Trailing Four Quarter Period definition

Trailing Four Quarter Period means the four quarter period ending on the last day of the calendar quarter in which the first anniversary of the Public Market Event occurs and, thereafter, the four quarter period ending on the last day of each subsequent calendar quarter; and

Trailing Four Quarter Period means with respect to a date, (i) if such date is between the date hereof and June 30, 2006 inclusive, the second calendar quarter of 2006, (ii) if such date is between July 1, 2006 and September 30, 2006 inclusive, the second and third calendar quarters of 2006, (iii) if such date is between October 1, 2006 and December 31, 2006 inclusive, the second, third and fourth calendar quarters of 2006, and (iv) on or after January 1, 2007, the period of four consecutive full fiscal quarters of the Guarantor and its Consolidated Subsidiaries ended on such date. Any amount measured with respect to a Trailing Four Quarter Period that is less than one year, shall be annualized by multiplying such amount by a fraction, the numerator of which is four and the denominator of which is the number of calendar quarters in such Trailing Four Quarter Period.

Trailing Four Quarter Period means with respect to a date, the period of four consecutive Quarters ended on such date or the end of the Quarter most immediately preceding such date. Fixed Charge Coverage Ratio: 1.10x Leverage Ratio: 10x Net Worth: $150,000,000 Fixed Charge Coverage Ratio: 1.05x Arlington Plaza 0000 X Xxxx Xxxx Xxxx Arlington TX Xxxxx House 0000 Xxxx Xxxxxxx Xxxxxx Xxxxxx XX Blue Water Lodge 0000 Xxxxxxxxx Xxxx Xxxx Xxxxxxx XX Xxxxxxxxxx Xxxxxxx 00000 Xxxxxxx Xxxx Ballwin MO Chateau Ridgeland 000 X Xxxx Xxxxxxx Xxxx Xxxxxxxxx XX Xxxxxx Xxxxxx 0000 Xxxxxxx Xxxx Xxxxxxxxxxx XX Colonial Harbor 0000 Xx. Xxxxxx Xxxx. Xxxxxxxx XX Country Squire 0000 Xxxxxxxxxx Xxxxxx Xx. Xxxxxx XX Courtyard at Lakewood 0000 X 00xx Xxxxxx Xxxxxxxx XX Desoto Beach Club 0000 Xxxxxx Xx. Xxxxxxxx XX El Dorado 000 X Xxxxxxx Xxxx Xxxxxxxxxx XX Essex House 00 X. 00xx Xx. Xxxxxxx XX Xxxxxxx Point 720 Xxxxx Xx. Greece NY Grasslands Estates 00000 X. 00xx Xx. X Xxxxxxx XX Greeley Place 0000 0xx Xxxxxx Xxxxxxx XX Grizzly Peak 0000 Xxxxxxxx Xxx Xxxxxxxx XX Xxxxxxx Oaks 0000 Xxxxxxxx Xxxxxx Paducah KY Maple Downs 0000 Xxxxxxx Xx. X. Xxxxxxxxxxxx XX Parkwood Estates 0000 Xxxxx Xxxxx Xxxxxx Fort Xxxxxxx CO Pioneer Valley Lodge 0000 X 000 X Xxxxx Xxxxx XX Regency Residence 0000 Xxxxxxx Xxxxxxxxx Xxxx Xxxxxx XX Simi Hills 000 Xxxxxx Xxxxxx Xxxx Xxxx Xxxxxx XX Stoneybrook Lodge 0000 XX Xxxxxxxxx Xxxxxx Xxxxxxxxx XX Xxxxxxxxxxx Xxxxxxx 0000 Xxxxx Xxxx Shreveport LA Ventura Place 0000 00xx Xxxxxx Xxxxxxx XX

Examples of Trailing Four Quarter Period in a sentence

• Maintain, as of each fiscal quarter-end, a ratio of its Funded Debt as of such date to its Cash Flow for the Trailing Four Quarter Period of no greater than (a) 3.00 to 1.00 for the fiscal quarter ending September 30, 2005 and December 31, 2005, and (b) 2.50 to 1.00 for March 31, 2006 and each fiscal quarter end thereafter.

• Maintain, as of each fiscal quarter-end, a ratio of its Funded Debt as of such date to its Cash Flow for the Trailing Four Quarter Period of no greater than (a) 3.40 to 1.00 for the fiscal quarter ending June 30, 2004, (b) 3.00 to 1.00 for the fiscal quarter ending September 30, 2004, and (c) 2.50 to 1.00 for each fiscal quarter end thereafter.

• The portion of the Incentive Fee based on income will be paid on a quarterly basis during each of the Pre-Offering Period, the Transition Period and the Trailing Four Quarter Period and will be reduced for each quarter in a period (other than the first quarter of each period) by the amount of the Incentive Fee based on income paid in respect of each earlier quarter in the respective period.

• Acquisition(s) that exceed $5,000,000 in any fiscal year may be made by Borrower only with the prior written approval of Lender by submitting to Lender such information concerning such acquisitions as Lender may request including, without limitation, a pro-forma income statement and balance sheet of the combined entities for the immediately Trailing Four Quarter Period based on actual results, along with a pro-forma income statement and balance sheet of the Prospective Four Quarter Period.

• The portion of the Incentive Fee based on income will be paid on a quarterly basis during each Trailing Four Quarter Period and will be reduced for each quarter in a period (other than the first quarter of each period) by the amount of the Incentive Fee based on income paid in respect of each earlier quarter in the respective period.

More Definitions of Trailing Four Quarter Period

Trailing Four Quarter Period means, with respect to the applicable date of determination, the most recent period of four consecutive full fiscal quarters of Guarantor and its Consolidated Subsidiaries ending on or prior to such date.

Trailing Four Quarter Period means the four full fiscal quarters most recently ended prior to such time of determination for which internal financial statements are available.

Trailing Four Quarter Period means the four quarter period ending on the last day of each subsequent calendar quarter.

Trailing Four Quarter Period means the period of four consecutive full fiscal quarters of the Parent and its Consolidated Subsidiaries ended on such date (or, in the case of any such date which is earlier than December 31, 2003, for the period from January 1, 2003 to and including such date multiplied by a fraction the numerator of which is 365 and denominator of which is the number of days in such period).

Trailing Four Quarter Period in Article 1 of the Guaranty is hereby deleted in its entirety and replaced with the following:

Trailing Four Quarter Period means, as of any date, the four fiscal quarter period immediately preceding such date.

Trailing Four Quarter Period means with respect to a date, the period of four consecutive Quarters ended on such date or the end of the Quarter most immediately preceding such date. Sabra Health Care Holdings III, LLC Sabra Texas Holdings, L.P. Sabra Health Care Xxxxxxxx XX, LLC Xxxxx Health Care Northeast, LLC Net Worth: $150 million Fixed Charge Coverage Ratio: 1.10x Leverage Ratio: 10x