Common use of Year-end Clause in Contracts

Year-end. 20.6.1 The Borrower shall procure that the end of each Financial Year of each member of the Group falls on 31 December. 20.6.2 The Borrower shall procure that each quarterly accounting period and each Financial Quarter of each member of the Group ends on a Quarter Date.

Appears in 3 contracts

Sources: Term Facility Agreement (Enstar Group LTD), Term Facility Agreement (Enstar Group LTD), Term Facility Agreement (Enstar Group LTD)

Year-end. 20.6.1 The Borrower shall procure that the end of that: (i) each Financial Year Year-end of each member of the Group falls on 31 December.December 31; and 20.6.2 The Borrower shall procure that (ii) each quarterly accounting period and each Financial Accounting Quarter of each member of the Group ends on a Quarter Date.

Appears in 3 contracts

Sources: Revolving Loan Facility Credit Agreement (Central European Media Enterprises LTD), Revolving Loan Facility Credit Agreement (CME Media Enterprises B.V.), Term Loan Facility Credit Agreement (CME Media Enterprises B.V.)

Year-end. 20.6.1 21.6.1 The Borrower shall procure that the end of each Financial Year Year-end of each member of the Group falls on 31 December. 20.6.2 21.6.2 The Borrower shall procure that each quarterly accounting period and each Financial Quarter of each member of the Group ends on a Financial Quarter DateDay.

Appears in 3 contracts

Sources: Facilities Agreement (International Shipping Enterprises, Inc.), Facilities Agreement (Navios Maritime Holdings Inc.), Facilities Agreement (International Shipping Enterprises, Inc.)

Year-end. 20.6.1 The Borrower shall procure that the end of that: (i) each Financial Year Year-end of each member of the Group falls on 31 December.December 31; and 20.6.2 The Borrower shall procure that (ii) each quarterly accounting period and each Financial Accounting Quarter of each member of the Group ends on a Quarter Date.

Appears in 2 contracts

Sources: Revolving Loan Facility Credit Agreement (Central European Media Enterprises LTD), Revolving Loan Facility Credit Agreement (Central European Media Enterprises LTD)

Year-end. 20.6.1 The Borrower shall procure that the end of that: (a) each Financial Year Year-end of each member of the Group falls on 31 December.; and 20.6.2 The Borrower shall procure that (b) each quarterly accounting period and each Financial Accounting Quarter of each member of the Group ends on a Quarter Date.

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Central European Media Enterprises LTD)

Year-end. 20.6.1 21.6.1 The Borrower shall procure that the end of each Financial Year of each member of the Group falls on 31 December. 20.6.2 21.6.2 The Borrower shall procure that each quarterly accounting period and each Financial Quarter of each member of the Group ends on a Quarter Date.

Appears in 1 contract

Sources: Term Facility Agreement (Enstar Group LTD)

Year-end. 20.6.1 21.7.1 The Borrower Parent shall procure that the end of each Financial Year of each member of the Group falls on 31 December. 20.6.2 21.7.2 The Borrower Parent shall procure that each quarterly accounting period and each Financial Quarter of each member of the Group ends on a Quarter Date.

Appears in 1 contract

Sources: Revolving Credit Facility Agreement (Enstar Group LTD)

Year-end. 20.6.1 (a) The Borrower shall procure that the end of each Financial Year of each member of the Group falls on 31 December. 20.6.2 (b) The Borrower shall procure that each quarterly accounting period and each Financial Quarter of each member of the Group ends on a Quarter Date.

Appears in 1 contract

Sources: Term Facility Agreement (Enstar Group LTD)