Examples of Measurement Quarter in a sentence
The Component B Quarterly Variance for each Measurement Quarter is the dollar amount of any variation between (1) actual total Component B Costs for the Measurement Quarter, and (2) forecasted total Component B Costs included in the cost of service underlying the Company’s base rates for the corresponding quarter, summed with the result of the Component B Cost Variance calculation.
The Borrower shall maintain, as of the last day of each fiscal quarter (in each case, the "MEASUREMENT QUARTER"), a maximum ratio of (i) Consolidated Debt for the immediately preceding four-fiscal-quarter period ending on the last day of such Measurement Quarter, to (ii) Consolidated EBITDA for such period, of not more than 5.75 to 1.00, commencing with the period ending June 30, 2002.
This gives the debtor a short relief from the enforcement activities of creditors and the opportunity to develop a plan of compromise to put before its creditors for approval.
CMS Energy shall maintain, as of the last day of each fiscal quarter (in each case, the "MEASUREMENT QUARTER"), a maximum ratio of (i) Consolidated Debt for the immediately preceding four-fiscal-quarter period ending on the last day of such Measurement Quarter (calculated exclusive of Panhandle and its Subsidiaries), to (ii) Consolidated EBITDA for such period (calculated exclusive of Panhandle and its Subsidiaries), of not more than 7.00 to 1.00, commencing with the period ending June 30, 2003.
The Power Supply Adjustor shall be the difference between the actual power supply costs every Measurement Quarter and the forecasted power supply costs included in base rates for that quarter, as adjusted by Power Supply Efficiency Calculation set forth below.