Applicable Fiscal Quarter definition
Examples of Applicable Fiscal Quarter in a sentence
If either Member fails ----------------------------- to pay its share of the Funding Requirements for any Applicable Fiscal Quarter (including any deficiency referred to in the last sentence of Section 8.5.3) and such default is not cured by the last day of the Fiscal Quarter immediately preceding the Applicable Fiscal Quarter (or, if applicable, the 10-day period for payment of a deficiency under the last sentence of Section 8.5.3) the other Member may, but is not obligated to, make up such deficiency.
The Members have agreed upon an initial Approved Business Plan (the “Initial Business Plan”) of the Joint Venture Company and its Subsidiaries covering the operations of the Joint Venture Company and its Subsidiaries from the Effective Date through [***], which is the end of the Applicable Fiscal Quarter (the “Initial Period”).
At least 45 days in advance (the ------------------ "Invoice Date") of each Fiscal Quarter commencing with the Fiscal Quarter beginning January 1, 2000 (the "Applicable Fiscal Quarter"), CPEC will notify each Member of the total estimated Funding Requirements for the Applicable Fiscal Quarter, and invoice each Member for its respective share (the "Invoiced Amount") of such Funding Requirements in accordance with Sections 8.5.1 and 8.5.
At least ninety (90) days prior to the beginning of each of the [***] and [***] Fiscal [***] of the Initial Period and the Applicable Fiscal Quarter, the Board of Managers shall (in consultation with the Site Manager and with the Lead Controller) review the Initial Business Plan and determine whether any amendment thereto is necessary.
At least 45 days in advance (the "Invoice Date") of each Fiscal Quarter commencing with the Fiscal Quarter beginning January 1, 2000 (the "Applicable Fiscal Quarter"), CPEC will notify each Member of the total estimated Funding Requirements for the Applicable Fiscal Quarter, and invoice each Member for its respective share (the "Invoiced Amount") of such Funding Requirements in accordance with Sections 8.5.1 and 8.5.