Test Period definition
Test Period means, as of any date, the period of four consecutive Fiscal Quarters then most recently ended for which financial statements under Section 5.01(a) or Section 5.01(b), as applicable, have been delivered (or are required to have been delivered).
Test Period means each period of four consecutive fiscal quarters then last ended, in each case taken as one accounting period.
Test Period means, for any date of determination under this Agreement, the latest four consecutive fiscal quarters of the Borrower for which financial statements have been delivered to the Administrative Agent on or prior to the Closing Date and/or for which financial statements are required to be delivered pursuant to Section 6.01, as applicable.
Examples of Test Period in a sentence
The Borrower will not permit the Consolidated Fixed Charge Coverage Ratio for any Test Period to be less than 1.20:1.00.
More Definitions of Test Period
Test Period means the period of four consecutive Fiscal Quarters most recently ended for which financial statements of the Borrower are available.
Test Period means, for any determination under this Agreement, the four consecutive fiscal quarters of the Borrower then last ended.
Test Period means on any date of determination, the period of four consecutive fiscal quarters of the Company (taken as one accounting period) then most recently ended for which internal financial statements are available immediately preceding the date on which the action for which such calculation is being made shall occur.
Test Period means, for any determination under this Agreement, the four consecutive fiscal quarters of the Borrower most recently ended on or prior to such date of determination and for which Section 9.1 Financials shall have been delivered (or were required to be delivered) to the Administrative Agent (or, before the first delivery of Section 9.1 Financials, the most recent period of four fiscal quarters at the end of which financial statements are available).
Test Period means, at any date of determination, the most recently completed four consecutive fiscal quarters of the Borrower ending on or prior to such date.
Test Period means a period of four consecutive Fiscal Quarters.
Test Period means, at any date of determination, the period of four consecutive fiscal quarters of the Company then last ended.