Estimated Closing Balance Sheet has the meaning set forth in Section 2.6(a).
Objections Statement has the meaning set forth in Section 1.02(d).
Reference Balance Sheet shall have the meaning assigned to it in Section 4.3.
True-Up Amount means the difference between the ABO calculated by using the member’s actual creditable service and the actual final average compensation as of the member’s effective date in the FRS Investment Plan and the ABO initially transferred.
Conversion Valuation Appraisal Report Page: 1 - 3 ================================================================================
Estimated Closing Statement has the meaning set forth in Section 2.4(a).
MERS Report The report from the MERS System listing MERS Designated Mortgage Loans and other information.
AHYDO Catch-Up Payment means any payment on any Indebtedness that would be necessary to avoid such Indebtedness being characterized as an “applicable high yield discount obligation” under Section 163(i) of the Code.
Pick Up Report means the report detailing the number of sleeping rooms per day actually used out of the Program’s room block.
Closing Amount has the meaning set forth in Section 2.3.
Currency Valuation Notice means a notice given by the Required Multicurrency Lenders to the Administrative Agent stating that such notice is a “Currency Valuation Notice” and requesting that the Administrative Agent determine the aggregate Revolving Multicurrency Credit Exposure. The Administrative Agent shall not be required to make more than one valuation determination pursuant to Currency Valuation Notices within any rolling three month period.
True-Up Adjustment means any Semi-Annual True-Up Adjustment or Interim True-Up Adjustment, as the case may be.
Final Working Capital Statement has the meaning set forth in Section 2.04.
Net earnings available for fixed charges means net income after deducting operating and maintenance expenses, taxes other than federal and state income taxes, depreciation, and depletion, but excluding extraordinary expenses appearing in the regular financial statements of the system.
FX Calculation Date means each day on which FX is published by the Fixing Sponsor. "FX Call Event" means each of the following events:
Final Settlement Statement has the meaning set forth in Section 2.6(b).
Estimated Closing Indebtedness has the meaning set forth in Section 2.4(a).
Closing Statement means the Closing Statement in the form on Annex A attached hereto.
Floating Amount The product of (a) the Notional Amount (b) the Floating Rate Day Count Fraction and (c) the Settlement Spread which shall be calculated in accordance with the following formula: If USD-LIBOR-BBA is greater than the Cap Rate I for the applicable Calculation Period, then Settlement Spread = (USD-LIBOR-BBA - applicable Cap Rate I) provided, however, that if USD-LIBOR-BBA for any Calculation Period is greater than the Cap Rate II then the USD-LIBOR-BBA for such Calculation Period shall be deemed to be the Cap Rate II. If 1 Month USD-LIBOR-BBA is less than or equal to the Cap Rate I for the applicable Calculation Period, then Settlement Spread = Zero. Floating Rate for initial Calculation Period: To be determined Floating Rate Option: USD-LIBOR-BBA Designated Maturity: 1 month Spread: None Floating Rate Day Count Fraction: 30/360 Reset Dates: First day of each Calculation Period. Business Days: New York Calculation Agent: Party A
Final Closing Balance Sheet shall have the meaning set forth in Section 2.3(e).
FX Valuation Date means the FX Calculation Date immediately following the respective Valuation Date.
Closing Balance Sheet has the meaning set forth in Section 2.4(a).
Consolidated Cash Interest Charges means, for any period, for the Borrower and its Restricted Subsidiaries on a consolidated basis, that portion of Consolidated Interest Charges that is either paid or required to be paid in cash during such period, but excluding prepayment or similar premiums paid in connection with any prepayment, repurchase or redemption of Consolidated Funded Indebtedness.
Auditor’s Report means the auditor’s report on the Financial Report; “AEDT” means Australian Eastern Daylight Standard Time.
Fixed Charges Coverage Ratio means, for any date of determination, the ratio of (a) Consolidated Income Available for Fixed Charges for the four (4) consecutive fiscal quarters of the Company then most recently ended to (b) Fixed Charges for such period.
Closing Adjustment has the meaning set forth in Section 2.04(a)(ii).