Statement Cycle means the period of time for which our credit union provides a summary of the financial activities and transactions that post and settle to the accountholder's account.
Pick Up Report means the report detailing the number of sleeping rooms per day actually used out of the Program’s room block.
Life-cycle cost means the expected total cost of ownership during the life of a product, including disposal costs.
Initial Engineering Report means the engineering report concerning Oil and Gas Properties of Loan Parties dated as of June 30, 2006 prepared by Netherland, ▇▇▇▇▇▇ & Associates and ▇▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇▇▇▇.
Distribution Compliance Period with respect to any Notes, means the period of 40 consecutive days beginning on and including the later of (i) the day on which such Notes are first offered to Persons other than distributors (as defined in Regulation S under the Securities Act) in reliance on Regulation S and (ii) the issue date with respect to such Notes.