Current Quarter definition

Current Quarter means the calendar quarter within which the relevant schedules are prepared and submitted;

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Current Quarter has the meaning specified in the definition of Applicable Margin.

Current Quarter means, as of any date, the most recently completed calendar quarter prior to such date for which the General Partner has declared a record date for the payment of dividends in respect of Shares.

Examples of Current Quarter in a sentence

• Such estimated Lifting Allocation shall take into account any Proceeds Imbalance for the quarter first preceding the Current Quarter and any estimated Proceeds Imbalance for the Current Quarter computed in accordance with Article 4 of this Schedule 3.

• To the extent the sum of the part of the Base Management Fee payable for a particular quarter (the “Current Quarter Payment”) plus the amount of Base Management Fee paid with respect to prior quarters during the applicable calendar year would exceed the Base Management Fee Cap, the amount of the Current Quarter Payment shall be limited to the maximum amount that could be paid without such sum exceeding the Base Management Fee Cap.

• If the Collateral Amount as of the end of any Current Quarter exceeds the Deposit Amount as of the end of such Current Quarter, the Retrocessionaire will transfer such difference to the Retrocedent no later than the last business day of such Current Quarter.

• If the Collateral Amount as of the end of any Current Quarter is less than the Deposit Amount as of the end of such Current Quarter, the Retrocedent will transfer such difference to the Retrocessionaire no later than the last business day of such Current Quarter.

• Such estimated Lifting Allocation shall take into account any Proceeds Imbalance for the quarter first preceding the Current Quarter and any estimated Proceeds Imbalance for the Current Quarter computed in accordance with paragraph 3 of Article IV.

More Definitions of Current Quarter

Current Quarter has the meaning set forth in Section 8.6.2.

Current Quarter means the calendar quarter for which distributions under this section are being made.

Current Quarter is defined in CLAUSE (b) of SECTION 3.2.

Current Quarter shall have the meaning set forth in Section 8(b) of this Agreement.

Current Quarter has the meaning set forth in Section 4.8(b).

Current Quarter. Means the pertinent Quarter for purposes of invoicing and indexing adjustments as provided in Clause 18 hereunder.

Current Quarter has the meaning set forth in Section 4.8(b). “control,” and its derivatives, means the possession, directly or indirectly, of the power to direct or cause the direction of the management and policies of a Person.