Quarterly Calculation Period definition

Quarterly Calculation Period means the period from and including a Commencement Date to, but excluding, the next Commencement Date, provided that the initial Quarterly Calculation Period shall commence on, and include, December 22, 2006 and the final Quarterly Calculation Period shall extend to, and include, the Valuation Date (as defined below).

Quarterly Calculation Period. ’ means, in relation to a Quarterly Calculation Date, the three successive Mortgage Calculation Periods immediately preceding such Quarterly Calculation Date.

Quarterly Calculation Period means the time period from the Commercialization Payment Date until the last day of the calendar quarter following the calendar quarter in which the Commercialization Payment Date occurs and thereafter, each three-month period ending on the last day of each calendar quarter during the Percentage Payments Period; provided that the last Quarterly Calculation Period will end on the tenth anniversary of the Commercialization Payment Date.

Examples of Quarterly Calculation Period in a sentence

• Quarterly Calculation Period no later than 6 Banking Days before each Quarterly Payment Date; and.

• The Basket Adjustment Factor will equal a pro rata amount equal to 1.0% per year of the daily value of the Select 30 Basket at the end of the previous day accrued daily on the basis of a 365-day year and will be subtracted from the Basket Unit Income at the end of each day prior to effecting any reallocation that day; provided, however, the value of the Basket Adjustment Factor for any Quarterly Calculation Period will not exceed the value of the Basket Unit Income for that Quarterly Calculation Period.

• Calculation Period means a Monthly Calculation Period or a Quarterly Calculation Period.

• Notwithstanding anything contained in this Deed of Trust, Trustee (including any successor of Trustee) shall have the power of sale under this Deed of Trust in lieu of Beneficiary, and all references in the Deed of Trust to Beneficiary having a power of sale shall refer instead to the power of sale in Trustee.

• The Interest Payment Date related to each Quarterly Calculation Period shall be either the Interest Payment Date that is two months following the last day of such Quarterly Calculation Period or, with respect to the final Quarterly Calculation Period, the Maturity Date or the Early Redemption Date, as applicable.

More Definitions of Quarterly Calculation Period

Quarterly Calculation Period means a period from and including the Pricing Date to but excluding the first Commencement Date and from and including each Commencement Date to but excluding the following Commencement Date; provided, however, that the final Quarterly Calculation Period means from and including the final Commencement Date to but excluding the maturity date.

Quarterly Calculation Period means a period of three consecutive months commencing on (and including) the first day of each of June, September, December and March of each year, except for the first Quarterly Calculation Period which will commence on the Sale Date and end on and include the last day of May 2007.

Quarterly Calculation Period means each calendar quarter of each Calculation Period.

Quarterly Calculation Period means each period from and including one Quarterly Calculation Period End Date to but excluding the following Quarterly Calculation Period End Date, provided that, the first Quarterly Calculation Period shall commence on and include the Issue Date and the last Quarterly Calculation Period shall end on but exclude the Quarterly Calculation Period End Date immediately preceding the Termination Date;

Quarterly Calculation Period means a period from and including September 26, 2008 to but excluding the first Commencement Date and from and including each Commencement Date to but excluding the following Commencement Date; provided, however, that the final Quarterly Calculation Period means from and including the final Commencement Date to but excluding the Stated Maturity. The “Share Multiplier” for each stock which then comprises the Index shall be determined by the Index Sponsor and will equal the number of shares of each stock which then comprises the Index, based upon the closing price of that stock on the last Business Day in October, so that on the last Business Day in October each new stock which then comprises the Index represents approximately an equal percentage of a value equal to the applicable Index. If the Adjusted Quarterly Income for a given Quarterly Calculation Period is greater than zero on the related Quarterly Payment Determination Date, the Adjusted Quarterly Income shall be removed from the level of the Index effective as of the close of business on the related Quarterly Payment Determination Date and paid in cash on the third Banking Business Day following the applicable Commencement Date or on the Stated Maturity, as applicable. If the Adjusted Quarterly Income for a given Quarterly Calculation Period is equal to or less than zero on the related Quarterly Payment Determination Date, no quarterly payment shall be made on the Notes. All determinations made by the Calculation Agent, absent a determination of manifest error, shall be conclusive for all purposes and binding on the Company and the Holders and beneficial owners of this Global Note.

Quarterly Calculation Period means each successive three-month period; the first Calculation Period begins on the Commencement Date.

Quarterly Calculation Period means the period from and including a Commencement Date to, but excluding, the next Commencement Date, provided that the initial Quarterly Calculation Period shall commence on, and include, May 5, 2005 and the final Quarterly Calculation Period shall extend to, and include, the Valuation Date (as defined below).