Ratio Amount definition

Ratio Amount means an aggregate principal amount that, after giving Pro Forma effect to the incurrence thereof, in accordance with Section 1.08, would not result in:
Ratio Amount means an aggregate principal amount of any Indebtedness that is incurred pursuant to clause (a) of the “Permitted Ratio Debt” definition.
Ratio Amount has the meaning specified in the definition ofPermitted Incremental Amount”.

Examples of Ratio Amount in a sentence

  • Unless the Borrower elects otherwise, each Incremental Facility will be deemed incurred first under the Incremental Ratio Amount to the extent permitted, with the balance incurred under the Incremental Fixed Amount.

  • If the date for redemption occurs prior to the first Interest Payment Date, a pro rata proportion of an amount equal to the product of the Initial Ratio Amount multiplied by DIR(T)/DIR(0) shall be added to the relevant Interest Amount (in respect of the period from and including the Interest Commencement Date to but excluding the date of redemption of the Notes) (such sum shall be rounded (if necessary) to the nearest euro cent with half a euro cent being rounded upwards).

  • Initial Ratio Amount means the value specified in the applicable Final Terms, if applicable.

  • Each Incremental Amendment executed in connection with an Incremental Facility will identify whether all or any portion of such Incremental Facility is being incurred pursuant to the Incremental Fixed Amount or the Incremental Ratio Amount.

  • The aggregate principal amount of Incremental Facilities on any date Indebtedness thereunder is first incurred (or in the case of Incremental Revolving Facilities, first committed), together with the aggregate principal amount of Incremental Equivalent Debt incurred as of such date, will not exceed an amount equal to the sum of the Incremental Fixed Amount and the Incremental Ratio Amount (the “Incremental Amount”).


More Definitions of Ratio Amount

Ratio Amount means an aggregate principal amount that, after giving Pro Forma Effect to the incurrence thereof, in accordance with Section 1.08 (assuming, in the case of any Incremental Revolving Commitments, a full drawing of such Revolving Commitments and excluding the cash proceeds to the Borrower therefrom), would not result in:
Ratio Amount means an aggregate principal amount that, after giving Pro Forma Effect to the incurrence thereof, in accordance with Section 1.08 (assuming, in the case of any Incremental Revolving Commitments, a full drawing of such Revolving Commitments and excluding the cash proceeds to the Borrower therefrom), would not result in (x) the Senior Secured Net Leverage Ratio being greater than 2.50 to 1.00 or (y) the Total Net Leverage Ratio being greater than 4.75 to 1.00.
Ratio Amount means an aggregate principal amount that, after the incurrence thereof after giving Pro Forma Effect thereto (assuming that any Incremental Revolving Credit Commitments incurred on the date of calculating the Ratio Amount are drawn in full) would not result in the First Lien Senior Secured Leverage Ratio calculated on a Pro Forma Basis as of the end of the most recent Test Period exceeding 5.00:1.00.
Ratio Amount means an aggregate principal amount that, after the incurrence thereof after giving Pro Forma Effect thereto would not result in the Secured Leverage Ratio calculated on a Pro Forma Basis as of the end of the most recent Test Period exceeding 5.50:1.00.
Ratio Amount shall have the meaning assigned to such term in Section 2.24(a).
Ratio Amount means an aggregate principal amount that, after giving Pro Forma Effect to the incurrence thereof, would not result in: (aj) in the case of any Indebtedness to be incurred as Pari Passu Lien Debt, the First Lien Net Leverage Ratio for the applicable Test Period being greater than(A) the Closing Date First Lien Net Leverage Ratio or (B) the First Lien Net Leverage Ratio immediately prior to such incurrence;
Ratio Amount means an aggregate principal amount that, after giving Pro Forma Effect to the incurrence thereof, in accordance with Section 1.09 (assuming, in the case of any Incremental Term Facilities with a delayed draw feature, either (as determined by the Borrower) (i) a full drawing thereof as of the date of receiving commitments in respect thereof or (ii) based on the date and actual amount of funding thereof), would not result in: