Maximum Delinquency Ratio Sample Clauses

Maximum Delinquency Ratio. The Delinquency Ratio shall at all times (but calculated for compliance reporting purposes as of the last day of each fiscal quarter of Borrower) be less than or equal to 10.00%.
Sample 1
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Maximum Delinquency Ratio. Borrower shall not permit or suffer to exist on the last day of any calendar quarter, a Delinquency Ratio that exceeds five percent (5%).
Sample 1
Maximum Delinquency Ratio. Servicer shall not permit or suffer to exist on the last day of any calendar quarter, the sum of (i) the aggregate book value of all equipment leases that are serviced by the Servicer or its Affiliates and more than 61 days past due plus (ii) the unpaid principal amount of all notes receivable or similar equipment finance contracts that are serviced by the Servicer or its Affiliates and more than 61 days past due to exceed six and a half percent (6.5%) of the Managed Portfolio.
Sample 1
Maximum Delinquency Ratio. As of the end of each calendar month, the Borrower shall not permit the average ratio for each of the most recent three month ends of (a) Delinquent Receivables to (b) Managed Assets to exceed 4.50 to 100.00.
Sample 1
Maximum Delinquency Ratio. For the month most recently ended: Delinquent Receivables (a) Receivables Held for Investment, gross (b) Delinquency Ratio (a/b) = A _____________ Delinquency Ratio for the two most recently ended months before the current period: B: _____________ C: _____________ Average (A,B,C) Maximum Allowed 4.50% Compliance YES
Sample 1
Maximum Delinquency Ratio. The Transferor shall not permit the average ratio (expressed as a percentage) for each of the most recent three month ends of (a) Delinquent Receivables to (b) Managed Assets to exceed 4.75%; PROVIDED, however that for the first calendar month following the Closing Date, the Delinquency Ratio shall be calculated as of the end of such month; and for the second calendar month following the Closing Date, the Delinquency Ratio shall be the average of the Delinquency Ratio calculated as of the end of such two months.
Sample 1

Related to Maximum Delinquency Ratio

  • Minimum Excess Availability Borrower shall have Excess Availability under the Revolving Credit Loans facility of not less than the amount specified in the Schedule, after giving effect to the initial advance hereunder and after giving effect to any applicable Loan Reserves against borrowing availability under the Revolving Credit Loans.

  • Maximum Leverage Ratio As of the last day of each fiscal quarter, the Borrower shall not permit the ratio (the "Leverage Ratio") of (i) Consolidated Funded Indebtedness to (ii) EBITDA of the Borrower and its Subsidiaries, as at the end of and for the period of four consecutive fiscal quarters ending on such day, to be greater than (i) 2.00 to 1.00.

  • Maximum Consolidated Leverage Ratio As of the last day of each Fiscal Quarter of the Borrower (commencing with the Fiscal Quarter ending March 31, 2018), the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 0.60 to 1.00.

  • Excess Availability Borrowers shall have Excess Availability at all times of at least (i) as of any date of determination during the period from July 25, 2016 through and including August 29, 2016, $10,000,000, (ii) as of any date of determination during the period from August 30, 2016 through and including October 6, 2016, $13,000,000, (iii) as of any date of determination during the period from October 7, 2016 through and including October 13, 2016, $17,500,000, and (iv) as of any date of determination during the period from October 14, 2016 through and including December 31, 2016, $20,000,000.

  • Maximum Consolidated Total Leverage Ratio The Borrower will cause the Consolidated Total Leverage Ratio to be less than (a) 4.00 to 1.00 at all times during the period from the Effective Date to and including December 30, 2009, (b) 3.75 to 1.00 at all times during the period from December 31, 2009 to and including December 30, 2010 and (c) less than 3.50 to 1.00 at all times thereafter.

  • Maximum Total Leverage Ratio Permit the Total Leverage Ratio as of the end of any fiscal quarter ending on or after September 30, 2006, to be greater than the ratio set forth below opposite the fiscal quarter end: Fiscal Quarter Ending Ratio on or prior to December 31, 2008 6.50 to 1.0 thereafter but on or prior to December 31, 2010 6.00 to 1.0 after December 31, 2010 5.50 to 1.0

  • Minimum Debt Service Coverage Ratio As of the end of each fiscal quarter, commencing with the fiscal quarter ending June 30, 2021, the Borrowers shall not permit the Debt Service Coverage Ratio, determined on a consolidated basis for the Consolidated Parties, to be less than 2.00 to 1.00.

  • Maximum Unencumbered Leverage Ratio As of the last day of any fiscal quarter, the Unencumbered Leverage Ratio to exceed sixty percent (60%); provided that, if any Material Acquisition shall occur and the Unencumbered Leverage Ratio shall have been less than sixty percent (60%) for at least one full fiscal quarter immediately preceding the proposed Unencumbered Leverage Ratio Covenant Holiday, then, at the election of the Borrower upon delivery of prior written notice to the Administrative Agent, concurrently with or prior to the delivery of a Compliance Certificate pursuant to Section 7.02(a), and provided that no Default or Event of Default shall have occurred and be continuing, the maximum Unencumbered Leverage Ratio covenant level shall be increased to sixty-five (65%) for the fiscal quarter in which such Material Acquisition is consummated and the three (3) fiscal quarters immediately following the fiscal quarter in which such Material Acquisition is consummated (any such increase an “Unencumbered Leverage Ratio Covenant Holiday”); provided further that not more than two (2) Unencumbered Leverage Ratio Covenant Holidays may be elected by the Borrower during the term of this Agreement;

  • Cash Flow Coverage Ratio The ratio of (a) the Borrower's Cash Flow to (b) the sum of (i) the Borrower's consolidated Interest Expense plus (ii) the Borrower'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.

  • Loan-to-Value Ratio The fraction, expressed as a percentage, the numerator of which is the original principal balance of the related Mortgage Loan and the denominator of which is the Appraised Value of the related Mortgaged Property.

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