Relevant Quarter definition
Examples of Relevant Quarter in a sentence
If the Auction Participant does comply with the notice, payment of the Cancellation Price and distribution of the settlements residue represented by SRDA Units (excluding Cancelled Units) under each such SRDA will not occur on payment of the Purchase Price but will only occur during the Relevant Quarter in accordance with the Rules and the applicable SRDA.
If an SRDA is terminated under clause 16.1 or by the Auction Participant under clause 16.3(a) or clause 16.5, the Auction Participant is entitled to a refund of a proportion of the Purchase Price equal to the proportion of the number of billing periods for which Distribution Instalments have not been made to the total number of billing periods for the Relevant Quarter.
Right to offer Units An Auction Participant may offer any or all SRDA Units for a Relevant Quarter in future auctions for the Relevant Quarter in accordance with the SRDA and the auction rules.
For purposes of this Section 9.11(b), "Relevant Quarter End" shall mean the end of the most recently ended fiscal quarter for which financial statements have been delivered pursuant to Section 9.01(a) or (b).
The Company's achievement of the Earnings Milestone shall be evidenced by a certificate from the Company's chief executive officer and chief financial officer based on the Company's regularly prepared financial statements for the Relevant Quarter as reviewed by Company's independent auditors and such certificate and financial statements shall be submitted to ▇▇▇▇▇▇▇ ▇▇▇▇▇ and the investors in the Offering within sixty (60) days of the end of the Relevant Quarter.