Quarterly Basis definition

Quarterly Basis means a three-month period commencing on January 1, April 1, July 1 and October 1 of each calendar year.
Quarterly Basis means a three-month period commencing on January 1, April 1, July 1 and October 1 of each calendar year. “Ready for Apportionment” means a final review of an Approved Application has been completed by the OPSC and
Quarterly Basis means every quarter year or three months and refers to the frequency and number of Royalty payments made by the Lessee to the Lessor based on the Production Commencement Date and Section 4.2.5.

Examples of Quarterly Basis in a sentence

  • While the Income Statement included in this General Purpose Financial Report must disclose the Original Budget adopted by Council, the Local Government Act requires Council to review its Financial Budget on a Quarterly Basis, so that it is able to manage the various variations between actuals versus budget that invariably occur throughout the year.

  • DUTY OF AUDIT COMMITTEE:The audit committee shall review, at least on a Quarterly Basis, the details of related party transactions entered into by the listed entity pursuant to Each of the omnibus approvals given.

  • Beginning in calendar year 2023, NFGDC agrees that it will require its DPS to meet on a Quarterly Basis with the Pennsylvania Operations Superintendent and the Executive overseeing Pennsylvania Operations Department.

  • The execution of works or the purchase of goods or materials necessary for urgent maintenance work to highways, buildings, plant or other assets to prevent rapid and progressive deterioration or to maintain essential services.Where it has been necessary to procure against 2.1.9 – 2.1.16 above the excepted contract forms must be reported to the Procurement Gateway Board on a Quarterly Basis.

  • The undersigned company shall use the following space to describe any other good faith efforts that will be taken to reach out to residents located within the areas served by the District to educate them about employment opportunities with the company: B.

  • Work program of the San Joaquin Valley Policy Council – Operational Activities with Deliverables Reported on Quarterly Basis.

  • Valleywide Transportation Control Measure Implementation – Operational Activities with Deliverables Reported on Quarterly Basis.

  • Documentation related to Valleywide Transportation/Air Quality Modeling Revision Process – Operational Activities with Deliverables Reported on Quarterly Basis.

  • All amounts due from one Party to the other Party under Article IV shall be due and payable on a Calendar Quarterly Basis, with each payment encompassing amounts due associated with License Income actually received by the paying Party during such Calendar Quarter.

  • If no goods or services are provided during a given period, the Offeror must still provide a "nil" report.The data must be submitted on a Quarterly Basis to the Standing Offer Authority.

More Definitions of Quarterly Basis

Quarterly Basis means no later than once every three (3) calendar months.
Quarterly Basis means that period of time beginning on the date the Software is first commercially used and ending each three month period thereafter. QUEST NET shall advise STIC, in writing, by the 30th day of the last month of each quarter, of its intent to convert the Convertible Shares and STIC shall have 15 days from the receipt of the notice of conversion to redeem the Convertible Shares at a redemption price of $10.00 per share. If STIC does not redeem the Convertible Shares within such 15 day period, QUEST NET shall have the right to convert the Convertible Shares, at a conversion rate equal to (i) the average 5 day bid price (as of the date of conversion) of STIC's common stock, if the Company is publicly traded, or at the book value per share of the Common Stock, if the common stock is not publicly traded. In addition to the redemption right provided above, STIC shall have the right to call the Preferred Stock not converted, in whole or in part, at any time.
Quarterly Basis means, with respect to any financial calculation set forth in Annex C involving a determination of any item set forth in the Company's Consolidated statements of income or statements of cash flow for any period of one or more fiscal quarters of the Company, that such calculation shall be made on the basis of each such fiscal quarter's results as set forth in the quarterly financial statements relating to such fiscal quarter individually (as adjusted to reflect financial statements prepared on the basis of Adjusted Argentine GAAP), without giving effect to any subsequent adjustments to the information set forth in such quarterly financial statements for inflation or exchange rate fluctuations and after converting such item into Dollars at the Exchange Rate applicable to such quarter.

Related to Quarterly Basis

  • Quarter means, unless the context requires otherwise, a fiscal quarter of the Partnership, or, with respect to the fiscal quarter of the Partnership which includes the Closing Date, the portion of such fiscal quarter after the Closing Date.

  • Quarterly Period means any of the First Quarterly Period, the Second Quarterly Period, the Third Quarterly Period and the Fourth Quarterly Period; provided, however, that if there is a change in the periods applicable to payments of estimated federal income taxes by natural persons, then the Quarterly Period determinations hereunder shall change correspondingly such that the Partnership is required to make periodic Tax Distributions under Section 7.3 at the times and in the amounts sufficient to enable a Partner to satisfy such payments in full with respect to amounts allocated pursuant to the provisions of Article VI (other than Section 6.2(d)), treating the Partner’s Presumed Tax Liability with respect to the relevant Quarterly Period (as such Quarterly Period is changed as provided above) as the amount of the Partner’s actual liability for the payment of estimated federal income taxes with respect to such Quarterly Period (as so changed).

  • 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 November 29, 2002.

  • Quarterly means the 4 inclusive periods from 1 April to 30 June, 1 July to 30 September, 1 October to 31 December and in the following year, 1 January to 31 March;

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Quarterly Dates means the last Business Day of March, June, September and December in each year, the first of which shall be the first such day after the date hereof.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Quarterly Payment Dates means each March 31, June 30, September 30 and December 31.

  • Calendar Quarter means the respective periods of three (3) consecutive calendar months ending on March 31, June 30, September 30 and December 31.

  • Quarterly Payment Date means the last day of each March, June, September, and December or, if any such day is not a Business Day, the next succeeding Business Day.

  • Quarterly Statement means the quarterly statutory financial statement of any Insurance Subsidiary required to be filed with the insurance commissioner (or similar authority) of its jurisdiction of incorporation or, if no specific form is so required, in the form of financial statements permitted by such insurance commissioner (or such similar authority) to be used for filing quarterly statutory financial statements and shall contain the type of financial information permitted by such insurance commissioner (or such similar authority) to be disclosed therein, together with all exhibits or schedules filed therewith.

  • Quarterly Floating Rate Period means, for the initial Quarterly Floating Rate Period, the period commencing on July 1, 2020 and ending on and including September 30, 2020, and thereafter the period from and including the day immediately following the end of the immediately preceding Quarterly Floating Rate Period to but excluding the next succeeding Quarterly Commencement Date.

  • Quarterly Date means the last Business Day of each March, June, September and December.

  • Estimated Incremental Quarterly Tax Amount has the meaning assigned to such term in Section 6.9.

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by the revenue in the period.

  • Minimum Quarterly Distribution means $0.35 per Unit per Quarter (or with respect to the period commencing on the Closing Date and ending on September 30, 2005, it means the product of $0.35 multiplied by a fraction of which the numerator is the number of days in such period and of which the denominator is 92), subject to adjustment in accordance with Section 6.6 and Section 6.9.

  • Annualized Consolidated EBITDA means, for any quarter, the product of Consolidated EBITDA for such period of time multiplied by four (4).

  • Fiscal Quarter means a fiscal quarter of any Fiscal Year.

  • Quarterly Excess Available Funds Percentage means, with respect to the July 2008 Transfer Date and each Transfer Date thereafter, the percentage equivalent of a fraction the numerator of which is the sum of the Excess Available Funds Percentages with respect to the immediately preceding three Monthly Periods and the denominator of which is three.

  • Quarterly Average Excess Availability means, at any time, the daily average of the Excess Availability for the immediately preceding fiscal quarter as calculated by Agent in good faith.

  • Annualized EBITDA means, for the four consecutive quarters ending on each Reporting Date, the Operating Partnership’s Pro Rata Share (as defined below) of earnings before interest, taxes, depreciation and amortization (“EBITDA”), with other adjustments as are necessary to exclude the effect of all realized or unrealized gains and losses related to hedging obligations, items classified as extraordinary items and impairment charges in accordance with generally accepted accounting principles, adjusted to reflect the assumption that (i) any EBITDA related to any assets acquired or placed in service since the first day of such four-quarter period had been earned, on an annualized basis, from the beginning of such period, and (ii) any assets disposed of during such four-quarter period had been disposed of as of the first day of such period and no EBITDA related to such assets had been earned during such period.

  • Quarterly Commencement Date means the 1st day of each of April, July, October and January in each year.

  • Annual EBITDA means, with respect to any Project or Minority Holding, as of the first day of each fiscal quarter for the immediately preceding consecutive four fiscal quarters, an amount equal to (i) total revenues relating to such Project or Minority Holding for such period, less (ii) total operating expenses relating to such Project or Minority Holding for such period (it being understood that the foregoing calculation shall exclude non-cash charges as determined in accordance with GAAP). Each of the foregoing amounts shall be determined by reference to the Borrower’s Statement of Operations for the applicable periods. An example of the foregoing calculation is set forth on Exhibit G hereto.

  • EBITDA Margin means the ratio between (a) EBITDA and (b) total toll and other concession revenues.

  • Increased Reporting Period means the period commencing after the continuance of an Increased Reporting Event and continuing until the date when no Increased Reporting Event has occurred for 30 consecutive days.

  • Quarterly Distribution Date means the last Business Day of the month following the end of each calendar quarter after the Effective Date; provided, however, that if the Effective Date is within 45 days of the end of a calendar quarter, the first Quarterly Distribution Date will be the last Business Day of the month following the end of the first calendar quarter after the calendar quarter in which the Effective Date falls.