Calculation Month definition
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.