Preferred Ratio Sample Clauses

Preferred Ratio. Instinet agrees that it will offer a preferred soft-dollar ratio ("Preferred Ratio"), set forth in Exhibit 1 hereto, in the following situations to entities permitted by law or regulation to soft-dollar services (an "Eligible Customer"): (a) The Eligible Customer has newly licensed a Reuters Product for which it has not previously paid or been obligated to pay directly and seeks to soft-dollar the Reuters Product through Instinet; or (b) The Eligible Customer is not currently soft-dollaring the services of another information or software vendor through Instinet and seeks to soft-dollar a Reuters Product that the Eligible Customer has been receiving under a license agreement with Reuters by applying commissions that are in excess of a customer's recent historical levels.
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Related to Preferred Ratio

  • Quick Ratio A ratio of Quick Assets to Current Liabilities of at least 2.00 to 1.00.

  • Consolidated Senior Secured Leverage Ratio Permit the Consolidated Senior Secured Leverage Ratio as of the end of any fiscal quarter of the Borrower prior to the Investment Grade Date to be greater than (i) except during a Specified Acquisition Period, 3.75 to 1.00 and (ii) during a Specified Acquisition Period, 4.00 to 1.00.

  • Debt to EBITDA Ratio Maintain, as of the end of each fiscal quarter, a ratio of (i) Debt, excluding Debt in respect of Hedge Agreements, as of such date to (ii) Consolidated EBITDA of the Company and its Consolidated Subsidiaries for the period of four fiscal quarters most recently ended, of not greater than 4.0 to 1.0.

  • Funded Debt to EBITDA Ratio To maintain on a consolidated basis a ratio of Funded Debt to EBITDA not exceeding 3.0:1.0.

  • Senior Secured Leverage Ratio The Borrowers shall not at any time permit the Senior Secured Leverage Ratio, calculated as of the end of each fiscal quarter, to exceed the maximum ratio set forth below for such fiscal quarter;