Financial Component Sample Clauses

Financial Component. The Lease requires the Operator to: (1) charge the Airport the Annual Service Fee which is the lesser of an annual flat service fee or a per cart fee for providing luggage carts at no charge to the passengers in the Federal Inspection Services (“FIS”) area of the International Terminal, as provided in detail below; and (2) pay the Airport an annual Concession Payment which is the greater of the Minimum Annual Guarantee or twenty‐five percent (25%) of gross revenue of luggage cart rentals in areas of the Airport other than the FIS area of the International Terminal. The Minimum Annual Guarantee shall be adjusted on an annual basis according to the Consumer Price Index. Additional rent, fees and/or charges consist of the promotional charge, utilities, taxes, office, and storage spaces. Office and storage spaces may be made available under a separate agreement.
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Financial Component. Report specifically on how much money has been spent. The report is in the form of 2 tables: Table 1.
Sample 1
Financial Component. The financial portion of the performance framework for the year indicated will be completed upon the release of the State Audit for the relevant year. Current Ratio: Current Assets divided by Current Liabilities Source: Audited Balance Sheet 2 points 1 point 0 points Meets Standard Does Not Meet Standard Falls Far Below Standard Current Ratio is greater than or equal to 1.1 or Current Ratio is between 1.0 and 1.1 and one-year trend is positive Current Ratio is between 0.9 and 1.0 or equals 1.0 or Current Ratio is between 1.0 and 1.1 and one-year trend is negative Current Ratio is less than or equal to 0.9 2025-2026 2024-2025 2023-2024 2022-2023 2021-2022 2020-2021 Unrestricted Days Cash: Unrestricted Cash divided by (Total Expenses minus Depreciation Expenses)/365 Source: Audited Balance Sheet and Income Statement 2 points 1 point 0 points Meets Standard Does Not Meet Standard Falls Far Below Standard 60 Days Cash or Between 30 and 60 Days Cash and one- year trend is positive Days Cash is between 15-30 days or Days Cash is between 30-60 days and one-year trend is negative Fewer than 15 Days Cash Debt Default: Is the school able to meet its debt obligations or covenants? Source: Notes to Audited Financial Statement 2 points 1 point 0 points Meets Standard Does Not Meet Standard Falls Far Below Standard School is not in default of loan covenant(s) and/or is not delinquent with debt service payments Not applicable School is in default of loan covenant(s) and/or is delinquent with debt service payments Enrollment Variance: Sufficiency of revenues to fund ongoing operations Source: Projected Enrollment in the approved budget for the year vs. actual enrollment 2 points 1 point 0 points Meets Standard Does Not Meet Standard Falls Far Below Standard Enrollment Variance equals or exceeds 95% in the most recent year Enrollment Variance is between 85-95% in the most recent year Enrollment Variance is less than 85% in the most recent year Debt to Asset Ratio: Total Liabilities less the long term liability for pension obligations divided by Total Assets Source: Audited Balance Sheet 2 points 1 point 0 points Meets Standard Does Not Meet Standard Falls Far Below Standard Debt to Asset Ratio is less than 0.9 Debt to Asset Ratio is between 0.9 to 1.0 Debt to Asset Ratio is greater than 1.0 2025-2026 2024-2025 2023-2024 2022-2023 2021-2022 2020-2021 This measure does not evaluate the performance of the school. This measure only addresses the program described in the Educat...
Sample 1
Financial Component. The financial portion of the performance framework for the year indicated will be completed upon the release of the State Audit for the relevant year.
Sample 1
Financial Component. The financial component of the price quotation shall contain the Quotation Form in accordance with the Request for Quotation (RFQ).
Sample 1

Related to Financial Component

  • Mileage Measurement Where required, the mileage measurement for LIS rate elements is determined in the same manner as the mileage measurement for V&H methodology as outlined in NECA Tariff No. 4.

  • Financial testing The financial covenants set out in Clause 20.2 (Financial condition) shall be tested by reference to each of the financial statements and/or each Compliance Certificate delivered pursuant to Clause 19.2 (Compliance Certificate).

  • Minimum Consolidated EBITDA The Borrower will not permit Modified Consolidated EBITDA, for any Test Period ending at the end of any fiscal quarter of the Borrower set forth below, to be less than the amount set forth opposite such fiscal quarter: Fiscal Quarter Amount September 30, 1997 $36,000,000 December 31, 1997 $36,000,000 March 31, 1998 $36,000,000 June 30, 1998 $37,000,000 September 30, 1998 $37,000,000 December 31, 1998 $38,000,000 March 31, 1999 $38,000,000 June 30, 1999 $39,000,000 September 30, 1999 $40,000,000 December 31, 1999 $41,000,000 March 31, 2000 $41,000,000 June 30, 2000 $42,000,000 September 30, 2000 $43,000,000 December 31, 2000 $44,000,000 March 31, 2001 $44,000,000 June 30, 2001 $45,000,000 September 30, 2001 $46,000,000 December 31, 2001 $47,000,000 March 31, 2002 $47,000,000

  • Financial Covenant Calculations The parties hereto acknowledge and agree that, for purposes of all calculations made in determining compliance for any applicable period with the financial covenants set forth in Section 6.7 and for purposes of determining the Applicable Margin, (i) after consummation of any Permitted Acquisition, (A) income statement items and other balance sheet items (whether positive or negative) attributable to the target acquired in such transaction shall be included in such calculations to the extent relating to such applicable period (including by adding any cost saving synergies associated with such Permitted Acquisition in a manner reasonably satisfactory to the Agent), subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness of a target which is retired in connection with a Permitted Acquisition shall be excluded from such calculations and deemed to have been retired as of the first day of such applicable period and (ii) after any Disposition permitted by Section 6.8), (A) income statement items, cash flow statement items and balance sheet items (whether positive or negative) attributable to the property or assets disposed of shall be excluded in such calculations to the extent relating to such applicable period, subject to adjustments mutually acceptable to Borrowers and the Agent and (B) Indebtedness that is repaid with the proceeds of such Disposition shall be excluded from such calculations and deemed to have been repaid as of the first day of such applicable period.

  • Financial Covenant So long as any Loan shall remain unpaid, any Letter of Credit shall remain outstanding or any Lender shall have any Commitment hereunder, the Borrower will maintain a ratio of Consolidated Debt to Consolidated Capital of not greater than 0.65 to 1.00 as of the last day of each fiscal quarter.

  • Usage Measurement Usage measurement for calls shall begin when answer supervision or equivalent Signaling System 7 (SS7) message is received from the terminating office and shall end at the time of call disconnect by the calling or called subscriber, whichever occurs first.

  • No Material Deterioration in Financial Condition; Financial Statements All consolidated financial statements for Borrower and its Subsidiaries, delivered to Collateral Agent fairly present, in conformity with GAAP, in all material respects the consolidated financial condition of Borrower and its Subsidiaries, and the consolidated results of operations of Borrower and its Subsidiaries. There has not been any material deterioration in the consolidated financial condition of Borrower and its Subsidiaries since the date of the most recent financial statements submitted to any Lender.

  • Measuring EPP parameters Every 5 minutes, EPP probes will select one “IP address” of the EPP servers of the TLD being monitored and make an “EPP test”; every time they should alternate between the 3 different types of commands and between the commands inside each category. If an “EPP test” result is undefined/unanswered, the EPP service will be considered as unavailable from that probe until it is time to make a new test.

  • Financial Tests The Company hereby certifies and warrants to you that the following is a true and correct computation as at the Computation Date of the following ratios and/or financial restrictions contained in the Credit Agreement:

  • Solvent Financial Condition Each of Borrower and its Subsidiaries is now and, after giving effect to the Loans to be made hereunder, at all times will be, Solvent.

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