Debt Service
Debt Service. Means (a) the aggregate amount of Current Maturity of Long Term Debt plus (b) all interest incurred on borrowed money, determined by reference to the most recently ended fiscal quarter and the immediately preceding three fiscal quarters. "Current Maturity of Long Term Debt" means that portion of Borrower's consolidated long term liabilities, determined in accordance with GAAP, which shall, by the terms thereof, become due and payable within one (1) year following the date of the balance sheet...
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Found in
EMERGENT GROUP INC contract
Debt Service. 13(b)
Found in
LAND O LAKES INC contract
Debt Service. Means, for any period, with respect to any Person all of such Person's (i) interest payments, (ii) current portion of the principal payments, (iii) Rental Payments and (iv) current portion of capital lease obligations.
Found in
MDF INC contract
Debt Service. Means, for any period, the sum, for the Parent and its Subsidiaries (determined on a combined basis without duplication in accordance with GAAP), of the following: (a) in the case of Loans under this Agreement, the aggregate amount of payments of principal of such Loans that, giving effect to Commitment reductions or terminations scheduled to be made during such period pursuant to Section 2.06(a), were required to be made pursuant to Section 2.07(a) during such period plus (b) in the case of...
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Debt Service. Means (a) the aggregate amount of Current Maturity of Long Term Debt plus (b) all interest incurred on borrowed money during the twelve month period ending on the date of determination.
Debt Service. Means the Loan Amount multiplied by the Interest Rate.
Debt Service. Shall mean, for any period, the sum of (a) Interest Expense of the Parent and its Subsidiaries determined on a consolidated basis for such period, and (b) all regularly scheduled principal payments made with respect to Indebtedness of the Parent and its Subsidiaries during such period, other than any balloon, bullet, margin or similar principal payment which repays such Indebtedness in full. Debt Service shall include a proportionate share of items (a) and (b) of all Unconsolidated Affiliates.
Debt Service. Means, with respect to any period, the sum of the following: (a) Interest Charges for such period and (b) all payments of principal in respect of Debt of Borrower and its Subsidiaries (including the principal component of any payments in respect of Capitalized Lease Obligations) paid or payable during such period after eliminating all offsetting debits and credits between Borrower and its Subsidiaries and all other items required to be eliminated in the course of the preparation of consolidated...
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Found in
RUBICON FINANCIAL INC contract
Debt Service. Means the sum of the principal payments during the previous twelve (12) month period on long-term debt and capitalized lease obligations plus interest expense on all obligations, less principal payments made in connection with the maturity or refinance of long-term debt obligations and non-cash interest expense resulting from the amortization of deferred financing costs.
Found in
Hersha Hospitality Trust contract
Debt Service. With respect to any particular period, the scheduled principal and interest payments due on account of any promissory note secured by the Mortgage
All Definitions
Found in
Equinix contract