Specified Ratio definition

Specified Ratio means, at any particular time, that ratio which is determined by the following formula: (A x B ÷ (100 – B)) ÷ C where: A is the lesser of:

Specified Ratio means a fraction, the numerator of which is the number of days following the Effective Date through February 1, 2018, and the denominator of which is 365; provided that if the Effective Date occurs on or following November 1, 2017, then (A) the Initial Annual Grant shall occur on the first Annual Grant Date thereafter and (B) the Specified Ratio for such grant shall mean a fraction, the numerator of which is (1) 365 plus (2) the number of days following the Effective Date through February 1, 2018, and the denominator of which is 365. In the event the Effective Date occurs prior to November 1, 2017 and the first Annual Grant Date thereafter occurs following February 1, 2018, WestRock shall grant Executive long-term incentive compensation in an amount and subject to such terms and conditions as the Board (or a committee thereof or delegated executive) shall determine appropriate to compensate Executive for the Specified Ratio having been calculated based on an assumed Annual Grant Date of February 1, 2018.

Specified Ratio means, at any time, the ratio of Consolidated Debt to the sum of (i) Consolidated Debt and (ii) Consolidated Net Worth (in each case based on the financial information most recently furnished pursuant to Section 5.01). For purposes of this definition,

Examples of Specified Ratio in a sentence

• Kaplan, “Supremacy by Stealth,” Atlantic Monthly (July/August 2003): 66-83 (online).Manfred B.

• Pursuant to the LP Agreement, the Class B Unitholders as a class are entitled to convert some or all of their Class B Units into Class A Units based on the Specified Ratio.

• Class B Unit Percentage Interest means, at any particular time, that percentage interest in and to all of the income or capital of the REIT LP which is the percentage determined by the following formula: A ÷ (A + B) where: A is the total number of Class B Units outstanding at the particular time multiplied by the Specified Ratio; andB is the total number of Units outstanding at the particular time; and, for greater certainty, where A is nil the Class B Unit Percentage Interest is zero.

• Therefore, the mobile phase ratio may be adjusted only within the range of 40:60 to 60:40.• Specified Ratio of 2:98 – Thirty percent of 2 is 0.6% absolute.

• Specified Ratio of 50:50 – Thirty percent of 50 is 15% absolute, but this exceeds the maximum permitted change of ± 10% absolute in either component.

More Definitions of Specified Ratio

Specified Ratio means, at any particular time, that ratio which is determined by the following formula:

Specified Ratio. Eurodollar/Eurocurrency Facility Fee Loan Spread Rate Less than or equal to 0.30 0.25% .2500% Greater than 0.30 but less than or 0.25% .2750% equal to 0.40 Greater than 0.40 0.275% .3000%

Specified Ratio means, at any time, the ratio of Consolidated Debt to the sum of (i) Consolidated Debt and (ii) Consolidated Net Worth (in each case based on the financial information most recently furnished pursuant to Section 5.01). For purposes of this definition, the terms "Consolidated Debt"

Specified Ratio means the ratio derived from dividing the minimum interval by the maximum duration, and applies only to the High Operating Ranges.

Specified Ratio means 100;

Specified Ratio means, as of any date of determination, a Consolidated Total Leverage Ratio of (A) on or prior to December 31, 2020, 4.50:1.00, (B) on and after January 1, 2021 through and including December 31, 2021, 4.25:1.00 and (C) thereafter, 4.00:1.00.

Specified Ratio. Tathxx Xxxversion Event", "Tathxx Xxxversion Notice", "Tathxx Xxxversion Offer", and "Tathxx Xxxversion Purchase Date" from Section 1.02 thereof, and by deleting all references thereto in the Indenture.