Measurement Period definition

Measurement Period means, at any date of determination, the most recently completed four fiscal quarters of the Borrower.
Measurement Period means, at any date of determination, the most recently completed four consecutive fiscal quarters of the Borrower ended on such date.
Measurement Period means, at any date of determination, the most recently completed four fiscal quarters of the Company.

Examples of Measurement Period in a sentence

PART FOUR: REVENUE, TOTAL OPERATING EXPENSE RATIOS AND EBITDA MARGINS DURING MEASUREMENT PERIOD Summary of Operating Expenses as a Percent of Revenue for Affiliate Owned Unit and Conforming FranchiseesAffiliate2019 CONFORMING FRANCHISEESThe table below includes the Revenue and certain Operating Expenses as a Percentage of Sales for the Affiliate Owned Unit and the 18 Conforming Franchisees.


More Definitions of Measurement Period

Measurement Period means, at any date of determination, the most recently completed four (4) fiscal quarters of the Borrower.
Measurement Period means, at any date of determination, the most recently completed four consecutive Fiscal Quarters of the Parent ending on or prior to such date.
Measurement Period means, at any date of determination, the most recently completed four fiscal quarters of Holdings.
Measurement Period means, at any date of determination, the most recently completed four (4) fiscal quarters of the Borrower (or, for purposes of determining Pro Forma Compliance, the most recently completed four (4) fiscal quarters of the Borrower for which financial statements have been delivered pursuant to Section 6.01).
Measurement Period means, with respect to any date, the period of ten consecutive Trading Days ending on the Trading Day prior to such date.
Measurement Period means, at any date of determination, the most recently completed four fiscal quarters of OpCo or US Holdings, as applicable, or, if fewer than four consecutive fiscal quarters of OpCo or US Holdings, as applicable, have been completed since the Agreement Effective Date, the fiscal quarters of OpCo or US Holdings, as applicable, that have been completed since the Agreement Effective Date; provided that: (a) for purposes of determining an amount of any item included in the calculation of a financial ratio or financial covenant for the fiscal quarter ended September 30, 2014, such amount for the Measurement Period then ended shall equal such item for such fiscal quarter multiplied by four; (b) for purposes determining an amount of any item included in the calculation of a financial ratio or financial covenant for the fiscal quarter ended December 31, 2014, such amount for the Measurement Period then ended shall equal such item for the two fiscal quarters then ended multiplied by two; and (c) for purposes of determining an amount of any item included in the calculation of a financial ratio or financial covenant for the fiscal quarter ended March 31, 2015, such amount for the Measurement Period then ended shall equal such item for the three fiscal quarters then ended multiplied by 4/3.
Measurement Period means the period from a Measurement Date to the related notice date or purchase date. Measurement Periods cannot run concurrently.