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 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.

Examples of Minimum Ratio in a sentence

• Commission Regulation (EC) No 104/2004 of 22 January 2004 laying down rules on the organisation and composition of the Board of Appeal of the European Aviation Safety Agency.

• All such Permits have been complied with in all material respects, and such Permits as currently filed, and all periodic and other reports required to be filed with respect thereto, are accurate and complete in all material respects.

• On each Settlement Series 1997-2 Supplement Report Date (commencing with the Settlement Report Date occurring in March 1997), the Master Servicer shall deliver to the Trustee and the Agent a Monthly Settlement Statement in the Form of Exhibit E setting forth, among other things, the Loss Reserve Ratio, the Dilution Reserve Ratio, the Minimum Ratio, the Carrying Cost Reserve Ratio and the Servicing Reserve Ratio, each as recalculated for the next succeeding Settlement Period.

• Minimum Ratio for Reporting Period: 1.15 to 1.00 Actual Ratio for Reporting Period: ___________ In Compliance: Yes ¨ No ¨ Capital Expenditures Covenant.

• Amended the minimum Consolidated Fixed Charge Coverage Ratio covenant as follows: Period Minimum Ratio June 30, 2015 through December 31, 2016 1.15x March 31, 2017 and thereafter 1.25x 3.

More Definitions of Minimum Ratio

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.

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) that is calculated as follows: MR = (a * b) + c + d 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; c = 12.0%; and d = Government Obligor Factor.

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 Class A or 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 Horizon Factor; and c = with respect to the Class A Certificates, 22.5%, with respect to the Class B Certificates, 14.5%.

Minimum Ratio means 13%.

Minimum Ratio means 15%.

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