Examples of Underwritable Cash Flow in a sentence
As the demand for broadcast services has dropped dramatically with the advent of webcasts, video streaming, and other online services, the OCFS studio was closed at the end of 2018.
For the purposes of the statistical information set forth in this Prospectus Supplement, as to such multiple property loans, a portion of the aggregate Cut-Off Date Balance has been allocated to each property, generally based on relative appraised value or Underwritable Cash Flow.
At closing, the New Properties shall provide an Initial Underwritable Cash Flow (the “Initial UCF”), as determined by Lender and using applicable rating agency criteria, of at least $21.58 million (assuming a Loan Amount of $210,800,000) and the New Properties shall provide a minimum DSCR of 1.40x.
All amounts due to Employee under this Section 5.1(b) shall be paid in a lump sum on the effective date of the termination or within ten (10) days thereafter, whichever is sooner, unless state law requires otherwise.
For the purposes of the statistical information set forth in this Prospectus Supplement, as to such multiple property loans, a portion of the aggregate Cut-Off Date Balance has been allocated to each property, generally, based on relative appraised value or Underwritable Cash Flow.