Maximum Leverage definition

Maximum Leverage means the ratio of total liabilities of the Borrower divided by its tangible net worth at all times;
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Maximum Leverage means, in respect of each period during which financial statements are required to be delivered pursuant to Clause 19.1 (Financial statements), the ratio of Total Consolidated Liabilities, to Value Adjusted Total Assets, as shown in the applicable consolidated financial statements of the Guarantor for such accounting period and determined in accordance with GAAP.
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Maximum Leverage means, at any time, the figure calculated using the following formula: Maximum Leverage = Total Indebtedness Total Assets
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Examples of Maximum Leverage in a sentence

  • Year Ended Minimum Leverage Maximum Leverage Leverage at end of Reporting PeriodRecent Developments Other than indicated below, there are no recent industry, management or ETF related developments that are pertinent to the present and future of the ETF.

  • Maximum Leverage is limited to the leverage limit for retail hedge funds as set by regulations from time to time.

  • The Revolving Credit Facility allows for a Maximum Leverage Ratio of 3.50 and a Minimum Interest Coverage Ratio of 2.50, subject to certain conditions defined in the financing agreement.

  • Fixed Charge Coverage ratio is defined as the ratio of (a) consolidated EBITDA less capital expenditures to (b) the sum of debt service payments, interest expense, current income taxes paid, cash dividends and distributions paid, management, consulting, monitoring, and advisory fees, cash earn-outs paid, and capital expenditures; and o Maximum Leverage Ratio of 4.00 : 1:00 starting in Q3 2016 and gradually decreasing to 1.50 : 1.00 in Q4 2020.

  • For purposes of determining compliance with the leverage ratio covenant, the Maximum Leverage Ratio (as defined) for the quarterly computation dates for the remainder of the term of the Credit Facility was redefined.


More Definitions of Maximum Leverage

Maximum Leverage means the ratio of Total Indebtedness to Total Assets.
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Maximum Leverage means that quotient equal to (a) the sum of (i) Senior Secured Debt plus (ii) Subordinated Debt, divided by (b) Adjusted EBITDA."
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Maximum Leverage means, in respect of each period during which Applicable Accounts relate, the ratio of Total Debt to Adjusted Total Assets as shown in the Applicable Accounts for the Group for any accounting period and determined in accordance with the Applicable Accounting Principles;
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Maximum Leverage. The Leverage Ratio shall not exceed 0.50:1.00. ----------------
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Maximum Leverage means the leverage specified as such in the definition of the relevant Series in the applicable Final Terms;
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Maximum Leverage means a Leverage ratio of 200:1, provided that for certain Products the Leverage shall be capped in lower levels e.g. 25:1 and 50:1 etc.
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Maximum Leverage means a percentage indicatively set at 130% with a minimum of 100%; the final percentage will be determined by the end of the Offer Period; and
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