Common use of Debt Service Coverage Amount Clause in Contracts

Debt Service Coverage Amount. At any time determined by Agent, an amount equal to the maximum principal loan amount which, when bearing interest at a rate per annum equal to the then-current annual yield on ten (10) year obligations issued by the United States Treasury most recently prior to the date of determination plus two and one-quarter percent (2.25%) and payable based on a twenty-five year mortgage style amortization schedule (expressed as a

Debt Service Coverage Amount. At any time determined by the Agent, an amount equal to the maximum principal loan amount which, when bearing interest at a rate per annum equal to the greater of (i) the then-current annual yield on ten (10) year obligations issued by the United States Treasury most recently prior to the date of determination plus two and one-quarter percent (2.25%) and 2.0% payable based on a twenty-five 25 year mortgage style amortization schedule (expressed as aa mortgage constant percentage) and (ii) eight percent (8%), would be payable by the monthly principal and interest payment amount resulting from dividing