Leverage Policy Sample Clauses

A Leverage Policy clause sets out the rules and limitations regarding the use of borrowed funds or financial leverage within a contractual relationship. Typically, it defines the maximum allowable leverage ratio, outlines the types of debt instruments permitted, and may require regular reporting to ensure compliance. By establishing clear boundaries on leverage, this clause helps manage financial risk and protects parties from excessive indebtedness that could jeopardize the agreement's stability.
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Leverage Policy. The Shareholders agree to cause the Company to conduct its operations and activities consistent with a financial structuring and leverage policy that aims to optimize the Company’s financing structure, including by maintaining the optimum debt-to-equity ratio.
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Leverage Policy. The parties acknowledge that, subject to Limited Partner approval, the Ventures intend to leverage the Approved Investments and, if desirable, to refinance the Approved Investments. The parties anticipate that acquisition financing will range from 50% to 85% of the cost of each acquisition and each Venture generally will maintain a leverage ratio of 65%.
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Leverage Policy. 24.9.1. We offer Contracts both with or without leverage. If you trade CFDs using leverage, this allows you to deposit only a part of the cost of your Transaction and/or Contract upfront. The aforesaid deposit is also known as "margin" and is used by us as security against any potential losses you may incur. There is a maximum leverage amount applied to the different underlying CFD products as set forth by Law sets, but we can decrease the leverage we offer at any time. You can find out more about leverage and the risks of trading CFDs on our website.
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Leverage Policy. The Manager may choose to borrow money from time to time from one or more lenders (e.g., Credit Facilities, Facilities, Mortgages, Notes, Debt) (individually and/or collectively “Debt”) and may pledge one or more Operating Company assets as collateral for any such borrowing, subject to certain restrictions imposed in this Operating Agreement. This Operating Agreement grants the Manager significant latitude and discretion in its ability to use Debt in the operation of the Operating Company. Any Debt shall be nonrecourse to Unit Holders, however, the Managing Member (and/or its principals) may agree to provide Guaranties for a given Debt, but are not required to do so. Any Debt will likely have covenants that affect the Operating Company, its Special Purpose Vehicles (“SPV”), and the Manager. Limiting Factor Means the restriction on issuance of Units by the Operating Company under the terms of § 4.2. Liquidating Event Has the meaning given to it in § 10.1. Liquidating Trustee Has the meaning given to it in § 10.2.
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Leverage Policy. We offer Contracts both with or without leverage. If you operate using leverage, this allows you to deposit only a part of the cost of your Transaction and/or Contract upfront. The aforesaid deposit is also known as "margin" and is used by us as security against any potential losses you may incur. There is a maximum leverage amount applied to the different underlying products as set forth by Law sets, but we can decrease the leverage we offer at any time.
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Leverage Policy. For purposes of this Agreement the leverage policy of the Company shall be based upon the following general principles (the "Company Leverage Policy"): (a) The Company and its subsidiaries intend to operate without financial leverage, either on balance sheet (through indebtedness) or off balance sheet (through lease programs, receivable financing programs or similar financing methods), other than the principal amount from time to time outstanding and any accrued interest due and owing on the Construction Debt or the long term debt. The long term debt (the "Long Term Debt") will be the permanent project funding for the ownership and operation of the Company. It will normally consist of the principal and interest due on debt instruments whether as secured or unsecured promissory notes, loans, bonds or similar instruments, with the Lenders and any renewals, roll-overs or re-fundings thereof; (b) The Company and its subsidiaries intend to have available one or more revolving credit facilities, uncommitted money market credit facilities or other comparable debt facilities in such amount to provide adequate liquidity to fund the normal operation of the Company; and it is intended that the Company and its subsidiaries promptly repay any amounts borrowed under such facilities at the time of and to the extent of, any collected or available cash balances; (c) In furtherance of the principles enunciated in Sections 8.10(a) and 8.10(b), the Company and its subsidiaries shall not, without the unanimous consent of the Members, incur any indebtedness other than (i) borrowings under one or more revolving credit facilities, uncommitted money market credit facilities or other comparable debt facilities in reasonable amounts to fund cash deficiencies; and (ii) borrowings under the Construction Debt or the Long Term Debt, in an amount not to exceed $150,000,000 in the aggregate.
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Leverage Policy. The Investors shall endeavour to maintain an Investment Grade Rating in respect of any Target Group-wide debt financing package.
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Leverage Policy. The Company shall provide you with price quotes (bid and offer prices) in relation to financial instruments offered through our Trading Platforms or our Dealing Department where expressly agreed so. Each price quote shall be available to be used in facilitating the Client’s Transaction or/Contract with a principal amount not to exceed a maximum leverage amount, decided by us. You acknowledge that the prices and maximum Leverage provided by the Company may differ from price and Leverage provided to other clients and may be adjusted or withdrawn by us at any time. We are restricted to executing Transaction or/ Contracts in financial instruments offered via our Online Trading Platform, at the prices quoted therein on our website or otherwise communicated to you upon request.
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Related to Leverage Policy

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  • Fire and Extended Coverage Insurance a. Further to Paragraph 12(b) of this Lease Agreement and throughout the Term, and provided Lessee pays the premiums for such insurance as set forth below and in accordance with Paragraph 12(b), Lessor agrees to carry policies insuring the Building against fire and such other perils, in an amount equal to the full replacement value of such improvements, together with insurance against such other risks (including loss of rent) including Fire, Extended Coverage, Vandalism and Malicious Mischief (Special Form), Sprinkler, Rent, and Casualty and in such amounts as Lessor deems appropriate. Lessee agrees to pay as additional rent to Lessor the cost of said insurance, as well as any increases described in Paragraph 12(b). Such cost of said insurance, as stated above, shall be paid by Lessee to Lessor as additional rent, in addition to the minimum rental hereon reserved, at the option of Lessor (a) monthly, being one-twelfth (1/12th) portion of the estimated premiums due, with an adjustment made during the month of January of each year of the Lease to correct the deficiency or overpayment for the prior calendar year; or (b) within thirty (30) days of proof of payment of such insurance. Such insurance shall not include Lessee’s furniture, fixtures, equipment or improvements. The amount due hereunder on account of said insurance shall be apportioned for that part of the first and last calendar years covered by the Term hereof. b. Lessee agrees to follow the recommendations of Lessor, or its agents, or the insurance company, relative to the condition or maintenance or operations of the Demised Premises so as to help lower the premium rate of insurance or maintain the insurability of the Demised Premises.

  • Insurance Coverage Requirements Without limiting CONTRACTOR’s duty to indemnify, CONTRACTOR shall maintain in effect throughout the term of this Agreement a policy or policies of insurance with the following minimum limits of liability:

  • Required Insurance Coverages The Contractor also agrees to purchase insurance and have the authorized agent state on the insurance certificate that the Contractor has purchased the following types of insurance coverages, consistent with the policies and requirements of O.C.G.A. §50-21-37. The minimum required coverages and liability limits are as follows: