Applicable Fiscal Period definition
Applicable Fiscal Period means, as of any date of determination, the most recently ended twelve (12) Fiscal Months.
Applicable Fiscal Period means a period of twelve (12) consecutive, trailing calendar months ending at the end of each prescribed calendar month and (iv) “Funded Debt” means (A) debt for borrowed funds, (B) debt for the deferred payment by one (1) year or more of any purchase money obligation, and (C) any subordinated debt. Borrower shall calculate its Fixed Charge Coverage Ratio monthly and such calculation shall be included in each monthly compliance certificate delivered to Bank pursuant to Section 5.6(d) of the Agreement.
Applicable Fiscal Period means the period of three consecutive fiscal months ending at the end of each prescribed fiscal month.
Examples of Applicable Fiscal Period in a sentence
Commencing with the fiscal quarter ending June 30, 2026, maintain at all times a Total Leverage Ratio, tested at the end of each fiscal quarter based upon the Applicable Fiscal Period ending on such date, of not more than 5.00 to 1.00.
More Definitions of Applicable Fiscal Period
Applicable Fiscal Period means the period of two consecutive fiscal quarters ending at the end of each prescribed fiscal quarter.
Applicable Fiscal Period means a period of four (4) consecutive, trailing fiscal quarters ending at the end of each prescribed fiscal quarter.
Applicable Fiscal Period means a period of 12 consecutive, trailing fiscal months ending at the end of each prescribed fiscal month.
Applicable Fiscal Period means the period of four consecutive fiscal quarters ending at the end of each prescribed fiscal quarter.
Applicable Fiscal Period has the meaning set forth in Section 2.4(f).
Applicable Fiscal Period means the calendar month ending on the date of determination; “Funded Debt” has the meaning set forth in Section 7.1 of the Loan Agreement; and “Net Cash Proceeds” shall mean the aggregate cash proceeds received by Borrower in respect of the disposition of the Maryland Real Property, net of (a) direct costs (including, without limitation, legal, accounting and investment banking fees, and sales commissions), and (b) taxes paid or payable as a result thereof.
Applicable Fiscal Period means the applicable fiscal quarter.