Financial Measurement means the Fixed Charge Coverage Ratio. Arranger - Fleet Securities, Inc., in its capacity as Arranger under the Agreement. Assignment and Acceptance Agreement - an assignment and acceptance agreement in the form attached hereto as Exhibit A-2, pursuant to which a Lender assigns to another Lender all or any portion of any of such Lender's Revolving Loan Commitment, Term Loan or Term Loan Commitment, as permitted pursuant to the terms of this Agreement. Availability - the aggregate amount of additional money which Borrowers are entitled to borrow from time to time as Revolving Credit Loans, such amount being the difference derived when the sum of the principal amount of Revolving Credit Loans then outstanding (including any amounts which Agent or any Lender may have paid for the account of any Borrower pursuant to any of the Loan Documents and which have not been reimbursed by Borrowers), the sum of the Dollar Equivalent of the LC Amount and the LC Obligations and any reserves is subtracted from the Borrowing Base. If the amount outstanding is equal to or greater than the Borrowing Base, Availability is 0. Bank - Fleet National Bank. Base Rate - the rate of interest announced or quoted by Bank from time to time as its prime rate for commercial loans, whether or not such rate is the lowest rate charged by Bank to its most preferred borrowers (and, if such prime rate for commercial loans is discontinued by Bank as a standard, a comparable reference rate designated by Bank as a substitute therefor). Base Rate Portion - a Base Rate Term Portion or a Base Rate Revolving Portion. Base Rate Revolving Portion - that portion of the Revolving Credit Loans that is not subject to a LIBOR Option. Base Rate Term Portion - that portion of the Term Loan that is not subject to a LIBOR Option. Xxxx and Hold Inventory - finished goods Inventory of a Company as to which a Company has issued an invoice for payment to the customer, but which, pursuant to such customers' instructions or such Company's normal business practices, has not yet been shipped to such customer and title to which has not yet passed to such customer. Borrowing Base - as at any date of determination thereof, an amount equal to the lesser of:
Financial Measurement means the Fixed Charge Coverage Ratio.
Financial Measurement means the Interest Coverage Ratio. Assignment and Acceptance Agreement - an assignment and acceptance agreement in form and content reasonably acceptable to Agent pursuant to which a Lender assigns to another Lender all or any portion of any of such Lender's Revolving Loan Commitment, as permitted pursuant to the terms of this Agreement. Availability - the aggregate amount of additional money which Borrowers are entitled to borrow from time to time as Revolving Credit Loans, such amount being the difference derived when the sum of the principal amount of Revolving Credit Loans then outstanding (including any amounts which Agent or any Lender may have paid for the account of any Borrower pursuant to any of the Loan Documents and which have not been reimbursed by Borrowers), the LC Amount and any reserves is subtracted from the Borrowing Base. If the amount outstanding is equal to or greater than the Borrowing Base, Availability is 0. Bank - Fleet National Bank. Base Rate - the rate of interest announced or quoted by Bank from time to time as its prime rate for commercial loans, whether or not such rate is the lowest rate charged by Bank to its most preferred borrowers; and, if such prime rate for commercial loans is discontinued by Bank as a standard, a comparable reference rate designated by Bank as a substitute therefor shall be the Base Rate. Base Rate Portion - that portion of the Revolving Credit Loans that is not subject to a LIBOR Option. Borrowing Base - as at any date of determination thereof, an amount equal to the lesser of:
Examples of Financial Measurement in a sentence
Currently, the following courses are required during the first year: Analysis for General Managers; Capital Markets; Competitive and Corporate Strategy; Decision Science; Financial Measurement, Analysis and Reporting; Global Economics for Managers; Leading Individuals and Teams; Leading Organizations; Management Communication; Managerial Economics; Marketing; Operations Management; Personal Leadership; and Statistics for Managers.
Financial Measurement Innovation This section highlights innovations in measuring and monitoring financial management and economic progress at a company, national and international level, which have the potential to have a significant positive impact on sustainable development.
Financial Measurement for Managers London: Edward Arnold (Publication) Limited.
All questions regarding this RFP will be shared via e-mail with each of the agencies/organizations that submit questions.
The Group uses forward foreign exchange contracts to hedge its currency exposure risk in relation to sales in US dollars– all hedges have a maturity date less than 1 year from reporting date.Valuation of Financial Measurement – cash flow hedgesForeign currency forward contracts are initially recognised at fair value on the date a derivative contract is entered into and are subsequently remeasured to their fair value at the end of each reporting period.
More Definitions of Financial Measurement
Financial Measurement means the Quarterly Average Excess Availability for Applicable Margin Percentage.
Financial Measurement means the Fixed Charge Coverage Ratio. The foregoing notwithstanding, with respect to the Applicable Margin for Unused Line Fees, from April 1, 2006 until the date when Co-Borrowers have paid Agent for periods after the Closing Date Unused Line Fees in an amount equal to $125,000 over the amount that Co-Borrowers would have paid Agent for Unused Line Fees for such period if the Applicable Margin for Unused Line Fees had been 0.25%, the Applicable Margin for Unused Line Fees shall remain at 0.50%. On and after such date, the Applicable Margin for Unused Line Fees shall be 0.25% (or such higher number as applicable as of the most recent Adjustment Date per the above grid).
Financial Measurement means the Leverage Ratio (as such term is defined in Exhibit 7.3). The foregoing notwithstanding, as of any date on which the aggregate outstanding principal balance of the Term Loan is $10,000,000 or less, then each percentage contained in the above table for Base Rate Term Portion and LIBOR Term Portion shall be reduced by 0.25%.
Financial Measurement means the average Gross Availability for the quarter then most recently ended, as determined by Agent consistent with the terms of the Agreement. Approved Financing Transaction - a transaction in which Borrower incurs Indebtedness secured by the Tandem Mill Collateral (i) that is permitted pursuant to the Exchange Indentures (or, at any time after all Indebtedness under the Exchange Notes has been paid in full, that is permitted pursuant to the Exchange Loan Agreement), (ii) that is consummated concurrently with an acquisition of stock or assets to which Majority Lenders have consented, and (iii) which constitutes a Permitted Tandem Mill Transaction. Approved Sale - an Asset Disposition of the Tin Mill Collateral, the Hot Mill Collateral or the Tandem Mill Collateral (i) that is permitted pursuant to the Exchange Indentures (or, at any time after all Indebtedness under the Exchange Notes has been paid in full, that is permitted pursuant to the Exchange Loan Agreement) and (ii) that is permitted pursuant to subsection 8.2.9 of the Agreement or to which Majority Lenders have consented (or, in the case of the Tandem Mill Collateral, to which Agent and all Lenders have consented, in their reasonable credit judgment). Approved Sale and Leaseback - a sale and leaseback transaction (i) that is permitted pursuant to the Exchange Indentures (or, at any time after all Indebtedness under the Exchange Notes has been paid in full, that is permitted pursuant to the Exchange Loan Agreement) and (ii) that is permitted pursuant to subsection 8.2.9 of the Agreement or to which Majority Lenders (or in the case of a sale and leaseback transaction that constitutes a Permitted Tandem Mill Transaction, Agent and all Lenders, in their reasonable credit judgment) have consented.
Financial Measurement means the Fixed Charge Coverage Ratio (as such term is defined in Exhibit 8.3 to the Agreement). Base Rate Equipment Portion – that portion of the Equipment Loans that is not subject to a LIBOR Option. Base Rate Portion – the Base Rate Term Portion, the Base Rate Equipment Portion and/or the Base Rate Revolving Portion.
Financial Measurement means the Fixed Charge Coverage Ratio. Assignment and Acceptance Agreement - an assignment and acceptance agreement in the form attached hereto as Exhibit A-2, pursuant to which a Lender assigns to another Lender all or any portion of any of such Lender's Revolving Loan Commitment, as permitted pursuant to the terms of the Agreement. Availability - the aggregate amount of additional money which Borrowers are entitled to borrow from time to time as Revolving Credit Loans, such amount being the difference derived when the sum of the principal amount of Revolving Credit Loans then outstanding (including any amounts which Agent or any Lender may have paid for the account of any Borrower pursuant to any of the Loan Documents and which have not been reimbursed by Borrowers), the sum of the Dollar Equivalent of the LC Amount and the LC Obligations and any reserves is subtracted from the Borrowing Base. If the amount outstanding is equal to or greater than the Borrowing Base, Availability is 0. Availability Appraisal - collectively, (i) an appraisal of the orderly liquidation value of Equipment of the Companies and (ii) an appraisal of the fair market value of real Property of the Companies, in each case prepared by an employee of Agent or a third party appraiser reasonably acceptable to Agent, addressed to Agent, in form, scope and methodology, and containing assumptions and other terms, reasonably acceptable to Agent. Bank - Bank of America, N.A. Base Rate - the rate of interest announced or quoted by Bank from time to time as its prime rate for commercial loans, whether or not such rate is the lowest rate charged by Bank to its most preferred borrowers (and, if such prime rate for commercial loans is discontinued by Bank as a standard, a comparable reference rate designated by Bank as a substitute therefor). Base Rate Portion - that portion of the Revolving Credit Loans that is not subject to a LIBOR Option. Xxxx and Hold Inventory - finished goods Inventory of a Company as to which a Company has issued an invoice for payment to the customer, but which, pursuant to such customers' instructions or such Company's normal business practices, has not yet been shipped to such customer and title to which has not yet passed to such customer. Borrowing Base - as at any date of determination thereof, an amount equal to the lesser of:
Financial Measurement means the Fixed Charge Coverage Ratio (as such term is defined in Exhibit 8.3 to the Agreement).