Examples of Subject Month in a sentence
As long as any Commitments or Obligations are outstanding, for each month ending during or immediately before any Trigger Period (each such month, a “Subject Month”), Borrowers shall maintain a Fixed Charge Coverage Ratio, when measured on a trailing twelve (12) month basis (or, in the case of any Subject Month ending prior to the first anniversary of the Closing Date, when measured for the period from the Closing Date through the end of such Subject Month), of at least 1.0 to 1.0.
On or as soon as practicable following the first business day of each month (the “Purchase Date”), the Company shall issue that number of whole shares of Common Stock obtained by dividing the Remittance for the preceding calendar month (the “Subject Month”) by 85% of the average of the highest and lowest per share price of the Common Stock during the Subject Month and rounding upward (the “Purchase Price”) if necessary so that only whole shares are issued.
The contract stated Plaintiff would be paid at an hourly rate of $65 and would be compensated for the “[t]otal clinical hours worked during the Subject Month multiplied by the Hourly Rate.” Id. ¶ 17.
The Company shall provide the first Company Monthly Budget to Parent upon the execution of this Agreement and all subsequent Company Monthly Budgets at least ten calendar days prior to the beginning of the next Subject Month.
While acknowledging the limitations of the poverty monitoring arrangements, the Region pointed out that its projects were aimed at enhancing agricultural growth and hence poverty alleviation indirectly.