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

• For the avoidance of doubt, Portfolio Investments that are part of the Collateral but not included in the Borrowing Base as of the most recent Testing Period shall not be subject to testing under this Section 5.12(b)(ii)(F); provided that this sentence shall not limit the rights of the Administrative Agent set forth in Section 9.03(a)(iii) to be reimbursed for costs and expenses incurred by the Administrative Agent following the occurrence and during the continuance of an Event of Default.

• If City notifies Contractor after the Acceptance Testing Period that the Licensed Software does not meet the Acceptance criteria of this section, then City shall be entitled to terminate this License in accordance with the procedures specified in Section 30(b) herein, and shall be entitled to a full refund of the license fee.

• The Permitted Variance with respect to each Testing Period shall be determined and certified to the Bond Trustee by the Debtor not later than the 5th day immediately following each such Testing Period.

• A “Permitted Variance” shall mean, for any Testing Period (as defined inthis paragraph), (i) any favorable variance, (ii) an unfavorable variance of not more than the greater of ten (10%) percent with respect to any disbursement line item in the Cash Collateral Budget or five (5%) percent in aggregate disbursements.

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.”

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), 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 of the Borrower then last ended which are so indicated in such provision.

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 means the period within which the Acceptance Tests shall be carried out, as specified in sub-Clause 6.1;