Sentences with phrase «sufficient debt capacity»

Not exact matches

The loan is granted mainly on the basis of the project's capacity to generate sufficient revenue to service the debt.

Funding for the School Facilities Program is virtually gone and there is a backlog in applications for state assistance... while the state's growing debt service is of concern, it is unclear whether local districts have the capacity to generate sufficient revenue at the local level to meet their specific facility needs.

The debt is not backed by sufficient repayment capacity, and thus there are some defaults.