Quarterly Test Date definition

Quarterly Test Date means the last day of a calendar quarter - that is, the last day of March, June, September or December.
Quarterly Test Date means, with respect to any Quarterly Distribution Date, the date that is the last day of the month preceding such Quarterly Distribution Date.
Quarterly Test Date means the last day of each calendar quarter.

Examples of Quarterly Test Date in a sentence

  • On each Quarterly Distribution Date, each holder of an Allowed Claim other than a Class 3 Allowed General Unsecured Claim that has been Allowed as of the Quarterly Test Date shall receive its Distribution minus the aggregate the amount of any Distribution previously distributed to such holder on account of such claims.

  • If Mezzanine Borrower fails to timely deliver the Draft Financial Statements, Mezzanine Lender, in its discretion, may determine, based on any other available information that it believes in good faith is reliable and probative, that a Cash Sweep Event had occurred as of the Quarterly Test Date, in which event Mezzanine Lender will send a Cash Sweep Event Notice to Servicer, Deposit Bank and Mezzanine Borrower, and a Cash Sweep Event will be deemed to have begun on the first day of Sweep Month 1.

  • This Debt Service Coverage Ratio Statement is being given for the [DSCR Test Date] [Quarterly Test Date] of ________.


More Definitions of Quarterly Test Date

Quarterly Test Date as of any date of determination, the last day of the most recently ended fiscal quarter of the Borrower for which financial statements are available.
Quarterly Test Date has the meaning set forth in Section 8.03(a).
Quarterly Test Date means 31 March, 30 June, 30 September and 31 December in each year;
Quarterly Test Date means the [***].
Quarterly Test Date means the last day of each March, June, September and December.
Quarterly Test Date means the last day of each fiscal quarter of each Fiscal Year of Borrower, with the first Quarterly Test Date being in January, 2006.

Related to Quarterly Test Date

  • 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.

  • Measurement Date has the meaning set forth in Section 3.3(a).

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

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

  • 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.

  • Testing Date means each day which is: (i) the last day of the Issuer's financial year in any year; or (ii) the last day of each of the first three quarters of the Issuer's financial year in any year.