Burn Rate definition

Burn Rate means the number of Options issued by the Company each year, expressed as a percentage of the issued and outstanding Common Shares of the Company at the end of the fiscal year;
Burn Rate means the sum of the number of shares subject to time-vesting equity awards granted and the number of performance-vesting shares earned in the fiscal year (using a 1.5x multiplier for each RSU or PSU award), divided by basic weighted average common shares outstanding during the fiscal year.
Burn Rate means, as of any date of determination, the average monthly net decrease in cash used in operating activities for the most recently reported quarter, as reported by the most recently published Annual Report on Form 10- K or Quarterly Report on Form 10-Q by the Company.

Examples of Burn Rate in a sentence

  • As of the Closing Date, the projected Cash Burn Rate of eSylvan (based on the then most recent budget as adjusted for actions taken subsequent to the date thereof) for the one year period following the Closing Date is not greater than $4,000,000.

  • To the extent that the actual Fuel Burn Rate exceeds the Planned Fuel Burn Rate for any month, then Midwest will calculate the Excess Fuel Cost as follows: Midwest will invoice SkyWest for the Excess Fuel Cost, if any, on a monthly basis, and deduct any Excess Fuel Cost from the next payment due to SkyWest pursuant to Section 5.02(b).

  • Only Base Points and Additional Points that expire after twelve (12) months are taken into consideration when calculating the Burn Rate.

  • Midwest will calculate the actual Fuel Burn Rate each month based on the information from Sections 5.05(a) and (b), as well as the actual fuel price paid, inclusive of all taxes and into-plane fees, and net of any hedge benefit or detriment.

  • Midwest’s obligation for payment for fuel, pursuant to Sections 5.05(a) and (b) is limited to the Planned Fuel Burn Rate.


More Definitions of Burn Rate

Burn Rate shall have the meaning ascribed to it in Section 2.4(a) hereof.
Burn Rate means a measure of dilution as further set forth in Section 7(c).
Burn Rate will be defined as the decrease in cash, cash equivalents and short term investments during the quarter. The "burn rate" covenant will be measured quarterly, however if the coverage falls below three times (3x) the most recent quarterly burn rate, the covenant will then be measured monthly.
Burn Rate means, for any fiscal quarter of Ganeden, the net reduction, if any, in cash of Ganeden (taken together with any subsidiaries, as applicable) required to be reflected on Ganeden’s statement of cash flows as cash flows from operating activities and cash flows from investing activities taken together (but excluding cash flows from financing activities), calculated in accordance with GAAP, but excluding any Extraordinary Advertising Expenditures which are duly reflected on any applicable Extraordinary Advertising Expenditures Certification with respect to such fiscal quarter.
Burn Rate means the rate at which an entity uses up its capital to finance overhead (excluding interest payments on outstanding debt) before generating positive cash flow from operations (i.e., a measure of negative cash flow).
Burn Rate means, as of any date of determination, the Cash Burn for the four consecutive Fiscal Quarters most recently ended.
Burn Rate means, with respect to any Account Debtor, all proceeds deducted by all outflows, excluding debt/equity inflows, averaged for a period as will be determined by the Investment Manager.