Annualized Rolling Period definition

Annualized Rolling Period means the period from the date one year prior to the applicable date through the applicable date.
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Annualized Rolling Period means a period of time ending on an applicable Quarter-End and beginning the first day of the Quarter immediately preceding such Quarter (viz. a total of two (2) Quarters); provided, however, that the beginning date for the Quarter-Ends of December 31, 2017 and March 31, 2018 shall be the Acquisition Date.
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Examples of Annualized Rolling Period in a sentence

  • For purposes of computation of the financial covenants set forth in this Agreement, such computation shall be (i) determined by Bank as of each Quarter-End, based on the Compliance Certificate most recently delivered by Parent in accordance with the terms of this Agreement, and (ii) based on an Annualized Rolling Period, if applicable.

  • For purposes of computation of the financial covenants set forth in this Agreement, such computation shall be (i) determined by Bank as of each Quarter-End, based on the Compliance Certificate most recently delivered by Borrower in accordance with the terms of this Agreement, and (ii) based on an Annualized Rolling Period, if applicable.

  • For purposes of computation of the Margin and the financial covenants set forth in this Agreement, such computation shall be made by Bank (i) as of each Quarter-End, based on the Compliance Certificate most recently delivered in accordance with the terms of this Agreement, (ii) determined on a Consolidated Basis, and (iii) based on an Annualized Rolling Period, if applicable (including an annualization with respect to income and losses attributable to Permitted Acquisitions).

  • For purposes of computation of the Revolving Loan Applicable Margin, the Term Loan Applicable Margin and the financial covenants set forth in this Agreement, such computation shall be (i) determined by Agent as of each Quarter-End, based on the Compliance Certificate most recently delivered by Borrowers in accordance with the terms of this Agreement, (ii) determined on a Consolidated Basis, and (iii) based on an Annualized Rolling Period, if applicable.