principal payments payable during such period in respect of the FNBO Loan, any Additional Secured Indebtedness and any amounts owing under this Bond Lease existing at the time the calculation is made.

Total Debt Service Coverage Ratio means the ratio of (i) the sum of (A) Funds from Operations and (B) Interest Expense minus (C) unfinanced Capital Expenditures to (ii) the sum of (A) Current Maturities of Long Term Debt and (B) Interest Expense.

Total Debt Service Coverage Ratio means, as to the Companies for any period, (a) the sum of EBITDA for such period, minus the aggregate amount of capital expenditures made during such period, divided by (b) the sum of all principal and interest payments payable during such period in respect of all Debt of the Companies (without deduction for any minority interests), all as determined on a rolling four (4) quarter and consolidated basis in accordance with GAAP.

Total Debt Service Coverage Ratio means for any period, the ratio of (i) Cash Available for Debt Service for such period to (ii) the amount of Total Debt Service due and payable for such period.

Total Debt Service Coverage Ratio means, as of each Calculation Date, the ratio of

Total Debt Service Coverage Ratio or “Total DSCR” has the meaning specified in the Collateral Agency Agreement as in effect on the Closing Date.

Total Debt Service Coverage Ratio means, for any applicable period, the ratio produced (in decimal form) by dividing (i) all Facility revenues less Facility operating expenses (before depreciation, amortization, and interest expense on Facility Debt or the Excess Financing Amount or income taxes), during such period as detennined in accordance with generally accepted accounting principles consistently applied, by (ii) the Total Debt Service accruing during such applicable period.