Cushion

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Cushion

In the context of project financing, the extra amount of net cash flow remaining after expected debt service.

Cushion

1. Period of time during which a bond cannot be called. Interest payments are guaranteed during the cushion, but not after, as the bond may be prematurely redeemed at any point after the call date.

2. A reserve account, or the function a reserve account serves, usually to pay off bad debt.

3. An advantageous debt-to-equity ratio, usually less than 40%.

cushion

References in periodicals archive ?
ISO 16840-2 provides a battery of tests that provide technical information about a wide range of wheelchair cushion characteristics.
If standard wheelchair cushions are deemed inadequate, individuals with SCI may require custom seating.
Comparison of three wheelchair cushions for effectiveness of pressure relief.
It is not unreasonable then, to expect that such practices would carry over into any new government program and have a deleterious effect on small companies that make specialized wheelchairs, wheelchair cushions, catheters, etc.
No method currently exists for measuring internal tissue deformations noninvasively; so wheelchair cushion design and selection are based mostly on measuring sitting pressures.
Biomedical Systems has added the Air Flow[R] Wheelchair Cushion to its line of pressure sore prevention products.
Pending these future studies, weight-bearing MRI could systematically support wheelchair cushion design and selection.
The mapping tool is a pad that is placed on the wheelchair cushion between the buttocks and cushion.
BG Industries has introduced its new AccuMax[TM] Quantum[TM] Convertible Wheelchair Cushion.
As the wheelchair cushion industry matures, the focus on prevention of decubitus formation shifts from tissue loading to the contributing factors in sore formation.
Biomedical Systems has added the Air Flow Wheelchair Cushion to its line of pressure sore prevention products.
This system is not intended to measure the properties of the materials in absolute units such as watts per square meter per hour or water vapor measured in kilograms per square meter per hour, but instead the TRCLI is designed to create conditions similar to those produced by the human body when supported on typical wheelchair cushion materials.