Examples of Quarter Days in a sentence
ACS Preference Period Last Quarter Distribution: if the Effective Date is not on the first day of a calendar quarter, an amount equal to [a] the Equity Interest of the ACS Member, multiplied by [b] the product of [i] Adjusted FCF for the Preference Period Last Quarter, multiplied by [ii] a fraction [A] the numerator of which is the number of Preference Period Partial First Quarter Days, and [B] the denominator of which is the number of days in the Preference Period Last Quarter.
The Tariffs will be payable quarterly in advance with effect from the Effective Date and will be invoiced by way of four invoices of equal amount, one issued on each of the Quarter Days.
The estimated Service Charge for which the Tenant is liable will be paid in equal instalments on the date of this Lease and remaining Quarter Days during the period from the date of this Lease until the end of the Service Charge Year.
ACS First Partial Preferred Distribution: if the Effective Date is not on the first day of a calendar quarter, an amount equal to $12,500,000 multiplied by a fraction [a] the numerator of which is the number of Preference Period Partial First Quarter Days and [b] the denominator of which is the number of days in the calendar quarter during which the first day of the Preference Period Partial First Quarter occurs.
It shall accrue on a daily basis and be compounded on the Quarter Days.