Consolidated Total Debt Service

Consolidated Total Debt Service. Shall mean with respect to the Borrower and its Subsidiaries and for any period, the sum, without duplication, of (i) Consolidated Total Interest Expense for such period plus (ii) any and all scheduled repayments of principal during such period in respect of Indebtedness that becomes due and payable or that are to become due and payable during such period pursuant to any agreement or instrument to which the... Borrower or any of its Subsidiaries is a party relating to (a) the borrowing of money or the obtaining of credit, including the issuance of notes or bonds, (b) the deferred purchase price of assets (other than trade payables incurred in the ordinary course of business), (iii) any synthetic leases or any Capital Leases, (iv) any reimbursement obligations in respect of letters of credit or bankers acceptances due and payable during such period, and (v) Indebtedness of the type referred to above of another Person guaranteed by the Borrower or any of its Subsidiaries, but excluding, in each case, any such obligations due or owing from the Borrower or any Subsidiary to the Borrower or any Wholly Owned Subsidiary. Demand obligations shall be deemed to be due and payable during any fiscal period during which such obligations are outstanding. View More

Consolidated Total Debt Service. With respect to Holdings and its Subsidiaries and for any period, the sum, without duplication, of (a) Consolidated Total Interest Expense of Holdings and its Subsidiaries for such period plus (b) any and all scheduled repayments of principal during such period in respect of Indebtedness that become due and payable during such period pursuant to any agreement or instrument to which Holdings or any of its Subsidiaries is a party provided, however, that for the Reference Periods ending on July... 31, 2017, October 31, 2017, January 31, 2018 and April 30, 2018, Consolidated Total Interest Expense of Holdings and its Subsidiaries shall be determined on a pro forma basis equal to the sum of (i) Consolidated Senior Interest Expense for such period plus (ii) $540,000. Demand obligations shall be deemed to be due and payable during any fiscal period during which such obligations are outstanding. View More