Examples of Minimum Ratio in a sentence
Consolidated Adjusted Pre-Tax Income* $ (1) Aircraft Rentals* $ (2) Net Interest Expense* $ (3) Depreciation and amortization* $ (4) Cash dividends paid* $ (5) Sum of lines (1), (2), (3), and (4), minus line (5) $ (6) Net Interest Expense* $ (7) Aircraft Rentals* $ (8) Sum of lines (7) and (8) $ (9) Ratio of line (6) to line (9) to Minimum Ratio 1.25 to 1.00 * For four fiscal quarter period ending on last day of Subject Period.
The RPT Special Purpose Wrap Agreement requires a minimum ratio of 2.5 to 1.0 of market value of Permitted Securities to the total unamortized unrealized and realized losses with respect to the Downgraded Securities (the Minimum Ratio).13 This Minimum Ratio is designed to ensure that the Type D1 Account receives sizeable investment gains, which, in turn, would enable a more rapid amortization of the losses included in the RPT Special Purpose Wrap Agreement.
Annual Rye Grass/Unhulled Bermuda – Minimum Ratio 50 lbs/6 lbs per acre.
Figure 8: Base Case Projections: Minimum Ratio of Ending Fund Balance/Next Years’ Expenses by Major Equipment Type for 2010-2019Minimum Asset TypeRatio • An alternate Base Case projection, using 3.5% inflation instead of 2.5% inflation, provides an alternate test of the adequacy of the Fund’s cash reserves.
The Minimum Ratio will be monitored on a daily basis, and if it drops below 2.5 to 1.0, BlackRock Advisors will correct the ratio within 10 business days either by moving additional Permitted Securities into the Type D1 Account or by selling Downgraded Securities and using the proceeds of those sales to reinvest in Permitted Securities.