Historic Test Period definition

Historic Test Period means any twelve consecutive calendar months designated by an
Sample 1
Historic Test Period means any twelve consecutive calendar months designated by an Authorized Officer from time to time out of the eighteen-calendar months next preceding the date of adoption of the County ordinance authorizing the issuance of Parity Obligations without regard to any resolution or ordinance supplementing or amending the authorizing ordinance.
Sample 1Sample 2
Historic Test Period means (i) the most recent Fiscal Year of the Company, if audited financial statements with respect to such Fiscal Year are available or (ii) if such audited financial statements are not available, the most recent period for which such audited financial statements are available,
Sample 1

Examples of Historic Test Period in a sentence

  • The Company shall be authorized toestablish and include in rate base a regulatory asset to record Interest Deferrals, Depreciation Expense Deferrals and Ad Valorem Deferrals associated with plant in-service which has been placed in service subsequent to the previous Historic Test Period and have not otherwise been included in Rate Base.

  • Schedule 6: Depreciation and Amortization Expenses Presents Historic Test Period per-book depreciation and amortization expense.

  • June 1 Rate Adjustment Pursuant to the provisions of Tennessee Code Annotated 65-5-103(d)(6)(C), based upon the Approved Methodologies and the provisions of this ARM Tariff, the Company's tariff rates shall be adjusted to the sum of the revenue requirement necessary for the Company to earn the Authorized Return on Equity applicable to the Historic Test Period (As Adjusted), plus/minus the Annual Reconciliation Revenue Requirement.

  • Schedule 3: Cost of Gas Presents Historic Test Period per-book gas cost.

  • Plant balances (Plantin Service, CWIP, Accumulated Depreciation) shall be the balances allocable to Tennessee as of the end of the Historic Test Period.

  • The Historic Test Period data shall include actual revenues by billing component.

  • Schedule 8: Computation of State Excise and Income Taxes Presents the calculation of state excise taxes and income taxes on the required return on rate base for the Historic Test Period.

  • Schedule 5: Taxes Other than Income Presents Historic Test Period per-book taxes other than income taxes expense.

  • Schedule 7: Rate Base and Return Presents the calculation of the Historic Test Period rate base in accordance with the provisions of this ARM Tariff.

  • Schedule 2: Summary of Actual Revenues for the Historic Test Period Presents per-book revenues for the Historic Test Period.


More Definitions of Historic Test Period

Historic Test Period as of any date means the most recent Fiscal Year then ended.
Sample 1
Historic Test Period means the most recent full Fiscal Year of the Institution.
Sample 1

Related to Historic Test Period

  • Relevant Test Period With respect to any Loan, the relevant test period for the calculation of Net Senior Leverage Ratio, Interest Coverage Ratio, Total Net Leverage Ratio or EBITDA as applicable, for such Loan in accordance with the related Underlying Instruments or, if no such period is provided for therein, (i) for Obligors delivering monthly financial statements, each period of the last twelve (12) consecutive reported calendar months, and (ii) for Obligors delivering quarterly financial statements, each period of the last four (4) consecutive reported fiscal quarters of the principal Obligor on such Loan; provided that with respect to any Loan for which the relevant test period is not provided for in the related Underlying Instruments, if an Obligor is a newly-formed entity as to which twelve (12) consecutive calendar months have not yet elapsed, “Relevant Test Period” shall initially include the period from the date of formation of such Obligor to the end of the twelfth (12th) calendar month or fourth (4th) fiscal quarter (as the case may be) from the date of formation, and shall subsequently include each period of the last twelve (12) consecutive reported calendar months or four (4) consecutive reported fiscal quarters (as the case may be) of such Obligor.

  • Test Period on any date of determination, the period of four consecutive fiscal quarters of the Borrower (in each case taken as one accounting period) most recently ended on or prior to such date for which financial statements have been or are required to be delivered pursuant to Section 6.1.

  • 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.

  • Four Quarter Period has the meaning set forth in the definition of “Consolidated Fixed Charge Coverage Ratio.”

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

  • Forecast Period means the period of three calendar months for which a Forecast is provided;

  • EBITDA Coverage Ratio defined as EBITDA divided by the aggregate of total interest expense plus the prior period current maturity of long-term debt and the prior period current maturity of subordinated debt.

  • COVID-19 test means a viral test for SARS-CoV-2 that is:

  • LCT Test Date shall have the meaning provided in Section 1.12(b).

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Pro Forma EBITDA means, for any period, the Consolidated EBITDA of the Issuer and the Restricted Subsidiaries, provided that for the purposes of calculating Pro Forma EBITDA for such period, if, as of such date of determination:

  • Fiscal Quarters means the period from January 1 to March 31, April 1 to June 30, July 1 to September 30 and October 1 to December 31 of the applicable year.

  • Secured Net Leverage Ratio means, on any date, the ratio of (a) Consolidated Secured Net Debt as of such date to (b) Consolidated EBITDA for the Test Period as of such date.

  • Interest Expense Coverage Ratio means, for any period, the ratio of (a) Consolidated EBITDA for such period to (b) Consolidated Interest Expense for such period.

  • Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7 a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.

  • LCA Test Date has the meaning assigned to such term in Section 1.06.

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

  • Opt-Out Period means the period that begins the day after the earliest date on which the Notice is first distributed, and that ends no later than 30 days before the Final Approval Hearing. The deadline for the Opt-Out Period shall be specified in the Notice.

  • Consolidated Net Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date, minus unrestricted cash and Cash Equivalents of the Loan Parties on deposit with financial institutions located in the United States, not to exceed $75,000,000 to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries on a consolidated basis for the most recently completed Measurement Period.

  • Qualified Project Period means Qualified Project Period as defined in Section 142(d) of the Internal Revenue Code.

  • Net Total Leverage Ratio means on any date, the ratio of (A) (i) the sum of, without duplication, (x) the aggregate principal amount of any Consolidated Debt consisting of Loan Obligations outstanding as of the last day of the Test Period most recently ended as of such date (other than Excluded Transaction Debt) and (y) the aggregate principal amount of any other Consolidated Debt of the Borrower and its Subsidiaries as of the last day of such Test Period (other than Excluded Transaction Debt) 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) 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.

  • 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 of the Borrower and its Restricted Subsidiaries for such Test Period.

  • Consolidated Senior Leverage Ratio means the ratio of Consolidated Senior Debt, determined as of the last day of any fiscal quarter of the Company, to Consolidated EBITDA for the period of 12 months ending on such last day.

  • 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.

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