Ratio Computation Sample Clauses

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Ratio Computation. Interest Coverage Ratio In respect of the Relevant Period, the ratio of:

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Related to Ratio Computation

• Leverage The Fund has no liability for borrowed money or under any reverse repurchase agreement.

• Financial Covenants Section 4.01. (a) The Borrower shall maintain or cause to be maintained records and accounts adequate to reflect in accordance with sound accounting practices the operations, resources and expenditures in respect of the Project of the departments or agencies of the Borrower responsible for carrying out the Project or any part thereof.

• Computation of Overtime In computing overtime a period of thirty (30) minutes or less shall be counted as one-half (½) hour and a period of more than thirty (30) minutes but less than sixty (60) minutes shall be counted as one (1) hour.