Test Period definition

Test Period means, on any date of determination, the period of four consecutive fiscal quarters of the Borrower then most recently ended (taken as one accounting period).
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 for which financial statements have been or are required to be delivered pursuant to Section 6.01(a) or 6.01(b).
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); it being understood and agreed that prior to the first delivery of financial statements of Section 5.01(a), “Test Period” means the period of four consecutive Fiscal Quarters in respect of which financial statements were delivered pursuant to Section 4.01(c).

Examples of Test Period in a sentence

  • Therefore, a determination of unsatisfactory performance during the Working Test Period shall be tantamount to a failure of the competitive exam.

  • A working test period may, with the approval of the Commissioner of Administrative Services or his/her designee, be extended on an individual basis subject to the terms of the Department of Administrative Services General Letter #31 Working Test Period Extensions.

  • The six (6) month Working Test Period shall be deemed an extension of the examination process.


More Definitions of Test Period

Test Period means, for any determination under this Agreement, the four consecutive fiscal quarters of the Borrower then last ended.
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 period of four consecutive fiscal quarters of the Company then last ended.
Test Period means, at any time, subject to Section 1.06, the four consecutive fiscal quarters of Holdings then last ended (in each case taken as one accounting period) for which financial statements have been or were required to be delivered pursuant to Section 5.01(a) or (b).
Test Period means a period of four consecutive Fiscal Quarters.
Test Period means the four consecutive fiscal quarter period most recently ended for which financial statements are available.
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.