Reference point. 3.1. For the purposes of this annex, the reference point is the point at which the field strength shall be established and shall be defined as follows:
Reference point Sample Clauses
Related to Reference point
Reference Period As of any date of determination, the period of four (4) consecutive fiscal quarters of the Borrower and its Subsidiaries ending on such date, or if such date is not a fiscal quarter end date, the period of four (4) consecutive fiscal quarters most recently ended (in each case treated as a single accounting period).
REFERENCE TABLE TIA Section Indenture Section ----------- ----------------- 310(a)(1)..................................................... 6.10 (a)(2)..................................................... 6.10 (a)(3)..................................................... N.A. (a)(4)..................................................... N.A. (a)(5)..................................................... 6.08 (b)........................................................ 6.08; 6.10 (c)........................................................ N.A. 311(a)........................................................ 6.11 (b)........................................................ 6.11 (c)........................................................ N.A. 312(a)........................................................ 2.05 (b)........................................................ 10.03 (c)........................................................ 10.03 313(a)........................................................ 6.06 (b)(1)..................................................... N.A. (b)(2)..................................................... 6.06 (c)........................................................ 6.06; 10.02 (d)........................................................ 6.06 314(a)........................................................ 3.02; 3.03; 10.02 (b)........................................................ N.A. (c)(1)..................................................... 10.04 (c)(2)..................................................... 10.04 (c)(3)..................................................... N.A. (d)........................................................ N.A. (e)........................................................ 10.05 (f)........................................................ N.A. 315(a)........................................................ 6.01(b) (b)........................................................ 6.05; 10.02 (c)........................................................ 6.01(a) (d)........................................................ 6.01(c) (e)........................................................ 5.11 316(a)(last sentence)......................................... 10.06 (a)(1)(A).................................................. 5.05 (a)(1)(B).................................................. 5.02; 5.04; 8.02 (a)(2)..................................................... N.A. (b)........................................................ 5.07 317(a)(1)..................................................... 5.08 (a)(2)..................................................... 5.09 (b)........................................................ 2.04 318(a)........................................................ 10.01 --------------------------
Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.
Consolidated EBITDA With respect to any period, an amount equal to the EBITDA of Borrower and its Subsidiaries for such period determined on a Consolidated basis.
Annual Percentage Rate Each Receivable has an APR of not more than 25.00%.
Measurement Period (b) In this Agreement, unless the contrary intention appears, a reference to:
LIBOR Business Day Any day on which commercial banks are open for international business (including dealings in Dollar deposits) in London, England. LIBOR Lending Office. Initially, the office of each Lender designated as such on Schedule 1.1 hereto; thereafter, such other office of such Lender, if any, that shall be making or maintaining LIBOR Rate Loans.
Fixed Charge Ratio Maintain a Fixed Charge Ratio as determined as of each Calculation Date of not less than 1.50:1. The Fixed Charge Ratio covenant shall be tested by the Administrative Agent as of each Calculation Date with results based upon the results for the most recent Calculation Period, such calculation and results to be verified by the Administrative Agent.
Total Net Leverage Ratio Maintain as of the end of each fiscal quarter, a Total Net Leverage Ratio for Quantum and its Subsidiaries, on a consolidated basis, of not greater than the ratio set forth below for each four (4) consecutive fiscal quarter period then ended set forth below: Fiscal Quarter Ending Maximum Total Net Leverage Ratio September 30, 2021 4.25:1.00 December 31, 2021 4.25:1.00 March 31, 2022 Not Tested June 30, 2022 3.50:1.00 September 30, 2022 3.50:1.00 December 31, 2022 3.50:1.00 March 31, 2023 3.50:1.00 June 30, 2023 3.00:1.00 September 30, 2023 3.00:1.00 December 31, 2023 3.00:1.00 March 31, 2024 3.00:1.00 June 30, 2024 3.00:1.00 September 30, 2024 3.00:1.00 December 31, 2024 3.00:1.00 March 31, 2025 3.00:1.00 June 30, 2025 3.00:1.00 December 31, 2025 and each fiscal quarter ending thereafter 3.00:1.00”
Measurement Should the State terminate this contract as herein provided, no fees other than fees due and payable at the time of termination shall thereafter be paid to the Engineer. In determining the value of the work performed by the Engineer prior to termination, the State shall be the sole judge. Compensation for work at termination will be based on a percentage of the work completed at that time. Should the State terminate this contract under paragraph (4) or (5) above, the Engineer shall not incur costs during the thirty-day notice period in excess of the amount incurred during the preceding thirty days.
