Examples of Quarter Date in a sentence
Such documentary credit fee shall be paid in arrears on each Quarter Date during the Term of the relevant Documentary Credit and on the relevant Expiry Date (or the date of its repayment, prepayment or cancellation, if earlier) for that Documentary Credit.
Except as otherwise provided in Section 2(b) below, 12.5% of the remaining Common Shares will become vested on each Quarter Date such that on February 14, 2007, the Common Shares will be 100% vested, in each case, however, if and only if as of each such Quarter Date Executive has been continuously employed by the Company, Employer or any of their respective Subsidiaries from the date of this Agreement through and including such Quarter Date.
Except as otherwise provided in SECTION 2(b) below, 5% of the Carried Units will become vested on each Quarter Date such that on February 14, 2007 the Carried Units will be 100% vested, in each case, however, if and only if as of each such Quarter Date Executive has been continuously employed by the Company, Employer or any of their respective Subsidiaries from the date of this Agreement through and including such Quarter Date.
The calculation of Interest Cover Ratio shall be made for a 12 month period ending on the last day of the period covered by the Financial Report as of the most recent Quarter Date for which the Financial Report has been published.
The Issuer shall ensure that the Issuer on a consolidated basis at each Quarter Date has an Equity Ratio of at least 20 %.