Indebtedness Ratio definition

Indebtedness Ratio means, as at any Calculation Date, the ratio of (x) the Net Financial Debt for the relevant Testing Period preceding such Calculation Date of determination to (y) the EBITDA accrued during the relevant Testing Period. In the event that the Issuer incurs, assumes, guarantees, repays, repurchases, redeems, or otherwise discharges any Indebtedness subsequent to the commencement of the period for which the calculation of the Indebtedness Ratio is made, then the Indebtedness Ratio will be calculated giving Pro Forma effect (as determined in good faith by a responsible accounting or financial officer of the Issuer) to such incurrence, assumption, guarantee, repayment, repurchase, redemption or other discharge of Indebtedness, and the use of the proceeds therefrom, as if the same had occurred at the beginning of the applicable Testing Period.
Indebtedness Ratio means at any time, the aggregate amount of all obligations in respect of Moneys Borrowed other than Investor Capital and Subordinated Capital less an amount equal to the aggregate of (i) cash standing to an immediately available account and (ii) cash equivalent investments (pursuant to the IFRS), divided by the Total Capital;
Indebtedness Ratio means: ConcoSidated Net DebtEquity

Examples of Indebtedness Ratio in a sentence

  • For the avoidance of doubt, in determining the Guarantor Indebtedness Ratio, no cash or Cash Equivalents shall be included that are the proceeds of Indebtedness in respect of which the calculation of the Guarantor Indebtedness Ratio is to be made.

  • At any time from and after the Closing Date, the Secured Indebtedness Ratio (expressed as a percentage) shall not exceed 52.5%.

  • Permit the Consolidated Secured Indebtedness Ratio (expressed as a percentage), as of the last day of any fiscal quarter of the Parent Guarantor, to be greater than 40%.

  • At any time thereafter, the Secured Indebtedness Ratio (expressed as a percentage) shall not exceed 52.5%.

  • Alice and Bob are the tar- get users of L3 and L4 respectively, since each login presented those usernames and credentials during authentication.Path Types: One of the key attack properties that Hopper looks for is whether a path’s causal user ever authenticates into a machine with a new set of credentials.


More Definitions of Indebtedness Ratio

Indebtedness Ratio means, as of any date of determination, on a consolidated basis, the ratio of (a) Consolidated Indebtedness as of such date to (b) Net Worth as of such date.
Indebtedness Ratio means the ratio between the Trust’s Indebtedness and the Gross Book Value of the assets of the Trust;
Indebtedness Ratio means the ratio of the Obligorsconsolidated Indebtedness to the Obligors’ trailing twelve (12) month trailing EBITDA. “Indebtedness” means aggregate amount of outstanding loans and capital leases.
Indebtedness Ratio means, as at the time any determination thereof is to be made, a ratio, the numerator of which shall be Total Consolidated Indebtedness for Money Borrowed and the denominator of which shall be the sum of (i) Consolidated Net Worth and (ii)
Indebtedness Ratio means an amount equal to (i) Indebtedness divided by (ii) EBITDA (as set forth in the most recent audited financial statements of the Company from time to time).
Indebtedness Ratio means the ratio determined by dividing the aggregate principal amount of Outstanding Indebtedness of the Credit Group by the sum of (i) the aggregate principal amount of such Indebtedness and (ii) total Unrestricted Net Assets of the Credit Group. For purposes of this ratio, Indebtedness shall not include the principal amount of a guaranty unless the Credit Group has made a payment on such guaranty in the last three Fiscal Years prior to the time of such measurement.
Indebtedness Ratio means, with respect to any Test Period for any Person whose Base Credit Level Compliance is being determined, the ratio of Consolidated Indebtedness of such Person, on the last day of such Test Period, to Consolidated EBITDA for such Test Period; PROVIDED, HOWEVER, that for purposes of calculating the Indebtedness Ratio of the Company for any Test Period (i) Indebtedness of the Company on the last day of such Test Period shall be reduced by (a) the outstanding principal amount of all Arch Intercompany Loans if but only if, on the last day of such Test Period the obligor on such Arch Intercompany Loans (or the guarantor of payment thereof) is in Base Credit Level Compliance and (b) the cash balance of the Company and its Subsidiaries on the last day of such Test Period, and (ii) Consolidated EBITDA of the Company shall be increased by the amount of accrued interest recorded by the Company in respect of Arch Intercompany Loans if the obligor thereon is in Base Credit Level Compliance.