Monthly Average Clause Samples
Monthly Average. The arithmetic average of the values of all representative samples collected over a calendar month for an individual pollutant.
Related to Monthly Average
Settlement Averaging Period For any Option and regardless of the Settlement Method applicable to such Option:
Monthly Management Fee Payment On the first business day of each month, each class of each Fund shall pay the management fee to the Investment Manager for the previous month. The fee for the previous month shall be the sum of the Daily Management Fee Calculations for each calendar day in the previous month.
Determination Date The Business Day immediately preceding the related Remittance Date.
Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.
Monthly Base Rent With respect to any Payment Date and any Lease Vehicle (other than a Lease Vehicle with respect to which the Disposition Date occurred during such Related Month), the “Monthly Base Rent” with respect to such Lease Vehicle for such Payment Date shall equal the pro rata portion (based upon the number of days in the Related Month with respect to such Payment Date that were included in the Vehicle Term for such Lease Vehicle) of the Depreciation Charge for such Lease Vehicle as of the last day of such Related Month calculated on a 30/360 day basis.