Rolling Period definition

Rolling Period means, as of any date, the four Fiscal Quarters ending on or immediately preceding such date.

Rolling Period means any period of four consecutive fiscal quarters.

Rolling Period means (a) for each of the Fiscal Quarters ending June 30, 2019, September 30, 2019 and December 31, 2019, the applicable period commencing on April 1, 2019 and ending on the last day of such applicable Fiscal Quarter, and (b) for each Fiscal Quarter ending thereafter, any period of four consecutive Fiscal Quarters ending on the last day of such applicable Fiscal Quarter.

Examples of Rolling Period in a sentence

• Permit the Interest Coverage Ratio for any Rolling Period to be less than 3.0 to 1.0.

• As of the last day of each Rolling Period of the Company, the Company shall not permit the ratio of EBITDA for such Rolling Period to Fixed Charges for such Rolling Period to be less than 1.50 to 1.00.

• As of the last day of each Fiscal Quarter of the Borrower, the Borrower shall not permit the ratio of Adjusted EBITDA for the applicable Rolling Period to Fixed Charges for such Rolling Period to be less than 1.50 to 1.0.

• Seller is obligated to deliver a quantity of Net Output during each Rolling Period which is equal to the Output Guarantee.

• Maintain a Fixed Charge Coverage Ratio (determined as of the last day of any Fiscal Quarter for the Rolling Period ending on such day) of not less than 1.70:1.00.

More Definitions of Rolling Period

Rolling Period means with respect to any fiscal quarter, such fiscal quarter and the three immediately preceding fiscal quarters considered as a single accounting period.

Rolling Period means each Fiscal Quarter taken together with the three immediately preceding Fiscal Quarters.

Rolling Period means for the end of any fiscal quarter, the period of four (4) consecutive fiscal quarters ending on the last day of such fiscal quarter.

Rolling Period means a period consisting of a specified number of sub- periods of definite length in which the most recent subperiod is substituted for the earliest subperiod as time passes.

Rolling Period means, on any date of determination, the most recent four fiscal quarters ended on March 31, June 30, September 30, or December 31 (as the case may be).

Rolling Period means, as of the end of any Fiscal Quarter of the Borrower, the immediately preceding four (4) Fiscal Quarters, including the Fiscal Quarter then ending.

Rolling Period means a period consisting of a specified number of sub-periods of definite length in which the most recent sub-period is substituted for the earliest sub-period as time passes.