Most Recently Ended definition

Most Recently Ended means, with respect to any period, the most recently ended period for which the financial statements required by Section 6.01(a), Section 6.01(b) or Section 6.01(c), as applicable, have been delivered or required to have been delivered.
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Most Recently Ended with respect to any period, the most recently ended period for which the financial statements required by Section 6.1(a) or Section 6.1(b), as applicable, are then available.
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Examples of Most Recently Ended in a sentence

  • During the continuance of a Covenant Compliance Event, permit the Consolidated EBITDA of the Parent, Holdings, the Borrower and its Restricted Subsidiaries to be less than $20,000,000, calculated as of the last day of each Fiscal Month as of the Most Recently Ended period of twelve Fiscal Months, commencing with the Fiscal Month ended on or immediately prior to the date that the Covenant Compliance Event occurs.

  • During the continuance of a Covenant Compliance Event, permit the Consolidated Fixed Charge Coverage Ratio, calculated as of the last day of each Fiscal Quarter as of the Most Recently Ended period of four Fiscal Quarters, commencing with the Fiscal Quarter ended on or immediately prior to the date that the Covenant Compliance Event occurs, to be less than 1.0:1.0.

Related to Most Recently Ended

  • Most Recent Fiscal Month End has the meaning set forth in Section 4(g) below.

  • Most Recent Fiscal Year End has the meaning set forth in Section 4(g) below.

  • Most Recent Financial Statements has the meaning set forth in Section 4(g) below.

  • recently separated veteran means any veteran during the three-year period beginning on the date of such veteran's discharge or release from active duty in the U.S. military, ground, naval, or air service.

  • Most Recent Balance Sheet means the balance sheet contained within the Most Recent Financial Statements.

  • Fixed GAAP Date means the Issue Date; provided that at any time after the Issue Date, the Company may by written notice to the Trustee elect to change the Fixed GAAP Date to be the date specified in such notice, and upon such notice, the Fixed GAAP Date shall be such date for all periods beginning on and after the date specified in such notice.

  • Most Recent Balance Sheet Date has the meaning set forth in Section 4.4.

  • Year-End Financial Statements has the meaning specified in Section 4.5.

  • MONTH ENDED [input report month] Losses Loss Loan No. Loss Type Amount Loss Amount is the amount of Loss incurred and reported on the loan in a Loss Month is the reporting month in which the Loss was reported. TOTAL XX A Recoveries Recovery Loss Loss Loan No. Amount Amount Month TOTAL XX B Net Losses (Recoveries) XX C = A - B If Col. D minus Col. E is less than zero, enter zero. PART 2 - FIRST LOSS TEST Col. D Col. E Col. D - Col. E Cumulative Loss Amount First Loss Tranche Cumulative Shared-Loss Amount Balance, beginning of month XX XX XX F Current month Net Losses (from Part 1) XX Balance, end of month XX XX XX G Shared Loss Amount XX G - F Times Loss Share percentage 80% Amount due from (to) FDIC as Receiver XX Pursuant to Section 2.1 of the Single Family Shared-Loss Agreement, the undersigned hereby certifies the information on this Certificate is true, complete and correct.

  • 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.

  • Pro Forma Financial Statements shall have the meaning set forth in Section 5.5(b) hereof.

  • 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.

  • Financial Statement Date has the meaning set forth in Section 4.05 hereof.

  • Federal Fiscal Year means the period beginning October 1 and ending September 30 each year, which is the annual accounting period for the United States government.

  • Quarterly Financial Statements is defined in Section 6.2(a).

  • Pro Forma Balance Sheet as defined in Section 4.1(a).

  • Financial Quarter means the period commencing on the day after one Quarter Date and ending on the next Quarter Date.

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

  • old financial year means the financial year of an issuer that immediately precedes a transition year;

  • Fiscal Year End means the end of each Fiscal Year.

  • 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:

  • Selected Consolidated Financial Data and "Capitalization" fairly present the information set forth therein on a basis consistent with that of the audited financial statements contained in the Registration Statement.