LTL Ratio definition

LTL Ratio means the loan-to-lending limit ratio expressed as a percentage, calculated in accordance with the formula:-
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Examples of LTL Ratio in a sentence

  • For clarity, (i) only cleared funds deposited into and available in the Securities Margin Settlement Account will be taken into account in determining the Loan, the LTV Ratio, the LTL Ratio and whether you have satisfied a Margin Call, and (ii) any other deposit or cash account you maintain with us will not be taken into account.

Related to LTL Ratio

  • Total Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Margin Ratio is the percentage of the value of the Collateral up to which the Customer is permitted to borrow (or otherwise to secure other forms of financial accommodation) from the Company against the Collateral.

  • Total Debt to EBITDA Ratio means, as of the last day of any Fiscal Quarter, the ratio of (a) Total Debt as of such day to (b) EBITDA for the Computation Period ending on such day.

  • Maximum Leverage Ratio shall have the meaning assigned thereto in the Pricing Side Letter.