Debt Service Payments is defined as the monthly installments of principal and interest payable by Borrower to Lender as set forth in the Note.
Debt Service Payments means the moneys paid by each Participant as and for payments of principal of and interest on its respective Note, which moneys shall include the Pledged Revenues and amounts deposited in the related Repayment Fund and any other moneys lawfully available therefor pursuant to the related District Note Resolution.
Debt Service Payments means the moneys paid by each Participant as and for payments of principal of and interest on its respective District Notes and Additional District Notes, if any, which moneys shall include the Pledged Revenues and amounts deposited in the related Participant’s Payment Account and any other moneys lawfully available therefor pursuant to the related District Resolution.
Examples of Debt Service Payments in a sentence
Section 7.4. Subordination of Debt Service Payments on Redeveloper Bonds.
Bond Debt Service Payments ..............................................................................
Bond Debt Service Payments is directly administered through the bond management function.
Record of Debt Service Payments – The Bond Compliance Officer should coordinate with the Office of the State Treasurer to obtain documentation of debt service payments made for each short term borrowing and store copies in the CEDMR.
The Debt Service Payments on the Notes, together with investment earnings thereon, shall be used for the payment of interest and principal with respect to the Certificates and the Notes will not be used for any other purpose while any of the Certificates remain outstanding.
More Definitions of Debt Service Payments
Debt Service Payments means the sum of all payments on account of principal, interest, financing fees and charges due and payable in an Accounting Year to the Senior Lenders under the Financing Agreements;
Debt Service Payments means, with respect to any period, the Credit Parties’ total interest expense payments on all Indebtedness (including, without limitation, the Notes) during such period plus the Credit Parties’ scheduled principal payments on all Indebtedness (including, without limitation, the Notes) during that same period.
Debt Service Payments shall have the meaning set forth in the First Amendment.
Debt Service Payments means, for any period, the sum, without duplication, of (a) Consolidated Cash Interest Expense for such period, and (b) the aggregate amount of scheduled principal payments made during such period in respect of Long-Term Indebtedness of the Borrower and its subsidiaries (other than payments made to the Borrower or any of its subsidiaries); provided, however, that for purposes of determining compliance with Section 6.13 at any time from the Effective Date through March 31, 2009, Debt Service Payments shall be deemed to be $9,000,000 for the fiscal quarter ended December 31, 2007, $9,000,000 for the fiscal quarter ended March 31, 2008, and $9,000,000 for the fiscal quarter ended June 30, 2008.
Debt Service Payments as follows:
Debt Service Payments means the annual amount of principal and interest payments that would be payable on the Principal Debt) based upon a thirty (30) year self liquidating mortgage amortization schedule at an annual assumed interest rate equal to the greatest of (i) 7.0%, (ii) the "Ten Year Treasury Rate Obligation" (as hereinafter defined) as of any date of calculation plus 2.50% and (iii) the actual interest applicable to the Loan as of any date of calculation. The "Ten Year Treasury Rate Obligation" shall mean the rate determined by Administrative Agent to be the week ending yield on United States treasury securities, adjusted to a constant maturity of ten years, as published by the United States Federal Reserve Board in the then most currently available Statistical Release H.15 (519) (or, if not published at such time, such other comparable statistical release then published by the United States Federal Reserve Board) rounded to the next highest 1/8 of 1%.
Debt Service Payments means payments payable by the District pursuant to the Bond Resolution as specifically set forth in exhibits to the supplemental resolutions that may be outstanding, from time to time, as they may be amended or supplemental pursuant to the Bond Resolution.