Quarterly Testing Date definition

Quarterly Testing Date means the last day of each Fiscal Quarter.
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Quarterly Testing Date means the last day of each fiscal quarter.
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Quarterly Testing Date means 31 March, 30 June, 30 September and 31 December in each year starting on 30 September 2020.”
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Examples of Quarterly Testing Date in a sentence

  • On each Quarterly Testing Date occurring on or after March 31, 2025, the Borrower shall not permit the Consolidated Leverage Ratio to be greater than 5.50 to 1.0 for the four consecutive fiscal quarter period ended on such date of determination.


More Definitions of Quarterly Testing Date

Quarterly Testing Date means the last day of each Fiscal Quarter. “Rating Agency” means Fitch, S&P or Moody’s.
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Quarterly Testing Date means the last day of each fiscal quarter. “Rating Agency” means each of S&P and Moody’s.
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Quarterly Testing Date means the date falling three months after any date upon which a payment is due under clause 20.2.2 and each date falling three months thereafter until the Parent is no longer under an obligation to retain funds on the Blocked Deposit Account in accordance with clause 20.2.3.
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Quarterly Testing Date means 31st March, 30th June, 30th September and 31st December of each year.
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Quarterly Testing Date as defined in Section 2.5(c)(iii) of this Agreement. Quartershare Interest(s) -- means individually or collectively (as the context may require), an Attitash Quartershare Interest, a Jordan Bowl Quartershare Interest, a Killington Quartershare Interest, and/or a Mt. Snow Quartershare Interest.
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Related to Quarterly Testing 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.

  • 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.

  • Quarterly Period means each period of three (3) consecutive months ending on March 31, June 30, September 30, and December 31.

  • Covenant Testing Period means a period (a) commencing on the last day of the fiscal quarter of Parent most recently ended prior to a Covenant Trigger Event for which Borrowers are required to deliver quarterly or annual financial statements pursuant to Section 5.2 of this Agreement, and (b) continuing through and including (but ending on) the first day, after such Covenant Trigger Event, on which Availability has exceeded 20% of the then effective Borrowing Base for 30 consecutive days.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

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

  • Minimum Quarterly Distribution means $0.35 per Unit per Quarter (or with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.35 multiplied by a fraction of which the numerator is the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • LCA Test Date has the meaning specified in Section 1.03(e).

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

  • Increased Reporting Period means the period commencing after the continuance of an Increased Reporting Event and continuing until the date when no Increased Reporting Event has occurred for 30 consecutive days.

  • LCT Test Date shall have the meaning provided in Section 1.12(b).

  • Quarterly Payment Dates means each March 31, June 30, September 30 and December 31.

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

  • 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.

  • Reporting Date means the 7th day of each Month following the Month to which the relevant Management Information relates, or such other date as may be agreed between the Parties;