Quarterly Calculation Date definition

Quarterly Calculation Date means the date four (4) Business Days prior to each Quarterly Payment Date. Any reference to a Quarterly Calculation Date relating to a Quarterly Payment Date means the Quarterly Calculation Date occurring in the same calendar month as the Quarterly Payment Date and any reference to a Quarterly Calculation Date relating to a Quarterly Collection Period means the Quarterly Collection Period most recently ended on or prior to the related Quarterly Payment Date.
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Quarterly Calculation Date means, in relation to a Quarterly Payment Date, the fifth business day prior to such Quarterly Payment Date.
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Quarterly Calculation Date means last day of each quarter in the Performance Period, with the first Quarterly Calculation Date occurring on September 30, 2018.
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Examples of Quarterly Calculation Date in a sentence

  • The Quarterly Calculation Date shall be, in relation to any Quarterly Payment Date, the third (3rd) Business Day preceding the relevant Quarterly Payment Date (the Quarterly Calculation Date).

  • The balance of the Expenses Subordinated Loan Interest Deferral Register existing on any Quarterly Calculation Date shall roll over and be due on the immediately succeeding Quarterly Payment Date.

  • If the balance standing to the credit of the Reserve Fund Account on any Quarterly Calculation Date, exceeds the Reserve Fund Required Amount, such excess amount shall be debited from the Reserve Fund Account on the next following Quarterly Payment Date, credited to the Transaction Account, and form part of the Quarterly Interest Available Funds, to be applied in accordance with the Quarterly Interest Priority of Payments.

  • Quarterly Calculation Date means, in relation to any Quarterly Payment Date, the third (3rd) Business Day preceding the relevant Quarterly Payment Date.

  • On each Quarterly Calculation Date the Calculation Agent will calculate the amount of the Quarterly Interest Available Funds and the Principal Available Funds available or to be made available to the Issuer in the Transaction Account to satisfy its obligations under the Notes or, prior to the Mandatory Redemption Date to purchase New Loans, as the case may be.


More Definitions of Quarterly Calculation Date

Quarterly Calculation Date means the date fifteen days prior to any Quarterly True-Up Adjustment Date.
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Quarterly Calculation Date means March 31, June 30, September 30, December 31 of each year.
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Quarterly Calculation Date the last day of each March, June, September and December of each year, commencing on the first of such days to occur after the Commercial Operations Date.
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Quarterly Calculation Date means the last Business Day of each March, June, September and December of each year;
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Quarterly Calculation Date the fifth Business Day following the end of each March, June, September and December of each year, commencing on the first of such days to occur after the Commercial Operations Date.
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Quarterly Calculation Date means the last day of each calendar quarter during the term of this Agreement and thereafter until the Indebtedness is paid in full.
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Quarterly Calculation Date means the date, falling 5 (five) Business Days after a Quarterly Valuation Date, within which the Calculation Agent shall deliver the Quarterly Calculation Report.
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