Example ContractsClausestestingVariants
Testing
Testing contract clause examples

DSCR” means, for each Testing Period, the quotient obtained by dividing # the sum of Net Income, Depreciation, Amortization, Interest Expense, plus, to the extent determined by the Lender in its sole discretion, other non-cash expenses and Extraordinary non-recurring expenses by (b) (i) CPLTD not including Balloon Maturities for the Testing Period, # the current portion of Capital Leases plus # Interest Expense.

DSCR” means, for each Testing Period, the quotient obtained by dividing # the sum of Net Income, Depreciation, Amortization, Interest Expense, plus, to the extent determined by the Lender in its sole discretion, other non-cash expenses and Extraordinary non-recurring expenses by (b) (i) CPLTD, # the current portion of Capital Leases plus # Interest Expense.

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