Examples of Initial Leverage in a sentence
Specifically, we compute each firm’s leverage ratio during the initial year of data availability in our sample (Initial Leverage).
This is consistent with the notion that a stronger reduction in leverage during collusion periods is needed when deviating from a cartel agreement is more tempting, as stated in Hypotheses H2.5.3.2 Initial Leverage Hypothesis H3 predicts that the leverage reduction should be more likely and more pronounced if a cartel firm had higher leverage in the pre-collusion years.
We then match each subsample to control firms including each firm’s Initial Leverage as an additional matching criterion.We present the results in Columns (1) and (2) of Table 5.
Or they reinvest part of profit to make their products consistently available.<Table 2> Examples of Social business model Business ModelAs Initial Leverage Nonprofit Venture Model brings a certain level of profit, along with part of initial investment, the model develops gradually into Hybrid Nonprofit Venture Model.Profit from the process goes to product development for social purpose and the second model advances to the third model, Social Business Venture Model.
During the Ramp-Up Period, the Portfolio Manager shall take steps to ramp-up the CDS Portfolio by the addition of Notional Swap Transactions to the CDS Portfolio in accordance with the Leverage Event provisions relating to the Initial Leverage such that each Notional Swap Transaction Group in the table describing the Initial Reference Portfolio set out in Annex 3 to this Series Memorandum shall be comprised in the CDS Portfolio as of the Initial Leverage Date.
The provisions relating to Leverage Events (including the Initial Leverage), Deleverage Events, CDS Changes and the Portfolio Guidelines are set out below in this Part II of the Appendix.
As of the Initial Leverage Date, each Long CDS is expected to have a scheduled tenor of approximately 3 years and each Short CDS is expected to have a scheduled tenor of approximately 7 years.
Investors should be aware that the level at which a deleverage may occur, as a result of a change in the Cushion, may be subject to change on the Initial Leverage Date.
This compares to average spending on SSN in Mali in the period 2006-2009.18 A recent global study concluded that safety net programs in developing countries typically represent about 1-2 percent or less of GDP [Grosh et al.
When matching cartel firms with control firms in these subsamples, we include each firm’s Initial Leverage as an additional matching criterion.We present the results in Columns (1) and (2) of Table 5.