Debt Service Component definition

Debt Service Component has the meaning set forth in the General Resolution.
View Source
Debt Service Component means the portion of the Cost of Contracted Services that an Authorized City Representative determines, in a certificate delivered to the Trustee, to be for the purpose of paying a fixed charge or the principal of or interest on the obligations, directly or indirectly associated with rendering the Contracted Services, of the person providing the Contracted Services.
View Source
Debt Service Component means that portion of rates and charges paid to the Authority by the Parties for Treated Water necessary for payment of Authority Obligations. Revenues associated with the Debt Service Component are a portion of the Net Revenues. Any Debt Service Component shall not be an operation and maintenance expense of the Parties and such Debt Service Component shall be paid from the Net Revenues of the Parties.
View Source

Examples of Debt Service Component in a sentence

  • Any reduction in the principal repayment schedule or interest rate under the Financing Documents shall be shared with the Power Purchaser, and shall result in a reduction in the Reference Debt Service Component to provide sixty percent (60%) of the benefits of such reduction to the Power Purchaser.

  • Monthly Debt Service Component" of Base Rent shall mean the sum of (a) either (i) Interim First Mortgage Monthly Debt Service Amount or (ii) the Permanent First Mortgage Monthly Debt Service Amount, whichever is then applicable, plus (b) the Second Mortgage Monthly Debt Service Amount, as more particularly defined in Schedule BR.

  • With the exception of the Debt Service Component of the Base Rate Charge, the Water Charge shall be uniform for all Project Participants.

  • After the Authority has deposited the Operation and Maintenance Component in the Operation and Maintenance Fund and the Debt Service Component in the Debt Service Fund, any remaining Net Revenues may be deposited in any other funds established by the Authority.

  • For each Agreement Year DCi = NDCi + DSCi, Where Dei = NDCi = DSCi = the Demand Charge for Agreement Year i, the Non Debt Component ofthe Demand Charge for Agreement Year i as provided in Column A (below) and the Debt Service Component of the Demand Charge for Agreement Year i as explained below.

  • If Landlord fails to reimburse or credit Tenant as aforesaid, Tenant may offset such costs and expenses against the Monthly Landlord's Return on Equity Component (but not the Monthly Debt Service Component) of its next monthly payment or payments of Base Rent due hereunder, continuing month to month until the amounts due Tenant have been fully credited and accounted for.

  • Any reduction in the principal repayment schedule or interest rate (or ▇▇▇▇-up or any other term connoting the return paid to the Lenders on debt) under the Financing Documents shall be shared with the Power Purchaser, and shall result in a reduction in the Reference Debt Service Component of the Tariff to provide sixty percent (60%) of the benefits of such reduction to the Power Purchaser.

  • The PPIB will evaluate the principal repayment schedule and other principal financial terms and the equity commitments in the Project, to ensure that the other principal financial terms are consistent with the principal repayment schedule, and that the principal repayment schedule is consistent with the Reference Debt Service Component of the Tariff, and to evaluate the impact on the GOP’s obligations upon any termination of this Agreement.

  • The PPIB will evaluate the principal repayment schedule and other principal financial terms and the equity commitments in the Project, to ensure that the other principal financial terms are consistent with the repayment of principal in accordance with the principal repayment schedule, and that the principal repayment schedule is not less than the Reference Debt Service Component of the Tariff, and to evaluate the impact on the GOP’s obligations upon any termination of this Agreement.


More Definitions of Debt Service Component

Debt Service Component. The meaning ascribed thereto in Schedule 1.
View Source

Related to Debt Service Component

  • Service Component means certain enabling Software, hardware peripherals and associated documentation which may be separately provided by Symantec as an incidental part of a Service.

  • Debt Service Reduction Mortgage Loan Any Mortgage Loan that became the subject of a Debt Service Reduction.

  • Debt Service means, with respect to any particular period of time, scheduled interest payments under the Note.

  • Debt Service Coverage means that for every $1.00 of debt service required to be paid there must be $1.15 of Net Operating Income available. A worksheet for the calculation of Debt Service Coverage is found in the Report of Operations attached hereto as Exhibit "H" and incorporated herein by this reference.

  • Debt Service Reduction With respect to any Mortgage Loan, a reduction in the scheduled Monthly Payment for such Mortgage Loan by a court of competent jurisdiction in a proceeding under the Bankruptcy Code, except such a reduction resulting from a Deficient Valuation.