Last 12 Months definition

Last 12 Months. Interest Coverage Ratio" means, in respect of any Mortgage Loan, the sum of the payments made during the previous 12 months, divided by the product of (a) the current interest rate of that Mortgage Loan (subject to a minimum interest rate equal to 0.01%), and (b) the Current Balance of that Mortgage Loan.
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Last 12 Months has the meaning ascribed thereto in Section 3.3(a).
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Examples of Last 12 Months in a sentence

  • For the avoidance of doubt, if any quarterly calculation of Net Sales for the Last 12 Months made after the application of the foregoing royalty adjustment is greater than or equal to $[***], then all applicable royalties pursuant to Section 3.1 shall be payable for such calendar quarter.

  • Yes No Number of Dives Number of Dives Numbers of Dives Depth Average Time Last 12 Months 1 to 2 years Ago Est.

  • If, based on any such quarterly calculation, aggregate Net Sales are less than $[***] for the Last 12 Months, then, notwithstanding anything to the contrary in this Agreement, the royalties payable for such calendar quarter shall be at a rate of [***] percent ([***]%) of all Net Sales.

  • Net Sales shall be calculated at the end of each calendar quarter for the immediately preceding consecutive twelve (12)-month period ("Last 12 Months").

  • Overview of Disclosed Information over the Last 12 Months Relevant as at the Date of This Merger Prospectus In addition to annual and interim reports, notifications of change in major ownership, disclosures related to governance and remuneration matters, and notifications of transactions by persons discharging managerial responsibilities at Altia or their related parties, ▇▇▇▇▇ has disclosed the following information under Regulation (EU) No 596/2014.

  • Last 12 Months 1-2 Years Ago Next 12 Months --------------- ------------- -------------- ----------------- ---------------- --------------- ------------- -------------- LIFE INSURANCE APPLICATION RELIASTAR RELIASTAR LIFE INSURANCE COMPANY -------------------------------------------------------------------------------- SECTION L.

  • To insure the protection of all pets under our care, the following must be up-to-date: DOGS: Rabies CATS: Rabies DHPPC Bordatella Stool Exam (Stool Exam Within Last 12 Months) FVRCP Stool Exam (Stool Exam Within Last 12 Months) If not up-to-date, or unable to provide proof of vaccination, I give my permission to update my pet(s) vaccinations in accordance with the above policy.

Related to Last 12 Months

  • months shall be construed in accordance with Clause 1.3;

  • Twelve-Month Period means a period of twelve consecutive months determined on a rolling basis where a new twelve month period begins on the first day of each calendar month.

  • 12-Month Period means a rolling 12-month period measured backward from the date leave is taken and continuous with each additional leave day taken.

  • Month means calendar month.

  • Experience period means the most recent period of time for which experience is reported, but not for a period longer than three (3) full years. (7-1-93)