Quarterly Measurement Period definition

Quarterly Measurement Period means individually, each period of three months ending February 28 (29th in a leap year), May 31, August 31 and November 30 commencing from the Start Date and ending on the Repayment Date.
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Quarterly Measurement Period is a period of three (3) consecutive months (i.e., a quarter) for measurement of some metrics. The four Quarterly Measurement Periods per calendar year are set as follows: January 1 – March 31; April 1 – June 30; July 1 – September 30 and October 1 – December 31.
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Quarterly Measurement Period as of any Basic Rent Payment Date, the three-month period (or in the case of the Basic Rent Payment Date to occur on July 31, 1998, the four-month period) ending on the day immediately preceding such Basic Rent Payment Date.
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Examples of Quarterly Measurement Period in a sentence

  • However, if the Company's Earnings do not equal or exceed $36 million for any subsequent Quarterly Measurement Period, up to and including the Quarterly Measurement Period ending March 31, 1998, the Company is obligated to commence paying Additional Interest until the Company's Earnings again equal or exceed $36 million on a trailing twelve month basis calculated quarterly.

  • The Company measures its Earnings for trailing twelve month periods, each period to end on the last day of a fiscal quarter and extend no further than March 31, 1998 (each a "Quarterly Measurement Period").

  • Except as set forth below, (i) to earn a Quarterly Bonus for any Measurement Period or Annual Bonus at the end of the annual Measurement Period, Employee must remain employed by the Employer through the end of the applicable Measurement Period and (ii) Employee shall forfeit the right to any Quarterly Bonus for a Quarterly Measurement Period or Annual Bonus if his employment with the Employer terminates for any reason prior to the end of the applicable Measurement Period.

  • If the Committee determines, for any Quarterly Measurement Period during 2005, or the Annual Measurement Period ending December 31, 2005, that none of the Baseline Performance Targets was exceeded, then, Participants shall not be entitled to receive any incentive compensation awards for such Measurement Period under the 2005 Plan.

  • On each Payment Date (other than the Fifth Anniversary), the Principal Balance shall be reduced (but not below zero) by an amount equal to ninety percent (90%) of the amount of Credit Losses in respect of the DUS Loans and MultiTrak Loans during the Quarterly Measurement Period immediately preceding such Payment Date, as reflected in the related Credit Loss Notice referred to below.

  • The first Quarterly Measurement Period shall commence on July 1, 2015 and end on the earliest to occur after the Closing Date of August 31, November 30, February 28 (or 29 if the relevant year is a leap year), or May 31, as applicable.

  • Berkadia shall provide Capmark with written notice (each, a “Credit Loss Notice”) within five (5) Business Days after the end of the relevant Quarterly Measurement Period setting forth in reasonable detail the Credit Losses for such Quarterly Measurement Period.

  • On each Basic Rent Payment Date, unless and until the Required Rent Reserve Balance shall be on deposit in the Rent Reserve Account, the Lessee shall deposit into the Rent Reserve Account an amount equal to 50% of Distributable Cash Flow for the Quarterly Measurement Period ended one month prior to such Basic Rent Payment Date.


More Definitions of Quarterly Measurement Period

Quarterly Measurement Period as of any Basic Rent Payment Date, the three-month period (or, in the case of the initial Quarterly Measurement Period, the two-month period) ending one month prior to such Basic Rent Payment Date.
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Quarterly Measurement Period means each one-quarter period commencing with the first day of Purchaser’s first fiscal quarter following the Closing. By way of illustration, if the Closing shall occur on March 15, 2017, then the first Quarterly Measurement Period would commence on April 3, 2017.
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Quarterly Measurement Period means each of (a) the period from April 1, 2001 through June 30, 2001 and (b) each calendar quarter during the term of this Agreement that does not end on December 31.
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Quarterly Measurement Period means the period commencing on October 1, 2009 and ending on December 15, 2009 (or, if such day is not a Business Day, on the next succeeding Business Day), with respect to the first Quarterly Period, and thereafter commencing on the last day of the previous Quarterly Period and ending on the 15th day of each March, June, September and December to occur while this Note is outstanding.
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Quarterly Measurement Period means a three (3)-month period ending March 31, June 30, September 30, or December 31 of each year.
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Quarterly Measurement Period means each of the following periods: (i) the period beginning on December 1 and ending on February 28 (or February 29 in the case of any leap year), inclusive, (ii) the period beginning on March 1 and ending on May 31, inclusive, (iii) the period beginning on June 1 and ending on August 31, inclusive and (iv) the period beginning on September 1 and ending on November 30, inclusive, provided that the initial Quarterly Measurement Period shall commence on July 1, 2015 and end on the earliest to occur after the Closing Date of August 31, November 30, February 28 (or 29 if the relevant year is a leap year), or May 31, as applicable;
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Related to Quarterly Measurement Period

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

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Measurement Period shall have the meaning specified in Section 14.01(b)(i).

  • Quarterly Period the period of three months commencing on 1 January, 1 April, 1 July and 1 October.

  • 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 Valuation Date means the last Business Day of the last month of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing October 31, 2001.

  • Baseline Period means the 12-month period immediately preceding October 30, 2016.

  • 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.

  • Quarter means, unless the context requires otherwise, a fiscal quarter of the Partnership, or, with respect to the fiscal quarter of the Partnership which includes the Closing Date, the portion of such fiscal quarter after the Closing Date.

  • Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.

  • 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.

  • 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.

  • 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.

  • 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.

  • Adjusted EPS means earnings per share further adjusted for share-based payments, amortization of acquired intangible assets, items outside the normal scope of our ordinary activities (including other items, within selling, general and administrative expenses, losses/(gains) on items held at fair value and remeasurements through profit and loss, impairment losses on tangible assets, and impairment losses on intangible assets) and the related tax effects of these adjustments. Adjusted EPS provides a basis for comparison of our business operations between current, past and future periods by excluding items that we do not believe are indicative of our core operating performance. Adjusted EPS may not be comparable to other similarly titled metrics of other companies.

  • Program Period means the period of time which the department intends to support the program without requiring the recompetition for funds. The program period is specified within the grant application.

  • Measurement Date means the most recent Payment Date specified in the first column of the Cumulative Net Loss Rate Table.

  • Fiscal Quarters means the period from January 1 to March 31, April 1 to June 30, July 1 to September 30 and October 1 to December 31 of the applicable year.

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Adjusted EBITDA means, for the twelve (12) month period preceding the calculation date, for any Person, the sum of (a) Net Income, plus (b) to the extent deducted in determining Net Income, the sum, without duplication, of such Person’s (i) Interest Expense, (ii) income tax expense, including, without limitation, taxes paid or accrued based on income, profits or capital, including state, franchise and similar taxes and foreign withholding taxes, (iii) depreciation and amortization (including, without limitation, amortization of goodwill and other intangible assets), (iv) extraordinary losses and non-recurring non-cash charges and expenses, (v) all other non-cash charges, expenses and interest (including, without limitation, any non-cash losses in respect of Hedge Agreements, non-cash impairment charges, non-cash valuation charges for stock option grants or vesting of restricted stock awards or any other non-cash compensation charges, and losses from the early extinguishment of Indebtedness), (vi) non-recurring integration costs and expenses resulting from operational changes and improvements (including, without limitation, severance costs and business optimization expenses) and (vii) non-recurring charges and expenses, restructuring charges, transaction expenses (including, without limitation, transaction expenses incurred in connection with any merger or acquisition) and underwriters’ fees, and severance and retention payments in connection with any merger or acquisition, in each case for such period, less extraordinary gains and cash payments (not otherwise deducted in determining Net Income) made during such period with respect to non-cash charges that were added back in a prior period; provided, however, (A) with respect to any Person that became a Subsidiary of the Borrower, or was merged with or consolidated into the Borrower or any of its Subsidiaries, during such period, or any acquisition by the Borrower or any of its Subsidiaries of the assets of any Person during such period, “Adjusted EBITDA” shall, at the option of the Borrower in respect of any or all of the foregoing, also include the Adjusted EBITDA of such Person or attributable to such assets, as applicable, during such period as if such acquisition, merger or consolidation, including any concurrent transaction entered into by such Person or with respect to such assets as part of such acquisition, merger or consolidation, had occurred on the first day of such period and (B) with respect to any Person that has ceased to be a Subsidiary of the Borrower during such period, or any material assets of the Borrower or any of its Subsidiaries sold or otherwise disposed of by the Borrower or any of its Subsidiaries during such period, “Adjusted EBITDA” shall exclude the Adjusted EBITDA of such Person or attributable to such assets, as applicable, during such period as if such sale or disposition of such Subsidiary or such assets had occurred on the first day of such period.

  • Adjusted Consolidated EBITDA means, for any Computation Period, Consolidated EBITDA for such Computation Period adjusted by giving effect on a pro forma basis to Acquisitions and dispositions completed during such Computation Period.

  • Performance Measure means one or more of the following selected by the Committee to measure Company, Affiliate, and/or business unit performance for a Performance Period, whether in absolute or relative terms (including, without limitation, terms relative to a peer group or index): basic, diluted, or adjusted earnings per share; sales or revenue; earnings before interest, taxes, and other adjustments (in total or on a per share basis); basic or adjusted net income; returns on equity, assets, capital, revenue or similar measure; economic value added; working capital; total shareholder return; and product development, product market share, research, licensing, litigation, human resources, information services, mergers, acquisitions, sales of assets of Affiliates or business units. Each such measure shall be, to the extent applicable, determined in accordance with generally accepted accounting principles as consistently applied by the Company (or such other standard applied by the Committee) and, if so determined by the Committee, and in the case of a Performance Compensation Award, to the extent permitted under Code Section 162(m), adjusted to omit the effects of extraordinary items, gain or loss on the disposal of a business segment, unusual or infrequently occurring events and transactions and cumulative effects of changes in accounting principles. Performance Measures may vary from Performance Period to Performance Period and from Participant to Participant, and may be established on a stand-alone basis, in tandem or in the alternative.

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • Quarterly reporting period means the three-month period covered by each

  • Fiscal Quarter means a fiscal quarter of any Fiscal Year.

  • Financial Quarter means the period commencing on the day after one Quarter Date and ending on the next Quarter Date.