Debt Yield definition

Debt Yield as of any date of determination, the percentage obtained by dividing:

Debt Yield means, as of any date of determination, a fraction expressed as a percentage in which:

Debt Yield shall have the meaning set forth in the Mortgage Loan Agreement.

Examples of Debt Yield in a sentence

• Within thirty (30) days after the end of each Fiscal Year, Borrower shall deliver to Lender a Compliance Certificate setting forth the Debt Yield calculated as of the last day of such Fiscal Year.

• Within thirty (30) days after the end of each Fiscal Year, Borrower shall deliver to Administrative Agent a Compliance Certificate setting forth the Debt Yield calculated as of the last day of such Fiscal Year.

• In the Event the Debt Yield is less than _____ percent (___.0%), as determined by Lender in its sole discretion, Borrower shall be required to prepay the Loan within thirty (30) days of notice of the failure to meet the required Debt Yield in an amount that would result in a Debt Yield of _____ percent (__.0%).]39 Section VI.4.[Debt Service Coverage Ratio.

• The calculations set forth in Annex 1 are computations of the [(i) Debt Yield and (ii) Debt Service Coverage Ratio for purposes of Section _______ of the Loan Agreement] [Debt Yield/ Debt Service Coverage Ratio for purposes of Section ___ of the Rider attached to the Guaranty and incorporated therein by reference], and are true and accurate in all respects on and as of the date of this Certificate.

• Xxxxxxx Mac Loan # Cutoff Date LTV Trustee Loan # Current Appraised Value Control # Cutoff NOI DSCR Special Servicing Date Cutoff NCF DSCR Current SPB Cutoff NCF Debt Yield Maturity Date Cutoff Date Cap Rate IO Period Current Est.

More Definitions of Debt Yield

Debt Yield means Adjusted Net Cash Flow divided by the sum of (a) the unpaid principal amount of the Mortgage Loan and (b) the outstanding principal balance of any subordinate or mezzanine financing including, without limitation, the Loan and any other mezzanine loan which constitutes a portion of the Mez Loan then affecting or related to the Property or any interest therein (determined as of the date of the calculation of Debt Yield).

Debt Yield means, as of any date of calculation, a ratio conveyed as a percentage in which: (i) the numerator is the Net Cash Flow for the Individual Continental Properties; and (ii) the denominator is the aggregate amount of the then outstanding principal balance of the Loan (including all Components thereof) and the Mezzanine Loans.

Debt Yield means (a) Net Operating Income, divided by (b) the outstanding principal balance of the Loan as of the Determination Date.

Debt Yield means, as of any date of determination, the ratio, expressed as a percentage, between the Net Operating Income for the twelve (12) month period preceding the date of calculation and [the average outstanding principal balance of the Loan for such twelve (12) month period][ the outstanding principal balance of the Loan as of the date of determination].

Debt Yield means, at any time of determination, Net Cash Flow for the trailing twelve (12) month period divided by the then outstanding principal balance of the Loan and the Allocable Portion of the Mezzanine Loan.

Debt Yield means, as of any date of determination, a fraction, expressed as a percentage (i.e. 0.10 = 10%), which is obtained by dividing:

Debt Yield. With respect to any Purchased Asset and for any relevant time period, the percentage equivalent of the quotient obtained by dividing (i) the underwritten net cash flow for such period from the Mortgaged Properties securing such Purchased Asset, as determined by Buyer in its sole discretion, by (ii) the outstanding Purchase Price of such Purchased Asset on the last day of such time period.