Quarterly Testing Date means the last day of each Fiscal Quarter.
Quarterly Testing Date means 31 March, 30 June, 30 September and 31 December in each year starting on 30 September 2020.”
Quarterly Testing Date means the last day of each Fiscal Quarter. “Rating Agency” means Fitch, S&P or Moody’s.
Examples of Quarterly Testing Date in a sentence
Until the first occurrence of an Investment Grade Event, as of each Quarterly Testing Date commencing with September 30, 2024, the Interest Coverage Ratio shall not be less than 2.25 to 1.00.
As of each Quarterly Testing Date, commencing with September 30, 2024, (i) before the first occurrence of an Investment Grade Event, the Net Leverage Ratio will not exceed 5.50 to 1.00 and (ii) from and after the first occurrence of an Investment Grade Event, the Net Leverage Ratio will not exceed 5.00 to 1.00; provided that, if a Specified Acquisition Period is in effect at any time from and after the first occurrence of an Investment Grade Event, the Net Leverage Ratio shall not exceed 5.50 to 1.00.
More Definitions of Quarterly Testing Date
Quarterly Testing Date means the last day of each fiscal quarter. “Rating Agency” means each of S&P and Moody’s.
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.
Quarterly Testing Date means 31st March, 30th June, 30th September and 31st December of each year.
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.