Period Ending Sample Clauses
The 'Period Ending' clause defines the specific date or event upon which a particular contractual period concludes. In practice, this clause is used to set deadlines for obligations such as reporting, payment, or performance, and may reference a calendar date or a milestone, like the completion of a project phase. Its core function is to provide clear temporal boundaries for contractual duties, ensuring all parties understand when their responsibilities begin and end, thereby reducing ambiguity and potential disputes.
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Period Ending. On Tangible Net Worth ---------------- ------------------ June 28, 2002 $81,600,000 September 27, 2002 $89,000,000 December 27, 2002 $100,100,000 March 28, 2003 $109,100,000 June 27, 2003 $117,800,000
Period Ending. Ratio: ------------- ----- January 1999-June 2000 1.60 to 1.0 July 2000-December 2000 1.75 to 1.0 January 2001 and thereafter 2.00 to 1.0
Period Ending. Liquid Assets Value of cash, cash equivalents and marketable securities $_________ Required Value: not less than the greater of (a) ten percent (10%) of Tangible Net Worth (Equals $_________ as computed on Attachment 1) or (b) $12,000,000.
Period Ending. Ratio of Total Funded Debt to Total Capital
Period Ending. Minimum Tangible Net Worth: ------------- --------------------------- September 30, 2001 $59,000,000 December 31, 2001 $58,000,000 March 31, 2002 $63,000,000 June 30, 2002 $61,000,000 The minimum Tangible Net Worth required by this section will automatically be increased by the amount of any adjustments on or after the date hereof to net accrued tax assets which result from a restatement of the Company's outside auditor's qualified opinion for the fiscal year ending June 30, 2001.
Period Ending. The funding has been used for the purpose for which it was provided; and