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 the ratio of Total Indebtedness to Total Assets.
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Examples of Maximum Leverage in a sentence

  • Permit the Consolidated Leverage Ratio as at the last day of any period of four consecutive fiscal quarters of the Borrower to exceed the Maximum Leverage Ratio.

  • Seller shall not, as of the end of each calendar month, permit the ratio of the Seller’s consolidated Indebtedness to consolidated Adjusted Tangible Net Worth to be greater than the Maximum Leverage Ratio.

  • The ratio of the Seller’s consolidated Indebtedness to Adjusted Tangible Net Worth is not greater than the Maximum Leverage Ratio.

  • Additionally, the General Partner will certify to the Series A Limited Partners on a quarterly basis that it is in compliance with the Equity Requirement and that the Partnership is not in violation of the Maximum Leverage Restriction.

  • If the Partnership is in violation of the Maximum Leverage Restriction following the cure period set forth in Section 16.8.C.3 above, or the General Partner is in violation of the Equity Requirement, Series A Limited Partners holding at least 10% of the then-outstanding Series A Preferred Units shall have the right to demand specific performance, including the right to demand the contribution of additional equity to the Partnership by the General Partner.


More Definitions of Maximum Leverage

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, at any time, the figure calculated using the following formula:
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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 percentage indicatively set at 130% with a minimum of 100%; the final percentage will be determined by the end
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Maximum Leverage means in respect of each Performance Swap, the leverage specified as such in the Performance Swap Information Table (and, in the case of each Performance Swap in respect of Class D Notes on any date, the leverage specified under "Maximum Leverage" in the Performance Swap Information Table corresponding to the Weighted Average Asset Spreads on such date).
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