Borrower Fiscal Year definition

Borrower Fiscal Year means (a) as of the Effective Date, a fiscal year of the Borrower commencing on January 1 of any calendar year and ending on December 31 of such year or (b) such other fiscal year as the Borrower may hereafter adopt after giving thirty (30) days’ prior written notice to the XXXXX Xxxxxx, as provided in Section 16(f) (Organizational Documents; Fiscal Year).

Borrower Fiscal Year means (a) as of the Effective Date, a fiscal year of the Borrower commencing on July 1st of any calendar year and ending on June 30th of the immediately succeeding calendar year or (b) such other fiscal year as the Borrower may hereafter adopt after giving thirty (30) days’ prior written notice to the TIFIA Lender, as provided in Section 17(h) (Organizational Documents; Fiscal Year).

Borrower Fiscal Year means (a) as of the Effective Date, a fiscal year of the Borrower commencing on July 1 of any calendar year and ending on June 30 of the immediately succeeding calendar year or (b) such other fiscal year as the Borrower may hereafter adopt after giving thirty(30) days' prior written notice to the WIFIA Lender in accordance with Section 15(f) (Negative Covenants – Fiscal Year).

Examples of Borrower Fiscal Year in a sentence

• The Borrower shall not at any time adopt any fiscal year other than the Borrower Fiscal Year, except with thirty (30) days’ prior written notice to the WIFIA Lender.

• The Borrower shall not at any time (i) amend or modify its Organizational Documents (other than any amendment or modification that is of a ministerial nature and that is not adverse to the interests of any Secured Party under the Indenture or in the Trust Estate) without the prior written consent of the TIFIA Lender, or (ii) adopt any fiscal year other than the Borrower Fiscal Year, except with thirty (30) days’ prior written notice to the TIFIA Lender.

• The Borrower shall provide to the TIFIA Lender and the FTA Regional Office, within sixty (60) days after the Effective Date and annually thereafter not later than ninety (90) days after the beginning of each Borrower Fiscal Year, a Financial Plan.

• For the purpose of calculating the Revenue Coverage Ratio only, deposits into and withdrawals from the Tax Stabilization Subaccount shall reduce or increase, respectively, the Pledged Taxes for the Base Period, Calculation Period, calendar year, Projected Period or Borrower Fiscal Year in which such deposits or withdrawals are made or projected to be made.

• The Borrower shall provide to the TIFIA Lender and the FHWA Division Office, within sixty (60) days after the Effective Date and annually thereafter not later than ninety (90) days after the beginning of each Borrower Fiscal Year, a Financial Plan.

More Definitions of Borrower Fiscal Year

Borrower Fiscal Year means the twelve-month period ending on June, 30 of each year.

Borrower Fiscal Year means (a) as of the Effective Date, the Initial Borrower Fiscal Year or (b) such other fiscal year as the Borrower may hereafter adopt after giving thirty (30) days’ prior written notice to the WIFIA Lender in accordance with Part E of Schedule V (Reporting Requirements).

Borrower Fiscal Year means (a) a fiscal year of the Borrower and its Consolidated Subsidiaries ending on the last day of September in any calendar year, or (b) in the event that the Borrower, after the Subsequent Effective Date (as defined in the First Amendment), consistent with GAAP elects to change such fiscal year to the same fiscal year as the Schwab Fiscal Year, a fiscal year of the Borrower and its Consolidated Subsidiaries ending on the last day of December in any calendar year.

Borrower Fiscal Year means the period commencing on October 1 of each year and continuing through the next succeeding September 30, or such other period as may be prescribed by law.

Borrower Fiscal Year means (a) as of the Effective Date, a fiscal year of the Borrower commencing on July 1 of any calendar year and ending on June 30 of the immediately succeeding calendar year or (b) such other fiscal year as the Borrower may hereafter adopt.

Borrower Fiscal Year means (a) means the period of twelve (12) months ending on June 30 of each year or (b) such other fiscal year as the Borrower may hereafter adopt after giving thirty (30) days’ prior written notice to the TIFIA Lender, as provided in Section 17(g) (Organizational Documents; Fiscal Year).

Borrower Fiscal Year means (a) as of the Effective Date, a fiscal year of the Borrower commencing on January 1 of any calendar year and ending on December 31 of such year or (b) such other fiscal year as the Borrower may hereafter adopt with thirty