Adjusted Equity Ratio definition

Adjusted Equity Ratio means (i) Equity to (ii) Total Assets minus Cash and Cash Equivalents (Cash and Cash Equivalents shall, for the purpose of Adjusted Equity Ratio only, include the cash standing to the credit of the Proceeds Account).

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Adjusted Equity Ratio means Equity – goodwill

Adjusted Equity Ratio means, at any time, the ratio of (A) the sum of (I) the Net Worth of the Parent Guarantor and its Subsidiaries on a consolidated basis plus (II) 50% of the aggregate principal amount of Subordinated Indebtedness outstanding at such time to (B) the total value of the assets of the Parent Guarantor and its Subsidiaries on a consolidated basis as shown on the Parent Guarantor's then most recent quarterly consolidated balance sheet.

Examples of Adjusted Equity Ratio in a sentence

• The Minimum Value Adjusted Equity Ratio of the Guarantor (on a consolidated basis) was [•].

• The Guarantor shall at all times maintain a minimum Value Adjusted Equity Ratio of thirty per cent (30.00%).

• The covenant in Clause 20.2.1 (Minimum Value Adjusted Equity Ratio) is thus [not] satisfied.

• The Company shall not create, issue, incur, assume, guarantee or otherwise become directly or indirectly liable for the payment of, contingently or otherwise (collectively, “incur”), any Indebtedness, unless the Company’s Value Adjusted Equity Ratio, determined on a pro forma basis as if the Indebtedness had been incurred prior to the determination of such ratio (including a pro forma application of the net proceeds therefrom), is a minimum of 25.00%.

• The Value Adjusted Equity Ratio of the Borrower shall at all times during the Security Period be minimum forty-five per cent (45.00%) and the covenant in Clause 22.2.2 (Minimum Value Adjusted Equity Ratio) is thus [not] satisfied.

• The Borrower shall at all times during the Security Period maintain a Value Adjusted Equity Ratio of minimum forty-five per cent (45.00%).

• The Borrowers shall procure that the Guarantor (on a consolidated basis) shall at all times during the Security Period maintain a minimum Value Adjusted Equity Ratio of minimum thirty per cent (30.00%).

• The Value Adjusted Equity Ratio of the Parent shall at all times during the Security Period be minimum twenty-five per cent (25.00%) and the covenant in Clause 23.2.2 (Minimum Value Adjusted Equity Ratio) is thus [not] satisfied.

• The Parent shall at all times during the Security Period maintain a Value Adjusted Equity Ratio of minimum twenty-five per cent.

• The Borrower shall at all times during the Security Period maintain a Value Adjusted Equity Ratio of minimum thirty-five per cent (35.00%).

More Definitions of Adjusted Equity Ratio

Adjusted Equity Ratio has the meaning specified in Section 8(a) of the UBN Parent Guaranty.

Adjusted Equity Ratio means Equity divided by Total Assets excluding Cash and Cash Equivalents according to the Accounting Principles.

Adjusted Equity Ratio has the meaning specified in Section 8(a).

Adjusted Equity Ratio means the ratio of Adjusted Equity to Adjusted Total Assets.

Adjusted Equity Ratio means total equity owned by shareholders of the Company / (total