Required Ratio definition

Required Ratio has the meaning set forth in Section 7.11(a).
Required Ratio means 2 to 1.
Required Ratio means the largest of the following

Examples of Required Ratio in a sentence

  • Proposed Minimum Required Ratio or BufferResolution Entity IHCs (MPOE Strategy) Furthermore, for the reasons set forth in the U.S. G-SIB Comment Letter, the Associations believe that the Federal Reserve should reduce the minimum TLAC requirements applicable to resolution entity IHCs to the reduced levels proposed for covered BHCs in that letter, excluding any G-SIB surcharges or any SLR enhancements.

  • Proposed Minimum Required Ratio or BufferResolution Entity IHCs (MPOE Strategy) Finally, the Associations believe that resolution entity IHCs that are subject to the SLR should only be required to calculate and comply with the TLAC risk-based and SLR ratios, and not the TLAC on-balance-sheet leverage ratios.

  • As of the date of the Settlement Note and Security Agreement, the Company will pledge to and grant to the Class a security interest in all rights, title and interests of NWI in and to the property described as its accounts receivable, which shall be set forth and defined in the Security Agreement as the “Collateral” for the Settlement Note and as consistent with the Required Ratio.

  • Other Funds Required: Ratio of private funds to Commercial Development Revolving Loan Funds (minimum threshold: $2.00 private funds, $1.00 Commercial Development Revolving Loan Fund).

  • Required Ratio Minimum Percent of Refueling of Tankers to Number of Onload of Fuel B–52’s Full Point Each B–52 KC–97s per B–52 (lbs) Fuel Load Goose Bay2:1+1+112103,80012.7Morocco5:1+1+127138,00056.7Dharahn4:1+1+114164,30067.6Philippines2:1+1+108063,80026.0Guam5:1+1+117180,80074.4Appendix 4KC–135 Fuel TanksA KC–135 can carry 16,848 gallons (109,512 lbs) of fuel in its wing tanks, 12,178 gallons (79,157 lbs) in its below-decks cabin tanks, and 2,174 gallons (14,131 lbs) in its “tail cone” tank.


More Definitions of Required Ratio

Required Ratio means, on any date of determination with respect to any incurrence of Indebtedness under Sections 9.2(f), 9.2(g) (except for the Specified Secured Senior Notes), 9.2(i) and 9.2(l), for the applicable Measurement Period, the ratio of (x) Consolidated Total Indebtedness (net of Unrestricted Cash, only in the event that the aggregate principal amount of Loans outstanding on such date does not exceed $10,000,000) as of the end of such period to (y) Consolidated EBITDA for the applicable Measurement Period shall: (1)(i) with respect to incurrence of Indebtedness under Sections 9.2(f), 9.2(g) (except for the Specified Secured Senior Notes) and 9.2(l), not exceed 2.0 to 1.0 and (ii) with respect to incurrence of Indebtedness under Section 9.2(i), not exceed 3.0 to 1.0 or (2) with respect to any such Indebtedness incurred in connection with a Permitted Acquisition or any other Investment permitted under this Agreement, not exceed (A) such ratio existing immediately prior to the incurrence of such Indebtedness and the consummation of such Permitted Acquisition or Investment permitted under this Agreement or (B) 3.0 to 1.0; provided that, in each case, (A) all pro forma calculations of such ratio within this definition shall include only those adjustments that are based on reasonably detailed written assumptions reasonably acceptable to the Administrative Agent and (B) for any Indebtedness incurred in connection with Sections 9.2(f) or 9.2(i) or a Permitted Acquisition or Investment, pro forma calculations of such ratio shall be accompanied by a certificate from a Responsible Officer on behalf of the Company delivered to the Administrative Agent no less than fifteen (15) days prior to the incurrence of any such Indebtedness, certifying that such calculation has been prepared in good faith based upon reasonable assumptions and giving effect to such incurrence on a pro forma basis, the Company is in compliance with the Required Ratio. Commencing with the fiscal quarter of the Company ended as of April 30, 2018 (which shall constitute the ‘first fiscal quarter’ of the Company for the purpose of this annualization), for the purpose of calculating the Required Ratio, Consolidated EBITDA shall be annualized in the following manner for the first three fiscal quarters of the Company: (i) for the first fiscal quarter of the Company ended as of April 30, 2018, Consolidated EBITDA for such fiscal quarter shall be multiplied by 4, (ii) for the second fiscal quarter of the Compa...
Required Ratio shall have the meaning set forth in Section 10.12.
Required Ratio the footnote which shall read as follows: "Subject to Sections 5.3a and 5.3b of the Agreement.".
Required Ratio means (x) the total of all interest bearing indebtedness for borrowed money less all Amounts Payable under this Note and under the Other Seller Subordinated Note divided by (y) all Amounts Payable under this Note and under the Other Seller Subordinated Note plus net worth.
Required Ratio means 1.25 to 1.00.
Required Ratio. Not more than 3.0:1.0
Required Ratio means (a) if the Mezzanine Loan has not been paid off in full pursuant to the terms of the Mezzanine Loan Documents, 1.10 to 1.00 and (b) if the Mezzanine Loan has been paid off in full pursuant to the terms of the Mezzanine Loan Documents 1.70 to 1.00.