Adjusted Period definition

Adjusted Period means the period commencing on the First Amendment Effective Date and ending on the earlier of (a) the date on which the Borrower delivers (i) a certificate pursuant to Section 8.01(c), demonstrating a Current Ratio of at least 1.0 to 1.0 and compliance with Section 9.01(b) and Section 9.01(c), in each case, for the fiscal quarter pursuant to which such certificate is delivered and (ii) the financial statements for such fiscal quarter as required by Section 8.01(a) or Section 8.01(b), as applicable, or (b) the date on which the Borrower delivers a Pro Forma Compliance Certificate.
Sample 1
Adjusted Period means (i) in respect of the calculation of the Make Whole Amount, the number of days from (and including) the prepayment of any Drawing to (but excluding) the next Payment Date and (ii) in respect of the calculation of the Break Costs, the number of days from (and including) a Drawing to (but excluding) the next Payment Date.
Sample 1
Adjusted Period means the period commencing on the First Amendment Effective Date and ending on the date on which the Borrower delivers (a) a certificate pursuant to Section 8.01(c) for any fiscal quarter for which the waiver of compliance set forth in subsections (a) and (b) of Section 9.01 is no longer in effect, demonstrating compliance with the covenants set forth in subsections (a), (b) and, to the extent then applicable, (c) of Section 9.01, in each case, for the fiscal quarter pursuant to which such certificate is delivered, and certifying that no Default has occurred and is continuing and (b) the financial statements for such fiscal quarter as required by Section 8.01(a) or Section 8.01(b), as applicable; provided that, for purposes of Section 9.05 only, the Adjusted Period shall end on the earlier of (i) the date referenced in clause (a) above or (ii) the date on which the Borrower delivers a certificate of a Financial Officer in form and substance reasonably satisfactory to the Administrative Agent delivered after the occurrence of the Trigger Date (A) certifying that no Default has occurred and is continuing and (B) setting forth reasonably detailed calculations demonstrating that the Current Ratio as of the last day of the calendar month most recently ended is equal to or greater than 1.0 to 1.0.
Sample 1

Examples of Adjusted Period in a sentence

  • The date of value shall be the date of commencement of the Reset Date for the relevant Five- Year Adjusted Period, as defined in Article 1, Section 4 of the Agreement.

  • The monies paid at the one hundred twenty percent (125%) rate shall count against the Adjusted Land Rent which shall accrue from the date the Five-Year Adjusted Period commenced.

  • The Period7 position did not include the additional DSG for High Needs, so an adjusted version has been used for the purposes of this report.904Table 2: High Needs Block budget forecast at adjusted Period 7 2018/19 ComponentPeriod 6 Forecast 2018/19£’000 Adjusted Period 7 Forecast 2018/19£’000Change (Adverse= +ive)£’0001.

  • No later than fifty (50) days prior to the Reset Date, the Executive Director shall provide to Tenant a written statement of the Executive Director’s determination of the Non-MAG Area Compensation for the Five-Year Adjusted Period (“Determination Due Date”).

  • The monies paid at the one hundred seven (107%) rate shall count against the Adjusted Non-MAG Area Compensation which shall accrue from the date the Five-Year Adjusted Period commenced.

  • For the period of October 1, 2000 through September 30, 2001, the [Adjusted Period Screening Percentage] APSP shall be no less than 80.

  • If the Utility Official finds that meter testing reveals the measuring equipment is not within the Meter Accuracy Requirement, or the account should otherwise be subject to a billing adjustment, such as due to meter reading errors, the Utility Official shall determine the Adjusted Period and the Adjusted Volume as specified in the City Code.

  • EMS shall achieve Consolidated Adjusted Net Earnings From Operations of at least (or, where negative, not exceeding) the following amounts for the periods set forth below: Consolidated Adjusted Period Net Earnings from Operations Month ending September 30, 1997 ($ 725,000) Two Months ending October 31, 1997 ($1,150,000) Three Months ending November 30, 1997 $ 125,000 Failure to achieve such levels shall constitute an event of default under the Loan Agreement.

  • The Adjusted Earnings for any period set forth below shall not be less than the amount set forth below opposite such period: Minimum Adjusted Period Earnings ------ -------- August 1, 2005 through October 31, 2005 ......................................

  • The Board shall review all the relevant facts and evidence, including the appraisals, submitted to it and shall then establish by order the Adjusted Non-MAG Area Compensation to apply throughout the Five-Year Adjusted Period; provided that any such Adjusted Non-MAG Area Compensation shall not exceed 120% of the Non- MAG Area Compensation in effect on the date before such adjustment.


More Definitions of Adjusted Period

Adjusted Period has the meaning assigned to that term in “Valuation Date” of this Section 1.01 (Defined Terms);
Sample 1
Adjusted Period means the period commencing on the Effective Date and ending on the Adjusted Period Termination Date.
Sample 1

Related to Adjusted Period

  • Designated Period means a period following the termination of the Employee’s employment hereunder equal to the longer of (a) twelve (12) months and (b) the Severance Period. If at any time the provisions of this §9 shall be determined to be invalid or unenforceable, by reason of being vague or unreasonable as to area, duration or scope of activity, this §9 shall be considered divisible and shall become and be immediately amended to only such area, duration and scope of activity as shall be determined to be reasonable and enforceable by the court or other body having jurisdiction over the matter; and the Employee agrees that this §9 as so amended shall be valid and binding as though any invalid or unenforceable provision had not been included herein.

  • Payout Period means the time frame during which certain benefits payable hereunder shall be distributed. Payments shall be made in monthly installments commencing on the first day of the month following the occurrence of the event which triggers distribution and continuing for a period of one hundred eighty (180) months. Should the Executive make a Timely Election to receive a lump sum benefit payment, the Executive's Payout Period shall be deemed to be one (1) month.

  • Award Period means the period beginning on an Award Date and ending on the expiration date of such Award.

  • Grant Period means the period between Effective Date and Expiration Date of the Grant Award Agreement during which time expenditure of all grant funds and all contributions to match must be made.

  • Fixed Period means, with respect to any Receivable Interest:

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Specified Period means the period beginning on the commencement date and terminating in accordance with section 72(6) of the Act;

  • Strike Period means from and including 19 July 2024 to and including 23 July 2024

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Extended Period As defined in Section 9.04(b).

  • Adjusted Term SOFR Rate means, for any Interest Period, an interest rate per annum equal to (a) the Term SOFR Rate for such Interest Period, plus (b) 0.10%; provided that if the Adjusted Term SOFR Rate as so determined would be less than the Floor, such rate shall be deemed to be equal to the Floor for the purposes of this Agreement.

  • Closed Period means (i) ten quotation days preceding and three quotation days following the disclosure to the public of the consolidated financial statements or annual statement of the Company; or (ii) the period as from the date the corporate management possesses material information which could, if disclosed to the public, significantly impact the quotation of the Shares of the Company, until ten quotation days after the day such information is disclosed to the public.

  • Defined Period means for any given calendar month or date of determination, the twelve (12) month period ending on the last day of such calendar month or if such date of determination is not the last day of a calendar month, the twelve (12) month period immediately preceding any such date of determination.

  • Tax Limitation Period means the Tax Years for which the Applicant’s Qualified Property is subject to the Tax Limitation Amount and as further identified in Section 2.3.D of this Agreement.

  • Quarterly Period means each period of three (3) consecutive months ending on March 31, June 30, September 30, and December 31.

  • Start-up period means up to a maximum of 7 Academy Financial Years and covers the period up to and including the first Academy Financial Year in which all age groups are present at the Academy (that is, all the pupil cohorts relevant to the age-range of the Academy will have some pupils present).

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • Applicable Multiplier means, with respect to any Rate Period for any Series of RVMTP Shares, the percentage set forth opposite the applicable credit rating most recently assigned to such Series by the Rating Agency in the table below on the Rate Determination Date for such Rate Period: *And/or the equivalent ratings of any other Rating Agency then rating the RVMTP Shares utilizing the highest of the ratings of the Rating Agencies then rating the RVMTP Shares.

  • Holding Period means, with respect to a Hold-the-Offering-Price Maturity, the period starting on the Sale Date and ending on the earlier of (i) the close of the fifth business day after the Sale Date ( ), or (ii) the date on which the Underwriter has sold at least 10% of such Hold-the-Offering-Price Maturity to the Public at prices that are no higher than the Initial Offering Price for such Hold-the-Offering-Price Maturity.

  • prescribed period means 14 days;

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Determination Period means the period from and including a Determination Date in any year to but excluding the next Determination Date; and

  • Index Determination Date means, in relation to any Index, a date on which such Indexfalls to be determined in accordance with the Conditions;

  • Severance Multiplier means, with respect to any termination of Employee’s employment hereunder by the Company without Cause or by Employee with Good Reason, 1; provided, however, that in the event such termination occurs within the two (2) year period following a Change in Control, the Severance Multiplier shall instead equal 2.

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.