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 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 7, 2005 and the final Quarterly Calculation Period shall extend to, and include, the Valuation Date (as defined below).

Examples of Quarterly Calculation Period in a sentence

• The Notes Interest Available Amount shall be calculated by reference to interest receipts and other amounts received by the Issuer in the Issuer Collection Account during the previous Quarterly Calculation Period or, with regard to certain amounts, at the latest on the succeeding Quarterly Payment Date.

• If Sellers or their respective Affiliates conduct a Restricted Business, (i) Purchaser will have no obligation to make any payments of an Initial Sales Percentage Amount or Sales Percentage Amount, as applicable, with respect to Sales conducted on any continent where Sellers or their applicable Affiliates are engaging in the Restricted Business during any Quarterly Calculation Period, and (ii) Purchaser’s obligations under Section 2.7(j) will be terminated.

• The Notes Redemption Available Amount shall be calculated by reference to principal amounts and other amounts received by the Issuer in the Issuer Collection Account during the previous Quarterly Calculation Period.

• The Calculation Agent will notify the Trustee of the amount of interest payable on or before the second Banking Business Day immediately following the Interest Determination Date of the applicable Quarterly Calculation Period.

• The interest payment date related to any Quarterly Calculation Period with respect to which interest is paid will be the interest payment date following the Interest Determination Date of the applicable Quarterly Calculation Period or, with respect to the final Quarterly Calculation Period, the stated maturity date.

More Definitions of Quarterly Calculation Period

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.

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.