Second Measurement Period definition

Second Measurement Period has the meaning set forth in Section 1.6(b).

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Second Measurement Period means, for each Entity, the ninety-day period ending on the last day of the Performance Period.

Second Measurement Period means the 12-month period beginning on the first day of the first full calendar month after the one-year anniversary of the Closing Date.

Examples of Second Measurement Period in a sentence

For this purpose, the mid-threshold amount of Consolidated EBITDA for the three Measurement Periods are as follows: First Measurement Period = $14,070,000; Second Measurement Period = $17,400,000; and Third Measurement Period = $20,700,000.
The Second Measurement Period, for 5,412 shares, is the period of three consecutive fiscal years (of the Company and the other companies listed in the NAREIT Hotel Index) ending in 2007.
The Second Measurement Period, for 6,045 shares, is the period of three consecutive fiscal years (of the Company and the other companies listed in the NAREIT Hotel Index) ending in 2008.
Notwithstanding the foregoing, if the Company’s absolute TSR for the First Measurement Period or Second Measurement Period, as applicable, is negative, in no event shall the Relative TSR Earned Percentage be more than one hundred percent (100%).
Such EBITDA Bonus shall be paid to Executive no later than the date of the first scheduled payroll following the date of completion of NIM's annual audit for the period to which the EBITDA Bonus relates, accompanied by an EBITDA Computation Notice setting forth the Chief Financial Officer's determination of EBITDA for the Second Measurement Period together with the Chief Financial Officer's worksheet setting forth the computation of EBITDA in reasonable detail.

More Definitions of Second Measurement Period

Second Measurement Period means the period that begins on the first day of the Performance Period and ends on the last day of the fifth quarter following such date.

Second Measurement Period means the calendar year ending December 31, 2022.

Second Measurement Period means the period commencing on the day immediately after the First Anniversary and ending on the Second Anniversary.

Second Measurement Period means a rolling twelve (12) month period beginning with the first month following the month in which the First Earnout Payment is earned.

Second Measurement Period means the twelve (12) month period which immediately follows the First Measurement Period.

Second Measurement Period has the meaning given to such term in Section 8.13(a) of this Agreement.

Second Measurement Period means the period beginning on the day following the first anniversary of the Closing Date and ending on the second anniversary of the Closing Date.