Estimate Period definition

Estimate Period has the meaning set forth in Section 2.04(b).
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Estimate Period on the basis of such CP Lender’s good faith estimate of its funding costs for such Estimate Period, and the amount of interest payable to such CP Lender in respect of the following Interest Period shall be increased by the amount, if any, by which interest at the actual Cost of Funds Rate for such CP Lender for such Estimate Period exceeds the amount estimated or shall be decreased by the amount, if any, by which the amount of interest at the estimated Cost of Funds Rate for such Estimate Period exceeds the amount of interest accrued at the actual Cost of Funds Rate. However, on the Stated Maturity, any such increase or decrease that would be due pursuant to the preceding sentence shall instead be settled and paid on the Stated Maturity. Each CP Lender, its Program Manager or its funding agent, as applicable, shall supply a reconciliation of such amounts as provided in this Section 2.5(f) for each such period to the Administrative Agent and, absent manifest error, such reconciliation shall be conclusive and binding on all parties hereto. The interest rate payable to a CP Lender shall reflect proportionately the different sources of funding used during each Interest Period by such CP Lender to finance its outstanding Loans.
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Estimate Period. The meaning specified in Section 3.04(e).
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Examples of Estimate Period in a sentence

  • This certification shall read "Company's Name paid all subcontractors active on the project for Estimate Period No. within 7 calendar days, not counting Saturdays and Sundays, of the receipt of the partial payment covering said estimate period." The certification shall be submitted within sixty calendar days of the close of the estimate period for which it applies.

  • All cash flows in the Estimate Period are presented on an undiscounted basis.

  • This certification shall read "Company's Name paid all subcontractors active on the project for Estimate Period No. within 14 calendar days of the receipt of the partial payment covering said estimate period." The certification shall be submitted within sixty calendar days of the close of the estimate period for which it applies.

  • Examples of major building components with economic lives often greater than the Estimate Period include roof membranes, roof and wall sheathing, windows and exterior doors, siding and exterior finish systems, hard surface interior flooring and tile, casework, elevators and lift systems, plumbing supply and sanitary waste lines and some elements of mechanical systems.

  • Recommend deposits to the Reserve for Replacement that will fund anticipated costs of repairs and replacements during the Estimate Period and maintain the required minimum balance in the escrow for repairs and replacements.

  • After reviewing the PIR, the lender should size and schedule deposits to the Reserve for Replacement so that funds will be available to pay the costs of anticipated replacements and major maintenance as and when these needs arise during the Estimate Period.

  • Accordingly, the total deposits to the Reserve for Replacement should not be less than 105% of the total estimated costs of component replacements and major maintenance for the Estimate Period.

  • The needs assessor should identify major building components with typical economic lives extending beyond the Estimate Period.

  • All schedules for component replacement, major maintenance, cost estimates and related inflation adjustments must be for the lesser of 20 years or the remaining life of the mortgage plus 2 years (the Estimate Period).

  • When offset against annual capital needs, the lender’s proposed schedule of deposits must provide for a minimum balance in the Reserve for Replacement escrow at the end of each year in the Estimate Period (including the last year) that is at least 5% of the total, aggregate, inflation adjusted projection of capital needs for the Estimate Period.


More Definitions of Estimate Period

Estimate Period means the last 12 months of the forecasted period. The Purchaser's forecast for the period of 18 months commencing on 1st July 2001 shall be provided to AZ on or before 31st March 2001.
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Related to Estimate Period

  • Operating Period means the period commencing from the Commercial Operation Date, until the last day of the Term of this Agreement or date of earlier termination of this Agreement in accordance with Article 2 of this Agreement;

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Initial Contract Period means the period from the Commencement Date to the date of expiry set out in clause A2 (Initial Contract Period), or such earlier date of termination of the Contract in accordance with the Law or the provisions of the Contract.

  • Operating Year means the calendar year commencing January 1st of each year (including the calendar year within which the Commencement Date occurs) during the Term.

  • Initial Period means the period from (and including) the Issue Date to (but excluding) the First Call Date;

  • Billing Period means (subject to Article 6.1 of the Agreement) the calendar month ending with the Metering Date. The first Billing Period shall commence from the Commercial Operation Date and end with the Metering Date corresponding to the month in which the Commercial Operation Date occurs.

  • Commissioning Period means, with respect to each Subproject, the period commencing upon the first delivery of Feed Gas to the Subproject in accordance with Sections 4.8 and 11.1 of the Agreement continuing through achievement of RFSU, commissioning, Start Up, Performance Testing and achievement of Substantial Completion for such Subproject.

  • Baseline Period means the 12-month period immediately preceding October 30, 2016.

  • Production Period is the period that for winter cereal advances commences October 1, 2021 and terminates September 30, 2023; for advances on all other field crops, honey, hogs, goats, sheep and lambs commences April 1, 2022 and terminates September 30, 2023; and for advances on cattle, continuous flow cattle, and bison commences on April 1, 2022 and terminates on March 31, 2024.

  • Assessment Period means such period as is prescribed in sections 19 to 21 over which income falls to be calculated;

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Extended Reporting Period means a designated period of time after a claims-made policy has expired during which a claim may be made and coverage triggered as if the claim has been made during the policy period.

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Claim Determination Period means a calendar year. However, it does not include any part of a year during which a person has no coverage under This Plan, or any part of a year before the date this COB provision or a similar provision takes effect.

  • Dispute Period shall have the meaning specified in Section 9.3(a).

  • Resolution Extension Period As defined in Section 2.03(b).

  • Initial Rate Period means, with respect to the VMTP Shares of any Series, the period commencing on and including the Date of Original Issue thereof and ending on, and including, the next succeeding calendar day that is a Wednesday (or if such Wednesday is not a Business Day, the next succeeding Business Day).

  • Monthly Report Determination Date The meaning specified in Section 10.7(a).

  • Notice of Special Rate Period means any notice with respect to a Special Rate Period of shares of MuniPreferred pursuant to subparagraph (d)(i) of Section 4 of Part I of this Statement.

  • Operating Day means the daily 24 hour period beginning at midnight for which transactions on the PJM Interchange Energy Market are scheduled.

  • Proration Month means the month for which capacity is to be allocated under Item 7.