Monthly Accounting Period means each successive calendar month during the term of this Agreement or any fraction thereof, beginning at the Effective Time and ending on the Recapture Date or the date this Agreement is otherwise terminated in accordance with Article VIII, as applicable.
Monthly Accounting Period as used herein, means calendar month beginning at 7:00 a.m. on the first day of a month and ending at 7:00 a.m. on the first day of the succeeding month.
Monthly Accounting Period shall have the meaning specified in Section 7.01(a).
Examples of Monthly Accounting Period in a sentence
If the amount of the Net Settlement for such Monthly Accounting Period is positive, the Ceding Company shall pay such amount in cash to the Reinsurer within of its delivery of the Monthly Settlement Statement for such period to the Reinsurer.
For each Monthly Accounting Period, the Parties shall cooperate and provide the other with information regarding Allocated Premium Taxes which is reasonably necessary to calculate the Net Settlement.
More Definitions of Monthly Accounting Period
Monthly Accounting Period means for each month, the relevant weekly period within the quarterly accounting period used by the Group, consisting of two consecutive four week periods followed by a five week period.
Monthly Accounting Period means each calendar month, provided that the initial Monthly Accounting Period shall commence on the Effective Date and end on the last day of the calendar month in which the Effective Date falls [alternatively, “shall be deemed to end on [___]”], and the final Monthly Accounting Period shall commence on the first day of the calendar month in which the Termination Date falls and end on the Termination Date.
Monthly Accounting Period means monthly with the period ending on the last day of each calendar month.
Monthly Accounting Period means each of the twelve periods per annum for which the Borrower is required to prepare consolidated monthly management accounts for the purpose of this Agreement;
Monthly Accounting Period means each calendar month; provided, that the initial Monthly Accounting Period shall commence on the Closing Date and end on January 31, 2021, and the final Monthly Accounting Period shall commence on the first day of the calendar month in which the date upon which this Agreement terminates falls and end on the date on which this Agreement terminates.
Monthly Accounting Period is hereby deleted and restated as follows (any reference in the Agreement to “Monthly Accounting Period” shall be updated with the below restated defined term):
Monthly Accounting Period means a monthly accounting prepared in accordance with Iowa SAP and prepared by the Company in accordance with the provisions of Article VI hereof from the Effective Date through _______ 31, 2019 and each calendar month thereafter.