Minimum Equity Ratio definition

Minimum Equity Ratio means the portion of the Net Asset Value of a Fund that is exposed to the performance of equity securities.
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Minimum Equity Ratio means the ratio (expressed as a percentage) of Shareholder Equity to Total Assets and "Shareholder Equity" means Total Assets less Total Liabilities and "Total Assets" means at any time, in accordance with GAAP, the consolidated book value of all assets (both tangible and intangible) owned by the Borrower at the relevant time and "Total Liabilities" means at any time, the consolidated book value of long term and short term debt and other liabilities which in accordance with GAAP shall be included in a balance sheet.
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Minimum Equity Ratio has the meaning given to it in Clause 13.4.1(i);
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Examples of Minimum Equity Ratio in a sentence

  • The Funds may also enter into securities lending for the purpose of efficient portfolio management and this may reduce the Minimum Equity Ratio of the Funds.

  • As of the date of this Prospectus, the Funds of the Company intends to qualify as an equity fund with a Minimum Equity Ratio of 85% (unless otherwise listed below) in accordance with section 2 paragraph 6 of the German Investment Tax Act.

  • Unless otherwise specified in the relevant Supplement, a Fund shall not invest more than 10% of its net assets in other UCITS or other open or closed ended CIS.In accordance with the changes introduced in the German Investment Tax Act, 2018 which are effective from 1 January 2018, please note that all of the Funds of the Company have a Minimum Equity Ratio of 85%, unless otherwise listed below.

  • The covenant in Clause 14.2.5 (Minimum Equity Ratio) is thus [not] satisfied.

  • The Minimum Equity Ratio of the Borrower on a consolidated basis on the last day of each financial quarter shall be at least 20%.

  • In accordance with the changes introduced in the German Investment Tax Act, 2018 which are effective from 1 January 2018, please note that as of the date of this Prospectus all of the Funds of the Company have a Minimum Equity Ratio of85 , unless otherwise listed below.

  • The covenant in Clause 20.2.5 (Minimum Equity Ratio) is thus [not] satisfied.

  • Notwithstanding the foregoing, no Unrestricted Subsidiary may own any Material Intellectual Property without the prior written consent of the Administrative Agent.

  • In accordance with the German Investment Tax Act, as amended from time to time (“GITA”), as of the date of this prospectus the Funds of the Company intend to qualify as equity funds (unless otherwise listed below) with a Minimum Equity Ratio of 85%, except for Invesco FTSE RAFI Emerging Markets UCITS ETF and Invesco FTSE Emerging Markets High Yield Low Volatility UCITS ETF which maintain a Minimum Equity Ratio which may be less than 85% but more than 50%.


More Definitions of Minimum Equity Ratio

Minimum Equity Ratio means the minimum portion of the net asset value (as defined in section 2 para. 9a sent. 2 and 3 GITA) of a Fund that is continuously invested into equities (as defined in section 2 para. 8 GITA).
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Minimum Equity Ratio means the weighted average of the ratemaking equity ratios for Washington Gas in its three state regulatory jurisdictions, based on the respective rate base in each jurisdiction, less five percentage points. 154Term 3AltaGas will provide $4.2 million for energy efficiency and energy conservation initiatives with a primary focus on assisting low and limited-income residents who are living in affordable multifamily units, whether in buildings that are wholly master-metered, buildings where the tenants pay all of the utility bills, or buildings with mixed owner- and tenant-meters. Within 180 days of a Merger Close AltaGas will utilize a widely-publicized Request for Proposal (RFP) process to select an entity to administer the funds. The RFP will be open to all qualified bidders, and selection of a successful bidder will be based on a combination of relevant factors including price terms, relevant experience in delivering energy efficiency measures (particularly in affordable multifamily housing), and ability to carry out the scope of work in a timely manner. Within 180 days after selection of the administrator, and no less than thirty (30) days prior to the initial disbursement of funds to the administering agency or agencies, AltaGas and Washington Gas will, after consultation with interested stakeholders, file a proposal with the Commission regarding the aforementioned programs. No portion of the contribution will be recovered in utility rates.Within 30 days of Merger Close, Washington Gas shall provide and maintain a performance guarantee for the $4.2 million in funding. The cost of providing and maintaining this performance guarantee shall not be recovered in rates. Should a Material Adverse Effect occur, the Commission may require an alternative performance guarantee, such as a surety bond, irrevocable letter of credit, trust fund, or insurance policy.Term 5AltaGas shall, within five (5) years after Merger Close, develop or cause to be developed 10MW of either electric grid energy storage or Tier one renewable resources in Washington, D.C. If AltaGas or one of its affiliates develops the project, the construction of the project shall be competitively bid. AltaGas may retain the renewable energy certificates (“RECs”) and tax attributes for the Tier one resource. AltaGas will use reasonable best efforts to ensure at least 20% of the operational jobs for the 10 MW are sourced from the local workforce. The costs of this project shall not be recovered through...
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Minimum Equity Ratio means the weighted average of the ratemaking equity ratios for Washington Gas in its three state regulatory jurisdictions, based on the respective rate base in each jurisdiction, less five percentage points.
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Related to Minimum Equity Ratio

  • Equity Ratio means the ratio of Equity to Total Assets.

  • Debt to Equity Ratio means the ratio of the value of liabil- ities to equity, calculated according to s. 126.28 (6) (c) 2.

  • Minimum Equity Amount shall have the meaning provided in the recitals to this Agreement.

  • Liquidity Ratio means, for any date of determination, the ratio of (a)(i) the aggregate amount of unrestricted and unencumbered cash (other than Liens in favor of Bank) held at such time by Borrower in Deposit Accounts maintained with Bank, plus (ii) accounts receivable determined according to GAAP for the Borrower and its consolidated Subsidiaries, divided by (b) the principal amount of outstanding Credit Extensions.

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

  • Total risk-based capital ratio means the Total Risk-Based Capital Ratio determined in accordance with the rules and regulations of the appropriate Regulatory Authority as from time to time in effect, and any successor or other regulation or official interpretation of said Regulatory Authority relating thereto.

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Quick Ratio is a ratio of Quick Assets to Current Liabilities.

  • 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.

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

  • Adjusted Leverage Ratio means, on any date of determination, the ratio of (i) Adjusted Liabilities to (ii) Tangible Net Worth.

  • Index Ratio means the Final Index Price divided by the Initial Index Price.

  • Net Leverage Ratio means, at any time, the ratio of (a)(i) Consolidated Total Indebtedness at such time minus (ii) the Qualified Cash Amount to (b) Consolidated EBITDA for the most recently completed period of four fiscal quarters.

  • EBITDA Coverage Ratio defined as EBITDA divided by the aggregate of total interest expense plus the prior period current maturity of long-term debt and the prior period current maturity of subordinated debt.

  • 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.

  • Minimum Liquidity means, as of any date of determination, the sum of (a) the aggregate unused amount of the Commitments as of such date and (b) unrestricted cash of the Loan Parties as of such date.

  • Total Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Debt to Capital Ratio means the ratio (expressed as a percentage) of debt to total capital (the sum of debt and equity). This is a measure of financial leverage that the Company considers in capital management planning.

  • Cash Flow Ratio means, as at any date, the ratio of (a) the sum of the aggregate outstanding principal amount of all Indebtedness of the Company and the Restricted Subsidiaries determined on a consolidated basis, but excluding all Interest Swap Obligations entered into by the Company or any Restricted Subsidiary and one of the Banks outstanding on such date, plus (but without duplication of Indebtedness supported by letters of credit) the aggregate undrawn face amount of all letters of credit outstanding on such date to (b) Annualized Operating Cash Flow determined as at the last day of the most recent month for which financial information is available.

  • Debt to Cash Flow Ratio means, with respect to any Person as of any date of determination, the ratio of (a) the Consolidated Indebtedness of such Person as of such date, less cash and Cash Equivalents, to (b) the Consolidated Cash Flow of such Person for the four most recent full fiscal quarters ending immediately prior to such date for which internal financial statements are available. For purposes of making the computation referred to above:

  • Adjusted Quick Ratio is the ratio of (a) Quick Assets to (b) Current Liabilities minus the current portion of Deferred Revenue.

  • Net Total Leverage Ratio means, on any date, the ratio of (A) (i) without duplication, the aggregate principal amount of any Consolidated Debt of the Borrower and its Subsidiaries outstanding as of the last day of the Test Period most recently ended as of such date less (ii) without duplication, the Unrestricted Cash and unrestricted Permitted Investments of the Borrower and its Subsidiaries as of the last day of such Test Period, to (B) Adjusted EBITDA for such Test Period, all determined on a consolidated basis in accordance with GAAP; provided, that the Net Total Leverage Ratio shall be determined for the relevant Test Period on a Pro Forma Basis.

  • Funded Debt to EBITDA Ratio means on any date the ratio of (a) Total Indebtedness to (b) EBITDA for the period of four consecutive Fiscal Quarters ended on such date (or, if such date is not the last day of a Fiscal Quarter, ended on the last day of the Fiscal Quarter most recently ended prior to such date).

  • Total Debt to EBITDA Ratio means, as of the last day of any Fiscal Quarter, the ratio of (a) Total Debt as of such day to (b) EBITDA for the Computation Period ending on such day.

  • 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.

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