Applicable Measurement Date definition

Applicable Measurement Date means, with respect to a date of determination during an Interest Period, the close of business on the last day of the Collection Period immediately preceding the first day of such Interest Period.
Applicable Measurement Date means (a) for all Loans outstanding on the Second Amendment Effective Date, the Second Amendment Effective Date and (b) for any Delayed Draw Term Loans made after the Second Amendment Effective Date, the date on which such Delayed Draw Term Loans are made to the Borrower.
Applicable Measurement Date means, (a) with respect to any Loans or Aggregate Commitments terminated in connection with a Commitment Termination Event occurring on or after the Tranche 1 Funding Date, the Tranche 1 Funding Date and (b) with respect to Aggregate Commitments terminated in connection with a Commitment Termination Event occurring on or after the Closing Date but prior to the Tranche 1 Funding Date, the Closing Date.

Examples of Applicable Measurement Date in a sentence

  • If the AFTAP for a Plan Year is less than 60%, benefit accruals under this plan will cease as of the Applicable Measurement Date in accordance with Regulations Section 1.436-1(e).

  • Benefit accruals that had been limited under (a) above shall be automatically restored as of the Applicable Measurement Date that the limitation ceases to apply.

  • If a limitation on Prohibited Payments under (b) above applied to the plan as of an Applicable Measurement Date, but that limit no longer applies as of a later Applicable Measurement Date, the limitation on Prohibited Payments does not apply to benefits with Annuity Starting Dates that are on or after that later Applicable Measurement Date.

  • If the AFTAP for a Plan Year is less than 60%, a Participant or Beneficiary may not elect an optional form of benefit payment that includes a Prohibited Payment, and the plan will not pay any Prohibited Payment, with an Annuity Starting Date that is on or after the Applicable Measurement Date.

  • For purposes hereof, the "Applicable Measurement Date" for determining the Market Value of the Target Stock Incentive Amount issuable for any Fiscal Year shall be the date on which the audited financial statements shall have been completed by Parent's independent public accountants.

  • Such fair market value shall be based upon the mean between the highest and lowest per share sale prices of Parent's Common Stock as reported on the principal national securities exchange or National Association of Securities Dealers Automated Quotation/National Market System on which such stock is traded on the Applicable Measurement Date (as such term is defined herein) or, if there is no such sale on that date, then on the last preceding date on which such a sale is made (the "Market Value").

  • The Company will deliver a notice to WB promptly following the MSA Termination Date or promptly following the 2010 FTE Measurement Date, as applicable (in each case, provided that a Qualified Initial Public Offering shall have occurred prior thereto), which notice shall set forth the Company’s calculation of the Index Differential as of the Applicable Measurement Date (the “Index Differential Calculation”).

  • Borrower and its Subsidiaries on a consolidated basis shall not have a Tangible Net Worth, as of the last day of each fiscal quarter (each such day, the “Applicable Measurement Date”), of less than (i) $185,000,000 plus (ii) 80% of the net cash equity proceeds arising from the sale or issuance of Equity Interests of Borrower or any of its Subsidiaries made during the period from May 31, 2013 through the Applicable Measurement Date.

  • For purposes of calculating the Borrowing Base on any date of determination, the Timeshare Loan Balance on such date of any Eligible Timeshare Loan that was an Over Sixty-Day Delinquent Timeshare Loan or a Defaulted Timeshare Loan on the Applicable Measurement Date will be zero.

  • Moreover, if Kmart really thought section 216(b) “certification“ required an evidentiary hearing, it would not contend, as it does repeatedly, that the plaintiffs should have moved for certification at the start of the case.


More Definitions of Applicable Measurement Date

Applicable Measurement Date means (i) the 2010 FTE Measurement Date, when calculating the 2011 Cash Payment, and (ii) the MSA Termination Date, when calculating the Early Termination Cash Payment.
Applicable Measurement Date means, (i) for purposes of calculating the Closing Revenue Run Rate (A) prior to the Closing (including for purposes of Sections 2.03 and 9.01(c)), the Closing Measurement Date and (B) after the Closing (including for purposes of Sections 2.06 and 2.07), the Closing Date and (ii) for purposes of calculating the Late Consent Revenue Run Rate (including for purposes of Section 2.07), the Closing Date.
Applicable Measurement Date means, with respect to each Applicable Year, the earlier date of (i) ten (10) business days following the completion of the audit of VitroTech annual financial statements with respect to an Applicable Year, or (ii) April 15 of the year immediately following an Applicable Year.
Applicable Measurement Date means the last day of each Accounting Period in the Borrower's fiscal year.
Applicable Measurement Date means, with respect to a particular Primary Customer Contract, the earlier of (i) the date identified on Exhibit A-1 or (ii) the date on which NaviSite enters into a new agreement with the respective customer, including any material amendment or extension regarding the financial terms or the term of the current Primary Customer Contract. "LOST REVENUE" shall mean, with respect to a particular Primary Customer Contract, an amount equal to fifty percent (50%), or seventy-five percent (75%) with respect to a Primary Customer Contract identified with an asterisk on Exhibit A-1 hereto, of the remaining gross revenues that such customer would have been obligated to pay under such Primary Customer Contract (as set forth on Exhibit A-1) for the duration of the remaining term of such Primary Customer Contract (as set forth on Exhibit A-1) had the Primary Customer Contract not been terminated (the "BASE AMOUNT"); provided that the aggregate amount of any other revenue that such customer becomes contractually obligated to pay to NaviSite as a result of an amendment, extension or new contract entered into between the customer and NaviSite shall be deducted from such Base Amount.

Related to Applicable Measurement Date

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Measurement Date has the meaning set forth in Section 3.3(a).

  • 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.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Measurement Period shall have the meaning specified in Section 14.01(b)(i).

  • Fully Diluted Weighted Average Basis means, when calculating the number of Outstanding Units for any period, a basis that includes (a) the weighted average number of Outstanding Units during such period plus (b) all Partnership Interests and Derivative Partnership Interests (i) that are convertible into or exercisable or exchangeable for Units or for which Units are issuable, in each case that are senior to or pari passu with the Subordinated Units, (ii) whose conversion, exercise or exchange price, if any, is less than the Current Market Price on the date of such calculation, (iii) that may be converted into or exercised or exchanged for such Units prior to or during the Quarter immediately following the end of the period for which the calculation is being made without the satisfaction of any contingency beyond the control of the holder other than the payment of consideration and the compliance with administrative mechanics applicable to such conversion, exercise or exchange and (iv) that were not converted into or exercised or exchanged for such Units during the period for which the calculation is being made; provided, however, that for purposes of determining the number of Outstanding Units on a Fully Diluted Weighted Average Basis when calculating whether the Subordination Period has ended or Subordinated Units are entitled to convert into Common Units pursuant to Section 5.7, such Partnership Interests and Derivative Partnership Interests shall be deemed to have been Outstanding Units only for the four Quarters that comprise the last four Quarters of the measurement period; provided, further, that if consideration will be paid to any Group Member in connection with such conversion, exercise or exchange, the number of Units to be included in such calculation shall be that number equal to the difference between (x) the number of Units issuable upon such conversion, exercise or exchange and (y) the number of Units that such consideration would purchase at the Current Market Price.

  • Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.

  • Quarterly Valuation Date means the last Business Day of each February, May, August and November of each year commencing on the first such date next following the Date of Original Issue of a series of MTP , except with respect to delivery of Accountant’s Confirmation in which case “Quarterly Valuation Date” shall mean the last Business Day of such of the last Business Days of February, May, August and November in each year as is selected by S&P.

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

  • Adjusted Leverage Ratio means, on any date of determination, the ratio of (i) Adjusted Liabilities to (ii) Tangible Net Worth.

  • Quarterly Average Excess Availability means, at any time, the daily average of the Excess Availability for the immediately preceding fiscal quarter as calculated by Agent in good faith.

  • Weighted Average Adjusted Net Mortgage Rate For any Distribution Date and Loan Group, the average of the Adjusted Net Mortgage Rate of each Mortgage Loan in that Loan Group, weighted on the basis of its Stated Principal Balance as of the Due Date in the prior month (after giving effect to Principal Prepayments in the Prepayment Period related to such prior Due Date).

  • FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:

  • Recalculation Date means the Valuation Date that gives rise to the dispute under Paragraph 5; provided, however, that if a subsequent Valuation Date occurs under Paragraph 3 prior to the resolution of the dispute, then the “Recalculation Date” means the most recent Valuation Date under Paragraph 3.

  • Reference Rate Determination Date means, in relation to any Reference Rate Business Day(i):

  • Required Reserve Factor Floor means, for any Calculation Period, the sum (expressed as a percentage) of (a) 28.00% plus (b) the product of the Adjusted Dilution Ratio and the Dilution Horizon Ratio, in each case, as of the immediately preceding Cut-Off Date.

  • Testing Date means each day which is: (i) the last day of the relevant Issuer's and the Guarantor's financial year in any year; or (ii) the last day of each of the first three quarters of the relevant Issuer's and the Guarantor's financial year in any year.

  • LIBOR Total Spread means, for each Interest Period: (A) three-fourths of one percent (3/4 of 1%); (B) minus (or plus) the weighted average margin, for such Interest Period, below (or above) the London interbank offered rates, or other reference rates, for six-month deposits, in respect of the Bank’s outstanding borrowings or portions thereof allocated by the Bank to fund single currency loans or portions thereof made by it that include the Loan; as reasonably determined by the Bank and expressed as a percentage per annum.

  • Average Monthly Limit means the maximum allowable "Average Monthly Concentration" as defined in Section 22a-430-3(a) of the RCSA when expressed as a concentration (e.g. mg/l); otherwise, it means "Average Monthly Discharge Limitation" as defined in Section 22a-430-3(a) of the RCSA.

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Base Rate Term SOFR Determination Day has the meaning specified in the definition of “Term SOFR”.

  • Reference Year shall have the meaning given it in the Summary.

  • RMB Rate Calculation Date means the day which is two RMB Rate Calculation Business Days before the due date for payment of the relevant Renminbi amount under the Conditions.

  • Adjusted One Month LIBOR Rate means, an interest rate per annum equal to the sum of (i) 1.00% per annum plus (ii) the Adjusted LIBO Rate for a one month Interest Period on such day (or if such day is not a Business Day, the immediately preceding Business Day); provided that, for the avoidance of doubt, the Adjusted LIBO Rate for any day shall be based on the Screen Rate at approximately 11:00 a.m. London time on such day.