Relevant Ratio definition

Relevant Ratio means the number of Shares representation one SDR pursuant to the terms of the Deposit Agreement, being as of the Signing Date, one such SDR representing one Share;
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Relevant Ratio shall have the meaning assigned to such term in the definition of “Permitted Transaction Leverage Test” in this Section 1.01.
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Relevant Ratio means the following ratio (measured as at the date of the relative Relevant New Issue Notice):
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Examples of Relevant Ratio in a sentence

  • In addition, the Vendor ships specific limited entry permits that require additional items or inserts to FWC for distribution.

  • Canonical Remarks Concerning the Relevant Ratio Fundamentalis Institutionis Sacerdotalis Standards Małgorzata TomkiewiczRatio Fundamentalis: The Role of Specialists in Formation for Priesthood.

  • If your election is not received by the Transfer Secretaries by 12h00 on the Business Day before the Scheme Record Date, you will (unless you are a Cash-Only Shareholder) be deemed to have elected to receive cash and CFR Shares in the Relevant Ratio.

  • Dissenting Shareholders which are neither Scheme Participants nor Deemed Scheme Participants shall be deemed to have elected to receive their entire Scheme Consideration in a combination of cash and CFR Shares in the Relevant Ratio, notwithstanding that they may ultimately be entitled to be paid in cash pursuant to the valid exercise by them of their Appraisal Rights.

  • The highest applicable Relevant Ratio in respect of the Master Mutual Forwarding Services Agreement (other than the profits ratio) is more than 0.1% but less than 5%, such continuing connected transactions shall be subject to the reporting and announcement requirements set out in Chapter 14A of the Listing Rules, but is exempted from the circular, independent financial advice and the independent shareholders’ approval requirements.

  • You will be deemed to have elected to receive a combination of cash and CFR Shares in the Relevant Ratio.

  • If you are a Deemed Scheme Participant, you will (unless you are a Cash-Only Shareholder) be deemed to have elected to receive cash and CFR Shares in the Relevant Ratio.

  • The respective highest applicable Relevant Ratio of the Further Revised Xiamen ITG Annual Caps and the Further Revised Xiangyu Logistics Annual Caps is expected to exceed 25% but less than 100%.

  • If your CSDP or Broker does not make such an election timeously, you shall (unless you are a Cash-Only Shareholder) be deemed to have elected to receive cash and CFR Shares in the Relevant Ratio.

  • LISTING RULES IMPLICATIONS As the highest applicable Relevant Ratio in respect of the maximum amount of the expected final consideration of the the Acquisition is more than 25% but less than 100%, the Acquisition constitutes a major transaction of the Company and is subject to the requirements for notification, announcement and approval by the Independent Shareholders at the EGM under Chapter 14 of the Listing Rules.


More Definitions of Relevant Ratio

Relevant Ratio means, in respect of a Financial Covenant, the result of any test of that Financial Covenant expressed as a ratio.
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Related to Relevant Ratio

  • Current Ratio means the ratio of Current Assets to Current Liabilities.

  • Adjustment ratio means the value of index A divided by index

  • Percentage Ratio means with respect to a Trust, the percentage relationship among the Securities based on the number of contracts of each Option per Unit, the principal amount of each Bond per Unit and the number of shares of each Equity Security per Unit compared to all Securities attributable to each Unit existing immediately prior to the related additional deposit of Securities. The Percentage Ratio shall be adjusted to the extent necessary, and may be rounded, to reflect the occurrence of a stock dividend, a stock split or a similar event which affects the capital structure of the issuer of a security."

  • Adjusted Leverage Ratio means, as of any date, the ratio of (a) Consolidated Total Funded Debt outstanding as of such date minus any Unrestricted Cash over $3,000,000 to (b) EBITDA for the period of four consecutive fiscal quarters ending on such date.

  • percentage ratios has the meaning ascribed to it under the Listing Rules;

  • Loss Horizon Ratio means, as of any date of determination, a fraction (expressed as a percentage), (a) the numerator of which is the aggregate initial Unpaid Balance of all Receivables originated by each Originator during the immediately preceding four Settlement Periods then most recently ended and (b) the denominator of which is the Net Portfolio Balance as of the Cut-Off Date of the most recently ended Settlement Period.

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

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Net Total Leverage Ratio means on any date, the ratio of (A) (i) the sum of, without duplication, (x) the aggregate principal amount of any Consolidated Debt consisting of Loan Obligations outstanding as of the last day of the Test Period most recently ended as of such date (other than Excluded Transaction Debt) and (y) the aggregate principal amount of any other Consolidated Debt of the Borrower and its Subsidiaries as of the last day of such Test Period (other than Excluded Transaction Debt) less (ii) without duplication, the Unrestricted Cash and unrestricted Permitted Investments of the Borrower and its Subsidiaries as of the last day of such Test Period, to (B) EBITDA for such Test Period, all determined on a consolidated basis in accordance with GAAP; provided, that the Net Total Leverage Ratio shall be determined for the relevant Test Period on a Pro Forma Basis.

  • Loss Ratio means the ratio (expressed as a percentage) of the total amount of losses on claims associated with insurance policies incurred during a specified period to premiums earned during such period. The loss ratio is a key measure of underwriting profitability and the quality of the insurance portfolio and is used for comparisons to industry benchmarks and internal targets.

  • Interest Cover Ratio means, on each Measurement Date, the ratio of (a) EBITDA to (b) Net Interest Charged in respect of the Measurement Period ending on that Measurement Date;

  • DBRS Equivalent Rating means, with respect to any date and any Person with respect to whom DBRS does not maintain a public Relevant DBRS Rating as of such date:

  • CET1 Ratio means, as of any Balance Sheet Date, the CET1 Capital as of such Balance Sheet Date, divided by the BIS Risk Weighted Assets as of such Balance Sheet Date, expressed as a percentage, such ratio (or the components thereof) as determined by the Group Holding Company, and (i) as disclosed in the Quarterly Financial Accounts published on the relevant Ordinary Publication Date or (ii) constituting (or as disclosed in) the Reviewed Interim Measurement published upon the instruction of the FINMA on the relevant Extraordinary Publication Date, as applicable.

  • Total Leverage Ratio means, on any date, the ratio of (a) Consolidated Total Debt as of such date to (b) Consolidated EBITDA for the Test Period as of such date.

  • Quick Ratio means the ratio of:

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries for such Test Period.

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed four fiscal quarters.

  • Margin Ratio is the percentage of the value of the Collateral up to which the Customer is permitted to borrow (or otherwise to secure other forms of financial accommodation) from the Company against the Collateral.

  • Net Leverage Ratio means, at any time, the ratio of (a)(i) Consolidated Total Indebtedness at such time minus (ii) the Qualified Cash Amount to (b) Consolidated EBITDA for the most recently completed period of four fiscal quarters.

  • Consolidated Total Leverage Ratio means, with respect to any Person as of any Applicable Calculation Date, the ratio of (x) Consolidated Total Indebtedness as of such date to (y) the aggregate amount of Consolidated EBITDA for the period of the most recent four consecutive fiscal quarters ending prior to the Applicable Calculation Date for which internal consolidated financial statements of the Issuer are available, in each case with such pro forma adjustments as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Index Ratio means the Final Index Price divided by the Initial Index Price.

  • Consolidated Net Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date, minus unrestricted cash and Cash Equivalents of the Loan Parties on deposit with financial institutions located in the United States, not to exceed $75,000,000 to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries on a consolidated basis for the most recently completed Measurement Period.

  • Debt Ratio as at the last day of any fiscal quarter, the ratio of (a) Consolidated Total Debt minus Designated Cash Balances on such date to (b) Consolidated EBITDA.

  • Combined Ratio means the sum of the loss ratio and the expense ratio. The combined ratio measures the proportion of the Company’s total cost to its premium earned and is used to assess the profitability of the Company’s insurance underwriting activities.

  • Adjusted Eurodollar Rate means for any Interest Period with respect to any Eurodollar Loan, an interest rate per annum (rounded upwards, if necessary, to the next 1/100 of 1.00%) equal to (a) the Eurodollar Rate for such Interest Period multiplied by (b) the Statutory Reserves.

  • Funded Debt Ratio means, as of the end of a quarter, the ratio of (A) Borrower’s consolidated obligations for borrowed money and obligations evidenced by bonds, debentures, notes, bills or other similar instruments to (B)