Calculation Month definition

Calculation Month means the calendar month immediately preceding the Proration Month.
Calculation Month means the month immediately following the month in which the member completes a complete fiscal year of contributory service with a participating public employer required by subdivision (1), (2), (3) or (4) of this subsection, as applicable.
Calculation Month means the Month just preceding the Proration Month.

Examples of Calculation Month in a sentence

  • The CfD Counterparty shall calculate the Renewable Qualifying Multiplier in respect of each RQM Calculation Month.

  • The Renewable Qualifying Multiplier shall, in respect of each Settlement Unit within an RQM Calculation Month, be the amount so calculated by the CfD Counterparty in accordance with the RQM Calculation Methodology.

  • If as of the last day of any fiscal month (each a “Calculation Month”) the Borrower shall not have a Fixed Charge Coverage Ratio for the Twelve Month Period then ended of at least 1.25 to 1.00 (the “Fixed Charge Threshold”), the Borrower will maintain Availability of at least $40,000,000 until the end of a Calculation Month for which the Fixed Charge Threshold for the Twelve Month Period then ended is met.

  • Concurrent with each payment of Royalty hereunder, Company will provide to AMIH, information of detail and scope sufficient to support the Royalty Payment for such Royalty Calculation Month.

  • Prior to the expiration of the Review Period, Seller, Senior Lender Representative and/or the Second Lien Lender Representative may object to the Earn-out Calculation set forth in the Earn-out Calculation Statement for the applicable Calculation Month by delivering a written notice of objection (an “Earn-out Calculation Objection Notice”) to Buyer.


More Definitions of Calculation Month

Calculation Month means the month immediately following the month in which the member completes the twelve 12 consecutive months of contributory service with a participating public employer required by this subsection, as applicable.
Calculation Month means, with respect to each PJM Contract or ERCOT Contract, all partial and full months of such PJM Contract or ERCOT Contract, as applicable, following the Calculation Date through and including the earlier of (a) the last month of such PJM Contract or ERCOT Contract and (b) the last month for which ICE has published a public settlement price for such PJM Contract or ERCOT Contract, as applicable (or, if such published public settlement price is not so available, the last month for which broker quotes are available for such PJM Contract or ERCOT Contract, as applicable).
Calculation Month means the month immediately following the month in which the
Calculation Month means each of February, May, August and November in each year. “Clydesdale” means Clydesdale Bank plc.
Calculation Month means each of March, June, September and December in each year. "Clydesdale" means Clydesdale Bank plc.
Calculation Month means, with respect to each PJM Contract or, ERCOT Contract, CAISO Contract, ISO-NE Contract, MISO Contract or NYISO Contract, all partial and full months of such PJM Contract or, ERCOT Contract, CAISO Contract, ISO-NE Contract, MISO Contract or NYISO Contract, as applicable, following the Calculation Date through and including the earlier of (a) the last month of such PJM Contract or, ERCOT Contract, CAISO Contract, ISO-NE Contract, MISO Contract or NYISO Contract and (b) the last month for which ICE has published a public settlement price for such PJM Contract or, ERCOT Contract, asCAISO Contract, ISO-NE Contract, MISO Contract or NYISO Contract, as applicable (or, if such published public settlement price is not so available, the last month for which broker quotes are available for such PJM Contract or, ERCOT Contract, CAISO Contract, ISO-NE Contract, MISO Contract or NYISO Contract, as applicable).
Calculation Month means the calendar month immediately preceding the Proration Month. “Committed Shipper” means a Shipper that has entered into and has an effective T&D with Carrier.