Examples of Subject Quarter in a sentence
If at any time during any fiscal quarter (the “Subject Quarter”) a Covenant Trigger Event shall have occurred or be continuing, cause to be maintained a Fixed Charge Coverage Ratio of not less than 1.00 to 1.00 for the four-fiscal quarter period ending as of the last day of such Subject Quarter.
Any calculations of TFQ Gross Profit for any subsequent fiscal quarter that includes the Gross Profit for the Subject Quarter or any portion of the Subject TFQ will apply the determinations of the CPA with respect to the Gross Profit for the Subject Quarter and the portion of the Subject TFQ that is included in the TFQ Gross Profit for such subsequent fiscal quarter.
Inspire will not be obligated to accept orders for, or supply, more than *** ********* of Compound during the Subject Quarter.
In the event that the CPA reasonably determines that the TFQ Gross Profit for the Subject TFQ was less than the Target Gross Profit, (i) the parties will be bound by such determination, (ii) Payees shall be responsible for the reasonable fees and expenses charge by the CPA with respect to its review of the Subject Quarter and the Subject TFQ, and (iii) the provisions of Section 3 will apply to such Subject Quarter.
The CPA will promptly and diligently conduct its review and will provide in writing to the Seller Representative and Maker within thirty (30) days after its engagement its final determination with respect to the Gross Profit for the Subject Quarter and the Subject TFQ.
In addition, the nurse may be required to appear before the board personally and demonstrate evidence of current nursing knowledge and may be required to successfully complete an exami- nation provided by the board or by proof of regular licensed nursing practice in other states during that time period.
Kissei is obligated to purchase, and Inspire is entitled to supply, * of Finished Product during the Subject Quarter.
Santen is obligated to purchase, and Inspire is entitled to supply, *** ********* of Compound during the Subject Quarter.
The ratio of the Companies' consolidated Cash Flow Available for Debt Service, measured as of the last day of each fiscal quarter (the "SUBJECT QUARTER"), for the four fiscal quarters ending on the last day of the Subject Quarter to the Companies' consolidated Debt Service Requirements for the same four fiscal quarters shall at all times exceed 1.15 to 1.00.
In connection with the CPA’s review, Maker will permit the CPA, upon reasonable prior written notice, to have access during normal business hours to such records and finance personnel of the Lighthouse Companies (and any other records of Maker and its Subsidiaries to the extent relating to the Gross Profit determination), as may be reasonably necessary to verify Maker’s calculation of the Gross Profit hereunder for the Subject Quarter and the Subject TFQ, including their books, records and working papers.