Balance Sheet Leverage Ratio definition

Balance Sheet Leverage Ratio means, at any date of determination thereof, the ratio of (a) Consolidated Total Liabilities to (b) Consolidated Net Worth.
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Balance Sheet Leverage Ratio means, as of any date, on a Consolidated basis and in accordance with GAAP, the ratio of (a) Funded Indebtedness to (b) Total Capitalization, as of such date.
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Balance Sheet Leverage Ratio means, at any time the same is to be determined, the ratio of Total Funded Debt to Total Capitalization, each determined as of such time.
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Examples of Balance Sheet Leverage Ratio in a sentence

  • Financial covenants of the credit facility include: • Minimum Free Cash Flow Coverage Ratio of greater than 1.05 for the calendar quarter ended March 31, 2016; and greater than 1.10 for the calendar quarter ending June 30, 2016 and each calendar quarter thereafter (measured quarterly); • Maximum Free Cash Flow Leverage Ratio of not more than 3.50 (measured annually); and • Maximum Balance Sheet Leverage Ratio of not more than 1.50 (measured annually).

  • Balance Sheet Leverage Ratio is measured as: Total LiabilitiesTangible Net Worth - Mineral Reserves - Mine Development NAPP finance leases In August 2016, Corsa entered into a Comprehensive Master Equipment Lease Financing Modification, Consolidation and Security Agreement (the “Modified Lease”) regarding various mobile equipment that was previously leased under a finance lease at Wilson Creek Energy, LLC, effective as of June 1, 2016.

  • Lease Adjusted Balance Sheet Leverage Ratio is measured as: Total Liabilities + 5 times Annual Operating Lease Payments Net Worth – Mineral Reserves – Mine Development NAPP Division Finance lease The covenants required to be met are described below for the noted agreement.

  • His family’s onsite system business has been serving Kent County, Delaware, since 1960.

  • Commencing with the quarterly fiscal period ending January 31, 2019 and for each quarterly fiscal period thereafter, Borrower and its Subsidiaries shall have a Balance Sheet Leverage Ratio not greater than 0.2 to 1.


More Definitions of Balance Sheet Leverage Ratio

Balance Sheet Leverage Ratio means as of any day the ratio of (i) the consolidated Indebtedness minus the aggregate amount outstanding pursuant to the CMGI Notes to (ii) consolidated Tangible Capital Funds.
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Balance Sheet Leverage Ratio means the Total Liabilities divided by Tangible Net Worth.”
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Balance Sheet Leverage Ratio means, as of the last day of any Fiscal Quarter, the ratio of (a) Total Debt as of such day to (b) Tangible Net Worth as of such day.
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Balance Sheet Leverage Ratio has the meaning specified in Section ---------------------------- 5.04(a)(i).
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Balance Sheet Leverage Ratio. Divide Line 1 by Line 2(c) 3 ________
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Balance Sheet Leverage Ratio. A ratio of (a) Consolidated total liabilities (total liabilities to be determined in accordance with GAAP) to (b) Consolidated Tangible Net Worth in a proportion not greater than 2.75 to 1.00.
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Balance Sheet Leverage Ratio means, as of any day, the ratio of Total Liabilities as of such day to Gross Asset Value as of such day.
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