Payment Ratio definition

Payment Ratio means the respective Compensable Workweeks for each

Payment Ratio means the respective Compensable Work Weeks for each

Payment Ratio means the respective Qualified Workweeks for each Settlement

Examples of Payment Ratio in a sentence

• Real Debt Payment Ratio is the ratio of the "general revenue resources appropriated to pay off bonds" to the "standard financial scale".

• For “parachute payments” with the same Parachute Payment Ratio and the same time of payment, such “parachute payments” shall be reduced on a pro rata basis (but not below zero) prior to reducing “parachute payments” with a lower Parachute Payment Ratio.

• For “parachute payments” with the same Parachute Payment Ratio, such “parachute payments” shall be reduced based on the time of payment of such “parachute payments,” with amounts having later payment dates being reduced first.

• For Contingent Compensation Payments with the same Contingent Compensation Payment Ratio and the same time of payment, such Contingent Compensation Payments shall be reduced on a pro rata basis (but not below zero) prior to reducing Contingent Compensation Payment with a lower Contingent Compensation Payment Ratio.

• For Contingent Compensation Payments with the same Contingent Compensation Payment Ratio, such Contingent Compensation Payment shall be reduced based on the time of payment of such Contingent Compensation Payments with amounts having later payment dates being reduced first.

More Definitions of Payment Ratio

Payment Ratio means the respective Compensable Work Weeks during which an

Payment Ratio means the respective Compensable Work Weeks for each Settlement Class Member divided by the total Compensable Work Weeks for all Settlement Class Members.

Payment Ratio means, with respect to any Collection Period, the percentage equivalent of a fraction, (i) the numerator of which is equal to the aggregate Collections received in the Collection Account as of the last day of such Collection Period and (ii) the denominator of which is equal to the aggregate Principal Balance of all Eligible Receivables as of the last day of such Collection Period.

Payment Ratio means the respective Compensable Workweeks for each Settlement Class Member divided by the total Compensable Workweeks for all Settlement Class Members.

Payment Ratio means, at any time, the weighted average (expressed as a percentage) of the ratios computed for each of the two immediately preceding Collection Periods by dividing, in respect of each such Collection Period, (a) the total Collections received in the Transaction Account of the last day of the applicable Collection Period by (b) the Aggregate Outstanding Balance of all Purchased Receivables as at the end of such day.

Payment Ratio has the meaning set forth in Section 2.1(b); “Payment Shares” has the meaning set forth in Section 2.1(b);

Payment Ratio means the respective Work Weeks during which an employee was