First Test Period shall have the meaning set forth in the definition of “Test Period” therefor.
First Test Period means the first full fiscal quarter of Borrowers following the second Credit Extension, the “Second Test Period” shall mean the fiscal quarter of Borrowers immediately following the First Test Period, and the “Third Test Period” shall mean the fiscal quarter of Borrowers immediately following the Second Test Period.
First Test Period means the period ended on June 30, 2007.” ““Second Test Period” means the period ended on September 30, 2007.” ““Third Test Period” means the period ended on December 31, 2007.” ““Fourth Test Period” means the period ended on March 31, 2008.”
Examples of First Test Period in a sentence
In order to be effective, Tenant’s notice to Landlord under this subparagraph (b) shall include a written certification to Landlord from Tenant’s chief financial officer or controller confirming that the TLCF for the First Test Period is less than zero.
For example, where the reserve initially contracted is 10MW, but the highest performing test result or activation during the First Test Period yields a reserve of 8MW, the Payment Instalment attributable to the Performance Amount will be 80% for the first Payment Period.
Table 4 below highlights information requests from each Workgroup relative to the proposed draft objectives and potential solutions listed in Tables 1 and 3 above.
Borrowers shall, for any Test Period commencing with the First Test Period, maintain a Fixed Charge Coverage Ratio of not less than 1.10 to 1.00 during any Test Period.
In order to be effective, Tenant’s notice to Landlord under this subparagraph (a) shall include a written certification to Landlord from Tenant’s chief financial officer or controller confirming that the TLCF for the First Test Period is less than ***.
More Definitions of First Test Period
First Test Period means the period ended on December 31, 2008.
First Test Period means the period ended on the last day of the applicable Person's first fiscal quarter ended after the Effective Date.
First Test Period is defined in the definition of Revolving Loan Commitment Amount.
First Test Period means the period beginning with the public release of quarterly financial information for Q for the quarter ended September 30, 2004 and ending on the date that the Directors of Q are next prohibited from trading in shares of Q under the Xxxxxxx Xxxxxxx Compliance Policy of Q then in effect, but shall not include any trading days during such period on which the Company is legally prohibited from selling any Q shares, (D) the "Second Test Period" shall mean the period beginning with the public release of quarterly financial information for Q for the quarter ended December 31, 2004 and ending on the date that the Directors of Q are prohibited from trading in shares of Q under the Xxxxxxx Xxxxxxx Compliance Policy of Q then in effect, but shall not include any trading days during such period on which the Company is legally prohibited from selling any Q shares, (E) the "Third Test Period" shall mean the period beginning with the public release of quarterly financial information for Q for the quarter ended March 31, 2005 and ending on the date that the Directors of Q are prohibited from trading in shares of Q under the Xxxxxxx Xxxxxxx Compliance Policy of Q then in effect, but shall not include any trading days during such period on which the Company is legally prohibited from selling any Q shares; provided, however, that if there was a Gain during any of the First Test Period, the Second Test Period or the Third Test Period but the Company was not able to sell shares of Q for at least 60 business days of such periods (whether because Rule 144 (without regard to any volume limitation) was not available to the Company for sales of Q shares or another legal prohibition applied), then the Third Test Period shall instead mean the period beginning with the public release of quarterly financial information for Q for the quarter ended June 30, 2005 and ending on the date that the Directors of Q are next prohibited from trading in shares of Q under the Xxxxxxx Xxxxxxx Compliance Policy of Q then in effect but shall not include any trading days during such period on which the Company is legally prohibited from selling Q shares; provided, further, however, that if there was a Gain during the First Test Period, the Second Test Period or the Third Test Period (including the additional period referred to above), but the Company was not able to sell shares of Q for at least 60 business days of such periods (whether because Rule 144 (without regard to any volume limitation) w...
First Test Period as defined in subsection 6.1(c).
First Test Period means the first fiscal quarter after the fiscal quarter in which the Closing Date shall occur, the term "Second Test Period" shall mean the fiscal quarter included in the First Test Period and the subsequent fiscal quarter and the term "Third Test Period" shall mean the fiscal quarters included in the Second Test Period and the subsequent fiscal quarter, provided, however, that if an IPO Event shall occur, the term "First Test Period" shall mean the fiscal quarter after the fiscal quarter in which such IPO Event shall occur, the term "Second Test Period" shall mean the fiscal quarter included in the First Test Period and the subsequent fiscal quarter and the term "Third Test Period" shall mean the fiscal quarters included in the Second Test Period and the subsequent fiscal quarter.
First Test Period means the fiscal quarter after the fiscal quarter in which such IPO Event shall occur, the term "Second Test Period" shall mean the fiscal quarter included in the First Test Period and the subsequent fiscal quarter and the term "Third Test Period" shall mean the fiscal quarters included in the Second Test Period and the subsequent fiscal quarter.