Actual Operating Costs Ratio means, at the relevant time, the ratio of the Franchise Operator’s Modified Revenue to its Actual Operating Costs during the Preceding 13 Reporting Periods (or, prior to the end of the thirteenth such Reporting Period, during all preceding Reporting Periods).
Monthly Reporting Period The period during which servicers report Mortgage payments to the Administrator, generally consisting of the calendar month preceding the related Payment Date for Gold PCs and the second calendar month preceding the related Payment Date for ARM PCs, which period the Administrator has the right to change as provided in Section 3.05(d) of this Agreement; provided, however, that with respect to prepayments on PCs issued before September 1, 1995, the Monthly Reporting Period generally is from the 16th of a month through the 15th of the next month.
Increased Reporting Period means the period commencing after the continuance of an Increased Reporting Event and continuing until the date when no Increased Reporting Event has occurred for 30 consecutive days.
Reporting Period shall begin on the first day of each calendar quarter and end on the last day of such calendar quarter.
Weekly Reporting Period means any Level 2 Ratings Period.
Quarterly reporting period means the three-month period covered by each
Monthly Reporting Date means the 25th day of each month after the date of this Agreement (or if any such day is not a Business Day, the next succeeding Business Day thereafter).
Extended Reporting Period means a designated period of time after a claims-made policy has expired during which a claim may be made and coverage triggered as if the claim has been made during the policy period.
Financial reporting year means the latest consecutive twelve-month period for which any of the following reports used to support a financial test is prepared:
Quarterly Period means each period of three (3) consecutive months ending on March 31, June 30, September 30, and December 31.
Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.
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.
Preceding year means a period of 12 consecutive months fixed by the division
Reporting Day means the day (if any) specified as such in the Reference Rate Terms.
Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.
Reporting Date means the 7th day of each Month following the Month to which the relevant Management Information relates, or such other date as may be agreed between the Parties;
Reporting Year means a twelve-month compliance reporting period required under the Applicable Program.
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.
Quarterly Payment Dates means each March 31, June 30, September 30 and December 31.
Quarterly Statement means the quarterly statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing quarterly statutory financial statements and shall contain the type of financial information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.
Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.
Monthly Progress Report means the report similar in form and content attached hereto as Appendix III.
Fiscal Month means any of the monthly accounting periods of Borrower.
Financial Quarter means the period commencing on the day after one Quarter Date and ending on the next Quarter Date.
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.
Monthly Report Determination Date The meaning specified in Section 10.7(a).