Quarterly Payment Period definition

Quarterly Payment Period means the period commencing on the tenth day and ending and including the twentieth day of each month in which federal estimated tax payments are due (provided that payments in respect of estimated state income taxes due in January may instead, at the option of Borrowers, be paid during the last five days of the immediately preceding December).

Quarterly Payment Period means each successive three-month period from ------------------------ and including a Quarterly Date (or, in the case of the initial Quarterly Payment Period, from and including the Closing Date) to but not including the next following Quarterly Date.

Quarterly Payment Period means each three (3) month period, commencing on the Effective Date and continuing during the term of this Contract and includes the first three (3) months following the date initiating the Termination Assistance Period.

Examples of Quarterly Payment Period in a sentence

• On the Business Day immediately following receipt by the Borrowers of notice from the Administrative Agent of such increase, the Borrowers shall pay to the Administrative Agent, for the account of the Lenders, an amount equal to the difference between (i) the amount of interest previously paid or payable by the Borrowers in respect of such Loan for such Quarterly Payment Period and (ii) the amount of interest in respect of such Loan as so recalculated for such Quarterly Payment Period.

• If the Rate Ratio Certificate for any Quarterly Payment Period is delivered to the Administrative Agent (which shall promptly provide a copy thereof to the Lenders) three or more days prior to the first day of such Quarterly Payment Period, any adjustment in the Applicable Margin required to be made, as shown in such Rate Ratio Certificate, shall be effective on the first day of such Quarterly Payment Period.

• If any portion of a Permitted Quarterly Tax Distribution is not distributed during such Quarterly Payment Period, the Permitted Quarterly Tax Distribution payable during the immediately following Quarterly Payment Period shall be increased by such undistributed portion.

• If the Rate Ratio Certificate for any Quarterly Payment Period is delivered to the Administrative Agent three or more days prior to the first day of such Quarterly Payment Period, any adjustment in the Applicable Margin required to be made, as shown in such Rate Ratio Certificate, shall be effective on the first day of such Quarterly Payment Period.

• Thereafter, the Applicable Margin for each Quarterly Payment Period shall be determined based upon a Rate Ratio Certificate for such Quarterly Payment Period delivered by the Borrowers to the Administrative Agent under this Section 3.03.

More Definitions of Quarterly Payment Period

Quarterly Payment Period means (i) initially, the period from and including September 29, 2017, through and including the Quarterly Date falling on the last Business Day of December 2017 and (ii) thereafter, each successive three-month period from and including a Quarterly Date to but not including the next following Quarterly Date.

Quarterly Payment Period means successive calendar quarters commencing on the Interim Term Expiration Date and thereafter on the last business day in March, June, September and December in each year; provided, however, that no Quarterly Payment Period may end later than the last day of the Lease Term.

Quarterly Payment Period means each quarterly period for which Directors Fees are paid to a Director.

Quarterly Payment Period means the quarterly period between one Quarterly Payment Date and the immediately succeeding Quarterly Payment Date.

Quarterly Payment Period means the three-month period ending on March 31, June 30, September 30 and December 31 of each year.

Quarterly Payment Period means the period commencing on the tenth day and ending on and including the twentieth date of each month in which Federal individual estimated tax payments are due (provided that payments in respect of estimated state income taxes due in January may instead, at the option of the Company, be paid during the last five days of the immediately preceding December.

Quarterly Payment Period means (i) initially, the period from and including the Closing Date through but not including the Quarterly Date