Adjusted Debt Yield definition

Adjusted Debt Yield as of any date of determination, the percentage obtained by dividing:
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Examples of Adjusted Debt Yield in a sentence

  • Permit the Adjusted Debt Yield as at the last day of any calendar month, if, as of any date during such calendar month, any Loans or Reimbursement Obligations were outstanding or any Letters of Credit were outstanding that were not Cash Collateralized in an amount not less than the Minimum Collateral Amount, to be less than 9.00%.

  • Permit the Adjusted Debt Yield as at the last day of any calendar month to be less than 9.00%.

Related to Adjusted Debt Yield

  • Adjusted Debt means, as of any date, the sum of (i) all Adjusted Indebtedness of the Company and its Subsidiaries on a Consolidated basis on such date and (ii) (x) Rent Expense for the four consecutive fiscal quarter period ended immediately prior to such date or then ending in respect of which financial statements have been delivered pursuant to Section 7.1(a) or 7.1(b) multiplied by six (6).

  • Debt Yield means, as of any date of determination, a fraction expressed as a percentage in which:

  • Adjusted Leverage Ratio means, on any date of determination, the ratio of (i) Adjusted Liabilities to (ii) Tangible Net Worth.

  • Consolidated Adjusted Debt means, at any time, the sum of, without duplication, (i) Consolidated Funded Indebtedness and (ii) the product of Consolidated Rents multiplied by 6.0.

  • Funded Debt Ratio means, as of any date, the ratio of (a) Funded Debt as of such date to (b) EBITDA, as calculated for the four consecutive fiscal quarters of the Company most recently ended.