Minimum Consolidated Fixed Charge Coverage RatioThe Consolidated Fixed Charge Coverage Ratio shall not be less than 1.50 to 1.00, determined based on information for the most recent fiscal quarter annualized. Cash Flow Leverage RatioThe Borrower will not permit the Cash Flow Leverage Ratio on the las...
Fixed Charge Coverage Ratio is being calculated and on or prior to the date on which the event for which the calculation of the Fixed Charge Coverage Ratio is made (the “Calculation Date”), then the Fixed Charge Coverage Ratio will be calculated giving pro forma effect to such incurrence,...
It’s important to recognize that minimum payments primarily serve the interests of the credit card issuer, as they ensure a steady stream of revenue through interest charges. By making only the minimum payment, cardholders extend the duration over which they carry the debt, ultimately paying sig...
Fixed Minimum Amount:In some cases, credit card issuers set a specific minimum payment amount, ensuring that cardholders pay at least a predetermined sum, regardless of their outstanding balance. This approach provides a safeguard to prevent excessively low payments that may not effectively reduce the...
This is all supported by contracts that are unique in the midstream sector because of the high level of minimum volume commitments and/or demand charges that we have built into our financial portfolio. Especially now that we have been upgraded to investment grade, we encourage investors to tak...
What is a minimum fixed charge coverage ratio, and what purpose does it serve in the company's loan agreements? (a) How does issuing a stock split affect a corporation? (b) Does it benefit the corporation? (c) What are the pros and ...
ShipCarrierAncillaryCharge Extended Data Type [AX 2012] ShipCarrierAncillaryChg Extended Data Type [AX 2012] ShipCarrierApplyFreeMinimum Extended Data Type [AX 2012] ShipCarrierBlindShipment Extended Data Type [AX 2012] ShipCarrierCertifiedCheck Extended Data Type [AX 2012] ShipCarrierCODAmount Extended...
Mortgage Loan Minimum Standards Manual June 2011 6 When establishing an interest rate for a fixed rate loan, the lender must also consider the matter of a matching maturity. For example, if the lender is a bank and the bank is funding loans from deposits, the average term of a loan ...
Minimum Consolidated Fixed Charge Coverage Ratio Debt Coverage Ratio Maximum Leverage Ratio Cash Flow Leverage Ratio Parent Clauses Financial Covenants NEGATIVE COVENANTS Unencumbered Asset Pool Financial Covenants Indebtedness and Other Financial Covenants ...
When it comes to Merrick Bank credit cards, the minimum payment requirement is calculated based on the outstanding balance, with a minimum fixed amount specified in the cardholder agreement. This minimum payment encompasses a portion of the principal balance, interest charges, and any applicable fees...