Class A Interest Coverage Ratio definition
Class A Interest Coverage Ratio means, as of any Measurement Date occurring on and after the Determination Date immediately preceding the second Payment Date, the ratio (expressed as a percentage) obtained by dividing the Interest Coverage Amount by the scheduled interest payments due on the Class A-1 Notes and the Class A-2 Notes on the following Payment Date. For the purposes of calculating the Class A Interest Coverage Ratio, the expected interest income on Collateral Obligations, Eligible Investments and the Accounts (to the extent applicable) and the expected interest payable on the Class A-1 Notes and the Class A-2 Notes will be calculated using the then current interest rates applicable thereto as at the relevant Measurement Date.
Class A Interest Coverage Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the Interest Coverage Amount by the scheduled interest payments due on the Class A Notes.
Class A Interest Coverage Ratio. On the Second Determination Date and any subsequent Measurement Date, the Interest Coverage Ratio as calculated with respect to the Class A Notes.
More Definitions of Class A Interest Coverage Ratio
Class A Interest Coverage Ratio means, as of any Measurement Date, the percentage obtained by dividing:
Class A Interest Coverage Ratio means, as of any Measurement Date after the Effective Date, the ratio (expressed as a percentage) obtained by dividing the Interest Coverage Amount by the aggregate of scheduled interest payments due on the Class A Loans (with Sterling amounts due in respect of the Class A-R Sterling Advances and U.S. Dollar amounts due in respect of the Class A-R USD Advances each converted into Euro at the then prevailing Spot Rate) and the amount of the Class A-R Commitment Fee then due, in each case in the Due Period in which such Measurement Date occurs. For the purposes of calculating the Class A Interest Coverage Ratio, the expected interest income on Collateral Debt Obligations, Eligible Investments and the Accounts (to the extent applicable), the expected interest payable on the Class A Loans and the expected Class A-R Commitment Fee payable on the Class A-R Loan will be calculated using the then current interest rates applicable thereto as at the relevant Measurement Date.
Class A Interest Coverage Ratio. On the Third Determination Date and any subsequent Measurement Date, the Interest Coverage Ratio as calculated with respect to the Class A Notes.
Class A Interest Coverage Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing:
Class A Interest Coverage Ratio means, on any Measurement Date, the ratio (expressed as a percentage) obtained by dividing (a) the Interest Coverage Amount by (b) the aggregate of the scheduled interest payments payable on the Class A-1 VF Notes (including any Commitment Fee payable during the related Due Period) converted where applicable at the Spot Rate and the Class A-2 Notes on the following Payment Date.
Class A Interest Coverage Ratio. As of any Measurement Date, the ratio calculated in accordance with the assumptions set forth in Section 1.2(e) hereof by dividing:
Class A Interest Coverage Ratio means, on any Measurement Date on or following the Determination Date relating to the third Payment Date, the ratio (expressed as a percentage) obtained by dividing (a) the Interest Coverage Amount by (b) the aggregate of the scheduled interest payments on the Class A Notes on the following Payment Date.