Defined Period definition

Defined Period means for any given calendar quarter or date of determination, the immediately preceding twelve (12) month period ending on the last day of such calendar quarter or if such date of determination is not the last day of a calendar quarter, the twelve (12) month period immediately preceding any such date of determination.

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Defined Period means for purposes of calculating Net Revenue for any given calendar month, the immediately preceding twelve (12) month period ending on the last day of such calendar month.

Defined Period means for any given calendar month or date of determination, the twelve (12) month period ending on the last day of such calendar month or if such date of determination is not the last day of a calendar month, the twelve (12) month period immediately preceding any such date of determination.

Examples of Defined Period in a sentence

• A breach of a financial covenant contained in this Article 6 shall be deemed to have occurred as of the last day of any specified Defined Period, regardless of when the financial statements reflecting such breach are delivered to Agent.

• For each Testing Date occurring on the last day of a calendar quarter in which a Financial Covenant Trigger Event has occurred (each a “Subject Testing Date”), Credit Parties shall not permit Net RNS Systems Revenue for any Defined Period ending on a Subject Testing Date to be less than the Applicable Minimum Net Revenue Threshold for such Defined Period.

• Credit Parties shall not permit Liquidity, at any time, to be less than $25,000,000; provided that the Credit Parties shall no longer be required to comply with the covenant set forth in this Section 6.2, if Borrower Representative delivers a Compliance Certificate for calendar quarter ending on December 31, 2026 demonstrating to Agent’s reasonable satisfaction that Net RNS Systems Revenue for the Defined Period ending on such date is equal to or greater than $90,000,000.

More Definitions of Defined Period

Defined Period has the meaning set forth in Section 6.1.

Defined Period means, for purposes of calculating the Fixed Charge Coverage Ratio for any given calendar month, the twelve (12) month period immediately preceding any such calendar month.

Defined Period means, for purposes of calculating the Leverage Ratio (and any component thereof) for any given fiscal quarter, the twelve (12) month period immediately preceding any such fiscal quarter.

Defined Period means the period commencing on the date the draft Plan variation is notified in the Gazette under section 19 and terminating at the expiration of the day before—

Defined Period means for any given calendar month, the immediately preceding twelve (12) month period ending on the last day of such calendar month.

Defined Period means, for purposes of calculating EBITDA (and any component thereof) for any given calendar month, the twelve (12) month period immediately preceding any such calendar month.

Defined Period means, for purposes of calculating the Fixed Charge Coverage Ratio or Net Revenues the twelve (12) month period ending on the last day of each fiscal quarter.