Sentence examples for debt servicing obligations from inspiring English sources

These factors led a number of LDCs to fall behind on their external debt servicing obligations and culminated in the Mexican debt crisis of 1982, when the Mexican government declared a moratorium on servicing its interest payments.

Under the initiative, eligible countries are relieved of debt servicing obligations - subject to the condition that the money saved is channelled to poverty reduction and other social investments for the poorest segments of their societies.

Then, there is the impact of external debt servicing obligations on domestic budgets if governments have to resort to domestic sources at high interest rates for financing public expenditure; this can of itself push up interest rates and "crowd out" investment.

"They're worried about an increase in their debt service obligations".

"However," Mr. Matasar wrote, "N.Y.L.S. never promised (nor needed to promise) anyone that it would increase enrollment to meet debt service obligations".

"We are very confident that we will demonstrate the wherewithal to meet all of our debt service obligations in '02," he said.

According to Ms. Jacobs, a Democrat, the shortfall involves deficits at the Nassau County Medical Center, unforseen debt service obligations and higher-than-expected costs for public transportation.

He said more analysis needed to be done on the more than $60 million in additional budget shortfalls that were discovered on Friday, in debt service obligations, higher-than-expected public transportation costs and deficits at the Nassau County Medical Center.

Meanwhile, new bank lending even to quality corporations is minimal, starving them of working capital and trade finance and forcing them to postpone debt service obligations.

With approximately $5 billion in current liquidity, Nextel has ample flexibility to continue to grow its business and achieve a goal of positive free cash flow by 2004 or earlier, after capital spending, debt service obligations and other cash outlays".

Ideally, to feel comfortable that the company will be able to meet its debt service obligations, an airline's EBITDA should cover its interest expense by at least two times, but preferably three.