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).
Test Period means, at any date of determination, the period of four consecutive fiscal quarters of the Borrower then last ended as of such time for which financial statements have been delivered pursuant to Section 5.01(a) or (b); provided that for any date of determination before the delivery of the first financial statements pursuant to Section 5.01(a) or (b), the Test Period shall be the period of four consecutive fiscal quarters of the Borrower then last ended as of such time.
Test Period means, for any date of determination under this Agreement, the latest four consecutive fiscal quarters of the Borrower for which financial statements have been delivered to the Administrative Agent on or prior to the Closing Date and/or for which financial statements are required to be delivered pursuant to Section 6.01, as applicable.
Examples of Test Period in a sentence
For any Test Period, with respect to any Person, EBITDA plus, without duplication, any Rent deducted as an expense in arriving at consolidated net income of such Person, in each case as determined in accordance with GAAP, consistently applied.
If during the Acceptance Test Period Customer notifies Keyloop that the Keyloop Custom Software has failed the Acceptance Test, the expiry date of the Acceptance Test Period shall be automatically extended by such number of days as shall be reasonably sufficient to enable Keyloop to adjust the Keyloop Custom Software.
More Definitions of Test Period
Test Period means, for any determination under this Agreement, the four consecutive fiscal quarters of the Borrower then last ended.
Test Period means the most recent period of four consecutive fiscal quarters of the Company ended on or prior to such time (taken as one accounting period) in respect of which financial statements for each quarter or fiscal year in such period have been (or were required to be) delivered pursuant to Section 5.01(a) or 5.01(b), as applicable.
Test Period means, at any date of determination, the period of four consecutive fiscal quarters of the Company then last ended.
Test Period means, for any determination under this Agreement, the four consecutive fiscal quarters of the Borrower most recently ended on or prior to such date of determination and for which Section 9.1 Financials shall have been delivered (or were required to be delivered) to the Administrative Agent (or, before the first delivery of Section 9.1 Financials, the most recent period of four fiscal quarters at the end of which financial statements are available).
Test Period means a period of four consecutive Fiscal Quarters.
Test Period means, at any time, subject to Section 1.06, the four consecutive fiscal quarters of Holdings then last ended (in each case taken as one accounting period) for which financial statements have been or were required to be delivered pursuant to Section 5.01(a) or (b).
Test Period means the period of four consecutive Fiscal Quarters most recently ended for which financial statements of the Borrower are available.