Look-to-Book Ratio Sample Clauses

Look-to-Book Ratio. (i) In the event the Look-to-Book Ratio on the Orbitz Sites, considered in the aggregate, or on any White Label Site, exceeds the Allowable Ratio (as defined below), Orbitz will pay ITA an excess query fee (“Excess Query Fee”) for all Queries in excess of such Allowable Ratio. The Excess Query Fee, which will not be counted toward the Annual Minimum, will be $(***) per Query. In the event that Orbitz is using another search solution as a result of a Booking Issue (as defined in Section 8(c)), Non-QPX Powered PNRs qualify as QPX-Powered PNRs solely for the purposes of calculating the Look-to-Book Ratio for a Site. (ii) In the event the Look-to-Book Ratio on all Third Party Sites other than (***), considered in the aggregate, exceeds the Allowable Ratio (as defined below), Orbitz will pay ITA an Excess Query Fee, which will not be counted toward the Annual Minimum, of $(***) per Query; provided, however, that (A) if any single Third Party Site has a Look-to-Book Ratio in excess of (***):1, then any Queries in excess of a Look-to-Book Ratio of (***):1 will be subject to the Excess Query Fee, and ITA and Orbitz will together agree as to the terms (including financial terms) that will govern such Third Party’s use of QPX (based upon the assumption that a site with a Look-to-Book Ratio in excess of (***):1 does not meet the requirement of Section 2(d)(1)) and (B) any Third Party Query with respect to which Orbitz pays such Excess Query will be excluded from the calculation of the Third Party Excess License Fee. (iii) As used herein, “Allowable Ratio” with respect to the Orbitz Sites and each White Label Site will be, (***) Queries:1 QPX-Powered PNR; provided, however, that such Allowable Ratio assumes that the current Look-to-Book Ratio on Xxxxxx.xxx and Xxxxxxxxxxxx.xxx, calculated as the number of queries on Xxxxxx.xxx and Xxxxxxxxxxxx.xxx divided by the number of PNRs created on Xxxxxx.xxx and Xxxxxxxxxxxx.xxx from January through June, 2007 (in each case excluding queries and PNRs on Third Party Sites) is equal to (***):1, and that the number of Non-Live Queries included in such calculation does not exceed (***)% of the total number of Live Queries (as such terms are defined in Section 2(b)(vii)) included therein; and provided further, however, that promptly following execution of this Agreement Orbitz will make available to ITA the data based upon which such current Look-to-Book Ratio and percentage of Non-Live Queries were calculated, and will provide such...
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Look-to-Book Ratio. To the extent that the Look to Book Ratio for any month exceeds 80:1, NAVITAIRE will invoice and Customer will pay ***** for each unit of difference between the actual Look to Book Ratio and *****. Thus, for example, *****.
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Related to Look-to-Book Ratio

  • Maximum Consolidated Leverage Ratio The Consolidated Leverage Ratio at any time may not exceed 0.75 to 1.00; and

  • 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:

  • 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

  • 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.

  • Cash Flow Leverage Ratio The Borrower will not permit the Cash Flow Leverage Ratio on the last day of any fiscal quarter to exceed 3.50 to 1.00.

  • Total Leverage Ratio The Borrowers will not permit the Total Leverage Ratio on the last day of any fiscal quarter to exceed 3.75 to 1.00.

  • FUNDING AVAILABILITY This Contract is contingent upon the continued availability of funding. If funds become unavailable through the lack of appropriations, legislative or executive budget cuts, amendment of the Appropriations Act, state agency consolidation or any other disruptions of current appropriations, DFPS will reduce or terminate this Contract.

  • Liquidity Ratio A Liquidity Ratio of at least 1.50 to 1.00.

  • Minimum Consolidated Net Worth The Borrower will not permit its Consolidated Net Worth at any time to be less than the sum of (i) $250,000,000 plus (ii) thirty percent (30%) of the sum of the Consolidated Net Income of the Borrower (with any consolidated net loss during any fiscal quarter counting as zero) for each fiscal quarter of the Borrower commencing with the fiscal quarter of the Borrower ending June 30, 1997.

  • 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

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