Minimum Ratio definition

Minimum Ratio means as of any Settlement Report Date and continuing until (but not including) the next Settlement Report Date, an amount (expressed as a percentage) equal to the greater of:

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Minimum Ratio means, as of any Settlement Report Date and continuing until (but not including) the next Settlement Report Date, the sum of (i) 10% and (ii) 2.5% for each customer designated as a Special Obligor.

Minimum Ratio. The ratio of: (a) the sum of (i) the most recent Mortgaged Property Market Value, and (ii) the most recent Riverbank Project Value to (b) the Note Indebtedness for the quarter ended on the Statement Date was ___:1.00 which was in compliance with the requirement under Section 2(l) of Exhibit B to the Limited Guaranty.

Examples of Minimum Ratio in a sentence

• Commission Regulation (EC) No 104/2004 of 22 January 2004 laying down rules on the organisation and composition of the Board of Appeal of the European Aviation Safety Agency.

• On each Settlement Report Date (commencing with the Settlement Report Date occurring in December 1997), the Servicer shall deliver to the Trustee and the Agent a Monthly Settlement Statement in the Form of Exhibit E setting forth, among other things,, the Dilution Reserve Ratio, the Minimum Ratio, the Carrying Cost Reserve Ratio and the Servicing Reserve Ratio, each as recalculated for the next succeeding Settlement Period.

• 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] [.80 to 1.00]1 * For four fiscal quarter period ending on last day of Subject Period.

• 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] [.80 to 1.00]1 * For four fiscal quarter period ending on last day of Subject Period.

• Such written notice to Landlord will be accompanied by a certificate of an officer of Tenant wherein Tenant represents and warrants to Landlord that Tenant’s obtaining the loan to be secured by such new Leasehold Mortgage will not cause Tenant to violate the Minimum Ratio Requirements.

More Definitions of Minimum Ratio

Minimum Ratio means, on any Monthly Report Date and continuing until (but not including) the next Monthly Report Date, the sum of (i) 12.0% (which represents the loss reserve floor); provided, however that from and after the occurrence of a Ratings Downgrade Event this clause (i) shall be 15.0%, plus (ii) the product of (A) the average Dilution Ratio over the twelve (12) Monthly Settlement Periods preceding such Monthly Report Date, and (B) the Dilution Period.

Minimum Ratio means, as of any Settlement Report Date and continuing until (but not including) the next Settlement Report Date, an amount (expressed as a percentage) which is calculated as follows: MR = a + (b * c) Where: MR = Minimum Ratio;

Minimum Ratio means 5.0%.

Minimum Ratio means, as of any Settlement Report Date and continuing until (but not including) the next Settlement Report Date, an amount (expressed as a percentage) which is calculated for Class A or Class B Certificates, as the case may be, as follows: MR = (a * b) + c Where: MR = Minimum Ratio; a = the average of the Dilution Ratio during the period of the twelve consecutive Settlement Periods ending prior to such earlier Settlement Report Date; b = the Dilution Horizon Factor; and c = with respect to the Class A Certificates, 22.5%, with respect to the Class B Certificates, 14.5%.

Minimum Ratio is as defined in Section 8.2(b).

Minimum Ratio means, as of any Settlement Report Date and continuing until (but not including) the next Settlement Report Date, an amount (expressed as a percentage) that is calculated for the Class A Certificates, the Class B Certificates or the Class C Certificates, as the case may be, as follows: MR = (a * b) + c + d Where: MR = Minimum Ratio; a = the average of the Dilution Ratio during the period of the twelve consecutive Settlement Periods ending prior to such earlier Settlement Report Date; b = the Dilution Period; c = with respect to Class A Certificates, 15.0%, with respect to Class B Certificates, 12.0%, and with respect to the Class C Certificates, 9.0%; and d = the Government Obligor Factor.

Minimum Ratio means, as of any Settlement Report Date and continuing until (but not including) the next Settlement Report Date, an amount (expressed as a percentage) which is calculated for either the Class A Certificates or the Class B Certificates, as the case may be, as follows: MR = (a * b) + c