Dilution Horizon Ratio Sample Clauses

Dilution Horizon Ratio. The definition of "Dilution Horizon Ratio" is hereby deleted in its entirety and replaced with the following:
Sample 1
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Dilution Horizon Ratio. As of any Cut-off Date, a ratio (expressed as a decimal), computed by dividing (1) the aggregate sales generated by the Originators during the Calculation Period ending on such Cut-Off Date by (2) the Net Pool Balance as of such Cut-Off Date.
Sample 1
Dilution Horizon Ratio in Section 1.1 of the Existing Agreement is hereby amended and restated in its entirety as follows:
Sample 1
Dilution Horizon Ratio. As of any Cut-off Date, a ratio (expressed as a percentage), computed by dividing (i) the aggregate Sales generated by the Originators during the Collection Period ending on such Cut-Off Date, by (ii) the Net Pool Balance as of such Cut-Off Date.
Sample 1
Dilution Horizon Ratio. As of any Cut-off Date, a ratio (expressed as a decimal), computed by dividing (i) the sum of (A) the aggregate sales generated by all of the Originators during the Calculation Period ending on such Cut-Off Date and (B) 0.67 times the aggregate sales generated by all of the Originators during the Calculation Period immediately preceding the Calculation Period ending on such Cut-Off Date, by (ii) the Net Pool Balance as of such Cut-Off Date or such other formula the Lender Agents jointly may from time to time provide to the Borrower and the Servicer in writing based upon results of any Review, any additional report and/or any further analysis conducted at any time by or on behalf of Agent or the Lender Group Agents in their sole discretion; provided, however with respect to any calculation relating to the period beginning with the August 2005 Calculation Period through the October 2006 Calculation Period, each such calculation shall exclude sales generated by any Obligor of which is a Designated Obligor.
Sample 1
Dilution Horizon Ratio. As of any Cut-off Date, a ratio (expressed as a decimal), computed by dividing (i) the sum of (A) the aggregate sales generated by the Originator during the Calculation Period ending on such Cut-Off Date and (B) 0.63 times the aggregate sales generated by the Originator during the second Calculation Period immediately preceding the Calculation Period ending on such Cut-Off Date, by (ii) the Net Pool Balance as of such Cut-Off Date or such other formula the Agent may from time to time provide to the Borrower and the Servicer in writing based upon results of any Review, any additional report and/or any further analysis conducted at any time by or on behalf of Agent or the Lender Group Agents in their sole discretion.
Sample 1

Related to Dilution Horizon Ratio

  • Capitalization Ratio Permit the ratio of Consolidated Debt of the Borrower to Consolidated Capital of the Borrower to exceed .58 to 1.00.

  • Current Ratio The Borrower will not permit, as of the last day of any fiscal quarter, its ratio of (i) consolidated current assets (including the unused amount of the total Commitments, but excluding non-cash assets under FAS 133) to (ii) consolidated current liabilities (excluding non-cash obligations under FAS 133 and current maturities under this Agreement) to be less than 1.0 to 1.0.

  • Consolidated Senior Leverage Ratio As of the end of each fiscal quarter of the members of the Consolidated Group, the Consolidated Senior Leverage Ratio shall not be greater than the ratio set forth below: Fiscal Quarter End Ratio ------------------ ----- December 31, 2000 3.00:1.0 March 31, 2001 3.10:1.0 June 30, 2001 3.10:1.0 September 30, 2001 2.75:1.0 December 31, 2001 and thereafter 2.50:1.0 1.6 Clause (c) of Section 7.9 of the Credit Agreement is amended to read as follows:

  • Quick Ratio A ratio of Quick Assets to Current Liabilities of at least 2.00 to 1.00.

  • Maximum Total Leverage Ratio The Borrower shall maintain, on the last day of each fiscal quarter set forth below, a Total Leverage Ratio of not more than the maximum ratio set forth below opposite such fiscal quarter: October 31, 2007, January 31, 2008, April 30, 2008, July 31, 2008, October 31, 2008 and January 31, 2009 4.7 to 1 April 30, 2009, July 31, 2009, October 31, 2009 and January 31, 2010 4.2 to 1 April 30, 2010 and each fiscal quarter thereafter 4.0 to 1

  • Adjusted Quick Ratio A ratio of (i) Quick Assets to (ii) Current Liabilities minus the current portion of Deferred Revenue of at least 1.50 to 1.00.

  • Total Net Leverage Ratio Holdings and its Restricted Subsidiaries, on a consolidated basis, shall not permit the Total Net Leverage Ratio on the last day of any Test Period to exceed the ratio set forth below opposite the last day of such Test Period:

  • Fixed Charge Ratio Maintain a Fixed Charge Ratio as determined as of each Calculation Date of not less than 1.50: 1. The Fixed Charge Ratio covenant shall be tested by the Administrative Agent as of each Calculation Date with results based upon the results for the most recent Calculation Period, such calculation and results to be verified by the Administrative Agent.

  • Consolidated Total Leverage Ratio Permit the Consolidated Total Leverage Ratio as of the last day of any fiscal quarter ending on or after September 30, 2008 to be greater than 3.5 to 1.0.

  • Maximum Senior Leverage Ratio Permit the Senior Leverage Ratio on the last day of any fiscal quarter during any period set forth below to be greater than the ratio set forth opposite such date or period below: Period Ratio ------ ----- September 30, 2001 2.50:1.0 December 31, 2001 2.00:1.0 March 31, 2002 through June 30, 2002 2.50:1.0 September 30, 2002 2.00:1.0 December 31, 2002 1.50:1.0 March 31, 2003 through June 30, 2003 2.00:1.0 September 30, 2003 1.50:1.0 December 31, 2003 and thereafter 1.25:1.0

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