Initial Quarter definition

Initial Quarter has the meaning set forth in Section 6.3(e).

Initial Quarter means the period commencing the Effective Date and terminating on the last day of the calendar quarter in which the Effective Date occurs.

Initial Quarter has the meaning assigned to such term in clause (1)(x) of the definition of the term “Consolidated EBITDA”.

Examples of Initial Quarter in a sentence

• On or before March 31, 2000, or such other date as the Parties may agree, Exhibit A will be amended to reflect prices for Products delivered in the Initial Quarter based upon the actual BOM Value at Closing and the Initial Overhead.

• Prices for all Products delivered to Customer during the Initial Quarter shall be calculated as follows: For Products manufactured by Flextronics in the United States: Initial Price = (BOM Value at Closing + Initial Overhead) x .944 For Products manufactured by Flextronics in Ireland: Initial Price = (BOM Value at Closing + Initial Overhead) The Initial Price for all Products is included in Exhibit A.

• No later than [ …***…] before the first day of the first calendar quarter in which Equillium in good faith anticipates it will first require Clinical Material (“Initial Quarter”), Equillium shall provide Biocon with an initial written forecast of its requirements of Clinical Material for the […***…]-calendar quarter periods beginning on the first day of the Initial Quarter (the “Initial Forecast”).

• For the avoidance of doubt, the payment of an Extraordinary Distribution with respect to an Initial Quarter or Subsequent Quarter will not increase or decrease the Conversion Value of the Series A Convertible Units.

• Prior to the first calendar quarter for which Tercica wishes to establish a rolling supply of Drug Substance (such first quarter, the “Initial Quarter”), but no less than [*] calendar quarters before such Initial Quarter, Tercica shall provide CBSB with an initial written forecast of the quantities of, and delivery requirements for, Drug Substance that Tercica shall require from CBSB for the [*] calendar quarters commencing with that Initial Quarter (the “Initial Forecast”).

More Definitions of Initial Quarter

Initial Quarter means the three (3) calendar month period immediately after the Initial Launch Date.

Initial Quarter means the first calendar quarter following the first calendar year in which Net Sales equal or exceed $500,000,000 for such calendar year; provided that if the first calendar year in which Net Sales equal or exceed $500,000,000 for such calendar year is the calendar year in which the Sales Milestone occurs, not later than thirty days (30) days after the end of such calendar year NPS shall report to Takeda the amount of Net Sales, by Product, for such calendar year.

Initial Quarter has the meaning assigned to such term in Section 9.01(e)(ii)(A).

Initial Quarter has the meaning set forth in the definition of “Material Project EBITDA Adjustment.”

Initial Quarter has the meaning set forth in the definition of “Material Project EBITDA Adjustment.” “Initial WTP Investment” means the total consideration provided (including, without limitation, any earn out obligations, purchase price adjustments or future payment obligations) for the initial investment by the Borrower or the applicable Loan Party in West Texas LPG pursuant to the WTP Documents. “Interest Coverage Ratio” means, as of any date of determination, the ratio of (a) Consolidated EBITDA for the period of the four prior fiscal quarters ending on such date, to (b) the sum of (i) Consolidated Interest Charges paid in cash during such period, and (ii) imputed interest charges on Synthetic Leases Lease Obligations of the MLP, the Borrower and the Restricted Subsidiaries during such period. “Interest Payment Date” means, (a) as to any Loan other than a Base Rate Loan, the last day of each Interest Period applicable to such Loan; provided, however, that if any Interest Period for a Eurodollar Rate Loan exceeds three (3) months, the respective dates that fall every three (3) months after the beginning of such Interest Period shall also be Interest Payment Dates, and (b) as to any Base Rate Loan, the last Business Day of each March, June, September and December and the Maturity Date. “Interest Period” means, as to each Eurodollar Rate Loan, the period commencing on the date such Eurodollar Rate Loan is disbursed or converted to or continued as a Eurodollar Rate Loan and ending on the date one (1), two (2), three (3), six (6), or, with the consent of each Lender, twelve (12) months thereafter, as selected by the Borrower in its Committed Loan Notice; provided, that:

Initial Quarter means each calendar quarter during 2009.

Initial Quarter means the earlier of the calendar quarter commencing April 1, 1997 and ending June 30, 1997 or the calendar quarter in which Golf One first has Net Receipts.