Ratio Incurrence definition

Ratio Incurrence has the meaning assigned to such term in Section 1.11(d).
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Ratio Incurrence has the meaning assigned to such term in Section 1.11(d). “Ratio Indebtedness” has the meaning assigned to such term in Section 6.01(a)(xix)(A). “Receivables Subsidiary” means any Special Purpose Entity established in connection with a Permitted Receivables Financing and any other subsidiary (other than any Loan Party) involved in a Permitted Receivables Financing which is not permitted by the terms of such Permitted Receivables Financing to guarantee the Secured Obligations or provide Collateral. “Refinance” or a “Refinancing” or “Refinanced” has the meaning assigned to such term in the definition of “Permitted Refinancing.” “Refinanced Indebtedness” has the meaning assigned to such term in the definition of “Permitted Refinancing.” “Refinanced Credit Agreement Debt” has the meaning assigned to such term in the definition of “Credit Agreement Refinancing Indebtedness.” “Refunding Equity Interests” has the meaning assigned to such term in Section 6.08(a)(iv). “Register” has the meaning assigned to such term in Section 9.04(b)(iv). “Registered Equivalent Notes” means, with respect to any notes originally issued in a Rule 144A or other private placement transaction under the Securities Act, substantially identical notes (having substantially the same Guarantees) issued in a Dollar-for-Dollar exchange therefor pursuant to an exchange offer registered with the SEC.
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Ratio Incurrence has the meaning assigned to such term in Section 1.11(d). “Ratio Indebtedness” has the meaning assigned to such term in Section 6.01(a)(xix)(A). “Receivables Subsidiary” means any Special Purpose Entity established in connection with a Permitted Receivables Financing and any other subsidiary (other than any Loan Party) involved in a Permitted Receivables Financing which is not permitted by the terms of such Permitted Receivables Financing to guarantee the Secured Obligations or provide Collateral. 69 US-DOCS\115047431.4127573765.6
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Examples of Ratio Incurrence in a sentence

  • Notwithstanding the above-said, the Issuer and may make a Restricted Payment, if: (e) no Event of Default is continuing or would occur as a result of such Restricted Payment; and (f) the Equity Ratio Incurrence Test is met.

  • The incurrence of additional Indebtedness under the Credit Agreement will not cause the Borrowers to violate the Leverage Ratio Incurrence Test set forth in Section 5.10 of the Subordinated Indenture (including the notice requirements thereof).

  • EBITDA (LTM)Leverage Ratio Incurrence Level (5x max)CFADS (LTM) Annualized Debt ServiceDSCR Incurrence Level (2x min) (1) DSCR and Leverage Ratio (Non-guarantor combined leverage ratio) as defined in Bond Indenture.Please see slide 31 for calculation of Bond Indenture Leverage Ratio, including Proportionate Adjusted EBITDA and NGPTI (Non-Guarantor Proportionate Total Indebtedness) .

  • Notwithstanding anything to the contrary herein, the aggregate amount of the Incremental Term Loans and the Revolving Commitment Increases after the Restatement Effective Date shall not exceed $100,000,000, except to the extent that on any Incremental Facility Closing Date on which such excess is incurred, such excess can be incurred by the Borrower and the Restricted Subsidiaries in compliance with the Senior Secured Leverage Ratio Incurrence Test.

  • Objectives of the FIVIMS-EASP Overall goal: Inter-agency agreement on a revisited and updated vision and mandate in support of strengthening food insecurity and vulnerability information and mapping systems, and on recommended strategies and priority activities through a careful and critical analysis of strengths, opportunities, weaknesses and constraints of the FIVIMS Initiative to date.

  • The Central Florida Foundation suggests allowing four weeks to complete the portrait.


More Definitions of Ratio Incurrence

Ratio Incurrence has the meaning assigned to such term in Section 1.11(d). 68 US-DOCS\115047431.4
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Related to Ratio Incurrence

  • Debt Incurrence means any issuance or sale by the Borrower or any of its Subsidiaries of any Debt after the Closing Date other than Permitted Debt.

  • Incurrence when used as a noun shall have a correlative meaning. The accretion of principal of a non-interest bearing or other discount security shall not be deemed the Incurrence of Indebtedness.

  • Consolidated Indebtedness means at any time the Indebtedness of the Borrower and its Subsidiaries calculated on a consolidated basis as of such time.

  • Consolidated Funded Indebtedness means Funded Indebtedness of the Borrower and its Subsidiaries on a consolidated basis determined in accordance with GAAP.

  • Consolidated Outstanding Indebtedness means, as of any date of determination, without duplication, the sum of (a) all Indebtedness of the Consolidated Group outstanding at such date, determined on a consolidated basis in accordance with GAAP (whether recourse or non-recourse), plus, without duplication, (b) the applicable Consolidated Group Pro Rata Share of any Indebtedness of each Investment Affiliate other than Indebtedness of such Investment Affiliate to a member of the Consolidated Group.

  • Consolidated Senior Secured Net Leverage Ratio means, for any Measurement Period, the ratio of (a) Consolidated Senior Secured Net Debt for Borrowed Money to (b) Consolidated EBITDA, in each case for such period.

  • Consolidated Interest Coverage Ratio means, as of any date of determination, the ratio of (a) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date to (b) Consolidated Interest Expense for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date.

  • Consolidated Coverage Ratio means as of any date of determination, with respect to any Person, the ratio of (x) the aggregate amount of Consolidated EBITDA of such Person for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which financial statements are internally available to (y) Consolidated Interest Expense for such four fiscal quarters; provided, however, that:

  • Consolidated EBIT means, for any period, the Consolidated Net Income for such period, before interest expense and provision for taxes based on income and without giving effect to any extraordinary gains or losses or gains or losses from sales of assets other than inventory sold in the ordinary course of business.

  • Consolidated EBITDAR means, for any period, Consolidated EBITDA for such period plus, to the extent deducted in determining Consolidated EBITDA for such period, Consolidated Rental Expense.

  • Funded Indebtedness means, as to any Person at a particular time, without duplication, all of the following, whether or not included as indebtedness or liabilities in accordance with GAAP:

  • Consolidated Secured Net Leverage Ratio means, with respect to any four-quarter period, the ratio of (a) Consolidated Secured Net Debt as of the last day of such period to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries for such period.

  • Consolidated Senior Secured Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Senior Secured Indebtedness on such date to (b) the sum, without duplication, of (i) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date plus (ii) the amount of Specified Non-Recurring Charges taken during the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date.