Within ninety (90) calendar days following the end of each Operational Quarter, the City may conduct an audit or arrange for a third-party independent audit, at Developers’ expense, of Developers records regarding Certified Reports and the Fees.
Fiscal Quarter means a fiscal quarter of any Fiscal Year.
Quarter means a calendar year quarter commencing on 1 January, 1 April, 1 July or 1 October.
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.
Quarter Date means each of 31 March, 30 June, 30 September and 31 December.
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.
Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.
Four Quarter Period has the meaning set forth in the definition of “Consolidated Fixed Charge Coverage Ratio.”
Fiscal Year means the fiscal year of the Company.
Accounting Period means a period ending on and including an accounting date and commencing (in case of the first such period) on the date on which the Trust Property is first paid or transferred to the Trustee and (in any other case) from the next day of the preceding accounting period.