Examples of Effective Leverage Ratio in a sentence

If the Effective Leverage Ratio shall exceed the applicable percentage provided in the preceding sentence as of any time as of which such compliance is required to be determined as aforesaid, the provisions of Section 2.6(b)(ii) shall be applicable, which provisions to the extent complied with shall constitute the sole remedy for the Fund’s failure to comply with the provisions of this Section 2.4(c).
In connection with calculating the Effective Leverage Ratio, the Issuer's total assets and accrued liabilities reflect the positive or negative net obligations of the Issuer under each Derivative Contract determined in accordance with the Issuer's valuation policies.
The Effective Leverage Ratio as calculated by the Purchaser in such instances shall be binding on the Issuer.
If required, the Issuer shall restore the Effective Leverage Ratio as provided in the Statement.
As of the Effective Date, the Fund is in compliance with the Effective Leverage Ratio and the Asset Coverage as required by Section 2.3 of the Variable Rate Mode Supplement.

More Definitions of Effective Leverage Ratio

Effective Leverage Ratio shall have the meaning as set forth in Section 2.4(d).

Effective Leverage Ratio has the meaning set forth in the Articles Supplementary.

Effective Leverage Ratio has the meaning set forth in the Notice.

Effective Leverage Ratio has the meaning set forth in the Variable Rate Mode Supplement.

Effective Leverage Ratio has the meaning set forth in the Supplement.

Effective Leverage Ratio has the meaning set forth in the Statement of Preferences.

Effective Leverage Ratio means, as of any date of determination, the ------------------------ ratio of (a) the excess of (i) Funded Debt over (ii) $5,000,000, divided by (b) ---- ---------- Operating Cash Flow, for the four fiscal quarters then most recently ended.