Quarterly Period definition

Quarterly Period the period of three months commencing on 1 January, 1 April, 1 July and 1 October.

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 Period means the three-month periods ending each April 1, July 1, October 1 and January 1; provided that the first Quarterly Period shall commence on the Effective Date and end on the last day of the calendar quarter in which the Effective Date occurs.

Examples of Quarterly Period in a sentence

• If the period covered by the First Year Report includes an initial stub period that is a partial Quarterly Period, then a separate average subscription percentage shall be calculated for such partial Quarterly Period.

• For each partial and full Quarterly Period, the subscription percentage will be calculated first as a daily average, then averaged over the partial or full Quarterly Period.

• If the Project is Energized, then after the conclusion of four (4) full Quarterly Periods after Energization, Seller shall provide to Buyer and the IPA a First Year Report substantially in the form of Exhibit C on or after the first (1st) day of the month immediately following the conclusion of such fourth Quarterly Period, but no later than the tenth (10th) day of the month immediately following the conclusion of such fourth Quarterly Period.

• For the Quarterly Period ending in August, November, February or May, such First Year Report is due by the 10th of September, December, March or June, respectively.

• The Base Subscription Rate shall be the greater of: 50% or the highest average subscription percentage calculated for a Quarterly Period based on information as recorded in the First Year Report.

More Definitions of Quarterly Period

Quarterly Period means a three (3) month period of each calendar year ending on March 31, June 30, September 30 or December 31.

Quarterly Period means the most recently-ended three (3) calendar month period for which the Borrower has provided financial information pursuant to Sections 6.01(a) or (b).

Quarterly Period means, with respect to a Quarterly Payment Cycle, the following quarterly periods: (a) with respect to Payment Cycle A, the quarterly periods of January through March, April through June, July through September and October through December; (b) with respect to Payment Cycle B, the quarterly periods of February through April, May through July, August through October and November through January; and (c) with respect to Payment Cycle C, the quarterly periods of March through May, June through August, September through November and December through February.

Quarterly Period means a period of three calendar months

Quarterly Period means, with respect to a Delivery Year, the quarterly periods of

Quarterly Period means (i) the short period commencing on the First Closing Date and ending on the last day of the calendar quarter that includes the First Closing Date, (ii) each calendar quarter thereafter prior to the calendar quarter that includes the day on which the final liquidating distribution is made pursuant to Section 9.04 and (iii) the short period, if any, commencing on the first day of the calendar quarter immediately following the last such full calendar quarter and ending on the day on which the final liquidating distribution is made pursuant to Section 9.04.

Quarterly Period means (a) the Period from the Closing Date to the next succeeding Quarterly Date and (b) thereafter, any period from the first day after a Quarterly Date to the next succeeding Quarterly Date.