Rolling Four definition

Rolling Four. Quarters shall mean the then most recently ended four (4) consecutive fiscal quarters of the Company for which, as of such day, financial statements are required to have been given to the Agent and Banks pursuant to this Agreement.
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Rolling Four. Quarters shall mean, as of any day, the then most recently ended four (4) fiscal quarter period of the Borrower.
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Rolling Four. Quarters shall mean, as of any day, the then most recently ended four (4) fiscal quarter period of the Parent. Scheduled Completion Date shall mean June 30, 1997.
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Examples of Rolling Four in a sentence

  • The ratio of (a) Adjusted EBIT for any Rolling Four Quarter Period to (b) Fixed Charges for the same Rolling Four Quarter Period, to be less than 1.50 to 1.00.

  • Adjusted Net Income to be less than $1.00 in more than one fiscal quarter of any Rolling Four Quarter Period.

  • The Rolling Four Quarter Outlook on Adjusted Diluted Earnings Per Share does not include any changes to our fully diluted share count that could occur related to additional share repurchases or a stock price increase and EPS dilution calculations related to our convertible subordinated notes and outstanding and exercisable stock options.

  • The Rolling Four Quarter Outlook on Adjusted Basic Earnings Per Share and Adjusted Diluted Earnings Per Share does not include any changes to our fully diluted share count that could occur related to additional share repurchases or a stock price increase and EPS dilution calculations related to our convertible subordinated notes and outstanding and exercisable stock options.

  • The Capital Programme includes details of the proposed spend and phasing over financial years form 2013/14 to 2016/17 of the four Band A 21st Century Schools Projects (see Table 14 below): TABLE 14: Rolling Four Year Capital Programme 2013/14-2016/17- Education Services Expenditure planned in 2013/14 is on design and investigative services fees for the Penmaenrhos Area and land purchase for Llandudno Junction prior to the commencement of works in 2014/15.

  • This will include the development of a Rolling Four Year Model and Accountable Action Review Plan and undertaking investigations in four key knowledge priority areas.

  • The ratio of (a) Total Debt as of the end of any Rolling Four Quarter Period, to (b) Adjusted EBITDA for such Rolling Four Quarter Period, to be more than 2.00 to 1.00.

  • Higher Returns on Invested Capital from continued disciplined capital allocation combined with a lower Cost of Capital.We are introducing an updated Rolling Four Quarter Outlook that captures almost a full year of anticipated lower interest costs post a potential senior note refinancing transaction.

  • But lower costs may increase the firm’s market share as well as total quantity demanded for the industry.

  • The Measurable Skills Gains performance outcome measure will be determined in the Rolling Four Performance Report in August 2023, however the program is expected to meet this performance measure.


More Definitions of Rolling Four

Rolling Four. QUARTERS shall mean, as of any day, the then most recently ended four (4) quarter period of the Borrower.
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Rolling Four. Quarters shall mean, (a) as of any day prior to the date that financial statements are initially required to be given to Lender for Borrower's 1998 fiscal year end pursuant to this Agreement, the most recently ended four (4) consecutive fiscal quarters of Borrower for which, as of such day, (i) financial statements have actually been given to Lender (with respect to any quarter occurring prior to the effective date of this Agreement) or (ii) financial statements are required to have been given to Lender pursuant to this Agreement (with respect to all quarters occurring after the effective date of this Agreement) and (b) as of any day after the date that financial statements are initially required to have been given to Lender for Borrower's 1998 fiscal year end pursuant to this Agreement, the then most recently ended four (4) consecutive quarters of Borrower for which, as of such day, financial statements are required to have been given to Lender pursuant to this Agreement. Security Agreements shall mean, collectively, the Security Agreement dated concurrently herewith, executed by Borrower in favor of Lender as security for the Loans, covering all Accounts, Equipment, Inventory and General Intangibles now or hereafter owned by Borrower, and any and all security agreements hereafter executed in favor of Lender in connection with, or as security for the payment or performance of, any Credit Document, as any of them may from time to time be amended, modified, restated or supplemented. Security Documents shall mean, collectively, this Agreement, the Security Agreements, the Deed of Trust, all Financing Statements and any and all other agreements, deeds of trust, mortgages, chattel mortgages, security agreements, pledges, guaranties, assignments of production or proceeds of production, assignments of income, assignments of contract rights, assignments of partnership interests, assignments of royalty interests, assignments of performance, completion or surety bonds, standby agreements, subordination agreements, undertakings and other instruments and Financing Statements now or hereafter executed and delivered in connection with, or as security for the payment or performance of, any Credit Document, as any of them may from time to time be amended, modified, restated or supplemented.
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Related to Rolling Four

  • Rolling Forecast has the meaning set forth in Section 4.2.

  • Rolling Period means, as of any date, the four Fiscal Quarters ending on or immediately preceding such date.

  • Forecast shall have the meaning set forth in Section 4.2(a).

  • 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.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Planning Period Quarter means any of the following three month periods in the Planning Period: June, July and August; September, October and November; December, January and February; or March, April and May.

  • Rolling Three Month Delinquency Rate With respect to any Distribution Date, the fraction, expressed as a percentage, equal to the average of the Delinquency Rates for each of the three (or one and two, in the case of the first and second Distribution Dates, respectively) immediately preceding calendar months.

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

  • 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.

  • Semi-annual (2/Year) sampling frequency means the sampling shall be done during the months of June and December, unless specifically identified otherwise.

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Covenant Testing Period means a period (a) commencing on the last day of the fiscal quarter of Borrower most recently ended prior to a Covenant Trigger Event for which Borrower is required to deliver to Administrative Agent quarterly or annual financial statements pursuant to Section 5.2 of this Agreement, and (b) continuing through and including the first day after such Covenant Trigger Event that Availability has equaled or exceeded the greater of (i) 10% of the Borrowing Limit, and (ii) $15,000,000 for 60 consecutive calendar days.

  • School year means the period beginning July 1 and ending June 30 next following.

  • Twelve-Month Period means a twelve-month period ending on the first anniversary of the Effective Date or on each subsequent anniversary thereof.

  • Beginning farmer means an individual, partnership, family farm corporation, or family farm limited liability company, with a low or moderate net worth that engages in farming or wishes to engage in farming.

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • Month means a calendar month.

  • School fiscal year means a fiscal year that commences July 1 and continues through June 30.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • 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.

  • Daytime running lamp means a lamp facing in a forward direction used to make the vehicle more easily visible when driving during daytime.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1, or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • 12-Month Period means a rolling 12-month period measured backward from the date leave is taken and continuous with each additional leave day taken.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Yearly (1/Year) sampling frequency means the sampling shall be done in the month of September, unless specifically identified otherwise in the effluent limitations and monitoring requirements table.

  • Monthly Reporting Period The period, which period the Administrator has the right to change as provided in Section 3.05(d) of this Agreement, during which servicers report Mortgage payments to the Administrator, generally consisting of: