Examples of Fiscal Month in a sentence

FMVD = Fair Market Value Discount, as measured on such Payment Date, which is equal to the quotient (expressed as a percentage) of (a) one, divided by (b) the sum of (i) one, plus (ii) the product of (A) the Prime Rate on such Payment Date, times (B) a fraction, the numerator of which is the Days’ Sales Outstanding (calculated as of the last day of the Fiscal Month immediately preceding such Payment Date) and the denominator of which is 365 or 366, as applicable.
Not later than two (2) Business Days before each Monthly Settlement Date, a Monthly Report as of the most recently completed Fiscal Month.

More Definitions of Fiscal Month

Fiscal Month means each calendar month.

Fiscal Month means any of the monthly accounting periods of Borrowers.

Fiscal Month means any of the monthly accounting periods of Holdings of each Fiscal Year.

Fiscal Month means a fiscal month specified in Schedule C, as may be amended from time to time by the delivery by the Servicer to the Seller, the Owner Trustee and the Indenture Trustee of a new Schedule C hereto listing the fiscal months; provided, however, that the fiscal months on any such new Schedule C shall have the ranges of number of days generally similar to the ranges of the number of days in the fiscal months set forth in the original Schedule C hereto and shall not result in a Collection Period that does not allow the Servicer a sufficient amount of time to perform the calculations required of it hereunder in respect of such Collection Period prior to the related Determination Date.

Fiscal Month means any fiscal month of any Fiscal Year, which month shall generally end on the last day of each calendar month in accordance with the fiscal accounting calendar of the Borrower.

Fiscal Month means the monthly period used by ML & Co. for financial accounting purposes.

Fiscal Month means any of the monthly accounting periods of Parent and its Subsidiaries.