XXXX Measurement Period definition

XXXX Measurement Period means, in any Contract Year, the following periods of three calendar months each: (i) the period beginning on the first day of the first calendar month of such Contract Year and extending through the last day of the third calendar month of such Contract Year; (ii) the period beginning on the first day of the fourth calendar month of such Contract Year and extending through the last day of the sixth calendar month of such Contract Year; (iii) the period beginning on the first day of the seventh calendar month of such Contract Year and extending through the last day of the ninth calendar month of such Contract Year; and (iv) the period beginning on the first day of the tenth calendar month of such Contract Year and extending through the last day of the twelfth calendar month of such Contract Year.
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XXXX Measurement Period means, in any contract year, the following periods of three calendar months each: (i) the period beginning on the first Day of the first calendar month of the contract year; (ii) the period beginning on the first Day of the fourth calendar month of the contract year and extending through the last Day of the sixth calendar month of the contract year; (iii) the period beginning on the first Day of the seventh calendar month of the contract year and extending through the last Day of the ninth calendar month of the contract year; and (iv) the period beginning on the first Day of the tenth calendar month of the contract year and extending through the last Day of the twelfth calendar month of the contract year.
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Examples of XXXX Measurement Period in a sentence

  • The Selected RTE Test is the RTE Test that came closest to satisfying the RTE Performance Metric during the XXXX Measurement Period in question.

  • If the XXXX is in the Lowest XXXX Capacity Bandwidth for any two XXXX Measurement Periods during a 12-month period, an 18-month cure period (the "XXXX Capacity Cure Period") will commence on the Day following the close of the second such XXXX Measurement Period.

  • For each XXXX Measurement Period following the Commercial Operations Date, the XXXX shall maintain a XXXX Annual Equivalent Forced Outage Factor of not more than 4% (the "XXXX EFOF Performance Metric") as calculated as set forth in Attachment Y (XXXX Annual Equivalent Forced Outage Factor).

  • For each XXXX Measurement Period following the Commercial Operations Date, a XXXX Annual Equivalent Availability Factor shall be calculated as set forth in Attachment X (XXXX Annual Equivalent Availability Factor).

  • Each Party agrees and acknowledges that (i) the damages that Company would incur if the Seller fails to achieve the XXXX EAF Performance Metric for a XXXX Measurement Period would be difficult or impossible to calculate with certainty and (ii) the aforesaid liquidated damages are an appropriate approximation of such damages.

  • To the extent the Commercial Operations Date occurs on a date other than the first day of a XXXX Measurement Period, the period between the Commercial Operations Date and the first day of the next XXXX Measurement Period if any, shall be ignored for purposes of this XXXX Availability Test.

  • For avoidance of doubt, it is the intent of the Parties that disagreements over performance ratio data and calculations for a given calendar month or a given XXXX Measurement Period shall (i) not be subject to resolution twice and (ii) once resolved, shall not be reopened.

  • If the RTE Ratio for the Selected RTE Test for the XXXX Measurement Period in question is more than 15 percentage points below the RTE Performance Metric for any two XXXX Measurement Periods during a 12-month period, an 18-month cure period (the "RTE Cure Period") will commence on the Day following the close of the second such XXXX Measurement Period.

  • For each XXXX Measurement Period following the Commercial Operations Date, the XXXX shall be required to complete a XXXX Capacity Test, as more fully set forth in Attachment W (XXXX Tests) to this Agreement.

  • Except for the XXXX Capacity Test conducted prior to Commercial Operations, Seller shall, in lieu of conducting a XXXX Capacity Test, be permitted to demonstrate satisfaction of the XXXX Capacity Performance Metric by reference to the operational data reflecting the net output of the XXXX from the Point of Interconnection for such XXXX Measurement Period.

Related to XXXX Measurement Period

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Measurement Period shall have the meaning specified in Section 14.01(b)(i).

  • Baseline Period means the period used to determine the baseline emission rate for each regulated pollutant under OAR 340 division 222.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • SONIA Compounded IndexStart means, with respect to an Interest Accrual Period, the SONIA Compounded Index determined in relation to the day falling the Relevant Number of London Banking Days prior to the first day of such Interest Accrual Period; and

  • Adjustment Period means the period from the Effective Date up to and including the Expiry Time;

  • Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.

  • 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.

  • Quarterly Average Excess Availability means, at any time, the daily average of the Excess Availability for the immediately preceding fiscal quarter as calculated by Agent in good faith.

  • Program Period means the period of time which the department intends to support the program without requiring the recompetition for funds. The program period is specified within the grant application.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • SONIA Compounded IndexEnd means the SONIA Compounded Index Value on the date falling “p” London Business Days prior to (i) in respect of an Interest Accrual Period, the Interest Payment Date for such Interest Accrual Period, or (ii) if the Notes become due and payable prior to the end of an Interest Accrual Period, the date on which the Notes become so due and payable; and

  • Adjusted Total turnover means the turnover in a State or a Union territory, as defined under sub-section (112) of section 2, excluding the value of exempt supplies other than zero-rated supplies, during the relevant period;

  • Minimum Level (ML means the concentration at which the entire analytical system must give a recognizable signal and an acceptable calibration point. The ML is the concentration in a sample that is equivalent to the concentration of the lowest calibration standard analyzed by a specific analytical procedure, assuming that all the method-specified sample weights, volumes and processing steps have been followed.

  • SONIA Compounded Index means the index known as the SONIA Compounded Index administered by the Bank of England (or any successor administrator thereof);

  • SOFR Compounded Index means the Compounded SOFR rate as published at 15:00 (New York time) by Federal Reserve Bank of New York (or a successor administrator of SOFR) on the website of the Federal Reserve Bank of New York, or any successor source; and

  • Measurement means metered volumes at a custody transfer meter through a turbine, Coriolis, or such other meter.

  • Working level month (WLM) means an exposure to 1 working level for 170 hours (2,000 working hours per year divided by 12 months per year is approximately equal to 170 hours per month).

  • Settlement Period has the meaning specified therefor in Section 2.02(d)(i) hereof.

  • Development Period means the period from the date of this Agreement until the Appointed Date;

  • MCE Valuation Period means, subject to any extension (as described in further detail in the Conditions), the period commencing from and including the moment upon which the Mandatory Call Event occurs and up to the end of the following trading session on the Index Exchange; and

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • Marketing Period means fifteen (15) consecutive Business Days after the date on which both the Required Marigold Vote and Required Montage Vote have been received (a) commencing on the date Montage shall have received the Required Financial Information, all of which is Compliant, provided, that, if Marigold shall in good faith reasonably believe it has provided the Required Financial Information, it may deliver to Montage a written notice to that effect (stating when it believes it has completed such delivery), in which case Marigold shall be deemed to have complied with its obligation to provide the Required Financial Information on the date of delivery of such notice, unless Montage in good faith reasonably believes Marigold has not completed the delivery of the Required Financial Information and within three (3) Business Days after the delivery of such notice by Marigold, delivers a written notice to Marigold to that effect (stating with specificity which Required Financial Information Marigold has not delivered), and (b) throughout which nothing has occurred and no condition exists that would cause any of the conditions set forth in Section 7.1 and Section 7.2 to fail to be satisfied, assuming the Closing were to be scheduled for any time during such fifteen (15) Business Day period; provided, however, that (i) the Marketing Period shall end on any earlier date on which the Transaction Financing is consummated and Montage shall have obtained all of the proceeds contemplated thereby, (ii) the Marketing Period shall not be deemed to have commenced if, prior to the completion of such fifteen (15) Business Day period, (A) Deloitte & Touche LLP shall have withdrawn its audit opinion with respect to any year end audited financial statements set forth in the Required Financial Information, in which case the Marketing Period shall be deemed not to commence unless and until a new unqualified audit opinion is issued with respect to such year end audited financial statements by Deloitte & Touche LLP or another independent registered accounting firm reasonably acceptable to Montage, (B) Marigold shall have publicly announced, or the Marigold Board shall have determined, that a restatement of any material financial information included in the Required Financial Information is required, in which case the Marketing Period shall be deemed not to commence unless and until such restatement has been completed and the applicable Required Financial Information has been amended to reflect such restatement or Marigold has determined that no restatement shall be required or (C) the Required Financial Information is not Compliant (it being understood, for the avoidance of doubt, that if at any time during the Marketing Period the Required Financial Information provided on the first day of the Marketing Period ceases to be Compliant, then the Marketing Period shall be deemed not to have commenced) and (iii) (x) November 25, 2016 shall not be deemed to be a Business Day for purposes of calculating such fifteen (15) consecutive Business Days period and (y) such period (1) shall commence no earlier than January 4, 2016, (2) shall either have been completed prior to August 19, 2016 or shall not commence until September 7, 2016 and (3) shall either have been completed prior to December 21, 2016 or shall not commence until January 2, 2017.