LOSS RATIO CAP Sample Clauses

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LOSS RATIO CAP. Notwithstanding any other provision of this Contract, the maximum recoverable hereon shall not exceed 300% of the final adjusted reinsurance premium.
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LOSS RATIO CAP. 6 ARTICLE 9
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LOSS RATIO CAP. The Reinsurers' liability for further Losses under Policies written or renewed during the Contract Year will cease in the event the Loss Ratio for the Contract Year exceeds 106.5%. That is, the Reinsurers' aggregate limit of liability under this Contract and under the Companion Contract, after application of the Loss Corridor, shall be an amount equal to 85.0% of the Ceded Gross Net Earned Premium of the Company under this Contract and the Companion Contract, after application of the Cessions Contracts, effective at 12:01 a.m., Central Standard Time, January 1, 2002, as respects policies written or renewed during the Contract Year. Should this occur on the Contract Year, the Company will retain, under this Contract and the Companion Contract, all liability for further Losses beyond the 106.5% Loss Ratio Cap.
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LOSS RATIO CAP. The Reinsurer’s total liability for ceded Losses under this Contract will not exceed 120% of the Ceded Reinsurance Premium.
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LOSS RATIO CAP. The Reinsurer's liability for further Losses under Policies written or renewed during the Contract Year will cease in the event the Loss Ratio for the Contract Year exceeds 120%. That is, the Effective: January 1, 2003 DOC: May 6, 2003 8958-00-0017-00 R1
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LOSS RATIO CAP. Notwithstanding any other provision of this Contract the maximum recoverable hereon shall not exceed (for 100%) the greater of $32,000,000 or 400% of ceded Original Gross Net Written Premium.
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LOSS RATIO CAP. 5 ARTICLE 10 EXCESS OF ORIGINAL POLICY LIMITS................................ 5 ARTICLE 11
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Related to LOSS RATIO CAP

  • Cash Flow Coverage Ratio The ratio of (a) the Company’s Cash Flow to (b) the sum of (i) the Company’s consolidated Interest Expense plus (ii) the Company’s scheduled payments of principal (including the principal component of Capital Leases) to be paid during the 12 months following any date of determination shall at all times exceed (1) 1.5 to 1.0. Compliance with the ratio will be tested as of the last day of each month, with Cash Flow and Interest Expense being calculated for the twelve months then ended.

  • 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.

  • Minimum Interest Coverage Ratio The Borrowers shall not permit the Interest Coverage Ratio, calculated as of the end of each fiscal quarter for the four fiscal quarters then ended, to be less than 3.50 to 1.00.

  • Interest Coverage Ratio The Borrower will not permit the Interest Coverage Ratio to be less than 2.75 to 1.0 on the last day of any Fiscal Quarter.

  • Minimum Consolidated Fixed Charge Coverage Ratio The Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized.