Retention Ratio definition

Retention Ratio means the ratio that the Maximum CMPI Note Conversion Shares bears to the Series F Conversion Shares.
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Retention Ratio means a fraction, the numerator of which is the number of shares of Newlink beneficially owned by the Founder and any and all Founder Affiliates as of the applicable date of determination, and the denominator of which is the number of shares of Newlink beneficially owned by the Founder and any and all Founder Affiliates as of immediately after the consummation of the Business Combination Closing.
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Retention Ratio means the quotient of (a) the aggregate gross dealer concessions and investment advisory fees (calculated based on the same data sources, principles and methodologies as used in the Schedule of Aggregate Gross Dealer Concessions and Investment Advisory Fees set forth in Exhibit B, which Exhibit shall be provided by Parent to Purchaser no later than August 15, 2008 and shall be prepared using the same data sources and methodologies as used in the preparation of such schedule dated as of June 30, 2008 and provided to Purchaser prior to the date of this Agreement) generated in the twelve (12) months prior to August 1, 2008 by the Covered Representatives (provided that, with respect to any Covered Representatives who became affiliated with the Company or any of its Subsidiaries within the twelve (12) months prior to the date of this Agreement, the amount generated by such Covered Representatives within the twelve (12) months prior to August 1, 2008 shall be annualized on a straight-line basis and included in this sum) divided by (b) the aggregate gross dealer concessions and investment advisory fees (calculated based on the same data sources, principles and methodologies as used in the Schedule of Aggregate Gross Dealer Concessions and Investment Advisory Fees set forth in Exhibit B with the historic actual amounts reconciled to the Company’s general ledger) generated in the twelve (12) months prior to August 1, 2008 by all registered representatives and investment advisory representatives who were affiliated with the Company or any of its Subsidiaries as of the date of this Agreement (provided that, with respect to any Covered Representatives who became affiliated with the Company or any of its Subsidiaries within the twelve (12) months prior to the date of this Agreement, the amount generated by such Covered Representatives within the twelve (12) months prior to August 1, 2008 shall be annualized on a straight-line basis and included in this sum).
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Examples of Retention Ratio in a sentence

  • Retention Ratio is a non-GAAP financial measure and is calculated by dividing net written premium by gross written premium.

  • The Borrower shall not permit the Asset Retention Ratio to be less than 65% at any time, measured as of the last day of any Fiscal Quarter.

  • If Seller objects on a timely basis, the calculation of the Renewal Retention Ratio will not be binding and conclusive, and Buyer and Seller shall negotiate in good faith to resolve Seller’s objections.

  • Seller shall have ten (10) Business Days from the date of receipt of such notice to deliver written notice of its objections to the Renewal Retention Ratio, specifying in reasonable detail the basis for the objections.

  • If Seller does not timely object, Buyer’s calculation of the Renewal Retention Ratio shall be binding and conclusive.

Related to Retention Ratio

  • Capitalization Ratio means, at any date of determination, the ratio of (a) Funded Debt to (b) Capitalization.

  • Allocation Ratio With respect to any Series, as defined in the related Supplement.

  • Dilution Ratio means, at any date, the amount (expressed as a percentage) equal to (a) the aggregate amount of the applicable Dilution Factors for the twelve (12) most recently ended fiscal months divided by (b) total gross sales for the twelve (12) most recently ended fiscal months.

  • Consolidated Capitalization Ratio on the last day of any fiscal quarter, the ratio of (a) Consolidated Total Indebtedness to (b) Consolidated Capital.

  • Distribution Ratio shall have the meaning set forth in the Separation and Distribution Agreement.

  • Dilution Horizon Ratio means, as of any Cut-off Date, a ratio (expressed as a decimal), computed by dividing (i) the aggregate sales generated by the Originators during the Calculation Period ending on such Cut-Off Date, by (ii) the Net Pool Balance as of such Cut-Off Date.

  • Performance Ratio (PR) means the ratio of plant output versus installed plant capacity at any instance with respect to the radiation measured. PR= (Measured output in kW / Installed Plant capacity in kW * (1000 W/m2/Measured radiation intensity in W/m2).

  • Adjusted Dilution Ratio means, at any time, the rolling average of the Dilution Ratio for the 12 Calculation Periods then most recently ended.

  • Quick Ratio means the ratio of:

  • 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.

  • Senior Net Leverage Ratio means, as of any date of determination, the ratio of (a) Senior Indebtedness on such date to (b) Consolidated Adjusted EBITDA for the period of four consecutive fiscal quarters of the Borrower ended on or prior to such time (taken as one accounting period) in which financial statements for each quarter or fiscal year in such period have been or were required to be delivered pursuant to Section 5.01(a) or (b) without giving effect to any grace period applicable thereto.

  • Debt to Capitalization Ratio means, with respect to the Borrower, as of any date of determination, the ratio of (a) Total Debt for the Borrower as of such date to (b) Total Capitalization for the Borrower as of such date.

  • 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.

  • TTM EBITDA means, as of any date of determination, EBITDA of Borrower determined on a consolidated basis in accordance with GAAP, for the 12 month period most recently ended.

  • 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.

  • 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.

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • 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.

  • 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.

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

  • Consolidated Senior Leverage Ratio means, for any date of determination (i) Consolidated Funded Indebtedness on such date of determination (excluding the Unsecured Note Indebtedness) to (ii) Consolidated Adjusted EBITDA for the applicable period of four consecutive fiscal quarters.

  • 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.

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

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

  • EBITDAX means, for any period, the sum of Consolidated Net Income for such period plus the following expenses or charges to the extent deducted from Consolidated Net Income in such period: interest, income taxes, depreciation, depletion, amortization, exploration expenses and other similar noncash charges, minus all noncash income added to Consolidated Net Income.

  • 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.