Test Period 1 definition

Test Period 1 means the third calendar quarter of 2012, or the period from July 1, 2012, to September 30, 2012;
Sample 1Sample 2Sample 3
Test Period 1 means the third calendar quarter of 2012, and references to subsequent Test Periods correspond to the subsequent calendar quarters (i.e., Test Period 2 means the fourth calendar quarter of 2012, Test Period 3 means the first calendar quarter of 2013, Test Period 4 means the second calendar quarter of 2013, and Test Period 5 and Test Period 6 are the Test Periods covered by this Report and they are the calendar quarters ending September 30, 2013 and December 31, 2013, respectively);
Sample 1

Examples of Test Period 1 in a sentence

  • Cl. 171, 183 (2011) (dismissing plaintiff’s claims for costs and fees for the instant suit as unripe).

  • Test Period 1Enhanced Coagulation SystemA failure occurred in the electrical control line from the enhanced coagulation system pH probe to the pH control acid dosing pump during Test Period 1.

  • Figures 4-5 and 4-6 present the on-line turbidity profile across the enhanced coagulation membrane system during Test Period 1 and 2, respectively.

  • Figures 4-7 and 4-8 present the particle count profile (2-3 um, 3-5 um, and 5-15 um, >15 um) collected during Test Period 1 and 2, respectively.

  • In fact, some of the original specific flux lost in Test Period 1 (winter/spring) was also recovered in Test Period 2 (summer/autumn), possibly due to the higher temperatures of the solution used for chemical cleaning.

  • The Head of Transportation Services reported that at the Cabinet meeting on 8th July 2003 Members had agreed to:-  Review the Park and Ride Service after it had operated over the short term summer contract  Terminate the main contract with Wilts and Dorset  Undertake minimal construction work until a date for full-time implementation of a Park and Ride service was introduced.

  • Similar to Test Period 1 and Test Period 2, as discussed in detail in the First Compliance Report, the SPF reviewed and evaluated the evidence provided by the IRG for Test Period 3 and Test Period 4 and was able to satisfy itself that the IRG’s procedures to validate each Loan Testing Population and the IRG’s sample selection process were reasonable.

  • The influent total coliform bacteria ranged from <2 to 50 MPN/100 mL during Test Period 1 and from<2 to 8 MPN/100 mL during Test Period 2.

  • Online TurbidimetersAt the start of Test Period 1, the flow rate to the Hach 1720D online turbidimeters was maintained at 500 mL per minute as per the manufacturers recommendation.

  • Parameter Unit Test Period [1] Air flow to baffle 2 increased during Test Period 2 to compensate for leak at baffle end.

Related to Test Period 1

  • Test Period on any date of determination, the period of four consecutive fiscal quarters of the Borrower (in each case taken as one accounting period) most recently ended on or prior to such date for which financial statements have been or are required to be delivered pursuant to Section 6.1.

  • Relevant Test Period With respect to any Loan, the relevant test period for the calculation of Net Senior Leverage Ratio, Interest Coverage Ratio, Total Net Leverage Ratio or EBITDA as applicable, for such Loan in accordance with the related Underlying Instruments or, if no such period is provided for therein, (i) for Obligors delivering monthly financial statements, each period of the last twelve (12) consecutive reported calendar months, and (ii) for Obligors delivering quarterly financial statements, each period of the last four (4) consecutive reported fiscal quarters of the principal Obligor on such Loan; provided that with respect to any Loan for which the relevant test period is not provided for in the related Underlying Instruments, if an Obligor is a newly-formed entity as to which twelve (12) consecutive calendar months have not yet elapsed, “Relevant Test Period” shall initially include the period from the date of formation of such Obligor to the end of the twelfth (12th) calendar month or fourth (4th) fiscal quarter (as the case may be) from the date of formation, and shall subsequently include each period of the last twelve (12) consecutive reported calendar months or four (4) consecutive reported fiscal quarters (as the case may be) of such Obligor.

  • Applicable Measurement Period means the most recently completed four consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available.

  • EBITDA Coverage Ratio defined as EBITDA divided by the aggregate of total interest expense plus the prior period current maturity of long-term debt and the prior period current maturity of subordinated debt.

  • Forecast Period means the period of three calendar months for which a Forecast is provided;

  • Maximum Leverage Ratio shall have the meaning assigned thereto in the Pricing Side Letter.

  • Maximum Annual Debt Service Requirement means, at any given time of determination, the greatest amount of principal, interest and Amortization Installments coming due in any current or future Bond Year with regard to the Series of Bonds for which such calculation is made; provided, the amount of interest coming due in any Bond Year shall be reduced to the extent moneys derived from the proceeds of Bonds are used to pay interest in such Bond Year.

  • Adjusted Leverage Ratio means, as of any date, the ratio of (a) Consolidated Total Funded Debt outstanding as of such date minus any Unrestricted Cash over $3,000,000 to (b) EBITDA for the period of four consecutive fiscal quarters ending on such date.

  • Interest Period End Date means the date or dates specified as such in, or determined in accordance with the provisions of, the Final Terms and, if an Applicable Business Day Convention is specified in the Final Terms, as the same may be adjusted in accordance with the Applicable Business Day Convention or, if the Applicable Business Day Convention is the FRN Convention and an interval of a number of calendar months is specified in the Final Terms as the Interest Accrual Period, such dates as may occur in accordance with the FRN Convention at such specified period of calendar months following the Interest Commencement Date (in the case of the first Interest Period End Date) or the previous Interest Period End Date (in any other case) or, if none of the foregoing is specified in the Final Terms, means the date or each of the dates which correspond with the Interest Payment Date(s) in respect of the Instruments.

  • Interest Period Date means each Interest Payment Date unless otherwise specified hereon.

  • Total Net Leverage Ratio means, as of any date of determination, the ratio, on a Pro Forma Basis, of (a) Consolidated Total Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed Test Period.

  • Measurement Period shall have the meaning specified in Section 14.01(b)(i).

  • Net Debt to EBITDA Ratio means the ratio of Net Debt to EBITDA for the then most recently concluded fiscal year, subject to adjustments for Asset Dispositions and investments made during the period.

  • Effective Leverage Ratio has the meaning set forth in the Statement.

  • Consolidated Total Net Leverage Ratio means, with respect to any Test Period, the ratio of (a) Consolidated Total Net Debt as of the last day of such Test Period to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries for such Test Period.

  • LTM EBITDA means Consolidated EBITDA of the Company measured for the period of the most recent four consecutive fiscal quarters ending prior to the date of such determination for which internal consolidated financial statements of the Company are available, in each case with such pro forma adjustments giving effect to such Indebtedness, acquisition or Investment, as applicable, since the start of such four quarter period and as are consistent with the pro forma adjustments set forth in the definition of “Fixed Charge Coverage Ratio.”

  • Funded Debt to EBITDA Ratio means on any date the ratio of (a) Total Indebtedness to (b) EBITDA for the period of four consecutive Fiscal Quarters ended on such date (or, if such date is not the last day of a Fiscal Quarter, ended on the last day of the Fiscal Quarter most recently ended prior to such date).

  • Net Total Leverage Ratio means on any date, the ratio of (A) (i) the sum of, without duplication, (x) the aggregate principal amount of any Consolidated Debt consisting of Loan Obligations outstanding as of the last day of the Test Period most recently ended as of such date (other than Excluded Transaction Debt) and (y) the aggregate principal amount of any other Consolidated Debt of the Borrower and its Subsidiaries as of the last day of such Test Period (other than Excluded Transaction Debt) less (ii) without duplication, the Unrestricted Cash and unrestricted Permitted Investments of the Borrower and its Subsidiaries as of the last day of such Test Period, to (B) EBITDA for such Test Period, all determined on a consolidated basis in accordance with GAAP; provided, that the Net Total Leverage Ratio shall be determined for the relevant Test Period on a Pro Forma Basis.

  • Cash Flow Leverage Ratio means as of the last day of any calendar quarter the ratio of the Total Funded Debt as of such day to Adjusted EBITDA for the four calendar quarters then ended.

  • Consolidated Net Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date, minus unrestricted cash and Cash Equivalents of the Loan Parties on deposit with financial institutions located in the United States, not to exceed $75,000,000 to (b) Consolidated EBITDA of the Borrower and its Restricted Subsidiaries on a consolidated basis for the most recently completed Measurement Period.

  • Adjusted EBITDA Margin means Adjusted EBITDA divided by operating revenue;

  • Maximum Annual Debt Service means, as of the date of any calculation, the largest Annual Debt Service during the current or any future Bond Year.

  • Consolidated Leverage Ratio means, as of any date of determination, the ratio of (a) Consolidated Funded Indebtedness as of such date to (b) Consolidated EBITDA for the most recently completed four fiscal quarters.

  • Anticipated total county revenue availability per student means the anticipated total county revenue availability for the county divided by the average daily membership of the county.

  • Total Debt to EBITDA Ratio means, as of the last day of any Fiscal Quarter, the ratio of (a) Total Debt as of that day minus the lesser of (i) Unrestricted Cash and (ii) $5,000,000 to (b) EBITDA for the Computation Period ending on that day.

  • Service credit year means an accumulation of months of