Examples of Debt to Equity Ratio in a sentence
In connection with the first Permanent Financing, and in connection with any subsequent Senior Loan, on the date on which any Senior Lender first advances funds under its Senior Loan (not including any date on which a Tax Equity Provider advances funds used to pay another Senior Lender), Seller’s Debt to Equity Ratio shall not exceed nine (9).
No. Subject Requirement Bidder Submission Requirements position given on this basis Computation shall be made for the following Ratios and marks awarded to each of the ratios: -Working Capital Ratio - Debt to Equity Ratio - Current ratio - Operating Cash Flow ratio practicing membership number from ICPAK must be indicated.
The Concessionaire undertakes to comply with all material aspects of its Financial Plan and to comply at all times with the Debt to Equity Ratio.
Utilisations The conditions precedent to be satisfied (or waived) before any utilisation may be made under the Senior Debt will include: no Default is continuing or would result from the utilisation; the Repeating Representations of the Borrower in the Clause 33 (Representations and Warranties of the Borrower) are true in all material respects; and the Borrower taking into account the proposed utilisation, is in compliance with the Senior Debt to Equity Ratio as set out in the Key Information Table.
The parties hereto acknowledge that OPIC shall not have any obligation to call for the provision of funds to maintain the Debt to Equity Ratio in accordance with Section 2.01(a) and that OPIC shall not be liable to any party for not calling any funds or not calling sufficient funds under this Section 2.