Dilution Horizon Ratio Sample Clauses

Dilution Horizon Ratio. As of any Cut-off Date, a ratio (expressed as a decimal), computed by dividing (i) the sum of (A) the aggregate sales generated by the Originator during the Calculation Period ending on such Cut-Off Date and (B) 0.63 times the aggregate sales generated by the Originator during the second Calculation Period immediately preceding the Calculation Period ending on such Cut-Off Date, by (ii) the Net Pool Balance as of such Cut-Off Date or such other formula the Agent may from time to time provide to the Borrower and the Servicer in writing based upon results of any Review, any additional report and/or any further analysis conducted at any time by or on behalf of Agent or the Lender Group Agents in their sole discretion.
Sample 1
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Dilution Horizon Ratio. As of any Cut-off Date, a ratio (expressed as a decimal), computed by dividing (1) the aggregate sales generated by the Originators during the Calculation Period ending on such Cut-Off Date by (2) the Net Pool Balance as of such Cut-Off Date.
Sample 1
Dilution Horizon Ratio. As of any Cut-off Date, a ratio (expressed as a decimal), computed by dividing (i) the sum of (A) the aggregate sales generated by all of the Originators during the Calculation Period ending on such Cut-Off Date and (B) 0.67 times the aggregate sales generated by all of the Originators during the Calculation Period immediately preceding the Calculation Period ending on such Cut-Off Date, by (ii) the Net Pool Balance as of such Cut-Off Date or such other formula the Lender Agents jointly may from time to time provide to the Borrower and the Servicer in writing based upon results of any Review, any additional report and/or any further analysis conducted at any time by or on behalf of Agent or the Lender Group Agents in their sole discretion; provided, however with respect to any calculation relating to the period beginning with the August 2005 Calculation Period through the October 2006 Calculation Period, each such calculation shall exclude sales generated by any Obligor of which is a Designated Obligor.
Sample 1
Dilution Horizon Ratio. As of any Cut-off Date, a ratio (expressed as a percentage), computed by dividing (i) the aggregate Sales generated by the Originators during the Collection Period ending on such Cut-Off Date, by (ii) the Net Pool Balance as of such Cut-Off Date.
Sample 1
Dilution Horizon Ratio. The definition of "Dilution Horizon Ratio" is hereby deleted in its entirety and replaced with the following:
Sample 1
Dilution Horizon Ratio in Section 1.1 of the Existing Agreement is hereby amended and restated in its entirety as follows:
Sample 1

Related to Dilution Horizon Ratio

  • Capitalization Ratio The Borrower will not permit its Capitalization Ratio to exceed 0.50 to 1.00 as of the end of any fiscal quarter or fiscal year end.

  • Current Ratio The Borrower will not permit, as of the last day of any fiscal quarter, its ratio of (i) consolidated current assets (including the unused amount of the total Commitments, but excluding non-cash assets under FAS 133) to (ii) consolidated current liabilities (excluding non-cash obligations under FAS 133 and current maturities under this Agreement) to be less than 1.0 to 1.0.

  • Consolidated Senior Leverage Ratio The Company will not permit the Consolidated Senior Leverage Ratio on the last day of any fiscal quarter of the Company ending in a period set forth below to exceed the ratio set forth below applicable to such period: Period Maximum Ratio January 1, 2015 to and including June 30, 2016 5.0 to 1.0 July 1, 2016 to and including September 30, 2016 4.5 to 1.0 October 1, 2016 to and including December 31, 2016 4.0 to 1.0 January 1, 2017 and thereafter 3.0 to 1.0 ”

  • Quick Ratio A ratio of Quick Assets to Current Liabilities of at least 2.00 to 1.00.

  • Adjusted Quick Ratio A ratio of (i) Quick Assets to (ii) Current Liabilities minus the current portion of Deferred Revenue of at least 1.25 to 1.00.

  • Consolidated Fixed Charge Coverage Ratio Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any fiscal quarter of the Borrower to be less than 1.25 to 1.0.

  • Total Net Leverage Ratio Maintain as of the end of each fiscal quarter, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth below: Fiscal Quarter Ending Maximum Total Net Leverage Ratio September 30, 2021 4.25:1.00 December 31, 2021 4.25:1.00 March 31, 2022 Not Tested June 30, 2022 3.50:1.00 September 30, 2022 3.50:1.00 December 31, 2022 3.50:1.00 March 31, 2023 3.50:1.00 June 30, 2023 3.00:1.00 September 30, 2023 3.00:1.00 December 31, 2023 3.00:1.00 March 31, 2024 3.00:1.00 June 30, 2024 3.00:1.00 September 30, 2024 3.00:1.00 December 31, 2024 3.00:1.00 March 31, 2025 3.00:1.00 June 30, 2025 3.00:1.00 December 31, 2025 and each fiscal quarter ending thereafter 3.00:1.00”

  • Fixed Charge Ratio Maintain a Fixed Charge Ratio as determined as of each Calculation Date of not less than 1.50:1. The Fixed Charge Ratio covenant shall be tested by the Administrative Agent as of each Calculation Date with results based upon the results for the most recent Calculation Period, such calculation and results to be verified by the Administrative Agent.

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the end of any fiscal quarter of Holdings to be greater than 2.50 to 1.00.

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