Burn Rate means the number of Options issued by the Company each year, expressed as a percentage of the issued and outstanding Common Shares of the Company at the end of the fiscal year;
Burn Rate means, as of any date of determination, the average monthly net decrease in cash used in operating activities for the most recently reported quarter, as reported by the most recently published Annual Report on Form 10- K or Quarterly Report on Form 10-Q by the Company.
Burn Rate shall have the meaning ascribed to it in Section 2.4(a) hereof.
Examples of Burn Rate in a sentence
Financials The following table summarizes the company’s liquidity position: Liquidity (in C$, 000s) 2016 2017 (9M) Cash $42,896 $39,199 Working Capital $49,634 $37,797 Current Ratio 18.69 12.17 LT Debt / Assets 0.04 0.05 Payable to Peruvian Group $4,739 $4,958 Monthly Burn Rate (incl.
Make: Model: Total HP: Number of Engines: Drive Type: Fuel Storage Amount (Gallons): Burn Rate (GPH): Fuel Type: Aux.
Driest Wettest SBPSxc SBPSdc SBPSmk SBSmh SBSdw2 SBSdw1 SBSmc1 Fire Regime Element Fire frequency Burn Rate Fire overlap Coarse Woody Debris1 Fire Size Fire Severity2 Landscape level Residual (retention) patch size.
Funds TOTAL Obligation for Yr 1 Cumulative Expenditure at Quarter end Balance at Beginning of Quarter Actual Burn Rate (period) % Qrly Spent against Qrly budget % Cum Spent against Yr1 Budget Qr 1 18,342 1,260,820 18,342 5.82% 1.45% Qr 2 109,389 1,242,478 91,047 28.89% 8.68% Qr 3 251,705 1,151,430 142,317 45.15% 19.96% Total 1,260,820 251,705 VIII.
More Definitions of Burn Rate
Burn Rate means a measure of dilution as further set forth in Section 7(c).
Burn Rate means the sum of the number of shares subject to time-vesting equity awards granted and the number of performance-vesting shares earned in the fiscal year (using a 1.5x multiplier for each RSU or PSU award), divided by
Burn Rate means the sum of the number of shares subject to time-vesting equity awards granted and the number of performance-vesting shares earned in the fiscal year (using a 2x multiplier for each RSU or PSU award), divided by basic weighted average common shares outstanding during the fiscal year. All share-based amounts in this table are displayed in thousands.
Burn Rate means the rate at which test fuel is consumed in a wood heater. Measured in kilograms or lbs of wood (dry basis) per hour (kg/hr or lb/hr).
Burn Rate means, for any fiscal quarter of Ganeden, the net reduction, if any, in cash of Ganeden (taken together with any subsidiaries, as applicable) required to be reflected on Ganeden’s statement of cash flows as cash flows from operating activities and cash flows from investing activities taken together (but excluding cash flows from financing activities), calculated in accordance with GAAP, but excluding any Extraordinary Advertising Expenditures which are duly reflected on any applicable Extraordinary Advertising Expenditures Certification with respect to such fiscal quarter. (ii) “Extraordinary Advertising Expenditures Certification” means a written certification executed by the Chief Executive Officer of Ganeden which details any Extraordinary Advertising Expenses incurred by Ganeden for a particular fiscal quarter, certifying that such expenses are Extraordinary Advertising Expenses and which is delivered to Licensee prior to or concurrent with the delivery of the applicable financial statements for the period in which such Extraordinary Advertising Expenses are incurred. (iii) “Extraordinary Advertising Expenditures” means non-recurring and short term expenditures for advertising and marketing which are incurred outside of the ordinary course of business in connection with an increase in promotional efforts for a particular product or product line and which may be terminated by Ganeden at any time without additional cost (other than nominal cost). For the avoidance of doubt, any expenditures with respect to a particular product or product line which are of a nature which occur in more than one fiscal quarter in any period of four consecutive fiscal quarters shall not be “non-recurring” for purposes of this definition, except as otherwise reasonably agreed by Licensee. (iv) The “Financial Delivery Term” means the fiscal quarters of Ganeden commencing with and including the second fiscal quarter of 2012 and ending with and including the third fiscal quarter of 2016. (v) “GAAP” means U.S. generally accepted accounting principles. (b)
Burn Rate means, as of any date of determination, the Cash Burn for the four consecutive Fiscal Quarters most recently ended.
Burn Rate means Borrower’s net profit/net loss plus depreciation plus amortization plus stock-based compensation measured on a trailing three month basis commencing with the three month period ending September 30, 2019 and each rolling three month period ending thereafter. Pacific Mercantile Bank Schedule to Loan and Security Agreement