Historical test period definition

Historical test period means a twelve (12) month period that ends not more than two hundred seventy (270) days before the date on which the electing utility petitions the commission for a change to its basic rates and charges.
Sample 1Sample 2Sample 3
Historical test period means a twelve (12) month period to be used to establish an electing utility’s pro forma revenue requirement that ends not more than two hundred seventy (270) days before the date on which the electing utility petitions the commission for a change to its basic rates and charges. The historical test period may be adjusted for:
Sample 1Sample 2Sample 3
Historical test period means the period of four consecutive fiscal quarters of the Borrower ending on a Test Date; provided that for purposes of calculating the Debt Service Coverage Ratio and Interest Coverage Ratio for each of the first three applicable Test Dates after Completion, the amount of each of CADS, Debt Service Charges, EBIT and Interest Expense for purposes of such calculations shall be determined as follows: (a) for the first Test Date, such amounts shall equal the amounts for the most recently ended fiscal quarter multiplied by 4, (b) for the second Test Date, such amounts shall equal the amount for the two most recently ended fiscal quarters multiplied by 2; and (c) for the third Test Date, such amounts shall equal the amount for the three most recently ended fiscal quarters multiplied by 3/4.
Sample 1Sample 2

Examples of Historical test period in a sentence

  • Actual test year Historical test period or base period revenues or expenses.


More Definitions of Historical test period

Historical test period has the meaning ascribed thereto in the Accounts Agreement.
Sample 1Sample 2
Historical test period means the twelve (12) month period to be used to establish an electing utility’s pro forma revenue requirement after adjusting the historic test period for changes that are fixed, known, and measurable and occurring within 12 months of the end of the historical test period. An electing utility must propose an historical test period that terminated no more than two hundred seventy (270) days before the electing utility submits its case-in-chief.
Sample 1Sample 2
Historical test period means, on any date of determination, the most recent period of four
Sample 1
Historical test period means a twelve (12) month period that ends not more than two hundred seventy
Sample 1
Historical test period means, on any date of determination, the most recent period of four consecutive fiscal quarters of the Borrower for which financial statements have been delivered pursuant to Section 5.01(a) or 5.01(b); provided, at any time prior to the fiscal quarter ending on the last day of September 2024, the Historical Test Period shall mean the number of full fiscal quarters elapsed since the last day of September 2023.
Sample 1

Related to Historical test period

  • Test Period means, at any date of determination, the most recently completed four consecutive fiscal quarters of the Borrower ending on or prior to such date for which financial statements have been or are required to be delivered pursuant to Section 6.01(a) or (b).

  • Pro Forma Cost Savings means, with respect to any four-quarter period, the reduction in net costs and expenses that:

  • 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.”

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

  • 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.

  • Adjusted EBITDA means, with respect to any Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication, to the extent the same was deducted in calculating Consolidated Net Income:

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Adjusted Consolidated EBITDA means, for any Computation Period, Consolidated EBITDA for such Computation Period adjusted by giving effect on a pro forma basis to Acquisitions and dispositions completed during such Computation Period.

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • Consolidated Adjusted EBITDA means, for any period, an amount determined for Borrower and its Subsidiaries on a consolidated basis equal to Consolidated Net Income for such period, plus, (i) to the extent deducted in determining Consolidated Net Income for such period, the sum, without duplication of amounts for:

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

  • Interest Period End Date means the date or dates specified as such in, or determined in accordance with the provisions of, the Final Terms and, if an Applicable Business Day Convention is specified in the Final Terms, as the same may be adjusted in accordance with the Applicable Business Day Convention or, if the Applicable Business Day Convention is the FRN Convention and an interval of a number of calendar months is specified in the Final Terms as the Interest Accrual Period, such dates as may occur in accordance with the FRN Convention at such specified period of calendar months following the Interest Commencement Date (in the case of the first Interest Period End Date) or the previous Interest Period End Date (in any other case) or, if none of the foregoing is specified in the Final Terms, means the date or each of the dates which correspond with the Interest Payment Date(s) in respect of the Instruments.

  • Consolidated EBITDA means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Debt Service Coverage Ratio means a ratio for the applicable period in which: