Applicable Measuring Period definition

Applicable Measuring Period means the period of four consecutive fiscal quarters ending on the applicable date of determination.

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Applicable Measuring Period means, (i) with respect to the fiscal quarters ending June 30, 2012, September 30, 2012 and December 31, 2012, the period commencing on April 1, 2012, and ending on such date of determination, and (ii) with respect to the fiscal quarter ending March 31, 2013, and each fiscal quarter ending thereafter, the four fiscal quarter period then ending.

Applicable Measuring Period means (a) for any date of determination ending prior to December 31, 2014, the period beginning January 1, 2014 and ending on such date and (b) for any date of determination ending on or after December 31, 2014, the twelve preceding months then ending.

Examples of Applicable Measuring Period in a sentence

Thereafter, all margins and fee percentages shall be based upon MGI’s quarterly consolidated financial statements and quarterly Covenant Compliance Reports (for the Applicable Measuring Period ending on the last day of the applicable fiscal quarter), subject to recalculation as provided in Section 9.4(a) above.
As of the last day of each quarter, commencing with the quarter ending June 30, 2009, the Seller’s Net Income for the Applicable Measuring Period then ended, shall not be less than $1.
For purposes of any Applicable Measuring Period in which a month occurs as to which the Seller exercised a cure right under this Section 16.18(e), the Contribution Amount shall be reflected in the determination of the Seller’s Net Income for such month.
For purposes of any Applicable Measuring Period in which a quarter occurs as to which the Seller exercised a cure right under this clause (e), the Contribution Amount shall be reflected in the determination of the Seller’s Net Income for such quarter.
Maintain a Net Income of not less than One Dollar ($1) for each Applicable Measuring Period ending as of the applicable date of determination, commencing with the period ending as of June 30, 2018.

More Definitions of Applicable Measuring Period

Applicable Measuring Period means the period of four consecutive fiscal quarters ending on the applicable date of determination, for Sterling, TSC, OMC and the Target as if they had combined operations as of January 1, 2007.

Applicable Measuring Period means the period of four consecutive fiscal quarters ending on the applicable date of determination. For purposes of calculating the Consolidated Fixed Charge Coverage Ratio as of December 31, 2021, March 31, 2022, and June 30, 2022, the Consolidated Fixed Charge Coverage Ratio shall be based on the three, six and nine month periods, respectively, then ended.

Applicable Measuring Period set forth in Section 1 of the Agreement is amended to read as follows:

Applicable Measuring Period means, as of any date of determination, the preceding six month period ended on such date.

Applicable Measuring Period means (a) as used in the definition of “Consolidated Fixed Charge Coverage Ratio”, (i) through and including the fiscal quarter ending December 31, 2010, the period of time commencing on January 1, 2010 through and including the last day of the applicable fiscal quarter, and (ii) thereafter, the period of four consecutive fiscal quarters ending on the last day of the applicable fiscal quarter, and (b) for purposes of calculating the minimum Consolidated Net Income under Section 7.9(c), the period of time commencing on the first day of the fiscal year in which such fiscal quarter occurs, through and including the last day of the applicable fiscal quarter.

Applicable Measuring Period means as of any date of determination which is (i) on or prior to December 31, 2002, the period beginning January 1, 2002 and ending on such date, and (ii) after December 31, 2002, the four quarter period ending on such date."

Applicable Measuring Period means (a) with respect to Option A set forth in Sections 6.3, 6.4 and 6.16 hereof, for the fiscal quarter ending October 31, 1998, the nine month period beginning February 1, 1998 and ending October 31, 1998, and for each fiscal quarter thereafter, the four preceding fiscal quarters, (b) with respect to Option B set forth in Sections 6.3, 6.4 and 6.16 hereof, for the fiscal quarter ending (i) October 31, 1998, the nine month period beginning February 1, 1998 and ending October 31, 1998, (ii) December 31, 1998, the eleven month period beginning February 1, 1998 and ending December 31, 1998, (iii) March 31, 1999, the three month period beginning January 1, 1999 and ending March 31, 1999, (iv) June 30, 1999, the six month period beginning January 1, 1999 and ending June 30, 1999, (v) September 30, 1999, the nine month period beginning January 1, 1999 and ending September 30, 1999 and (vi) December 31, 1999 and each fiscal quarter thereafter, the four preceding fiscal quarters, and (c) with respect to Option B, for purposes of calculating the Funded Debt to EBITDA Ratio to determine the Applicable Margin and the Applicable Commitment Fee Percentage pursuant to Section 2.11 hereof and Schedule 2.11 hereto, for the fiscal quarter ending December 31, 1998, the eleven month period beginning February 1, 1998 and ending December 31, 1998 and for each fiscal quarter thereafter, the four preceding fiscal quarters."