Target Ratio definition

Target Ratio for each calendar month shall mean the amount specified in Schedule IV with respect to such month.

Target Ratio for each calendar month shall mean the amount specified in Schedule III with respect to such month.

Target Ratio is defined in the definition of “Curative Distribution.”

Examples of Target Ratio in a sentence

• L = 0.05 * P * a DAILY TRANSFER CALCULATION: The following formula, which is set on the Effective Date and is not changed for the life of the guarantee, determines when a transfer is required: Target Ratio r = (L - B) / (V\\V\\ + V\\F\\) .

• The following formula, which is set on the Effective Date and is not changed for the life of the guarantee, determines when a transfer is required: Target Ratio r = (L - B) / (V\\V\\ + V\\F\\).

• The following formula, which is set on the Effective Date and is not changed for the life of the guarantee, determines when a transfer is required: --------------------------------------- Target Ratio r = (L - (B + F)) / V .

• The table below presents Pillar 1 and Pillar 2 capital requirements as defined above and according to CSSF circular 07/301, Annex Point I.2.The internal Target Ratio has been defined in the document “Principes directeurs” defined and approved by the Board of directors.

• Any increase in the applicable Incentive Fee Percentage, as provided in this section, shall be effective as of the date on which the Net Collection Target Ratio fell within the requisite range entitling the Servicer to an increased Incentive Fee, and shall apply only to those Collections falling within such requisite range.

More Definitions of Target Ratio

Target Ratio. With respect to any Class of Notes, a fraction equal to (a) the Target Fraction for such Class of Notes over (b) the sum of the Target Fractions for such Class of Notes and all other Classes of Notes that are senior to such Class of Notes.

Target Ratio has the meaning set forth in Section 6.12(a).

Target Ratio means with respect to the Company, a ratio of Senior Debt to Total Capitalization to be determined in accordance with Section 2.1, which ratio shall not be less than [***], calculated in accordance with Section 5.6(a) of the Common Terms Agreement.

Target Ratio means, with respect to a calendar year during the Performance Period, a Book-to- Xxxx Ratio established by the Committee as the Target Ratio for such calendar year, which ratio shall be greater than the Threshold Ratio and less than the Maximum Ratio established by the Committee for such calendar year. “Threshold Ratio” means, with respect to a calendar year during the Performance Period, a Book- to-Xxxx Ratio established by the Committee as the Threshold Ratio for such calendar year, which ratio shall be less than the Target Ratio established by the Committee for such calendar year. IV. Determination of the “Earned” Value of Performance Units Performance Percentage Column A Column B Weighting 1. <Threshold 0% 2. Threshold 25% 3. Target 100% 4. Maximum 200% Company’s Average TSR Rank with Peer Group Members’ Average TSR 50% <20% 20% 50% 90% For a result (the “Performance Percentage”) between Threshold and Target or Target and Maximum in Column B, the Performance Percentage earned shall be determined by linear interpolation between maximum and threshold based on the result achieved for the performance measure. The “target” value of a Performance Unit is $1.00; its maximum value is $2.00 per unit if the maximum performance objective for the performance measure in Column B in the table above and the maximum Average Book-to-Xxxx Payout Ratio are achieved, and the Performance Unit value will be zero if the threshold performance objective for the performance measure in Column B in the table above is not achieved and the Average Book-to-Xxxx Payout Ratio is 0%. The value of an “earned” Performance Unit shall be determined by multiplying its “target” value of $1.00 by the Payout Percentage for the Performance Period, subject to reduction as provided in Paragraph 3 of the Agreement. The “Payout Percentage” for the Performance Period shall be equal to the sum of (i) the product of 50% and the Average Book-to-Xxxx Payout Ratio and (ii) the product obtained by multiplying Column A by the Column B Performance Percentage result for the TSR performance measure.

Target Ratio means, with respect to a calendar year during the Performance Period, a Book-to-Xxxx Xxxxx established by the Committee as the Target Ratio for such calendar year, which ratio shall be greater than the Threshold Ratio and less than the Maximum Ratio established by the Committee for such calendar year. “Threshold Ratio” means, with respect to a calendar year during the Performance Period, a Book-to-Xxxx Xxxxx established by the Committee as the Threshold Ratio for such calendar year, which ratio shall be less than the Target Ratio established by the Committee for such calendar year. B. Determination of the “Earned” Value of Book-to-Bill Performance Units The “target” value of a Book-to-Bill Performance Unit is $1.00; its maximum value is $2.00 per unit, and its minimum value will be zero per unit. The value of an “earned” Book-to-Bill Performance Unit shall be determined by multiplying its “target” value of $1.00 by the Average Book-to-Bill Payout Ratio for the Performance Period, subject to reduction as provided in Paragraph 3 of the Agreement. Notwithstanding the foregoing, unless otherwise provided in an agreement pursuant to Paragraph 14 of the Agreement, the Average Book-to-Bill Payout Ratio shall be deemed to have been met at the maximum level (200%) in connection with a Double Trigger Event as provided in Paragraph 2(d) of the Agreement.

Target Ratio for each month shall mean the amount specified in Schedule IV with respect to such month.

Target Ratio for any Year means a fraction, the numerator of which is the Target Earnings Per Share for such Year and the denominator of which is the Earnings Per Share for such Year.