Rate Ratio means a prescribed ratio to the rate as referred to in section 19(1)(b) of the MPRAA;

Rate Ratio means the relationship between two similar magnitudes in respect of quantity, determined by the number of times one contains the other;

Examples of Rate Ratio in a sentence

If the Rate Ratio Certificate for any Quarterly Payment Period is delivered to the Administrative Agent (which shall promptly provide a copy thereof to the Lenders) three or more days prior to the first day of such Quarterly Payment Period, any adjustment in the Applicable Margin required to be made, as shown in such Rate Ratio Certificate, shall be effective on the first day of such Quarterly Payment Period.
If the Rate Ratio Certificate for any Quarterly Payment Period is delivered to the Administrative Agent three or more days prior to the first day of such Quarterly Payment Period, any adjustment in the Applicable Margin required to be made, as shown in such Rate Ratio Certificate, shall be effective on the first day of such Quarterly Payment Period.
Thereafter, the Applicable Margin for each Quarterly Payment Period shall be determined based upon a Rate Ratio Certificate for such Quarterly Payment Period delivered by the Borrowers to the Administrative Agent under this Section 3.03.
Successful CBRNE resilience requires a global System-of-Systems approach.
Any property that meets the PBO criteria as determined by the MPRA Rate Ratio Regulations, yet does not qualify for the 100% rebate in terms of this policy, shall be rated at 25% of the residential cent-in-the-rand.

More Definitions of Rate Ratio

Rate Ratio means, for any Quarterly Payment Period, the daily average ---------- of the Total Leverage Ratio during the fiscal quarter ending on, or most recently ended prior to, the first day of such Quarterly Payment Period, provided that (a) the Rate Ratio on the Closing Date shall be the Total Leverage -------- Ratio on such date (after giving effect to the transactions contemplated hereunder to occur on or prior to the Closing Date) and (b) for purposes of determining the Rate Ratio for the period from and after the Closing Date until such time as one complete fiscal quarter shall have elapsed subsequent to the Closing Date, the daily average of the Total Leverage Ratio shall be determined only for the portion of such fiscal quarter commencing on the Closing Date.

Rate Ratio means, for any Quarterly Payment Period, the daily average ---------- of the Senior Leverage Ratio during the fiscal quarter ending on, or most recently ended prior to, the first day of such Quarterly Payment Period, provided that until such time as one complete fiscal quarter shall have elapsed -------- subsequent to the Effective Date, such daily average of the Senior Leverage Ratio shall be determined only for the portion of such fiscal quarter commencing on the Effective Date.

Rate Ratio means, for any Quarterly Payment Period, the ratio of (x) the daily average of the aggregate amount of all Indebtedness of the Borrowers and their Subsidiaries (excluding Affiliate Subordinated Indebtedness and the first $10,000,000 of Capital Lease Obligations and non-recourse liens described in clauses (c) and (e) of the definition of Indebtedness as defined in this Section 1.01) outstanding during the fiscal quarter ending immediately prior to the first Business Day of such Quarterly Payment Period to (y) the product of (i) System Cash Flow for such fiscal quarter times (ii) four. By way of illustration, the Rate Ratio for a Quarterly Payment Period commencing on the last Business Day of June of any year shall be the ratio of (A) the daily average of the Indebtedness referred to in clause (x) above during the fiscal quarter ending on the March 31 immediately preceding the last Business Day of such June to (B) the product of (i) System Cash Flow for such fiscal quarter times (ii) four. Notwithstanding the foregoing, (a) during the second Quarterly Payment Period (i.e. the period from and including the last Business day of December 2004 to but not including the last Business Day of March 2005), the Rate Ratio shall be the Total Leverage Ratio as of the Closing Date and (b) during the third Quarterly Payment Period (i.e. the period from and including the last Business Day of March 2005 to but not including the last Business Day of June 2005), the Rate Ratio shall be the ratio of (x) the daily average of the aggregate amount of all Indebtedness of the Borrowers and their Subsidiaries (excluding Affiliate Subordinated Indebtedness and the first $10,000,000 of Capital Lease Obligations and non-recourse liens described in clauses (c) and (e) of the definition of Indebtedness as defined in this Section 1.01) outstanding during the period from and including the Closing Date to but excluding the last Business Day of December 2004 to (y) the product of (i) System Cash Flow for the fiscal quarter ending on the last Business Day of December 2004 times (ii) four.

Rate Ratio means, for any Quarterly Payment Period, the ---------- daily average of the Total Leverage Ratio during the fiscal quarter ending immediately prior to the first day of such Quarterly Payment Period. By way of illustration, the Rate Ratio for a Quarterly Payment Period commencing on the last Business Day of June of any year shall be the daily average of the Total Leverage Ratio during the fiscal quarter ending on the March 31 immediately preceding the last Business Day of such June. Notwithstanding the foregoing, during the first Quarterly Payment Period (i.e. the period from and including the Closing Date to but not including the last Business Day of December 2001), the Rate Ratio shall be the Total Leverage Ratio on the Closing Date (computed on a pro forma basis after giving effect to the borrowings to be made to enable the Borrowers to effect any Broadband Acquisition being consummated on the Closing Date). Credit Agreement ----------------

Rate Ratio means, for any Quarterly Payment Period, the daily ---------- average of the Total Leverage Ratio during the fiscal quarter ending on, or most recently ended prior to, the first day of such Quarterly Payment Period, provided that (a) the Rate Ratio on the Closing Date shall be the Total Leverage -------- Ratio on such date, (b) the Rate Ratio on the date of the Triax Acquisition shall be the Total Leverage Ratio (computed on a pro forma basis after giving effect to the borrowings to be made (i) to enable the Borrowers to make Restricted Payments to Mediacom pursuant to Section 8.09(e) hereof in connection with the Triax Acquisition and (ii) to enable Mediacom Arizona to effect the Apache Acquisition) and (c) for purposes of determining the Rate Ratio for the period from and after the date of the Triax Acquisition until such time as one complete fiscal quarter shall have elapsed subsequent to the date of the Triax Acquisition, the daily average of the Total Leverage Ratio shall be determined only for the portion of such fiscal quarter commencing on the date of the Triax Acquisition.

Rate Ratio means, for any Quarterly Payment Period, the ratio of (x) the daily average of the aggregate amount of all Indebtedness of the

Rate Ratio definition

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