Financial Ratio means any financial ratio or financial covenant set out in the letter of offer;

Financial Ratio means the ratio of Net Financial Debt to Adjusted EBITDA.

Financial Ratio means (individually and collectively) the ratios and covenants set out in clause 17.

Examples of Financial Ratio in a sentence

See Market Capitalization and Financial Ratio section for detail calculation.
Financial Ratio CalculationA major item to determine the financial stability of a P&C insurer is the calculation of financial stability ratios measured against our financial stability test.
As with the original IRIS ratios report, the IRIS Financial Ratio Results Report will be made available to the states and will be sent electronically to the Company’s Current Financial Statement Contact person via e-mail.
As soon as the NAIC calculates an insurer's IRIS ratios, the IRIS Financial Ratio Results Report will be made available to the states and will be sent electronically to the Company’s Current Financial Statement Contact person via e-mail.
Terms used in the Financial Ratio Compliance Certificate that are not defined herein shall have the meaning given to them in the Master Definitions and Construction Schedule dated 8 October 2014.

More Definitions of Financial Ratio

Financial Ratio and “Financial Ratio Test Period” are defined in the Margining Agreement.

Financial Ratio means the Interest Coverage Ratio, the Leverage Ratio or the Senior Secured Leverage Ratio.

Financial Ratio to read as follows:

Financial Ratio means the Leverage Ratio.

Financial Ratio means the sum of the Total Debt (as defined in Section 6.2(d) hereof) of the Company plus the product of the Company's rent expense, including common area charges but excluding taxes and insurance, related to all operating leases ("Rental Expense") multiplied by eight (8), as such sum is divided by EBITDAR. "EBITDAR" means Adjusted EBITDA plus Rental Expense of the Company.