Testing Period definition

Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

Testing Period means a single period consisting of the four consecutive fiscal quarters of the Company then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

Testing Period has the meaning assigned to such term in Section 5.12(b)(ii)(E)(x).

Examples of Testing Period in a sentence

• The Company shall ensure that, on any Test Date (in respect of the Testing Period ending on such Test Date), the Proportionate Net Leverage Ratio as set out in the relevant Compliance Certificate shall not exceed the ratio set out in the table below opposite the applicable Testing Period (the "Financial Covenant").

• The Administrative Agent agrees to notify the Borrower of the Unquoted Investments to be tested by the Administrative Agent in each Testing Period.

• The Testing Period shall not be required to coincide with the timing of any valuations conducted by the Investment Adviser or the board of trustees of the Borrower pursuant to Section 5.12(b)(ii)(B).

• If the Client does not notify Bodhi Resourcing in writing of any deficiencies to the Deliverable within the Testing Period, then the Deliverable will automatically be deemed accepted by the Client.

• The Client shall then have an additional Testing Period (of the same duration as the initial Testing Period) to evaluate and test the Deliverable as modified by Bodhi Resourcing.

More Definitions of Testing Period

Testing Period. An ISO approved period of time during which a Generator is testing equipment and during which unstable operation prevents the unit from accurately following its base points. Third Party Transmission Wheeling Agreements ("Third Party TWAs"): A Transmission Wheeling Agreement, as amended, between Transmission Owners or between a Transmission Owner and an entity that is not a Transmission Owner. Third Party TWAs are associated with the purchase (or sale) of Energy, Capacity, and/or Ancillary Services for the benefit of an entity that is not a Transmission Owner. All Third Party TWAs are listed in Table 1 A of Attachment L to the ISO OATT, and are designated in the “Treatment “column of Table 1A, as “Third Party TWA.” Total Transfer Capability ("TTC"): The amount of electric power that can be transferred over the interconnected transmission network in a reliable manner.

Testing Period means the period beginning

Testing Period means any period of four consecutive Fiscal Quarters (whether or not such quarters are all within the same Fiscal Year).

Testing Period means for any determination a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year).

Testing Period shall have the meaning set forth in Section 4.2.3.

Testing Period has the meaning set forth in Section 9.1.

Testing Period is defined in Section 4.3.