First Ratio definition

First Ratio means the volume of Messages comprised in each Accounting Rate Service which are conveyed by the Applicable Systems and are delivered to the United Kingdom divided by the volume of all Messages comprised in each Accounting Rate Service which are delivered to the United Kingdom; and
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First Ratio shall have the meaning given to such term in Section 6.17.
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First Ratio means the volume of Messages comprised in each Accounting Rate Service which
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Examples of First Ratio in a sentence

  • Director may otherwise consent in writing, the Licensee shall ensure (using the most up-to-date information available) that over each quarterly period for each Accounting Rate Service the First Ratio shall be no greater than the Second Ratio.

Related to First Ratio

  • Current Ratio means the ratio of Current Assets to Current Liabilities.

  • Debt to Capitalization Ratio means the ratio of (a) Consolidated Funded Debt to (b) Consolidated Capitalization.

  • Capitalization Ratio means, at any date of determination, the ratio of (a) Funded Debt to (b) Capitalization.

  • Freeboard ratio means the freeboard height divided by the width of the degreaser.

  • Quick Ratio means, with respect to Lessee at any time, the ratio, determined on a consolidated basis in accordance with GAAP, of: