DSCR means debt service coverage ratio.
DSCR means, for any period, the ratio of (a) Operating Cash Available for Debt Service for such period to (b) Debt Service for such period.
DSCR means for any Determination Date an amount equal to:
Examples of DSCR in a sentence
If the income attributable to units in the permitted encroachment area was removed from loan underwriting, the resulting debt service coverage ratio would be reduced from 1.33x DSCR NCF (IO) as underwritten at loan origination to 1.21x DSCR NCF (IO).
More Definitions of DSCR
DSCR means the ratio of Adjusted Net Income to Cash Interest Expense on recourse Debt outstanding, it being understood that such determination shall be made on a cash basis.
DSCR means a ratio, as determined by Lender for the applicable period, in which:
DSCR means an amount calculated as of any Quarterly Calculation Date by dividing (i) the Net Cash Flow over the four (4) immediately preceding Quarterly Fiscal Periods most recently ended by (ii) the Debt Service due during the four (4) immediately preceding Quarterly Fiscal Periods most recently ended; provided that, for purposes of calculating the DSCR as of the first four (4) Quarterly Calculation Dates:
DSCR means, with respect to a particular period, the ratio of Net Operating Income to the aggregate amount of Debt Service that is payable in respect of such period, as computed by Lender from time to time pursuant to the terms hereof, using in all cases, an assumed loan constant (instead of actual debt service payable under such loan) per annum equal to the strike price of the Interest Rate Cap Agreement in effect on the date of such determination (which constant shall be calculated at all times using an actual/360 accrual convention). If no such period is specified, then the period shall be deemed to be the immediately preceding four (4) Fiscal Quarters.
DSCR has the meaning specified in the Loan Agreement.
DSCR means, as of any Calculation Date, the amount obtained by dividing (a) the amount of DSCR Available Cash as of such Calculation Date by (b) the sum of (i) the DSCR Aggregate Interest Amount for the related Payment Date and (ii) the DSCR Aggregate Scheduled Principal Amount for such Payment Date.
DSCR the debt service coverage ratio as determined by Lender on each Calculation Date by calculating the ratio of (x) the Net Operating Income from the Property for the immediately preceding thirteen (13) Accounting Periods, to (y) the sum of the payments of interest which are due and payable under the Primary Note for the immediately following twelve (12) Loan Months.