Rolling Basis definition
Rolling Basis means the calculation of a ratio or an amount made at the end of a Financial Quarter in respect of that Financial Quarter and each of the preceding three Financial Quarters.
Rolling Basis. ’ means that, at each quarterly fee calculation, the Gross Total Return of the Franklin Account, the Index Return and the average daily net assets of the Franklin Account for the most recent quarter will be substituted for the corresponding values of the earliest quarter included in the prior fee calculation. Both the Base Fee and the Performance Component are calculated based on the same rolling period as described in this footnote and the accompanying text.
Rolling Basis refers to the calculation of a ratio for the preceding twelve months.
Examples of Rolling Basis in a sentence
The Fixed Charge Cover in respect of each Relevant Period, calculated on a Rolling Basis, shall not at the end of each Financial Quarter, starting with the Financial Quarter ending on 31 December 2001, be less than 1.00 throughout.
For purposes of such payments, Datum Common Stock shall be valued on a Twenty Day Rolling Basis.
More Definitions of Rolling Basis
Rolling Basis means, at any given time, the then 4 most recently completed Fiscal Quarters or the then 12 most recently completed accounting months (as the case may be) reflecting Borrower's financial results for such period;
Rolling Basis refers to the calculation of a ratio or an amount made at the end of a Financial Quarter in respect of that Financial Quarter and each of the preceding three Financial Quarters.
Rolling Basis. ’ means that, at each quarterly fee calculation, the Gross Total Return of the CGTC Account, the EAFE Index Return and the average daily net assets of the CGTC Account for the most recent quarter will be substituted for the corresponding values of the earliest quarter included in the prior fee calculation.
Rolling Basis shall have the meaning ascribed thereto in Clause 21.5;
Rolling Basis has the meaning given to it in Clause 21 (Financial Condition).