DEFINITIONS AND RATIOS Sample Clauses

DEFINITIONS AND RATIOS. Ratios: All ratios referred to in this term sheet will be calculated with reference to total advances under the Facility and the cash flow projections contained in the agreed Base Case Financial Model on a minimum projected basis. The ratio tests and requirements could be considered on a consolidated basis. For the purpose of the ratios, the Discount Rate shall be calculated using a rate which is based on the aggregate of 3-month JIBAR. and the Interest Rate of the Facility Cash Available for Debt Service (“CAFDS”): Gross revenue less all associated royalties, cash operating costs, hedge settlements, taxes, capital expenditures, agreed rehabilitation/closure costs and agreed exploration expenditure, available for debt servicing. Debt Service Cover Ratio (“DSCR”): The ratio of Cash Available for Debt Service to Scheduled Debt Service (scheduled principal and interest payments) over the stipulated period.
Sample 1
AutoNDA by SimpleDocs

Related to DEFINITIONS AND RATIOS

  • Definitions and Basic Provisions The following definitions and basic provisions shall be used in conjunction with and limited by the reference thereto in the provisions of this lease:

  • Definitions and References Capitalized terms not otherwise defined herein have the meanings assigned in the Credit Agreement. All references to the Credit Agreement contained in the Collateral Documents and the other Loan Documents, as amended or amended and restated, shall, upon the execution of this Amendment, mean the Credit Agreement as amended by this Amendment.

  • Definitions and Other Definitional Provisions (a) Capitalized terms used herein and not otherwise defined herein have the meanings assigned to them in Appendix A to this Agreement.

  • Definitions and Usage Except as otherwise specified herein or as the context may otherwise require, capitalized terms used but not otherwise defined herein are defined in Appendix A hereto, which also contains rules as to usage that shall be applicable herein.

  • Financial definitions In this Agreement:

  • Basic Lease Provisions and Definitions In addition to other terms elsewhere defined in this Lease, the following terms whenever used in this Lease should have only the meanings set forth in this Preamble, unless such meanings are expressly modified, limited or expanded elsewhere herein.

  • General Definitions In this Agreement, the following terms shall have the following meanings:

  • Definitions of Terms The terms defined in this Section (except as in this Indenture or any indenture supplemental hereto otherwise expressly provided or unless the context otherwise requires) for all purposes of this Indenture and of any indenture supplemental hereto shall have the respective meanings specified in this Section and shall include the plural as well as the singular. All other terms used in this Indenture that are defined in the Trust Indenture Act of 1939, as amended, or that are by reference in such Act defined in the Securities Act of 1933, as amended (except as herein or any indenture supplemental hereto otherwise expressly provided or unless the context otherwise requires), shall have the meanings assigned to such terms in said Trust Indenture Act and in said Securities Act as in force at the date of the execution of this instrument.

  • Definitions As used in this Agreement, the following terms shall have the following meanings:

  • Special Definitions For purposes of this Article Fourth, the following definitions shall apply:

Time is Money Join Law Insider Premium to draft better contracts faster.