Leverage Level definition

Leverage Level means the amount of indebtedness encumbering the Assets acquired from the Gross Proceeds.
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Leverage Level the Revolving Loan Leverage Level or the Term Loan Leverage Level, as applicable.
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Leverage Level if the Maximum Leverage Ratio shall be less than or equal to 1.50:1, the Leverage Level shall be 1; if the Maximum Leverage Ratio shall be greater than 1.50:1 and less than or equal to 2.00:1, the Leverage Level shall be 2; if the Maximum Leverage Ratio shall be greater than 2.00:1 and less than or equal to 2.50:1, the Leverage Level shall be 3; and if the Maximum Leverage Ratio shall be greater than 2.50:1, the Leverage Level shall be 4.
Sample 1

Examples of Leverage Level in a sentence

  • The relevant ratio is above the minimum rate specified by the Regulation on Measurement and Assessment of Leverage Level of Banks.

  • Where applicable, the Leverage Level of a Client’s Account(s) may be changed by the Company in its absolute discretion with reference to such matters as the deposit or Margin amount held in the Client Account and the size of credit exposure held on Financial Instrument(s) held in the Client Account(s).

  • The Company will not permit the Unencumbered Leverage Ratio as of the last day of each fiscal quarter of the Company to exceed 60% (the “Maximum Unencumbered Leverage Level”); provided that the Maximum Unencumbered Leverage Level (i) shall be increased to 65% for the last day of the first four fiscal quarters of the Company immediately following the date of consummation of a Material Acquisition and (ii) the Maximum Unencumbered Leverage Level shall return to 60% after such four fiscal quarters.

  • The Company will not permit the Total Leverage Ratio as of the last day of each fiscal quarter of the Company to exceed 60% (the “Maximum Leverage Level”); provided that the Maximum Leverage Level (i) shall be increased to 65% for the last day of the first four fiscal quarters of the Company immediately following the date of consummation of a Material Acquisition and (ii) the Maximum Leverage Level shall return to 60% for at least one fiscal quarter of the Company after such four fiscal quarters.

  • In the case where the Margin is equal to or less than 80% of the Margin or Leverage Level requirement, then the Client’s positions shall be automatically closed, starting from the most unprofitable, at the market price.

  • The Company will not permit the Total Leverage Ratio as of the last day of each fiscal quarter of the Company to exceed 60% (the “Maximum Leverage Level”); provided that the Maximum Leverage Level (i) shall be increased to 65% for the last day of the first two fiscal quarters of the Company immediately following the date of consummation of a Material Acquisition and (ii) the Maximum Leverage Level shall return to 60% after such two fiscal quarters.

  • Without prejudice to the generality of the foregoing the Company shall have the right, but shall not be obliged, to start closing Client’s positions starting from the most unprofitable, when the Margin is less than 120% of the Margin or Leverage Level requirement.

  • Where applicable, the Leverage Level of a Client’s Account(s) may be changed by the Principal in its absolute discretion with reference to such matters as the deposit or Margin amount held in the Client Account and the size of credit exposure held on Financial Instrument(s) held in the Client Account(s).

  • Without prejudice to the generality of the foregoing the Company shall have the right, but shall not be obliged, to start closing Client’s positions starting from the most unprofitable, when the Margin is less than 50% of the Margin or Leverage Level requirement.

  • The Leverage Level of a Client’s Account(s) may be changed by the Company in its absolute discretion with reference to such matters as the deposit or Margin amount held in the Client Account and the size of credit exposure held on Financial Instrument(s) held in the Client Account(s).


More Definitions of Leverage Level

Leverage Level if the Total Debt Ratio shall be greater than or equal to 5.00:1, the Leverage Level shall be l; if the Total Debt Ratio shall be less than 5.00:1 and greater than or equal to 4.50:1, the Leverage Level shall be 2; if the Total Debt Ratio shall be less than 4.50:1 and greater than or equal to 4.00:1, the Leverage Level shall be 3; if the Total Debt Ratio shall be less than 4.00:1 and greater than or equal to 3.50:1, the Leverage Level shall be 4; if the Total Debt Ratio shall be less than 3.50:1 and greater than or equal to 3.00:1, the Leverage Level shall be 5; and if the Total Debt Ratio shall be less than 3.00:1, the Leverage Level shall be 6.
Sample 1
Leverage Level means the applicable level specified below, based on the Parent’s most recently reported Leverage Ratio: Level 1 < 1.5:1.0 Xxxxx 0 > 1.5:1.0 but < 3.0:1.0 Xxxxx 0 > 3.0:1.0
Sample 1

Related to Leverage Level

  • Leverage means the aggregate amount of indebtedness of the Company for money borrowed (including purchase money mortgage loans) outstanding at any time, both secured and unsecured.

  • RBC level means an insurer's company action level RBC, regulatory action level RBC, authorized control level RBC, or mandatory control level RBC where:

  • Leverage Factor means the leverage factor in respect of a Series of ETP Securities as specified in the relevant Final Terms.

  • Strike Level means the Strike Level as specified in § 1 of the Product and Underlying Data.

  • Base Level means the following amounts plus the percentage

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • Barrier Level means the Barrier Level as specified in § 1 of the Product and Underlying Data.

  • Senior Leverage Ratio means, as of any date of determination, on a Pro Forma Basis, the ratio of (i) Senior Indebtedness of the Borrower and its Subsidiaries as of such date to (ii) Annualized EBITDA for the Borrower and its Subsidiaries for the most recently ended Test Period.

  • Senior Net Leverage Ratio means, as of any date of determination, the ratio of (a) Senior Indebtedness on such date to (b) Consolidated Adjusted EBITDA for the period of four consecutive fiscal quarters of the Borrower ended on or prior to such time (taken as one accounting period) in which financial statements for each quarter or fiscal year in such period have been or were required to be delivered pursuant to Section 5.01(a) or (b) without giving effect to any grace period applicable thereto.

  • Initial Level means, in respect of an Index, the level specified as such in the applicable Issue Terms.

  • Trigger Level means with respect to an Index, the level specified as such in Annex 1 with respect to such Index

  • Floor Level means that stage of construction which in the completed building would constitute the walking surface of the particular floor level referred to in the table of payments.

  • Mean Sea Level means the average height of the sea for all stages of the tide. It is used as a reference for establishing various elevations within the floodplain. For the purposes of this Ordinance, the term is synonymous with the National Geodetic Vertical Datum (NGVD) of 1929, the North American Vertical Datum (NAVD) of 1988, or other datum, to which Base Flood Elevations shown on a community's Flood Insurance Rate Map are referenced.

  • Маrgin Level for CFD trading shall mean the percentage of Equity to Necessary Margin ratio. It is calculated as: Margin Level = (Equity / Necessary Margin) x 100%.

  • First Lien Net Leverage Ratio means, with respect to any Test Period, the ratio of (i) Consolidated Total Indebtedness secured on a first lien basis, net of Unrestricted Cash, as of the last day of such Test Period, to (ii) Consolidated EBITDA for such Test Period.

  • Use Level means the license use meter or model (which may include operating system, hardware system, application or machine tier limitations, if applicable) by which Symantec measures, prices and licenses the right to use the Licensed Software, in effect at the time an order is placed for such Licensed Software, as indicated in this License Agreement and the applicable License Instrument.

  • First Lien Leverage Ratio means, on any date, the ratio of (a) Consolidated First Lien Debt as of such date to (b) Consolidated EBITDA for the Test Period as of such date.

  • Broadband level means all positions sufficiently similar in knowledge, skills, and abilities, and sufficiently similar as to kind or subject matter of work, level of difficulty or responsibilities, and qualification requirements of the work, to warrant the same treatment as to title, pay band, and other personnel transactions.

  • Required Capital Level means an amount of capital equal to 0.5% of the initial principal amount of the Securitization Bonds.

  • Working level (WL) means any combination of short-lived radon daughters in 1 liter of air that will result in the ultimate emission of 1.3E+5 MeV of potential alpha particle energy. The short-lived radon daughters are—for radon-222: polonium-218, lead-214, bismuth-214, and polonium-214; and for radon-220: polonium-216, lead-212, bismuth-212, and polonium-212.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Rating Level means, with respect to any rating agency, each rating subcategory or “notch” of such rating agency , giving effect to pluses and minuses (or similar designations). By way of illustration, BBB+, BBB and BBB- are each separate Rating Levels of S&P.

  • Cash Flow Leverage Ratio means, as of any time the same is to be determined, the ratio of (a) Funded Debt as of the last day of the most recent four fiscal quarters of the Company then ended minus Excess Cash as of the last day of the same such period to (b) EBITDA for the same most recent four fiscal quarters then ended.

  • Effective Leverage Ratio has the meaning set forth in the Statement.

  • Measurement Period shall have the meaning specified in Section 14.01(b)(i).

  • Maximum Leverage Ratio shall have the meaning assigned thereto in the Pricing Side Letter.