Scheduled Debt Service definition

Scheduled Debt Service means, for any period, with respect to any Person, the amount of all payments of principal of and interest on all Indebtedness of such Person (other than with respect to the Issuer and the Guarantors, the Obligations under the Note Documents) paid or payable by such Person on a regularly scheduled payment date during such period.

Scheduled Debt Service means, for any period, with respect to any Person, the amount of all payments of principal of and interest on all Indebtedness of such Person (other than with respect to the Loan Parties, the Loan Obligations under the Loan Documents) paid or payable by such Person on a regularly scheduled payment date during such period.

Scheduled Debt Service means, collectively, the Coupon and the Redemption Instalments.

Examples of Scheduled Debt Service in a sentence

• General Reserve Fund Release Test shall mean that, as of any date of calculation, Projected Available Cashflow in any Bond Year, is expected to be available in an amount at least equal to 120% of the amount necessary to pay all Scheduled Debt Service for all Subordinated NYCMWFA Bonds in such Bond Year, as determined by the Corporation and evidenced by an Officer’s Certificate.

• A performing loan will incur a cost of 5.8517 Scheduled Debt Service payments when becoming delinquent.

• Upon a motion made by Director Leventhal and seconded by Director Weitzman, the Directors Authorized to Defer Payment of Scheduled Debt Service on NIFA’s 2008B Variable Rate Bonds and to Take Related Actions.

• If the Borrower opts to propose Mandatory Debt Service and Scheduled Debt Service, the repayment profile shall be subject to the TIFIA Lender’s approval and satisfactory sensitivity results, and TIFIA Revenue Sharing will be required.

• Borrower and Co-Borrower hereby further agree to pay interest on the unpaid principal amount of the Loan from time to time outstanding from the date hereof until Payment in Full at the rates per annum, and on the dates, set forth in Section 2.8. Each payment of the Scheduled Debt Service Payment Amount pursuant to this Section 2.4(a) shall be applied first to the payment of interest then due and payable on the Loan and second to the payment of principal of the Loan then due and payable.

More Definitions of Scheduled Debt Service

Scheduled Debt Service. The total amount of interest, principal and fees payable pursuant to the Financing Documents (adjusted by payments and receipts under Hedging Agreements relating to the debt service for that period).

Scheduled Debt Service means, in respect of Alliance Canada, for any period, an amount equal to the sum, without duplication of:

Scheduled Debt Service means, in respect of any DSCR Calculation Period, the sum of (i) the aggregate amount of interest paid during such DSCR Calculation Period (or, as applicable, the Assumed Interest Expense for such DSCR Calculation Period) plus (ii) the aggregate amount of Fees paid (or, as applicable, projected to be paid) during such DSCR Calculation Period plus (iii) the aggregate amount of amortized principal of the Loans paid (or, as applicable, required to be paid) during such DSCR Calculation Period.

Scheduled Debt Service means, collectively, (a) all regularly scheduled payments of principal of and interest on outstanding Series A Bonds and all scheduled payments made by the Issuer to the Swap Counterparty under the Swap Agreement, less (b) all scheduled payments received by the Issuer from the Swap Counterparty under the Swap Agreement.

Scheduled Debt Service. Has the meaning ascribed thereto in the Pulp Mill Facility Agreement.

Scheduled Debt Service means the monthly payments of interest at the Default Rate of Interest or the Required Pay Rate of Interest on the Priority Note, as applicable, as required by Section 2.3(b)(i) and Section 2.3(b)(iii) of this Agreement.

Scheduled Debt Service means, for any Rolling Period, the sum of all scheduled, required and mandatory principal payments of NGC and its Subsidiaries on a consolidated basis in accordance with GAAP plus Consolidated Interest Expense for such Rolling Period; provided, further that for purposes of this definition, principal owing in respect of the CUSA Assumed Debt as a result of a demand for payment thereof being made by CUSA prior to the stated maturity thereof shall not be a scheduled, required, or mandatory principal payment of NGC and its Subsidiaries.