Asset Ratio definition

Asset Ratio means, with respect to any repurchase of Shares in accordance with Section 8.05(g) at any time, the Class I-A AG Asset Ratio, the Class I-A Spectacor Asset Ratio, the Class I-B Asset Ratio or the Class II Asset Ratio, as the context may require.

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Asset Ratio means, as of the date of any determination (i) the principal amount of all Loans outstanding hereunder, divided by (ii) the sum of (a) the PV-10 Value of all Oil and Gas Properties of the Borrower and its Subsidiaries and (b) the Fair Market Value of all undeveloped acreage owned by the Borrower and its Subsidiaries.

Asset Ratio means at any time the ratio of (a) the sum of amounts due with respect to Gross Accounts Receivable plus cash and Cash Equivalents to (b) Consolidated Senior Funded Debt.

Examples of Asset Ratio in a sentence

• Debt to Asset Ratio Cash Flow Total Margin Budget Variance The framework adopts a risk assessment model as part of ongoing oversight and monitoring of charter schools’ fiscal activities, and renewal decision-making.

• Permit the Total Unencumbered Asset Ratio to be less than 1.33 to 1.00 as of any date; provided that, as of any date, the Guarantor, the Borrower and its Restricted Subsidiaries shall have a minimum of fifteen (15) Cash Flowing Assets contributing to Total Unencumbered Assets.

• A Debt to Asset Ratio greater than 1.0 indicates a school has more debt than it has assets to pay off said debt.

• Costs of a general nature may be allocated using the Total Asset Ratio.

• Borrower shall not permit, as of the last day of any fiscal quarter, the Risk Asset Ratio to be greater than 1.50 to 1.0.

• Total Liabilities divided by Total Assets Meets Standard: Debt to Asset Ratio is less than 0.9. Does Not Meet: Debt to Asset Ratio is between 0.9. and 1.0 Falls Far Below Standard: Debt to Asset Ratio is greater than 1.0 Due to the Reinstatement of Pension Liability, as required by GASB 68, Net Position may be higher than expected.

• Note: For schools in their first or second year of operation, substitute the “Aggregated Three‐ year Total Margin” with the “Total Margin.” Purpose ‐ The Debt to Asset Ratio measures the amount of debt a school owes compared to the assets they own; it measures the extent to which the school relies on borrowed funds to finance operations.

• The Borrower and the Guarantors will maintain at all times, on a consolidated basis, a Quick Asset Ratio of not less than 1.00 to 1.00, such ratio to be tested at the end of each fiscal quarter.

• Debt to Asset Ratio shall not be greater than 60% (measured annually as of the end of Borrower's fiscal year and calculated based Borrower's financial statements delivered 90 days after fiscal year end).

• Permit the Unencumbered Asset Ratio on the last day of each Test Period ending after the Third Amendment Effective Date, to be less than 170%.

More Definitions of Asset Ratio

Asset Ratio means the ratio (expressed as a percentage) of (a) the Aggregate Market Value to (b) the aggregate principal amount of all Obligations, including Bank Bonds, plus accrued and unpaid Program Expenses plus any Acquisition Costs to the extent accrued and unpaid, any Excess Interest and any Rebate Amount, as reasonably calculated by the Issuer.‌

Asset Ratio has the meaning set forth in Section 2.5(c).

Asset Ratio. This ratio is determined annually based of the average of gross assets during the previous calendar year and may be adjusted due to a significant change. Number of Payroll Checks Ratio - Based on the number of payroll checks processed for each of the client companies. This ratio will be determined annually based on an actual count of checks processed during the previous period and may be adjusted periodically due to a significant change. Number of Radio Units Ratio - Based on the number of radio units utilized by each of the client companies. This ratio will be determined annually based on an actual count of radios and may be adjusted periodically due to a significant change. Global Allocation Factor - This formula will be determined annually based on the average of gross plant (original plant in service), gross payroll charges (salaries and wages, including overtime, shift premium and lost time, but excluding pension, payroll taxes and other employee benefits) and gross revenues during the previous calendar year and may be adjusted for any known and reasonable quantifiable events or at such time as may be required due to significant changes. This formula is commonly referred to as the Massachusetts formula. Property Values Allocator - Costs allocated to companies based on the actual property values recorded on each companies' books. The numerator of which is for an individually affected operating company, product, or service and the denominator of which is for all affected operating companies, products, or services. The allocation will be determined annually or at such time as may be required due to significant changes. Labor Dollars Ratio - This ratio is determined annually based on the sum of labor dollars for the immediately proceeding fiscal year. The numerator of which is for an individually affected operating company and the denominator of which is for all affected operating companies.

Asset Ratio means the ratio (expressed as a percentage) of the Aggregate Market Value to the sum of (i) the aggregate principal amount of all Obligations (including Unremarketed Bonds), (ii) accrued and unpaid interest on the Bonds (including any Unremarketed Bonds), (iii) accrued and unpaid Program Expenses, (iv) any Acquisition Costs to the extent accrued and unpaid, (v) any Excess Interest, and (vi) any Rebate Amount all as reasonably calculated by the Issuer.

Asset Ratio has the meaning specified therefor in Section 4.9(b).

Asset Ratio. “profits ratio”, “revenue ratio”, “consideration ratio” and “equity capital ratio”