Fiscal Quarter Percentage definition

Fiscal Quarter Percentage means 10%.
Sample 1Sample 2Sample 3
Fiscal Quarter Percentage means (i) with respect to any Weekly Collection Period in which the 12th day of a calendar month occurs, 20.0% and (ii) with respect to each other Weekly Collection Period, 5.0%.
Sample 1Sample 2Sample 3
Fiscal Quarter Percentage means, with respect to any Quarterly Collection Period containing 12 weeks, 10% and, with respect to any Quarterly Collection Period containing 16 or 17 weeks, 8%.
Sample 1Sample 2

More Definitions of Fiscal Quarter Percentage

Fiscal Quarter Percentage means 10%. “Fix Auto Brand” means the Fix Auto® name and Fix Auto Trademarks, whether alone or in combination with other words or symbols, and any variations or derivatives of any of the foregoing (but excluding any other Driven Securitization Brand). “Franchise Agreement” means a franchise agreement, including any FUSA Properties Franchise Agreement, whereby a Franchisee agrees to operate a Branded Location, including a multi-unit license agreement pursuant to which a Franchisee is authorized to operate multiple Branded Locations. “Franchise Documents” means, collectively, all Franchise Agreements (including master franchise agreements and related service or license agreements), Development Agreements and agreements related thereto, together with any modifications, amendments, extensions or replacements of the foregoing. “Franchised Canadian Locations” means the Branded Locations in Canada that are owned and operated by Franchisees that are unaffiliated with DBI and its Affiliates pursuant to a Franchise Agreement that is granted by a Non-Securitization Entity or Canadian Securitization Entity. “Franchisee” means any Person that is a franchisee under a Franchise Agreement. “Franchisee Payments” means all amounts payable to any SPV Franchising Entity by or on behalf of Franchisees pursuant to the Franchise Documents, including, without limitation, franchise fees, Maaco Net Advertising Commissions in the United States, Advertising Fees, software and systems licensing and maintenance revenue, referral, renewal and transfer fees (if any), amounts in respect of product and equipment sales (including rebates or other amounts), franchise royalty payments, and amounts paid by Franchisees on short-term notes, fees in respect of the administration of insurance programs, other than, in any case, Excluded Amounts. “Franchisor Holdco” means Driven Systems LLC, a special purpose Delaware limited liability company and a direct, wholly owned subsidiary of the Issuer. “Funding Holdco” means Driven Funding Holdco, LLC, a special purpose Delaware limited liability company and a direct, wholly owned subsidiary of DBI. “FUSA Franchisor” means FUSA Franchisor SPV LLC, a special purpose Delaware limited liability company and a direct, wholly owned subsidiary of Franchisor Holdco. “FUSA Properties” means FUSA Properties SPV, a special purpose Delaware limited liability company and a direct, wholly-owned subsidiary of the Issuer. “FUSA Properties Franchise Agreement” means a fran...
Sample 1
Fiscal Quarter Percentage means with respect to each Weekly Allocation Date, 10%.
Sample 1

Related to Fiscal Quarter Percentage

  • Fiscal Quarter means a fiscal quarter of any Fiscal Year.

  • Test Period means, on any date of determination, the period of four consecutive fiscal quarters of the Borrower then most recently ended (taken as one accounting period).

  • Excess Cash Flow Percentage 50%; provided that the Excess Cash Flow Percentage shall be reduced to (a) 25% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 3.75 to 1.00 and (b) to 0% if the Consolidated Total Leverage Ratio as of the last day of the relevant fiscal year is not greater than 2.25 to 1.00.

  • Consolidated Net Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Net Funded Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Measurement Period.

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Measurement Period.

  • Net Total Leverage Ratio means, on any date, the ratio of (A) (i) without duplication, the aggregate principal amount of any Consolidated Debt of the Borrower and its Subsidiaries outstanding as of the last day of the Test Period most recently ended as of such date less (ii) without duplication, the Unrestricted Cash and unrestricted Permitted Investments of the Borrower and its Subsidiaries as of the last day of such Test Period, to (B) Adjusted EBITDA for such Test Period, all determined on a consolidated basis in accordance with GAAP; provided, that the Net Total Leverage Ratio shall be determined for the relevant Test Period on a Pro Forma Basis.

  • Leverage Ratio means the ratio as of the last day of any Fiscal Quarter of (i) Consolidated Total Debt as of such day to (ii) Consolidated Adjusted EBITDA for the four-Fiscal Quarter period ending on such date.