Double Leverage Sample Clauses

The Double Leverage clause addresses the situation where a parent company funds its investment in a subsidiary using borrowed money, effectively leveraging its equity investment twice. In practice, this clause typically outlines how the parent’s use of debt to finance its ownership stake impacts financial ratios, regulatory capital calculations, or reporting requirements. By clarifying how double leverage is treated, the clause ensures transparency and prevents the artificial inflation of capital or equity positions, thereby maintaining accurate risk assessment and regulatory compliance.
Double Leverage. Permit at any time the ratio of (a) the sum of Equity Investments in Subsidiaries and the Intangibles of Popular and its consolidated Subsidiaries, in each case determined as of such time, to (b) Consolidated Net Worth less the goodwill of Popular and its consolidated Subsidiaries (determined on a consolidated basis in accordance with GAAP), in each case determined as of such time, to exceed 125%.
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Double Leverage. Permit at any time the ratio of (a) the sum of the Equity Investment in the Subsidiaries and the Intangibles of the Borrower to (b) Consolidated Net Worth to be more than 1.30 to 1.
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Double Leverage. Not permit at any time the Double Leverage Ratio of the Borrower and its Subsidiaries to be greater than 1.15 to 1.0
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Double Leverage. 47 ARTICLE VII
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Related to Double Leverage

  • Maximum Leverage Permit, as of any fiscal quarter end, the ratio of (a) Adjusted Portfolio Equity as of such fiscal quarter end to (b) Funded Debt as of such fiscal quarter end, to be less than 5.00 to 1.00.

  • Leverage The Fund has no liability for borrowed money or under any reverse repurchase agreement.

  • Debt Ratio Permit the Debt Ratio at the last day of any fiscal quarter to be greater than the ratio set forth below opposite the fiscal quarter during which such fiscal quarter occurs: Fiscal Quarter Ending Ratio --------------------- ----- December 31, 1999 4.75 March 31, 2000 4.75 June 30, 2000 4.75 September 30, 2000 4.50 December 31, 2000 4.50 March 31, 2001 4.50 June 30, 2001 4.50 September 30, 2001 3.75 December 31, 2001 3.75 March 31, 2002 3.75 June 30, 2002 3.75 September 30, 2002 3.25 and thereafter

  • Senior Leverage Ratio The Borrower shall not permit its Senior Leverage Ratio at any time to exceed 2.75 to 1.00.

  • Mileage Measurement Where required, the mileage measurement for LIS rate elements is determined in the same manner as the mileage measurement for V&H methodology as outlined in NECA Tariff No. 4.