Debt Service Clause Samples
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Debt Service. The term “Debt Service” shall mean payments (including without limitation, principal, interest and expense reimbursement) with respect to (i) capitalized leases, as defined in accordance with Generally Accepted Accounting Principles, and (ii) all third party borrowed funds related to the Business.
Debt Service. Owner shall give Broker advance written notice of at least thirty (30) days to 33 make any additional monthly or recurring payments (such as mortgage indebtedness, general taxes, special 34 assessments or insurance premiums) out of Owner’s proceeds from the Property. If Owner notifies Broker to 35 make such payments after the beginning of the term of this Agreement, Broker shall have the authority to name a 36 new contingency reserve amount, and Owner shall maintain this new contingency reserve amount at all time in 37 the Trust Account. 38
Debt Service. 66 10.5. Current Ratio. .....................................................................66 11.
Debt Service. The Compliance Auditor shall review SFPUC records to determine whether debt service, and associated coverage requirements, were allocated to the Wholesale Customers as provided in this Agreement.
Debt Service. Consolidated Interest Incurred plus regularly scheduled amortization payments (excluding balloon maturities).
Debt Service. For any period, the sum of all interest, including capitalized interest not paid in cash, bond related expenses, and mandatory principal/sinking fund payments due and payable during such period excluding any balloon payments due upon maturity of any Indebtedness. Any of the foregoing payable with respect to Subordinated Debt shall be included in the calculation of Debt Service.
Debt Service. The provisions of this Section 3.9 regarding disbursements shall include the payment of debt service related to any mortgages of the Property, unless otherwise instructed in writing by Owner.
Debt Service. For any period, the sum of all interest (including capitalized interest) and mandatory or scheduled principal payments due and payable during such period excluding any balloon payments due upon maturity of any indebtedness.
Debt Service. Current portion of long term debt (as of the date 12 months prior to the current financial statement) $ + current portion of capitalized lease obligations $ + interest expense on all obligations $
(A) = Debt Service $
Debt Service the payments of principal (assuming not more than 20 year amortization by constant payments) and interest required under any Authorized Mortgage.