Ratio Threshold definition

Ratio Threshold means the level at which the SSC Ratio is accepted by us to be meeting the National Spread Benchmark, as published on our Website; Region means one of: (a) England and Wales; (b) Scotland; or (c) Northern Ireland; Regional Price Plan (Zones) means the price plan set out in Option D of Schedule 3 (Price Plans);
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Examples of Ratio Threshold in a sentence

  • Permit the Interest Service Coverage Ratio as of the end of any Semi-annual Period to be less than the Interest Service Coverage Ratio Threshold as of the last day of such period.

  • Notwithstanding the foregoing, and subject to Section 2.3(b), if Borrower achieves a Quick Ratio of 1.0 to 1.0 or greater (the “Quick Ratio Threshold”), and only for so long as Borrower maintains a Quick Ratio at or above the Quick Ratio Threshold, then the principal amount outstanding under the Revolving Line shall accrue interest at a per annum rate equal to the greater of 0.75% percentage points above the Prime Rate or 4.00%, which interest shall be payable monthly.

  • At any time when either the Trust Portfolio is not in compliance with the Overall Credit Quality Limit or during an RBC Ratio Threshold Breach, the Grantor shall comply with the requirements of clauses (i)-(iii) above of this paragraph with respect to any Passive Exception existing within the Trust Portfolio and these Investment Guidelines.

  • The requirements of clauses (i)-(iii) above of this paragraph shall not apply to a Passive Exception with respect to the Investment Limits set forth in Section III(A) so long as the Trust Portfolio is in compliance with the Overall Credit Quality Limit and an RBC Ratio Threshold Breach has not occurred and is continuing as of such date.

  • Before consummation of an Acquisition Transaction that is reasonably likely to result in the Cash Flow Ratio Threshold being exceeded, Parent shall provide written notice and a reasonable description of such transaction, including pro forma calculations of the Cash Flow Ratio giving effect to such transaction as of the beginning of the most recent three-month period for which Annualized Operating Cash Flow can be calculated, together with reasonable documentary supporting information for such calculation.

  • When the Property shall have achieved the Debt Service Coverage Ratio Threshold, then provided no Event of Default exists and is continuing, the balance of the Debt Service Reserve Fund shall be disbursed to Borrower.

  • The purpose of this filing is to (1) modify the Firm and Broker Dealer Monthly Fee Cap (the ‘‘Monthly Fee Cap’’) and (2) extend the waiver of the Ratio Threshold Fee.

  • For so long as, and only for so long as, the Investor is entitled to nominate two Investor Directors pursuant to Section 11(a), Parent shall not, without the prior written consent of the Company, consummate an Acquisition Transaction if, after giving effect to such transaction, the Cash Flow Ratio will exceed the Cash Flow Ratio Threshold.

  • For instance, managers who propose promotion to subordinates who exceed their goal are demonstrating transactional leadership (Northouse, 2013: 186).

  • The purpose of this filing is to amend the Fee Schedule to waive the Ratio Threshold Fee during the Exchange’s migration of options trading to a new electronic trading platform.

Related to Ratio Threshold

  • Minimum Threshold means the average daily yield on the 10 Year Treasury Note (as reported in the Bloomberg GT10 index) over the Award Period.

  • Stated Threshold means total losses under the shared loss agreements in the amount of $4 Billion ($4,000,000,000.00).

  • Bid threshold means the dollar amount set in N.J.S.A. 18A:18A-3, above which a Board shall advertise for and receive sealed bids in accordance with procedures set forth in N.J.S.A. 18A:18A-1 et seq.

  • Ownership Threshold means, with respect to any Person, Beneficial Ownership of the greater of (A) 15% of the Common Shares at any time outstanding or (B) the percentage of the outstanding Common Shares Beneficially Owned by such Person on the date of this Rights Agreement, plus in the case of this clause (B) 1% of the Common Shares outstanding on such date.

  • Minimum Takedown Threshold shall have the meaning given in Section 2.1.4.

  • Threshold means, for Party B: infinity.

  • Threshold Percentage means 15%.

  • S&P Required Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee or an Eligible Replacement, a long-term unsecured and unsubordinated debt rating or counterparty rating from S&P of “BBB+”.

  • Trigger Amount with respect to Extraordinary Trust Expenses for the Trust is $25,000 and the Maximum Reimbursable Amount is $100,000. The Trustee Fee will be paid by the Expense Administrator. Expenses will be reimbursed by the Expense Administrator in accordance with the Expense Administration Agreement.

  • Required Ratings Threshold means each of the S&P Required Ratings Threshold and the Moody’s Second Trigger Ratings Threshold.

  • Threshold Rating means the short-term unsecured debt rating of P-1 by Moody’s and the short-term issuer credit rating of A-1 by Standard & Poor’s.

  • Alteration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • Restoration Threshold means an amount equal to 5% of the outstanding principal amount of the Loan.

  • VWAP Minimum Price Threshold means, with respect to any particular VWAP Purchase Notice, the Sale Price on the VWAP Purchase Date equal to the greater of (i) 80% of the Closing Sale Price on the Business Day immediately preceding the VWAP Purchase Date or (ii) such higher price as set forth by the Company in the VWAP Purchase Notice.

  • Load Ratio Share means the ratio of a Transmission Customer’s Network Load to the Transmission Provider’s total load.

  • Required Capital Level means an amount of capital equal to 0.5% of the initial principal amount of the Securitization Bonds.

  • Indemnity Threshold has the meaning set forth in Section 9.3.

  • Approved Ratings Threshold means each of the S&P Approved Ratings Threshold and the Moody’s First Trigger Ratings Threshold.

  • Initial Dividend Threshold shall have the meaning specified in Section 14.04(d).

  • stipulated minimum threshold means that portion of local production and content as determined by the Department of Trade and Industry; and

  • S&P Approved Ratings Threshold means, with respect to Party A, the guarantor under an Eligible Guarantee, or an Eligible Replacement, a short-term unsecured and unsubordinated debt rating of “A-1” from S&P, or, if such entity does not have a short-term unsecured and unsubordinated debt rating from S&P, a long-term unsecured and unsubordinated debt rating or counterparty rating of “A+” from S&P.

  • Micro-purchase threshold means the dollar amount at or below which a district may purchase property or services using micro-pur- chase procedures. Generally, the micro-purchase threshold for pro- curement activities administered under federal awards is not to ex- ceed the amount set by the Federal Acquisition Regulations (FAR) at 48 C.F.R. Part 2, Subpart 2.1 [see below], unless a higher threshold is requested by the district and approved by the cogni- zant agency for indirect costs.

  • 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.

  • Cash Flow Coverage Ratio means, for any period, the ratio of (i) Adjusted Parent Operating Cash Flow for such period to (ii) Corporate Charges for such period.

  • 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.

  • Covered Debt Amount means, on any date, the sum of (x) all of the Revolving Credit Exposures of all Lenders on such date plus (y) the aggregate principal amount (including any increase in the aggregate principal amount resulting from payable-in-kind interest) of Other Covered Indebtedness outstanding on such date.