Equity to NFI definition
Equity to NFI the ratio, with respect to APD, of its Equity to its Net Fixed Investments.
Examples of Equity to NFI in a sentence
The "Equity Margin" shall be determined as of each June 30 and December 31 as provided in the table below (expressed in basis points) based on: (a) the ratio of Equity to NFI of APD, on a consolidated basis; and (b) the ratio of Borrower Debt to Guarantor Cash Flow ("BDGCFR"), as of such date: Equity to NFI less than =>40<50 50 or more 40 BDGCFR ------ =>8.0 12.5 25.0 50.0 =>4.0< 8.0 25.0 50.0 62.5 < 4.0 50.0 62.5 75.0 provided that the Equity Margin may never exceed the Base Rate Margin.