ACTUAL MONTH definition
ACTUAL MONTH shall have the meaning set forth in Section 1.8(b) hereof."
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Related to ACTUAL MONTH
Fiscal Month means each calendar month.
Actual/360 means that interest is calculated on the basis of the actual number of days elapsed in a year of 360 days.
Actual Uptime means, of the Total Operation Hours, the aggregate number of hours in any month during which each equipment is actually available for use.
Actual miles means the actual distance a vehicle has traveled while in operation.
Prior Month Receipt Period With respect to each Distribution Date, the calendar month preceding the month in which such Distribution Date occurs.