Payment Measuring Period definition

Payment Measuring Period means (i) the period from the Effective Date to December 31, 1998 and (ii) each six month period ended June 30 and December 31 thereafter, through and including the Final Payment Date.
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Payment Measuring Period means a period equal to the prior six (6) months, calculated as of June 30 and December 31 of each calendar year during the term of this Indenture; provided no Payment Measuring Period shall commence after the End Date.
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Payment Measuring Period. “Principal Payment”, “Products”, “Net Revenues” or any other defined term that is incorporated into any such definition.
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Examples of Payment Measuring Period in a sentence

  • The "Contingent Payment," with respect to any Payment Measuring Period, equals five percent of the Net Sales that are attributable to the commercial sale of Products.

  • Within sixty days after the end of each Payment Measuring Period, the Company shall furnish to the Trustee a written report showing (i) the gross sales of all Products sold by the Company, its Affiliates, licensees and distributors during the immediately preceding Payment Measuring Period; and (ii) the reconciliation of gross sales to Net Sales.

  • Within sixty days after the end of each Payment Measuring Period, the Company shall furnish to the Trustee and the Holders a written report showing (i) the gross sales of all Products sold by the Company, its Affiliates, licensees and distributors during the immediately preceding Payment Measuring Period; and (ii) the reconciliation of gross sales to Net Sales.

  • If any adjustments or inaccuracies in the amounts paid or payable under this Section 7.5 are determined by the Trustee in its review of the calculation of the Contingent Payment, which may be performed at the end of any Payment Measuring Period, and the Company agrees to such adjustment, such adjustments for the immediately preceding Payment Measuring Period may be reconciled and described in the next due written report and the payment then due shall be adjusted to reflect such determination.

  • If any adjustments or inaccuracies in the amounts paid or payable under this Section 7.5 are determined by the Holders in their review of the calculation of the Contingent Payment, which may be performed at the end of any Payment Measuring Period, and the Company agrees to such adjustment, such adjustments for the immediately preceding Payment Measuring Period may be reconciled and described in the next due written report and the payment then due shall be adjusted to reflect such determination.

  • No such request shall be made more than three years subsequent to the Payment Measuring Period that is the subject of such audit request.

  • For the purpose of computing the Net Sales of Products sold in a currency other than United States Dollars, such currency shall be converted into United States Dollars using the average of the rates of exchange published in The Wall Street Journal during the five business days preceding the close of the Payment Measuring Period.

Related to Payment Measuring Period

  • Measuring Period means the period of four consecutive fiscal quarters ended on the last day of the Fiscal Quarter most recently ended as to which operating statements with respect to a Real Property have been delivered to the Lenders.

  • Net metering period means the 12-month period following the date of final interconnection of the

  • Equity Conditions Measuring Period means each day during the period beginning twenty (20) Trading Days prior to the applicable date of determination and ending on and including the applicable date of determination.

  • Qualifying Period means 12 continuous Calendar Weeks during the whole or part of which the Agency Worker is supplied by one or more Temporary Work Agencies to the relevant Hirer to work temporarily for and under the supervision and direction of the relevant Hirer in the same role, and as further defined in the Schedule to these Terms;

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Monitoring Period means the period from the Launch Date to the Valuation Date (both dates including) at such point in time at which the Reference Price of the Underlying is determined and published..

  • Payout Period means the time frame during which certain benefits payable hereunder shall be distributed. Payments shall be made in monthly installments commencing on the first day of the month following the occurrence of the event which triggers distribution and continuing for a period of one hundred eighty (180) months. Should the Executive make a Timely Election to receive a lump sum benefit payment, the Executive's Payout Period shall be deemed to be one (1) month.

  • Minimum Hire Period means the Minimum Hire Period as described on the invoices, quotation, authority to hire, or any other forms as provided by the Supplier to the Client.

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • Matching Period has the meaning specified in Section 5.4(1)(e).

  • Post-Closing Period means any taxable period or portion thereof beginning after the Closing Date. If a taxable period begins on or before the Closing Date and ends after the Closing Date, then the portion of the taxable period that begins on the day following the Closing Date shall constitute a Post-Closing Period.

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • Award Period means the period beginning on an Award Date and ending on the expiration date of such Award.

  • Averaging Period means the time over which a limit is measured or a monitoring result is obtained;

  • Return Accumulation Period means the period from (and including) a Periodic Distribution Date (or, in the case of the first Return Accumulation Period, the Issue Date) to (but excluding) the next (or, in the case of the first Return Accumulation Period, the first) Periodic Distribution Date;

  • Tax Limitation Period means the Tax Years for which the Applicant’s Qualified Property is subject to the Tax Limitation Amount and as further identified in Section 2.3.D of this Agreement.

  • Marketing Period means the first period of 21 consecutive business days throughout and on the last day of which (a) Parent, Merger Sub and their financing sources shall have received completed Offering Documents including Required Information (including the Required Information with respect to the Company’s fiscal year ended January 25, 2010) for all of the Available Financing, and such Required Information contained in all of the Offering Documents is Compliant, (b) all conditions set forth in Section 6.1 and Section 6.2 (other than those that by their nature will not be satisfied until the Effective Time) have been satisfied and nothing has occurred and no condition exists that would cause any of the conditions set forth in Section 6.1 or Section 6.2 not to be satisfied assuming the Effective Time were to be scheduled for any time during such consecutive 21 business day period, and (c) the Company shall have provided all cooperation which it is obligated to provide under the terms of Section 5.5. Notwithstanding the foregoing, the “Marketing Period” shall not commence and shall be deemed not to have commenced if, on or prior to the completion of such consecutive 21 business day period, (x) the Company shall have announced any intention to restate any financial statements or financial information included in the Required Information or that any such restatement is under consideration or may be a possibility, in which case the Marketing Period will be deemed not to commence unless and until such restatement has been completed and the applicable Required Information has been amended or the Company has announced that it has concluded that no restatement shall be required, (y) the Company shall have failed to file any report with the applicable Securities Authorities when due, in which case the Marketing Period will be deemed not to commence unless and until all such reports have been filed, or (z) the Required Information would not be Compliant throughout and on the last day of such 21 business day period, in which case a new 21 business day period shall commence upon Parent, Merger Sub and their financing sources receiving updated Required Information that would be Compliant, and the requirements in clauses (a) and (b) above would be satisfied throughout and on the last day of such new 21 business day period. In no event may a “Marketing Period” commence any later than July 27, 2010, unless at Parent’s election a Marketing Period commenced after such date terminates no later than August 24, 2010.

  • Call Option Period has the meaning given to it in Condition 6.04 (Call Option);

  • Deferral Period has the meaning set forth in Section 3(i) hereof.

  • Minimum Quarterly Distribution means $0.35 per Unit per Quarter (or with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.35 multiplied by a fraction of which the numerator is the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.

  • Vesting Period means the period of time specified by the Committee during which vesting restrictions for an Award are applicable.

  • Performance Period means the one or more periods of time, which may be of varying and overlapping durations, as the Committee may select, over which the attainment of one or more Performance Goals will be measured for the purpose of determining a Participant’s right to, and the payment of, a Performance-Based Award.

  • Cash Settlement Averaging Period means, with respect to a Security that is tendered for conversion in accordance with this Article X, the twenty (20) consecutive Trading-Day period that begins on, and includes, the third (3rd) Trading Day after the Conversion Date for such Security; provided, however, that if such Conversion Date is on or after the twenty third (23rd) scheduled Trading Day prior to the Maturity Date, then the Cash Settlement Averaging Period with respect to such conversion shall be the twenty (20) consecutive Trading-Day period that begins on and includes the twentieth (20th) scheduled Trading Day prior to the Maturity Date.

  • Accumulation Period has the meaning set forth in the Indenture Supplement.