Ratio definition

Ratio means the Ratio as specified in § 1 of the Product and Underlying Data.

Ratio means the ratio specified in the Table, which is the quotient of 1 divided by the Multiplier.

Ratio means the decimal figure as set out in the Table of Product Details.

Examples of Ratio in a sentence

• Commencing with the fiscal quarter ending on or about June 30, 2024, the Company will not permit, as of the end of any fiscal quarter, the Fixed Charge Coverage Ratio to be less than 1.10 to 1.00.

• Permit its Interest Coverage Ratio as of the last day of any fiscal quarter to be less than (i) in the case of Exelon, 2.65 to 1.0; (ii) in the case of ComEd, 2.25 to 1.0; (ii) in the case of PECO, 2.25 to 1.0; and (iv) in the case of Genco, 3.25 to 1.0.

• During a Fixed Charge Trigger Period, permit the Fixed Charge Coverage Ratio to be less than 1.00:1.00, determined (a) immediately upon the commencement of such Fixed Charge Trigger Period based on the most recently ended trailing 12-month period for which the relevant financial statements have been delivered to the Administrative Agent and (b) at each fiscal quarter end thereafter for the 12-month period then ended until the Fixed Charge Trigger Period has ended.

• Commencing as of the end of the first Fiscal Quarter after the first date that the Used Commitment is equal to or greater than $8,250,000 and continuing as of each Fiscal Quarter ending thereafter, the Borrower and its Consolidated Subsidiaries shall maintain a Consolidated Fixed Charge Coverage Ratio of not less than 1.20 to 1.

• Commencing with the fiscal quarter of the Borrower ended December 31, 2024, permit the Total Net Annual Recurring Revenue Leverage Ratio as of the last day of and for any Test Period to be greater than 1.25:1.00; provided, that for purposes of this Section 6.08, Consolidated Total Funded Indebtedness shall not include the Senior Notes Indebtedness.

More Definitions of Ratio

Ratio means initially on the First Trading Date the ratio specified in the Table, which is the quotient of 1 divided by the initial Rebalance Multiplier specified in the Table and thereafter the quotient of 1 divided by the Rebalance Multiplier.

Ratio. , in relation to section 19, means the relationship between the cent amount in the Rand applicable to residential properties and non-residential properties: Provided that the two relevant cent amounts in the Rand are inclusive of any relief measures that amount to rebates of a general application to all properties within a property category;

Ratio means the Ratio which is calculated by the Calculation Agent as follows:

Ratio means the Ratio which is calculated by the Calculation Agent as follows: Ratio = Nominal Amount / Strike

Ratio means the Ratio as specified in § 1 of the Product and Underlying Data. "Reference Price" meansIn the case of Securities related to Underlying, for which "Yes" is specified in the "Italian Underlying" column in Table 2.1 in § 2 of the Product and Underlying Data:the settlement price of options and/or futures on the same Underlying with the same expiry as the respective Valuation Date of the Securities or if unavailable the opening price of the Underlying calculated by the Index Sponsor published on the Relevant Exchange on the respective Valuation Date (the "Settlement Price").In the case of Securities related to Underlying, for which "No" is specified in the "Italian Underlying" column in Table 2.1 in § 2 of the Product and Underlying Data:the Closing Price

Ratio means each of (a) Consolidated Net Secured Leverage Ratio, (b) Consolidated Secured Leverage Ratio, (c) Consolidated Total Leverage Ratio and (d) Maximum Consolidated Net Secured Leverage Ratio.

Ratio means the decimal figure as set out in the Table of Product Details. "Type" means the type as set out in the Table of Product Details.3. If during the Monitoring Period the price of the Share as determined and published by the Exchange is at least once equal to or below (in case of Type CALL) or equal to or above (in case of Type PUT) the applicable Knock-out Barrier (the "Knock-out Event"), the Option Right pursuant to paragraph 1 shall expire.