Minimum Ratio definition

Minimum Ratio means as of any Settlement Report Date and continuing until (but not including) the next Settlement Report Date, an amount (expressed as a percentage) equal to the greater of:

Minimum Ratio means, as of any Settlement Report Date and continuing until (but not including) the next Settlement Report Date, the sum of (i) 10% and (ii) 2.5% for each customer designated as a Special Obligor.

Minimum Ratio. The ratio of: (a) the sum of (i) the most recent Mortgaged Property Market Value, and (ii) the most recent Riverbank Project Value to (b) the Note Indebtedness for the quarter ended on the Statement Date was ___:1.00 which was in compliance with the requirement under Section 2(l) of Exhibit B to the Limited Guaranty.

Examples of Minimum Ratio in a sentence

• Consolidated Adjusted Pre-Tax Income* $ (1) Aircraft Rentals* $ (2) Net Interest Expense* $ (3) Depreciation and amortization* $ (4) Cash dividends paid* $ (5) Sum of lines (1), (2), (3), and (4), minus line (5) $ (6) Net Interest Expense* $ (7) Aircraft Rentals* $ (8) Sum of lines (7) and (8) $ (9) Ratio of line (6) to line (9) to Minimum Ratio 1.25 to 1.00 * For four fiscal quarter period ending on last day of Subject Period.

• Minimum Ratio of Additional Assets to Additional Liabilities..........

• Minimum Ratio of Operating Cash Flow to Interest Expense 27 Section 5.1.13.

• For the avoidance of doubt, the parties agree that (i) the Holder is a Permitted Transferee of the Investor and a member of the Investor Group and (ii) that the Ordinary Shares held by Holder shall be deemed to be Ordinary Shares held by the Investor for all purposes of the Agreement (including for purposes of determining the Investor Minimum Ratio Condition).

• Permit the Fixed Charge Coverage Ratio, --------------------------- as of that last day of any Fiscal Quarter described in the matrix below, to be less than the ratio set forth opposite that Fiscal Quarter: Fiscal Quarters Ending Minimum Ratio ---------------------- ------------- March 31, 1999 1.10:1.00 June 30, 1999 through June 30, 2001 1.20:1.00 September 30, 2001 1.15:1.00 December 31, 2001 and thereafter 1.50:1.00.

More Definitions of Minimum Ratio

Minimum Ratio means, on any Monthly Report Date and continuing until (but not including) the next Monthly Report Date, the sum of (i) 12.0% (which represents the loss reserve floor); provided, however that from and after the occurrence of a Ratings Downgrade Event this clause (i) shall be 15.0%, plus (ii) the product of (A) the average Dilution Ratio over the twelve (12) Monthly Settlement Periods preceding such Monthly Report Date, and (B) the Dilution Period.

Minimum Ratio means 5.0%.

Minimum Ratio means, as of any Settlement Report Date and continuing until (but not including) the next Settlement Report Date, an amount (expressed as a percentage) which is calculated for either the Class A Certificates or the Class B Certificates, as the case may be, as follows: MR = (a * b) + c Where: MR = Minimum Ratio; a = the average of the Dilution Ratio during the period of the twelve consecutive Settlement Periods ending prior to such earlier Settlement Report Date; b = the Dilution Period; and c = with respect to the Class A Certificates, 11.25%, and with respect to the Class B Certificates, 9.0%.

Minimum Ratio means, as of any Settlement Report Date and continuing until (but not including) the next Settlement Report Date, an amount (expressed as a percentage) which is calculated as follows: MR = a + (b * c) Where: MR = Minimum Ratio;

Minimum Ratio means 15%.

Minimum Ratio means, when used with respect to the Proved Producing Investment Coverage, a ratio of 1.35 to 1.

Minimum Ratio means a ratio of at least 1.4 to 1.0 when calculated with respect to the Debt Service Coverage Ratio for the Property and/or the Debt Service Coverage Ratio for the Hotel.