Leverage Policy Sample Clauses

Leverage Policy. The parties acknowledge that, subject to Limited Partner approval, the Ventures intend to leverage the Approved Investments and, if desirable, to refinance the Approved Investments. The parties anticipate that acquisition financing will range from 50% to 85% of the cost of each acquisition and each Venture generally will maintain a leverage ratio of 65%.

Leverage Policy. 24.9.1. We offer Contracts both with or without leverage. If you trade CFDs using leverage, this allows you to deposit only a part of the cost of your Transaction and/or Contract upfront. The aforesaid deposit is also known as "margin" and is used by us as security against any potential losses you may incur. There is a maximum leverage amount applied to the different underlying CFD products as set forth by Law sets, but we can decrease the leverage we offer at any time. You can find out more about leverage and the risks of trading CFDs on our website.

Leverage Policy. The Manager may choose to borrow money from time to time from one or more lenders (e.g., Credit Facilities, Facilities, Mortgages, Notes, Debt) (individually and/or collectively “Debt”) and may pledge one or more Operating Company assets as collateral for any such borrowing, subject to certain restrictions imposed in this Operating Agreement. This Operating Agreement grants the Manager significant latitude and discretion in its ability to use Debt in the operation of the Operating Company. Any Debt shall be nonrecourse to Unit Holders, however, the Managing Member (and/or its principals) may agree to provide Guaranties for a given Debt, but are not required to do so. Any Debt will likely have covenants that affect the Operating Company, its Special Purpose Vehicles (“SPV”), and the Manager. Limiting Factor Means the restriction on issuance of Units by the Operating Company under the terms of § 4.2. Liquidating Event Has the meaning given to it in § 10.1. Liquidating Trustee Has the meaning given to it in § 10.2.

Leverage Policy. We offer Contracts both with or without leverage. If you operate using leverage, this allows you to deposit only a part of the cost of your Transaction and/or Contract upfront. The aforesaid deposit is also known as "margin" and is used by us as security against any potential losses you may incur. There is a maximum leverage amount applied to the different underlying products as set forth by Law sets, but we can decrease the leverage we offer at any time.

Leverage Policy. For purposes of this Agreement the leverage policy of the Company shall be based upon the following general principles (the "Company Leverage Policy"): (a) The Company and its subsidiaries intend to operate without financial leverage, either on balance sheet (through indebtedness) or off balance sheet (through lease programs, receivable financing programs or similar financing methods), other than the principal amount from time to time outstanding and any accrued interest due and owing on the Construction Debt or the long term debt. The long term debt (the "Long Term Debt") will be the permanent project funding for the ownership and operation of the Company. It will normally consist of the principal and interest due on debt instruments whether as secured or unsecured promissory notes, loans, bonds or similar instruments, with the Lenders and any renewals, roll-overs or re-fundings thereof; (b) The Company and its subsidiaries intend to have available one or more revolving credit facilities, uncommitted money market credit facilities or other comparable debt facilities in such amount to provide adequate liquidity to fund the normal operation of the Company; and it is intended that the Company and its subsidiaries promptly repay any amounts borrowed under such facilities at the time of and to the extent of, any collected or available cash balances; (c) In furtherance of the principles enunciated in Sections 8.10(a) and 8.10(b), the Company and its subsidiaries shall not, without the unanimous consent of the Members, incur any indebtedness other than (i) borrowings under one or more revolving credit facilities, uncommitted money market credit facilities or other comparable debt facilities in reasonable amounts to fund cash deficiencies; and (ii) borrowings under the Construction Debt or the Long Term Debt, in an amount not to exceed $150,000,000 in the aggregate.

Leverage Policy. The Investors shall endeavour to maintain an Investment Grade Rating in respect of any Target Group-wide debt financing package.

Leverage Policy. The Company shall provide you with price quotes (bid and offer prices) in relation to financial instruments offered through our Trading Platforms or our Dealing Department where expressly agreed so. Each price quote shall be available to be used in facilitating the Client’s Transaction or/Contract with a principal amount not to exceed a maximum leverage amount, decided by us. You acknowledge that the prices and maximum Leverage provided by the Company may differ from price and Leverage provided to other clients and may be adjusted or withdrawn by us at any time. We are restricted to executing Transaction or/ Contracts in financial instruments offered via our Online Trading Platform, at the prices quoted therein on our website or otherwise communicated to you upon request.