Annualized Contract Value definition
Examples of Annualized Contract Value in a sentence
Permit the ratio of (a) Annualized Contract Value as of the last day of any fiscal quarter to (b) Consolidated Total Debt as of the last day of such fiscal quarter, to be less than 1.25 to 1.00.
The Borrower will not permit the ratio of (a) Annualized Contract Value as of the last day of any fiscal quarter to (b) Consolidated Funded Debt as of the last day of such fiscal quarter, to be less than 1.25 to 1.00.
The Borrower will not permit Annualized Contract Value as of the last day of any fiscal quarter to be less than $350 million.
Annualized Contract Value to Total Balance Sheet Indebtedness.........
Annualized Contract Value to Total Balance Sheet Indebtedness ..........................................
Not less than 30 (thirty) days prior to expiry of a Performance Security, the Contractor shall furnish an extended, renewed or replacement Performance Security to the Authority, failing which the Authority shall be entitled to, after giving 5 (five) days’ 2 shall be 5 (five) % of Estimated Annualized Contract Value notice to the Contractor, draw down the full remaining value of the Performance Security, and hold the amount as security for performance of the Contractor’s obligations under this Agreement.
Minimum Annualized Contract Value ...................................
Minimum Annualized Contract Value.....................................