OC Ratio definition

OC Ratio means, as of any Business Day, the ratio of (a) the Borrowing Base to (b) the sum of (x) the Dollar Equivalent of the aggregate outstanding principal balance of the Advances and (y) the Dollar Equivalent of the aggregate purchase price of all Collateral Loans for which the Borrower has entered into a binding commitment to purchase that have not yet settled.

OC Ratio means, as of any Business Day,

OC Ratio means the ratio calculated as:

Examples of OC Ratio in a sentence

• The Borrower shall not accept equity contributions from the Equityholder or OC Ratio Posting Payments in excess of $600,000,000 in the aggregate.

• The Division does not allege that Zohar I ever “failed the OC Ratio test even if the collateral had been categorized correctly.” Div.

• Although the residential sector is only responsible for some 8% of energy consumption, it is responsible for 18% of the emissions for the Western Cape (Figure 7), again showing the carbon-intensive nature of the South African electricity supply.

• The module one-shots the freeze commands from the Master, enable the movement of the buffers only if the Master has previously issued a read to the previously frozen buffer.

• MSE manufacturing (especially metal and wood working) and construction tend to be more successful than other sectors in the Ethiopian context.

More Definitions of OC Ratio

OC Ratio means the ratio calculated as:- the Aggregate Asset Amount,- divided by Aggregate Privileged Notes Outstanding Principal Amount.

OC Ratio means, as of any Business Day, the percentage calculated by dividing (a) the Borrowing Base by (b) the sum of (x) the Outstanding Principal Amount of the Loans and (y) the aggregate Purchase Price of all Assets not yet settled for which the Borrower has entered into a commitment to purchase.

OC Ratio means, as of any Business Day, the percentage calculated by dividing the Borrowing Base by the sum (without duplication) of (x) the Outstanding Principal Amount of the Loans and (y) the aggregate Purchase Price of all Assets not yet settled for which any Borrower Party has entered into binding commitments to purchase.

OC Ratio means, as of any Business Day, the percentage calculated by dividing (a) the Borrowing Base by

OC Ratio or any component thereof defined therein (in each case, other than any administrative, non-material amendment agreed to by the Borrower and the Administrative Agent); (h) modify in any other manner the number or percentage of the Lenders required to make any determinations or waive any rights hereunder or to modify any provision hereof or (i) extend the Reinvestment Period, in each case to the extent such amendment, modification, waiver or supplement relates to such Lender.

OC Ratio means, as of any Business Day, the ratio of (a) the Borrowing Base to

OC Ratio means, as of any Business Day, the ratio of (a) the Borrowing Base to (b) the OC Ratio Denominator. “OC Ratio Breach” means, on any Business Day, a failure of the Minimum OC Coverage Test.