Statistical Month definition

Statistical Month means each of the periods created by dividing the ----------------- calendar year into twelve consecutive periods of 21 Servicer Business Days each.]
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Statistical Month means each of the periods created by dividing the calendar year into twelve consecutive periods of 21 Servicer Business Days each.]
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Statistical Month has the meaning specified in Section 3.04(p), or, absent the identification referred to in such Section, a calendar month.
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Examples of Statistical Month in a sentence

  • Prior to the commencement of each calendar year, the Servicer shall identify to the Trustee in writing each four to five week period approximating one month (corresponding to the "statistical months" used by the Servicer) for such calendar year, provided the last day of the last such period in any calendar year shall be December 31 (each such period being a "Statistical Month").

Related to Statistical Month

  • Statistical Cutoff Date means February 28, 2010.

  • Statistical Release means the statistical release designated “H.15(519)” or any successor publication which is published weekly by the Federal Reserve and which reports yields on actively traded United States government securities adjusted to constant maturities or, if such statistical release is not published at the time of any determination under the Indenture, then such other reasonably comparable index which shall be designated by the Company.

  • Metropolitan statistical area means any of the metropolitan statistical areas as defined from time to time by the United States Office of Management and Budget.

  • Monthly Average 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. For Fecal Coliform Bacteria (FCB) or E-Coli, report the monthly average.

  • Determination Date With respect to any Distribution Date, the 15th day of the calendar month in which such Distribution Date occurs or, if such 15th day is not a Business Day, the Business Day immediately preceding such 15th day.

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

  • Monthly Reporting Period The period, which period the Administrator has the right to change as provided in Section 3.05(d) of this Agreement, during which servicers report Mortgage payments to the Administrator, generally consisting of:

  • Monthly Reporting Date means the 25th day of each month after the date of this Agreement (or if any such day is not a Business Day, the next succeeding Business Day thereafter).

  • ii) Trigger Date shall have the meaning set forth in Section 11(a)(iii) hereof.

  • Weekly Reporting Period means any period (a) during which any Default or any Event of Default has occurred and is continuing, or (b) that constitutes a Minimum Availability Period; provided that if the circumstances described in clause (a) or (b), as applicable, shall occur and cease to exist twice during any calendar year, then any subsequent Weekly Reporting Period occurring during such calendar year shall continue through the end of such calendar year.

  • OBFR Index Cessation Date means, in respect of an OBFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the OBFR), ceases to publish the OBFR, or the date as of which the OBFR may no longer be used.

  • Federal Fiscal Year means the period beginning October 1 and ending September 30 each year, which is the annual accounting period for the United States government.

  • Evaluation Date shall have the meaning ascribed to such term in Section 3.1(s).

  • Week means seven consecutive days.

  • Index Provider means, in respect of a Sub-Fund, the person responsible for compiling the Index against which the relevant Sub-Fund benchmarks its investments and who holds the right to licence the use of such Index to the relevant Sub-Fund as set out in the relevant Appendix.

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

  • Reporting Service means Bloomberg LP or if that service is not then reporting the relevant information regarding the Common Stock, a comparable reporting service of national reputation selected by a Majority in Interest of the Holders and reasonably acceptable to the Company.

  • Reporting Day means the day (if any) specified as such in the Reference Rate Terms.

  • Reporting Date means the 7th day of each Month following the Month to which the relevant Management Information relates, or such other date as may be agreed between the Parties;

  • Latest Level means the latest level of the Index (excluding any flash estimates) published or announced by Eurostat (or any successor entity which publishes such index) prior to the month in respect of which the Substitute Index Level is being calculated; and

  • National Cost of Funds Index The National Monthly Median Cost of Funds Ratio to SAIF-Insured Institutions published by the Office of Thrift Supervision.

  • Calculation Date means each day on which the Reference Price is published by the Index Sponsor or the Index Calculation Agent, as the case may be.

  • Evaluation Day shall have the meaning set forth in Section 2.3.1(b).

  • SOFR Index Cessation Date means, in respect of a SOFR Index Cessation Event, the date on which the FRBNY (or any successor administrator of the SOFR), ceases to publish the SOFR, or the date as of which the SOFR may no longer be used.