Quarterly Periods definition

Quarterly Periods the three-month periods commencing on 1 January, 1 April, 1 July and 1 October respectively.
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Quarterly Periods mean, collectively, the First Quarterly Period, the Second Quarterly Period, the Third Quarterly Period and the Fourth Quarterly Period, provided, however, that if there is a change in the periods applicable to payments of estimated Federal income taxes by individuals, then the Quarterly Period determinations hereunder shall change correspondingly such that the Partnership is required to make periodic Tax Distributions under Section 7.3 of this Agreement at the times and in the amounts sufficient to enable an individual Partner to satisfy such payments in full with respect to amounts allocated pursuant to the provisions of Article VI hereof (other than Section 6.2(h)).
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Quarterly Periods mean, collectively, the First Quarterly Period, the Second Quarterly Period, the Third Quarterly Period and the Fourth Quarterly Period, provided, however, that if there is a change in the periods applicable to payments of estimated federal income taxes by individuals, then the Quarterly Period determinations hereunder shall change correspondingly such that the Company is required to make periodic Tax Distributions under Section 4.2 of this Agreement at the times and in the amounts sufficient to enable an individual Member to satisfy such payments in full with respect to amounts allocated pursuant to the provisions of Article V hereof.
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Examples of Quarterly Periods in a sentence

  • Promptly following each of the first three Quarterly Periods and following the completion of each fiscal year, XxxxXxxxx shall deliver to the Trustee a statement of the computation of the proceeds for such Quarterly Period or fiscal year, as the case may be, as well as an update on the number of Development Xxxxx that have been drilled pursuant to the Development Agreement (identifying such Development Xxxxx) and production information for such period.

  • If the amount of any such payments that would have been made under this Agreement for such Annual Period would have been different than the payments calculated for the corresponding Quarterly Periods, then the Parties shall adjust the payments in the last Quarterly Period to eliminate such difference.

  • Certain payments and measurement periods in this Agreement are based on Quarterly Periods, including but not limited to the Gross Profit and Manufacturing Costs.

  • For clarity, in no event shall the Corporation have the right to pay any Accruing Dividends that accrued in prior Quarterly Periods, which Accruing Dividends shall continue to accrue in accordance with the terms hereof.

  • The period of calculation in respect of which each of the ratios identified in paragraphs (a)(i) to (iv) above is to be calculated shall be each Quarterly Period and the immediately preceding three Quarterly Periods.

  • By way of example, assume the Aggregate Sum is $50,000 and the Accrual Period is 20 Quarterly Periods, then the Deferred Payment shall be $5,000 and the Payment Period shall be 10 Quarterly Periods.

  • Ladies and Gentlemen: At your request, we have performed certain agreed upon procedures, as enumerated below, with respect to the Statements of Materials Cost of Xxxxxx Bagel Supply Company, LLC, for each of the Quarterly Periods in the year ended December 31, 19__.

  • If the cure right is exercised for the fixed charge service cover, the amount received as additional equity and/or Subordinated Shareholder Debt will, for the purposes of Cashflow be counted in each of the three Quarterly Periods following the Quarterly Period in which the additional equity and/or Shareholder Subordinated Debt was received.

  • The ratios in the Total Debt Interest Cover covenant (clause 22.1.3) will be amended by reducing the ratios for the Quarterly Periods ending 30 June 2010, 30 September 2010 and 31 December 2010.

  • TCN may, in the Compliance Certificate delivered pursuant to clause 10.1.11(c) with the Relevant Management Accounts, allocate the Increased Amounts between the four Quarterly Periods comprising such Twelve Month Period and, failing such allocations, the Increased Amount shall be deemed to be split between such Quarterly Periods as to 25 per cent.


More Definitions of Quarterly Periods

Quarterly Periods means January 1 to March 31, April 1 to June 30, July 1 to September 30, and October 1 to December 31.
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Quarterly Periods shall have the meaning set forth in Section 2.8(c) of this Agreement.
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Quarterly Periods means the consecutive three month periods.
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Quarterly Periods means, collectively, the First Quarterly Period, the Second Quarterly Period, the Third Quarterly Period and the Fourth Quarterly Period; provided, however, that if there is a change in the periods applicable to payments of estimated federal income taxes by natural persons, then the Quarterly Period determinations hereunder shall change correspondingly such that the Partnership is required to make periodic Tax Distributions under Section 7.3 at the times and in the amounts sufficient to enable a Partner (or a Person whose Presumed Tax Liability is determined by reference to a Partner) to satisfy such payments in full with respect to amounts allocated pursuant to the provisions of Article VI (other than Section 6.2(d)).
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Quarterly Periods means the four (4) periods of three (3) consecutive full months during a Contract Year. The first Quarterly Period for the first Contract Year shall commence on the first (1st) calendar day of the first (1st) full month following the Acceptance Date.
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Related to Quarterly Periods

  • Quarterly Dates means the last Business Day of March, June, September and December in each year.

  • 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.

  • Calendar Quarter means each period of three (3) consecutive calendar months, ending March 31, June 30, September 30, and December 31.

  • Quarter means a calendar year quarter commencing on 1 January, 1 April, 1 July or 1 October.

  • Annual Period means each twelve (12) month period commencing on the Effective Date and, thereafter, on each anniversary of the Effective Date.

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Calendar Year means each successive period of twelve (12) months commencing on January 1 and ending on December 31.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.