Double Leverage Ratio definition
Double Leverage Ratio means, at any time, the ratio of (i) the aggregate investment of the Borrower in capital stock of its Subsidiaries, including its interest in undistributed earnings and intangibles (determined in accordance with GAAP) of its Subsidiaries, to (ii) Consolidated Net Worth of the Borrower.
Double Leverage Ratio means, at any date, the ratio of (a) the sum of (i) the aggregate book value of the Investments of the Company in the capital notes and stock of its Subsidiaries plus (ii) the aggregate book value of intangibles (including, without limitation, purchased mortgage servicing rights and purchased credit card relationships) of the Company at such date to (b) Consolidated Equity at such date.
Double Leverage Ratio means, at any time, as calculated for the Borrower on a parent-only basis in accordance with Agreement Accounting Principles, the ratio of (a) investment in Subsidiaries to (b) the shareholders' equity of the Borrower.
Examples of Double Leverage Ratio in a sentence
The Borrower on a parent-only basis at all times after the date hereof shall maintain a Double Leverage Ratio of not more than 1.15 to 1.0.
The Company will not permit at any time its Double Leverage Ratio to be greater than 1.30 to 1.00.
The Company will not permit at any time its Double Leverage Ratio to be greater than 1.25 to 1.00.
WAMU will not permit the Double Leverage Ratio to exceed 1:30 to 1:00 at any time.
Not permit the Double Leverage Ratio to exceed 1.30 to 1.00 as of the last day of any fiscal quarter.
More Definitions of Double Leverage Ratio
Double Leverage Ratio means, on any date, the ratio of (a) the sum of (i) Intangibles (other than goodwill) with respect to COFC on such date plus (ii) the aggregate investment of COFC on such date in the capital stock of its Subsidiaries as reported pursuant to Section 8.01(a) or 8.01(b) hereof (including COFC’s interest in undistributed earnings of its Subsidiaries), to (b) Net Worth on such date.
Double Leverage Ratio means the ratio of (i) the aggregate investment of the Borrower in capital stock of its Subsidiaries, including its interest in undistributed earnings and intangibles (determined in accordance with GAAP) of its Subsidiaries, to (ii) Consolidated Net Worth of the Borrower.
Double Leverage Ratio means the ratio of
Double Leverage Ratio means, on any date, the ratio of (a) the sum of the Guarantor's Intangibles calculated on an unconsolidated basis on such date plus the amount of the aggregate investment of the Guarantor in the capital stock of its Subsidiaries to (b) the Guarantor's Net Worth on such date;
Double Leverage Ratio means, at any date, the ratio of (a) the sum of (i) the aggregate book value of the Investments of WAMU in the capital notes and stock of its Subsidiaries as at such date plus (ii) the aggregate amount of intangibles (including purchased mortgage servicing rights and purchased credit card relationships) of the Subsidiaries of WAMU as at such date to (b) Consolidated Equity as at such date.
Double Leverage Ratio means, on any date, the ratio of (a) the sum of (i) Intangibles (other than goodwill) on such date plus (ii) the aggregate investment of the Borrower on such date in the capital stock of its Subsidiaries as reported pursuant to Section 8.01(a) or 8.01(b) hereof (including the Borrower’s interest in undistributed earnings of its Subsidiaries), to (b) Net Worth on such date.
Double Leverage Ratio means, on any date, the ratio of (a) the sum of the Original Guarantor's Intangibles calculated on an unconsolidated basis on such date plus the amount of the aggregate investment of the Original Guarantor in the capital stock of its Subsidiaries to (b) the Original Guarantor's Net Worth on such date.