Cycle Month definition

Cycle Month means, initially the period from and after the Cut-Off Date to the end of the first Cycle Month in effect on the Issuance Date, and, thereafter, the period from and after the last day of the preceding Cycle Month to and including the day on which the final billing cycle of the Servicer opening after the last day of the preceding Cycle Month has closed (regardless of the calendar month in which any billing cycle contained in such Cycle Month opens or closes); provided, however, that for any Account, each Cycle Month will include only activity occurring in such Account during the billing cycle for such
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Examples of Cycle Month in a sentence

  • The Seller's obligation to sell the Receivables under this Agreement shall terminate on the earlier to occur of (i) the satisfaction and discharge of the Indenture pursuant to Section 12.01 thereof (notwithstanding the survival of certain obligations as set forth in such Section 12.01, (ii) an Early Amortization Event or (iii) the first day of the August 1999 Cycle Month (the "Purchase Termination Date").

Related to Cycle Month

  • Month means calendar month.

  • Average monthly discharge limitation means the highest allowable average of "daily discharges" over a calendar month, calculated as the sum of all "daily discharges" measured during a calendar month divided by the number of "daily discharges" measured during that month. Compliance with fecal coliform bacteria or E coli bacteria limitations shall be determined using the geometric mean.

  • Operating Month for a Shipper or Transferor means any calendar month in which Carrier either transports Crude Petroleum or recognizes and records a change in ownership of Crude Petroleum for the account of such Party. For purposes hereof the calendar month shall be deemed to begin at 7:00 a.m. (Central Time) on the first day of such month.

  • Billing Month is defined in Section 9.1(b).

  • Twelve-Month Period means a period of twelve consecutive months determined on a rolling basis where a new twelve month period begins on the first day of each calendar month.