Financial Ratio definition
Examples of Financial Ratio in a sentence
The Initial Security Deposit shall be increased to an amount equal to eighteen (18) months of the Basic Rent then in effect within twenty (20) days following the date on which Tower fails to be in compliance at any time with either of the Financial Ratio Tests.
The provisions of Section 4.1(b) and (h) will terminate upon the earliest to occur of (i) the third anniversary of the date hereof, (ii) the date on which the Purchasers no longer owns shares of Series A Preferred having an aggregate Series A Liquidation Preference of at least $125 million, and (iii) the later to occur of (A) the first anniversary of the date hereof and (B) the Financial Ratio Date.
Non-compliance with the Financial Ratio levels established in the terms and with the requirements set out in section 22.3.
The Contractor shall submit annually by June 30th, a Financial Ratio Analysis, that describes the Contractor’s performance for financial ratios required by EOHHS in accordance with the definitions in Exhibit 1 and the format in Exhibit 2 below.
If there is any such change, the parties will immediately commence good faith negotiations to redefine the Financial Ratio calculations or levels, based on the adjustments to the accounting standards.