Effective Leverage Ratio definition

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

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

Effective Leverage Ratio means the quotient of:

Examples of Effective Leverage Ratio in a sentence

• The Effective Leverage Ratio as calculated by Banc of America so long as Banc of America holds AMTP Shares in such instances shall be binding on the Fund.

• 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.

• If required, the Fund 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 2.4 of the Statement.

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 shall have the meaning set forth in the Fee Agreement.

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

Effective Leverage Ratio has the meaning set forth in the Certificate of Designation.