Effective Leverage Ratio definition

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

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Effective Leverage Ratio has the meaning set forth in the Fee Agreement.

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

Examples of Effective Leverage Ratio in a sentence

The Effective Leverage Ratio as calculated by the Purchaser in such instances shall be binding on the Fund.
If required, based on such calculations, the Fund shall restore the Effective Leverage Ratio as provided in the Statement.
For purposes of calculating the Effective Leverage Ratio, any Overconcentration Amount has been subtracted from the sum determined pursuant to sub-section (ii) of the definition of Effective Leverage Ratio, set out in Section 2.4(d) of the Statement.
In connection with calculating the Effective Leverage Ratio, the Fund’s Total Assets and accrued liabilities reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s valuation policies in effect as of the Effective Date.
In connection with calculating the Effective Leverage Ratio, the Fund’s Total Assets and accrued liabilities shall reflect the positive or negative net obligations of the Fund under each Derivative Contract determined in accordance with the Fund’s valuation policies in effect as of the Effective Date.

Effective Leverage Ratio means the quotient of:

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 the ratio, as of the last day of the relevant Measurement Period, of Effective Funded Debt to EBITDAR.