Examples of Operating Leverage Ratio in a sentence
As of the end of the fiscal ------------------------ quarters of the Borrowing Group ending June 30 and September 30 of each year, Borrowers shall not cause or permit the Operating Leverage Ratio to be less than 3.50 to 1.00.
Maintain on a consolidated basis an Operating Leverage Ratio not exceeding the ratios indicated for each period specified below:Period Maximum Ratio From the date hereof 3.75 to 1.0 through 12/29/07 From 12/30/07 4.25 to 1.0 through 12/27/08 From 12/28/08 6.0 to 1.0 through 12/26/09 From 12/27/09 4.75 to 1.0 through 12/25/10 From 12/26/11 3.75 to 1.0 and thereafter This ratio will be calculated at the end of each fiscal quarter using the results of the twelve-month period then ended.
Holding Company and its Subsidiaries shall have, on a consolidated basis, at the end of each Fiscal Quarter, an Operating Leverage Ratio as of the last day of such Fiscal Quarter for the 12-month period then ended, of not more than 3.00 to 1.00.
Radian shall cause RII at all times to have a maximum Operating Leverage Ratio of twenty.
The Borrower will not permit the Operating Leverage Ratio at the end of any fiscal quarter for (i) HIC, on a combined statutory basis, and (ii) VIK, on a combined statutory basis, in each case to be greater than 3.00 to 1.