Examples of Equity Ratio in a sentence
In connection with the first Permanent Financing, and in connection with any subsequent Senior Loan, on the date on which any Senior Lender first advances funds under its Senior Loan (not including any date on which a Tax Equity Provider advances funds used to pay another Senior Lender), Seller’s Debt to Equity Ratio shall not exceed nine (9).
No. Subject Requirement Bidder Submission Requirements position given on this basis Computation shall be made for the following Ratios and marks awarded to each of the ratios: -Working Capital Ratio - Debt to Equity Ratio - Current ratio - Operating Cash Flow ratio practicing membership number from ICPAK must be indicated.
Towards this end, the Private Participants (without diluting AAI (along with AAI Nominees) equity shareholding) hereby covenant and agree to infuse funds in such form and quantity as may be necessary to ensure that the Trigger Debt Equity Ratio is maintained immediately prior to the time of any fresh issue of Equity Shares.
If the Trigger Debt Equity Ratio is not so maintained, the JVC shall not issue any fresh Equity Shares till such time as the Trigger Debt Equity Ratio is in place.
Provided however, the JVC shall, prior to making any fresh issue of Equity Shares ensure that the Trigger Debt Equity Ratio is maintained.