Risk Assets Ratio definition

Risk Assets Ratio means, as of any date of determination, the ratio of (a) the sum of the Net Book Value of all Finished Lots, Lots Under Development, and Land Held for Future Development/Disposition of the Consolidated Group, to (b) Tangible Net Worth.
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Risk Assets Ratio means, as of any date of determination, the ratio of (a) the sum of the Net Book Value of all Finished Lots, Lots Under Development, and Land Held for Future Development/Disposition of the Financial Covenant Consolidated Group, to (b) Tangible Net Worth. “Sanction(s)” means any sanction administered or enforced by the United States Government (including OFAC), the United Nations Security Council, the European Union, Her Majesty’s Treasury (“HMT”) or other relevant sanctions authority. “Scheduled Unavailability Date” has the meaning specified in Section 3.03(b). “SEC” means the Securities and Exchange Commission, or any Governmental Authority succeeding to any of its principal functions. “Second Amendment Effective Date” means July 19, 2023. “Senior Notes Indebtedness” means any unsecured high yield or other bond Indebtedness entered into by Borrower in accordance with any Senior Notes Indenture. “Senior Notes Indenture” means individually or collectively, as the context may suggest or require, any indenture, contract or instrument entered into by Borrower, subject to the terms and conditions hereof, providing for the creation or otherwise concerning the Senior Notes Indebtedness. “SOFR” means with respect to any applicable determination date the Secured Overnight Financing Rate published on the fifth (5th) U.S. Government Securities Business Day preceding such date by the SOFR Administrator on the Federal Reserve Bank of New York’s website (or any successor source); provided, however, that if such determination date is not a U.S. Government Securities Business Day, then SOFR means such rate that applied on the first U.S. Government Securities Business Day immediately prior thereto. “SOFR” means the Secured Overnight Financing Rate as administered by the Federal Reserve Bank of New York (or a successor administrator). “SOFR Adjustment” means 0.10%.
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Risk Assets Ratio means, as of any date of determination, the ratio of (a) the sum of the value of all Land, Entitled Land, A&D Improvements and vacant Lots owned by Parent or its Subsidiaries, to (b) the Tangible Net Worth of Parent and its Subsidiaries.
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Examples of Risk Assets Ratio in a sentence

  • Capital to Risk Assets Ratio Requirement means the requirement for the minimum capital to risk-weighted assets ratio (CRAR) of the Issuer, determined in accordance with the guidelines of the RBI, which currently is 9.00 per cent.

  • If, and to the extent that, on the due date for payment of interest on the Notes, the Issuer is not, or would be caused by any payment of the principal of and interest on any Upper Tier II Subordinated Note not to be, in compliance with the then applicable Capital to Risk Assets Ratio Requirement, then the Issuer shall not pay any interest on such date and payment of such interest shall be deferred as provided in Condition 2.2(c)(iii) below.

  • Reforms after Recommendation:After the Second report of the Narasimham Committee following reforms were made in the banking sector:(1) Minimum Capital Risk Assets Ratio (CRAR) was increased to 9 percent.

  • The capital structure of the Company consists of only share capital.The Company being a Non-Deposit taking NBFC has to maintain a Capital to Risk Assets Ratio (CRAR) of 15%.

  • There are no unclaimed deposits, unclaimed / unpaid interest, refunds due to the deposit holders or to be deposited to the Investor Education and Protection Fund as on March 31, 2011.Capital Adequacy RatioYour Company’s Capital to Risk Assets Ratio (CRAR) calculated in line with the Non-Banking Financial (Non-Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007 (“RBI Directions”) stood at 17.82 per cent, well above the regulatory minimum of 15 per cent.

  • The Capital Adequacy Ratio (CAR) is also known as Capital to Risk Assets Ratio (CRAR) is the ratio of Bank’s capital to its risk.

  • Kamani Marg, Ballard Estate, Mumbai - 400 001 Contact No.: 022 – 40807050; 022 - 40807021Email: itsl@idbitrustee.com Website: www.idbitrustee.com CAPITAL ADEQUACYThe Capital to Risk Assets Ratio (CRAR) of the Company as on 31st March, 2022 was at 34.17% (Tier I – 32.72%).

  • The auditor needs to comment on the correctness of the Capital Adequacy Ratio (CAR) and compliance with the minimum Capital Risk Assets Ratio (CRAR) disclosed in the written submission to the RBI.

  • As on 31stMarch, 2021, the Capital to Risk Assets Ratio (CRAR) of your Company was 19.64% which is well above the minimum requirement of 15% CRAR prescribed by the Reserve Bank of India.

  • There are no unclaimed deposits, unclaimed /unpaid interest, refunds due to the deposit holders or to be deposited to the Investor Education and Protection Fund as on 31st March, 2014.CAPITAL ADEQUACY RATIOYour Company’s Capital to Risk Assets Ratio (CRAR) calculated in line with the Non Banking Financial (Non Deposit Accepting or Holding) Companies Prudential Norms (Reserve Bank) Directions, 2007 (“RBI Directions”) stood at 49.55%, which is above the regulatory minimum of 15%.

Related to Risk Assets Ratio

  • Consolidated Fixed Charge Coverage Ratio means, with respect to any Person, the ratio of Consolidated EBITDA of such Person during the four full fiscal quarters (the “Four-Quarter Period”) ending prior to the date of the transaction giving rise to the need to calculate the Consolidated Fixed Charge Coverage Ratio for which internal financial statements are available (the “Transaction Date”) to Consolidated Fixed Charges of such Person for the Four-Quarter Period. In addition to, and without limitation of, the foregoing, for purposes of this definition, “Consolidated EBITDA” and “Consolidated Fixed Charges” shall be calculated after giving effect on a pro forma basis for the period of such calculation to (i) the incurrence or repayment of any Indebtedness or the issuance of any Designated Preferred Stock of such Person or any of its Restricted Subsidiaries (and the application of the proceeds thereof) giving rise to the need to make such calculation and any incurrence or repayment of other Indebtedness or the issuance or redemption of other Preferred Stock (and the application of the proceeds thereof), other than the incurrence or repayment of Indebtedness in the ordinary course of business for working capital purposes pursuant to revolving credit facilities, occurring during the Four-Quarter Period or at any time subsequent to the last day of the Four-Quarter Period and on or prior to the Transaction Date, as if such incurrence or repayment or issuance or redemption, as the case may be (and the application of the proceeds thereof), had occurred on the first day of the Four-Quarter Period; and (ii) any Asset Sales or other dispositions or Asset Acquisitions (including any Asset Acquisition giving rise to the need to make such calculation as a result of such Person or one of its Restricted Subsidiaries (including any Person who becomes a Restricted Subsidiary as a result of the Asset Acquisition) incurring, assuming or otherwise being liable for Acquired Indebtedness and also including any Consolidated EBITDA attributable to the assets which are the subject of the Asset Acquisition or Asset Sale or other disposition and without regard to clause (vi) of the definition of Consolidated Net Income), investments, mergers, consolidations and disposed operations (as determined in accordance with GAAP) occurring during the Four-Quarter Period or at any time subsequent to the last day of the Four-Quarter Period and on or prior to the Transaction Date, as if such Asset Sale or other disposition or Asset Acquisition (including the incurrence or assumption of any such Acquired Indebtedness), investment, merger, consolidation or disposed operation, occurred on the first day of the Four-Quarter Period. If such Person or any of its Restricted Subsidiaries directly or indirectly guarantees Indebtedness of a third Person, the preceding sentence shall give effect to the incurrence of such guaranteed Indebtedness as if such Person or any Restricted Subsidiary of such Person had directly incurred or otherwise assumed such other Indebtedness that was so guaranteed.

  • 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.

  • Consolidated Net Leverage Ratio means, as of any date of determination, the ratio of (x) Consolidated Net Leverage at 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 date of such determination for which internal consolidated financial statements of the Company are available; provided, however, that for the purposes of calculating Consolidated EBITDA for such period, if, as of such date of determination:

  • Interest Coverage Ratio means, as of the end of each fiscal quarter, the ratio of (a) Consolidated EBITDA to (b) Consolidated Interest Expense, in each case for the then-most recently concluded period of four consecutive fiscal quarters.