Class C Interest Coverage Ratio definition
Class C 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, the Class B Notes and the Class C Notes. For the purposes of calculating the Class C Interest Coverage Ratio, the expected interest income on Collateral Debt Obligations, Eligible Investments and the Accounts (to the extent applicable) and the expected interest payable on the Class A Notes, the Class B Notes and the Class C Notes will be calculated using the then current interest rates applicable thereto as at the relevant Measurement Date.
Class C 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, the Class B Notes and the Class C Notes.
Class C Interest Coverage Ratio means, as of any date of determination, the ratio of (x) to (y), where (x) is the Interest Coverage Amount for the related Due Period in which such date of determination occurs, and where (y) is an amount equal to the sum of (1) the Periodic Interest Amount for the Class A Notes for the Payment Date relating to such Due Period plus (2) the Periodic Interest Amount for the Class B Notes for the Payment Date relating to such Due Period plus (3) the Periodic Interest Amount for the Class C Notes for the Payment Date relating to such Due Period.
More Definitions of Class C Interest Coverage Ratio
Class C 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 Notes, the Class B Notes and the Class C Notes on the following Payment Date.
Class C Interest Coverage Ratio means, as of any Measurement Date, the percentage obtained by dividing:
Class C 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 Senior Notes, the Class B Notes and the Class C Notes on the following Payment Date (including any Commitment Fee and any Break Costs and, for the avoidance of doubt, any accrued interest payable on Deferred Interest).
Class C Interest Coverage Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing:
Class C 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 Class A-R Sterling Advances and U.S. Dollar amounts due in respect of Class A-R USD Advances each converted into Euro at the then prevailing Spot Rate), the Class B Notes and the Class C Notes (with amounts due in respect of the Class B Notes and the Class C Notes converted into Euro at the then prevailing Spot Rate) and the amount of 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 C Interest Coverage Ratio, the expected interest income on Collateral Debt Obligations, Eligible Investments and the Accounts (to the extent applicable) and the expected interest payable on the Class A Loans, the Class B Notes and the Class C Notes will be calculated using the then current interest rates applicable thereto as at the relevant Measurement Date.
Class C Interest Coverage Ratio means, as of any Measurement Date falling on or after the Effective Date, the ratio (expressed as a percentage) obtained by dividing:
Class C Interest Coverage Ratio. “Class D Interest Coverage Ratio” or “Class E Interest Coverage Ratio” means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing: