Balancing Ratio definition

Balancing Ratio shall have the meaning provided in Tariff, Attachment DD, section 10A.
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Balancing Ratio shall have the meaning provided in section 10A.
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Balancing Ratio means, as of any time of determination, the ratio of (a) the outstanding balance of Term Loan A as of such time to (b) the sum of the Revolving Commitment, the outstanding balance of Term Loan A, and the outstanding balance of Term Loan B, each as of such time.
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Examples of Balancing Ratio in a sentence

  • Balancing Ratio is a ratio used in calculating the Capacity Performance Payment in the Forward Capacity Market, as described in Section III.13.7.2.3 of Market Rule 1.

  • In addition, any reduction in the Revolving Commitment required or permitted under Section 2.17 or otherwise required hereunder shall be accompanied by a payment (a "Balancing Payment") on Term Loan A in an amount sufficient to cause the Balancing Ratio prior to such reduction and payment to be equal to the Balancing Ratio after giving effect to such reduction and payment.

Related to Balancing Ratio

  • Funding Ratio means: (a) for a Governmental Plan Investor or other plan not covered by clause (b) below, the total net fair market value of the assets of the plan over the actuarial present value of the plan’s total benefit liabilities, as reported in such plan’s most recent audited financial statements; and (b) for a Pension Plan Investor that is subject to Form 5500 – series reporting requirements, the funding target attainment percentage reported on Schedule SB to the Form 5500 or the funded percentage for monitoring the plan’s status reported on Schedule MB to the Form 5500, as applicable, as reported on the most recently filed Form 5500 by such Pension Plan Investor with the United States Department of Labor.

  • Sharing Ratio means, subject in each case to adjustments in accordance with this Agreement or in connection with Dispositions of Membership Interests, (a) in the case of a Member executing this Agreement as of the date of this Agreement or a Person acquiring such Member’s Membership Interest, the percentage specified for that Member as its Sharing Ratio on Exhibit A and (b) in the case of Membership Interests issued pursuant to Section 3.1, the Sharing Ratio established pursuant thereto; provided, however, that the total of all Sharing Ratios shall always equal 100%.

  • Pricing Ratio on any date, the ratio of Consolidated Total Debt on such date to Annualized Borrower EBITDA for the fiscal quarter most recently ended prior to such date.

  • percentage ratios has the meaning ascribed to it under the Listing Rules;

  • Percentage Ratio means with respect to a Trust, the percentage relationship among the Securities based on the number of contracts of each Option per Unit, the principal amount of each Bond per Unit and the number of shares of each Equity Security per Unit compared to all Securities attributable to each Unit existing immediately prior to the related additional deposit of Securities. The Percentage Ratio shall be adjusted to the extent necessary, and may be rounded, to reflect the occurrence of a stock dividend, a stock split or a similar event which affects the capital structure of the issuer of a security."