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): where:
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Examples of Relevant Ratio in a sentence

  • As the highest applicable Relevant Ratio is above 5% but less than 25%, the arrangements contemplated under the Agreement will be subject to the reporting and announcement requirements as set out in Chapter 14 of the Listing Rules.

  • Further, the annual amount to be involved under the Transactions is expected to be higher than 2.5% of the Relevant Ratio.

  • It is anticipated that the final Offer Mix and Relevant Ratio will be finally determined and announced on SENS during February 2014.

  • Integrating information literacy into the education of public health professionals: roles for librarians and the library.

  • As the aggregate annual cap under the New Master Agreements for each of the three financial year ending 31 December 2010 is expected to exceed 2.5% of the Relevant Ratio, these Continuing Connected Transactions are subject to the reporting, announcement and independent shareholders' approval requirements as prescribed under Chapter 14A of the Listing Rules.

  • Should the amounts to be involved in any transaction under this category exceed 0.1% of the Relevant Ratio, the Company will comply with the disclosure obligation or Shareholders’ approval requirement under Chapter 14A of the Listing Rules.

  • To the extent that Adcock Ingram Ordinary Shareholders do not make any election, they will be deemed to have elected to receive their Scheme Consideration in the Relevant Ratio.

  • As the amount involved in the Framework Agreement exceeds 2.5% of the Relevant Ratio, the Framework Agreement is subject to the requirements of reporting, announcement and the Independent Shareholders’ approval in accordance with Chapter 14A of the Listing Rules.

  • Accordingly, the elections made by Adcock Ingram Ordinary Shareholders through the mix-and-match facility will, where necessary, be adjusted on a pro rata basis based on the aggregate amount of cash and New CFR Shares which become available pursuant to the implementation of the CFR Capital Increase, such that the total Scheme Consideration will always reflect the Relevant Ratio.

  • Relevant Ratio AnalysisThe slow but constant increase in ROE and ROA indicate a stable growth in profitability, that is giving higher and higher return to shareholder, and the ability of the management in directing company’s operations.Net profit margin and EBITDA margin is also indicative of the increased operational efficiency of the company.


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, for any Calculation Period, the quotient, expressed as a percentage, of (a) the aggregate initial Unpaid Balance of Eligible Receivables which arose during the four most recent Calculation Periods, divided by (b) the Net Pool Balance as of the most recent Month End Date.

  • 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) without duplication, the aggregate principal amount of any Consolidated Debt of the Borrower and its Subsidiaries outstanding as of the last day of the Test Period most recently ended as of such date 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) Adjusted 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 the ratio of the Group’s consolidated EBITDA to interest expenses for the previous period of twelve (12) months.

  • DBRS Equivalent Rating means, with respect to any Person not rated by DBRS, (i) if such Person is rated by all three of Xxxxx’x, Standard & Poor’s and Fitch Ratings, Ltd. (together, the “Equivalent Rating Agencies”), either (A) if at least two Equivalent Rating Agencies have provided equivalent ratings with respect to such Person, the DBRS equivalent of such equivalent ratings (regardless of any rating from another Equivalent Rating Agency) or (B) otherwise, the median of the DBRS equivalents of the ratings for such Person provided by each of the three Equivalent Rating Agencies, (ii) if such Person is rated by any two of the Equivalent Rating Agencies, the DBRS equivalent of the lower of the ratings for such Person provided by the relevant Equivalent Rating Agencies or (iii) if such Person is rated by only one of the Equivalent Rating Agencies, the DBRS equivalent of the rating for such Person provided by such Equivalent Rating Agency.

  • 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, with respect to any Test Period, the ratio of (a) Consolidated Total Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Quick Ratio means, with respect to Lessee at any time, the ratio, determined on a consolidated basis in accordance with GAAP, 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 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 period of the four fiscal quarters most recently ended.

  • 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, as of any date of determination, the ratio of (a) Consolidated Total Indebtedness on such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date.

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

  • Consolidated Net Leverage Ratio means, on any Transaction Date, the ratio of (a) Consolidated Funded Indebtedness as of such date minus cash and Temporary Cash Investments of the Issuers and the Restricted Subsidiaries to (b) Consolidated EBITDA for the then applicable Four Quarter Period. The Consolidated Net Leverage Ratio shall be calculated consistent with the pro forma adjustments contemplated by the numbered paragraphs included in the definition of Interest Coverage Ratio.

  • Debt Ratio means “Total borrowings (include current & non-current borrowings” divided by “Total Equity ( exclude non-controlling interests)”.

  • 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, at any time, the ratio of (a) consolidated Funded Debt of the Company and its Subsidiaries then outstanding to (b) consolidated EBITDA of the Company and its Subsidiaries for the period of four consecutive fiscal quarters of the Company ending on the most recently ended Test End Date, or in the case of calculations as of a Test End Date, for the period of four consecutive fiscal quarters then ending, plus the Applicable Add-Back for such Test End Date.

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