SGA Margin definition

SGA Margin means, as of the last day of any Fiscal Quarter, the percentage obtained by dividing (a) selling, general and administrative expenses (as determined in accordance with GAAP) of the Parent and its Subsidiaries for the Rolling Period ending on such day by (b) total sales (as determined in accordance with GAAP) by the Parent and its Subsidiaries for such Rolling Period.
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Related to SGA Margin

  • CD Margin means a rate per annum determined in accordance with the Pricing Schedule.

  • Step Up Margin means the rate per annum specified in the applicable Final Terms; and

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • Applicable L/C Margin means the per annum fee, from time to time in effect, payable with respect to outstanding Letter of Credit Obligations as determined by reference to Section 1.5(a).

  • Free Margin means the amount of funds available in the Client Account, which may be used to open a position or maintain an Open Position. Free Margin shall be calculated as: Equity less (minus) Necessary Margin [Free margin = Equity- Necessary Margin].