Measurement Day definition

Measurement Day means the last business day of every other month of a tax year.[PL 2017, c. 361, §2 (NEW).]
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Measurement Day means a twenty-four (24) hour period but excluding weekends, holidays, days in which a Dispatch or Seller Dispatch occurs, and event days under a Dual Participation Program; provided, that event day(s) under DBP will not be considered a Measurement Day only to the extent that a DBP bid, including any standing bid, was placed by the Participating Account on such event day(s).
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Measurement Day means (1) with respect to each of the Dow Xxxxx EURO STOXX 50 Index, the FTSE 100 Index and the S&P/ASX 200 Index (and any Successor Indices), any day on which such index (or any Successor Index) is published by its publisher or is otherwise determined by the Calculation Agent pursuant to this Agreement and (2) with respect to the Nikkei 225 Index, any day on which both the Tokyo Stock Exchange and the Osaka Securities Exchange are scheduled to be open for trading for their respective regular trading sessions.
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Examples of Measurement Day in a sentence

  • Seller shall not charge any of the Storage Units at any point in time that is within (a) a Delivery Hour that is within a Delivery Day of an Operating Month, or (b) a Delivery Hour that is within a day that could be a Measurement Day, regardless of whether such day is used as a Measurement Day.


More Definitions of Measurement Day

Measurement Day means (1) with respect to each of the Dow Jones EURO STOXX 50 Index, the FTSE 100 Index and the S&P/ASX 200 Index (and any Successor Indices), any day on which such index (or any Successor Index) is published by its publisher or is otherwise determined by the Calculation Agent pursuant to the Calculation Agency Agreement and (2) with respect to the Nikkei 225 Index, any day on which both the Tokyo Stock Exchange and the Osaka Securities Exchange are scheduled to be open for trading for their respective regular trading sessions.
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Measurement Day means any day on which a Component Index (or any Successor Index) is published by its publisher or is otherwise determined by the Calculation Agent pursuant to the Calculation Agency Agreement.
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Measurement Day means a twenty-four (24) hour period that is a Delivery Day, but excluding (a) Event Days, (b) event days under a Dual Participation Program[, and (c) days in which an N-2 Event occurs].
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Measurement Day means any day on which a Component Index (or any Successor Index) is published by its publisher or is otherwise determined by the Calculation Agent pursuant to this Agreement.
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Measurement Day means (i) the second anniversary of the First Closing Date (or, if such day is not a Market Day, then the next succeeding Market Day), (ii) the corresponding day in the third month preceding the second anniversary of the First Closing Date (or, if such day is not a Market Day, then the next succeeding Market Day) and (iii) the corresponding day in every third month following the second anniversary of the First Closing Date (or, if such day is not a Market Day, then the next succeeding Market Day).
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Related to Measurement Day

  • Measurement Date means the most recent Payment Date specified in the first column of the Cumulative Net Loss Rate Table.

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

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Settlement Day means, in relation to a date, (i) with respect to a transfer of cash or other property (other than securities), the next Local Business Day and (ii) with respect to a transfer of securities, the first Local Business Day after such date on which settlement of a trade in the relevant securities, if effected on such date, would have been settled in accordance with customary practice when settling through the clearance system agreed between the parties for delivery of such securities or, otherwise, on the market in which such securities are principally traded (or, in either case, if there is no such customary practice, on the first Local Business Day after such date on which it is reasonably practicable to deliver such securities).

  • Adjustment Day means the first calendar day in each month.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • Measurement means metered volumes at a custody transfer meter through a turbine, Coriolis, or such other meter.

  • Payment Day means a day (other than a Saturday or Sunday) on which commercial banks and foreign exchange markets are open for business (including dealings in foreign exchange and foreign exchange currency deposits) in the principal financial centre for the Settlement Currency or if the Settlement Currency is euro, any day on which the Trans-European Automated Real-time Gross settlement Express Transfer (TARGET) System is open;

  • Calculation Period means the period from and including the seventh scheduled Index Business Day prior to the Stated Maturity to and including the second scheduled Index Business Day prior to the Stated Maturity.

  • Measurement Point means the emission source for which continuous emission measurement systems (CEMS) are used for emission measurement, or the cross-section of a pipeline system for which the CO2 flow is determined using continuous measurement systems;

  • Daily Measurement Value means the Specified Dollar Amount (if any), divided by 40.

  • Operating Day means the daily 24 hour period beginning at midnight for which transactions on the PJM Interchange Energy Market are scheduled.

  • Reference Year shall have the meaning given it in the Summary.

  • Testing Date means 31 December of each year.

  • 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 October 31, 2001.

  • TTM EBITDA means, as of any date of determination, EBITDA of Borrower determined on a consolidated basis in accordance with GAAP, for the 12 month period most recently ended.

  • average daily net assets of the Fund shall mean the average of the values placed on the Fund's net assets as of 4:00 p.m. (New York time) on each day on which the net asset value of the Fund is determined consistent with the provisions of Rule 22c-1 under the 1940 Act or, if the Fund lawfully determines the value of its net assets as of some other time on each business day, as of such time. The value of the net assets of the Fund shall always be determined pursuant to the applicable provisions of the Declaration and the Registration Statement. If the determination of net asset value does not take place for any particular day, then for the purposes of this section 6, the value of the net assets of the Fund as last determined shall be deemed to be the value of its net assets as of 4:00 p.m. (New York time), or as of such other time as the value of the net assets of the Fund's portfolio may be lawfully determined on that day. If the Fund determines the value of the net assets of its portfolio more than once on any day, then the last such determination thereof on that day shall be deemed to be the sole determination thereof on that day for the purposes of this section 6. You may waive all or a portion of your fees provided for hereunder and such waiver shall be treated as a reduction in purchase price of your services. You shall be contractually bound hereunder by the terms of any publicly announced waiver of your fee, or any limitation of the Fund's expenses, as if such waiver or limitation were fully set forth herein.

  • TARGET2 Settlement Day means any day on which the Trans-European Automated Real-Time Gross Settlement Express Transfer (TARGET2) System is open.

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Computation Period means each period of four consecutive Fiscal Quarters ending on the last day of a Fiscal Quarter.

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Averaging Period means the time over which a limit is measured or a monitoring result is obtained;

  • Valuation Period shall have the meaning specified in Section 14.04(c).

  • DBRS Equivalent Rating means, with respect to any date and any Person with respect to whom DBRS does not maintain a public Relevant DBRS Rating as of such date:

  • Test Period on any date of determination, the period of four consecutive fiscal quarters of the Borrower (in each case taken as one accounting period) most recently ended on or prior to such date for which financial statements have been or are required to be delivered pursuant to Section 6.1.

  • Compounded Daily €STR means, with respect to any Interest Period, the rate of return of a daily compound interest investment (with the daily euro short-term rate as reference rate for the calculation of interest) as calculated by the Calculation Agent as at the relevant Interest Determination Date in accordance with the following formula (and the resulting percentage will be rounded if necessary to the nearest fifth decimal place, with 0.000005 being rounded upwards):