Prescribed Margin Level definition

Prescribed Margin Level means an overall profit margin of at least twenty-two and one-half percent (22.5%) on Net Sales, when comparing the Net Sales to their "cost of goods sold", except that, after June 30, 2003, that overall profit margin figure shall be increased to twenty-three and one-half percent (23.5%)"
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Prescribed Margin Level is modified as follows:
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Related to Prescribed Margin Level

  • Margin Level means the percentage Equity to Necessary Margin ratio. It is calculated as (Equity / Necessary Margin) * 100%.

  • Маrgin Level for CFD trading shall mean the percentage of Equity to Necessary Margin ratio. It is calculated as: Margin Level = (Equity / Necessary Margin) x 100%.

  • Pricing Level refers to the determination of which of Level I, Level II, Level III, Level IV, Level V or Level VI applies at any date.

  • Applicable ABR Margin means, at any date:

  • Pricing Level V any time when (i) the senior unsecured long term debt rating of the Borrower by (x) S&P is BBB‑ or higher or (y) ▇▇▇▇▇’▇ is Baa3 or higher and (ii) none of Pricing Level I, Pricing Level II, Pricing Level III or Pricing Level IV applies.