Fiscal Quarter Ending On definition

Fiscal Quarter Ending On. Total Leverage Ratio: December 31, 2017 to and including September 29, 2019 7.75:1.00 December 29, 2019 to and including December 27, 2020 7.25:1.00 March 28, 2021 to and including December 26, 2021 7.00:1.00 March 27, 2022 and thereafter 6.00:1.00
Sample 1
Fiscal Quarter Ending On. Total Leverage Ratio: December 31, 2017 to and including September 29, 2019 7.75:1.00 December 29, 2019 to and including December 27March 29, 2020 7.25:1.00 June 27, 2021 10.00:1.00 September 26, 2021 8.25:1.00 March 28, 2021 to and including December 26, 2021 7.00:1.00 March 27, 2022 6.50:1.00 March 27 June 26, 2022 and thereafter 6.00:1.00 From and after the end of the Covenant Suspension Period, for purposes of calculating compliance with the foregoing financial covenant, Consolidated Adjusted EBITDA shall be determined by annualizing Consolidated Adjusted EBITDA for each of the first three Fiscal Quarters completed after the end of the Covenant Suspension Period (i.e., (A) Consolidated Adjusted EBITDA for the Test Period ending June 27, 2021 shall equal Consolidated Adjusted EBITDA for the Fiscal Quarter ending June 27, 2021 multiplied by four, (B) Consolidated Adjusted EBITDA for the Test Period ending September 26, 2021 shall equal Consolidated Adjusted EBITDA for the Fiscal Quarter ending June 27, 2021 plus Consolidated Adjusted EBITDA for the Fiscal Quarter ending September 26, 2021 multiplied by two, and (C) Consolidated Adjusted EBITDA for the Test Period ending December 26, 2021 shall equal Consolidated Adjusted EBITDA for the Fiscal Quarter ending June 27, 2021 plus Consolidated Adjusted EBITDA for the Fiscal Quarter ending September 26, 2021 plus Consolidated Adjusted EBITDA for the Fiscal Quarter ending December 26, 2021 multiplied by 4/3) and thereafter shall be calculated based on actual Consolidated Adjusted EBITDA for each Fiscal Quarter comprising the applicable Test Period.
Sample 1
Fiscal Quarter Ending On. Ratio -------------------------- ------ November 1, 1997 2.20:1 January 31, 1998 2.20:1 May 2, 1998 2.20:1 August 1, 1998 2.20:1 October 31, 1998 3.00:1 January 30, 1999 3.00:1 May 1, 1999 3.00:1 July 31, 1999 3.00:1 October 30, 1999 3.00:1 January 29, 2000 3.50:1 April 29, 2000 3.50:1 July 29, 2000 3.50:1 October 28, 2000 3.50:1 February 3, 2001 and the last day of each fiscal quarter thereafter 4.00:1
Sample 1

Examples of Fiscal Quarter Ending On in a sentence

  • Each party agrees to perform (or procure the performance of) all further acts and things, and execute and deliver (or procure the execution and delivery of) such further documents, as may be required by law or as may be necessary or reasonably desirable to implement and/or give effect to this Agreement and the transactions contemplated by it.

  • Section 5.5 of the Credit Agreement is amended by deleting each of the minimum EBITDA amounts for the Fiscal Quarters ending in 2001 therein and substituting in lieu thereof the following: "For the Fiscal Quarter Ending On Maximum Amount March 31, 2001 45,000,000 June 30, 2001 42,500,000 September 30, 2001 47,500,000 December 31, 2001 48,500,000 ".

  • Holding will not permit the Consolidated Interest Coverage Ratio for any Test Period ending on the last day of a fiscal quarter of Holding set forth below to be less than the ratio set forth opposite such fiscal quarter below: Fiscal Quarter Ending On Ratio June 30, 2001 .........................

  • It also caused her to forfeit the larger indemnity payable under Article 11.16.

Related to Fiscal Quarter Ending On

  • Fiscal Quarter means a fiscal quarter of any Fiscal Year.

  • Fiscal Quarters means the period from January 1 to March 31, April 1 to June 30, July 1 to September 30 and October 1 to December 31 of the applicable year.

  • Financial Quarter means the period commencing on the day after one Quarter Date and ending on the next Quarter Date.

  • Quarter Date means each of 31 March, 30 June, 30 September and 31 December.

  • Fiscal Month means any of the monthly accounting periods of Borrower.

  • Test Period means, at any time, the four consecutive fiscal quarters of Borrower then last ended (in each case taken as one accounting period) for which financial statements have been or are required to be delivered pursuant to Section 5.01(a) or (b).

  • Quarter means, unless the context requires otherwise, a fiscal quarter of the Partnership, or, with respect to the fiscal quarter of the Partnership which includes the Closing Date, the portion of such fiscal quarter after the Closing Date.

  • Twelve-Month Period means a twelve-month period ending on the first anniversary of the Effective Date or on each subsequent anniversary thereof.

  • Measurement Period shall have the meaning specified in Section 14.01(b)(i).

  • Quarterly Valuation Date means the last Business Day of the last month of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing November 29, 2002.

  • Consolidated Net Leverage Ratio means, on any Transaction Date, the ratio of (a) Consolidated Funded Indebtedness as of such date minus cash and Temporary Cash Investments of the Issuers and the Restricted Subsidiaries to (b) Consolidated EBITDA for the then applicable Four Quarter Period. The Consolidated Net Leverage Ratio shall be calculated consistent with the pro forma adjustments contemplated by the numbered paragraphs included in the definition of Interest Coverage Ratio.

  • Consolidated EBITDAX for any period means, without duplication, the Consolidated Net Income for such period, plus the following, without duplication and to the extent deducted (and not added back) in calculating such Consolidated Net Income:

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA for such Test Period.

  • Transaction Date means, with respect to the Incurrence of any Indebtedness by the Company or any of its Restricted Subsidiaries, the date such Indebtedness is to be Incurred and, with respect to any Restricted Payment, the date such Restricted Payment is to be made.

  • Forecast Period means the period of three calendar months for which a Forecast is provided;

  • Cash Flow Leverage Ratio means, as of any time the same is to be determined, the ratio of (a) Funded Debt as of the last day of the most recent four fiscal quarters of the Company then ended minus Excess Cash as of the last day of the same such period to (b) EBITDA for the same most recent four fiscal quarters then ended.

  • old financial year means the financial year of an issuer that immediately precedes a transition year;

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the period of the four fiscal quarters most recently ended.

  • Consolidated Total Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Total Indebtedness on such date to (b) Consolidated EBITDA for the period of four (4) consecutive fiscal quarters ending on or immediately prior to such date.

  • Reference Period shall have the meaning assigned to such term in the definition of the term “Pro Forma Basis.”

  • Fiscal Period means any interim accounting period within a Taxable Year established by the Manager and which is permitted or required by Section 706 of the Code.

  • Consolidated Current Ratio means, as of any date of determination, the ratio of (a) Consolidated Current Assets as of such date to (b) Consolidated Current Liabilities as of such date.

  • Consolidated Net Earnings means, for any period, the net income (loss) of Borrower for such period, as determined on a Consolidated basis and in accordance with GAAP.

  • Ending Date means the last day of each Offering Period.

  • Quarterly Excess Available Funds Percentage means, with respect to the July 2008 Transfer Date and each Transfer Date thereafter, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Available Funds Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

  • Consolidated EBITDAR means, for any period, Consolidated EBITDA for such period plus, to the extent deducted in determining Consolidated EBITDA for such period, Consolidated Rental Expense.