Specified Fiscal Quarter definition

Specified Fiscal Quarter means each of the fiscal quarters of the Company ended June 30, 2020, September 30, 2020, December 31, 2020, March 31, 2021, June 30, 2021 and September 30, 2021.
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Specified Fiscal Quarter has the meaning set forth in Section 8.4(a).
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Specified Fiscal Quarter shall have the meaning assigned to such term in Section 2.06(d).
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Examples of Specified Fiscal Quarter in a sentence

  • In addition, any Indebtedness so prepaid shall be deemed to remain outstanding for purposes of determining pro forma or actual compliance with the Specified Financial Covenant or for determining any pricing, financial covenant based conditions or baskets with respect to the covenants contained in this Agreement, in each case in the Specified Fiscal Quarter or subsequent periods that include such Specified Fiscal Quarter.

  • In addition, notwithstanding any mandatory prepayment of Obligations pursuant to Section 2.06(b)(iv), any Obligations so prepaid shall be deemed to remain outstanding for purposes of determining pro forma or actual compliance with the FCCR Financial Covenant or for determining any pricing, financial covenant based conditions or baskets with respect to the covenants contained in this Agreement, in each case in the Specified Fiscal Quarter or subsequent periods that include such Specified Fiscal Quarter.

  • Any and each increase to EBITDA as a result of the provisions of this Section 8.02 for any Specified Fiscal Quarter will remain included in EBITDA for each determination of EBITDA under this Agreement that includes such Specified Fiscal Quarter.

  • The Company will give written notice to the Administrative Agent of its intent to effectuate a Cure prior to its delivery to the Administrative Agent of the Compliance Certificate as required by Section 5.01(c) for the Specified Fiscal Quarter End.

  • The Credit Parties shall cause the Consolidated Leverage Ratio, (i) as of the end of any fiscal quarter (other than, during the First Amendment Period, any Specified Fiscal Quarter), to be equal to or less than sixty percent (60%) and (ii) during the First Amendment Period, as of the end of any Specified Fiscal Quarter, to be equal to or less than sixty-five percent (65%).

  • Upon such delivery, the Borrowers shall be deemed to have satisfied the requirements of Section 7.01 and/or Section 7.02, as applicable, as of the Specified Fiscal Quarter End with the same effect as though there had been no failure to comply therewith on such date, and the applicable breach or default of any such covenant that had occurred shall be deemed cured for purposes of this Agreement and the other Loan Documents.

  • If, after giving effect to the foregoing recalculations, the Borrowers shall then be in compliance with the requirements of the Specified Covenants, as applicable, the Company shall, prior to the end of the Cure Period, deliver to the Lender a recalculated Compliance Certificate for the periods ending on the Specified Fiscal Quarter End demonstrating compliance with the Specified Covenants and certifying that there exists no other Default.

  • The Credit Parties shall cause the Consolidated Unencumbered Leverage Ratio, (i) as of the end of any fiscal quarter (other than, during the First Amendment Period, any Specified Fiscal Quarter), to be equal to or less than sixty percent (60%) and (ii) during the First Amendment Period, as of the end of any Specified Fiscal Quarter, to be equal to or less than sixty-five percent (65%).

  • Any and each increase to Consolidated EBITDAR as a result of the provisions of this Section 7.02 for any Specified Fiscal Quarter will remain included in Consolidated EBITDAR for each determination of Consolidated EBITDAR under this Agreement that includes such Specified Fiscal Quarter in accordance with the definition of Consolidated EBITDAR.

  • The Cure Amount to be included in the calculation of Consolidated EBITDA in accordance with clause (a) of this Section 8.4 shall not be greater than the lesser of (x) $20,000,000 and (y) the minimum amount required to cause the Borrower to be in compliance with the applicable covenant set forth in Section 6.14(b), (c) and (d) in the applicable Specified Fiscal Quarter.


More Definitions of Specified Fiscal Quarter

Specified Fiscal Quarter has the meaning specified in Section 6.03.
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Specified Fiscal Quarter each of the first three full fiscal quarters commencing after the Closing Date.
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Related to Specified Fiscal Quarter

  • Fiscal Quarter means a fiscal quarter of any Fiscal Year.

  • Fiscal Quarters means the period from January 1 to March 31, April 1 to June 30, July 1 to September 30 and October 1 to December 31 of the applicable year.

  • Financial Quarter means the period commencing on the day after one Quarter Date and ending on the next Quarter Date.

  • Measurement Period shall have the meaning specified in Section 14.01(b)(i).

  • Quarterly Average Excess Availability means, at any time, the daily average of the Excess Availability for the immediately preceding fiscal quarter as calculated by Agent in good faith.

  • Fiscal Month means any of the monthly accounting periods of Borrower.

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • Quarterly Valuation Date means the last Business Day of each February, May, August and November of each year commencing on the first such date next following the Date of Original Issue of a series of MTP , except with respect to delivery of Accountant’s Confirmation in which case “Quarterly Valuation Date” shall mean the last Business Day of such of the last Business Days of February, May, August and November in each year as is selected by S&P.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • quarters means any building provided or intended to be provided for a workman to live in either temporarily or permanently and includes any room or building used or intended to be used whether communally or privately for the purposes of cooking, eating, washing or bathing and any latrines and urinals;

  • Consolidated Adjusted EBITDA means, with respect to any specified Person for any period, the Consolidated Net Income of such Person for such period plus, without duplication:

  • Test Period means, on any date of determination, the period of four consecutive fiscal quarters of the Borrower then most recently ended (taken as one accounting period).

  • Forecast Period means the period of three calendar months for which a Forecast is provided;

  • Consolidated Total Leverage Ratio means, as of any date of determination, the ratio of (x) the sum of (a) Consolidated Total Indebtedness as of such date and (b) without duplication, the Reserved Indebtedness Amount as of such date to (y) LTM EBITDA.

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Quarter Date means each of 31 March, 30 June, 30 September and 31 December.

  • Transaction Date means, with respect to the Incurrence of any Indebtedness by the Company or any of its Restricted Subsidiaries, the date such Indebtedness is to be Incurred and, with respect to any Restricted Payment, the date such Restricted Payment is to be made.

  • Consolidated EBITDAX for any period means, without duplication, the Consolidated Net Income for such period, plus the following, without duplication and to the extent deducted (and not added back) in calculating such Consolidated Net Income:

  • Adjusted Leverage Ratio means, on any date of determination, the ratio of (i) Adjusted Liabilities to (ii) Tangible Net Worth.

  • Measurement Date has the meaning set forth in Section 3.3(a).

  • Reference Month means the calendar month for which the level of the Inflation Index is reported as specified in the applicable Final Terms, regardless of when this information is published or announced, except that if the period for which the Relevant Level was reported is a period other than a month, the Reference Month shall be the period for which the Relevant Level is reported.

  • Reference Period shall have the meaning assigned to such term in the definition of the term “Pro Forma Basis.”

  • Average Excess Availability means, with respect to any period, the sum of the aggregate amount of Excess Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Pro Forma Adjusted EBITDA shall have the meaning assigned to such term in Section 3.05(a).

  • EBITDAX means, for any period, the sum of Consolidated Net Income for such period plus the following expenses or charges to the extent deducted from Consolidated Net Income in such period: interest, income taxes, depreciation, depletion, amortization, exploration expenses and other similar noncash charges, minus all noncash income added to Consolidated Net Income.

  • Prior Month Receipt Period With respect to each Distribution Date, the calendar month preceding the month in which such Distribution Date occurs.