Test Period Ending definition

Test Period Ending. Ratio: ------------------ ----- 04/30/1999 5.50x 07/31/1999 5.50x 10/31/1999 5.25x 01/31/2000 5.25x 04/30/2000 5.00x 07/31/2000 5.00x 10/31/2000 4.75x 01/31/2001 4.50x 04/30/2001 4.50x 07/31/2001 4.25x 10/31/2001 4.00x 01/31/2002 4.00x 04/30/2002 3.75x 07/31/2002 3.50x 10/31/2002 3.25x 01/31/2003 3.25x 04/30/2003 3.00x 07/31/2003 3.00x 10/31/2003 2.75x 01/31/2004 2.75x 04/30/2004 2.75x 07/31/2004 2.75x 10/31/2004 2.75x 01/31/2005 and the last day of 2.75x each Fiscal Quarter thereafter
Sample 1Sample 2
Test Period Ending. Ratio: ------------------ ----- 09/30/2000 5.80x 12/31/2000 6.00x 03/31/2001 6.10x 06/30/2001 6.25x 09/30/2001 5.85x 12/31/2001 5.60x 03/31/2002 3.75x 06/30/2002 3.50x 09/30/2002 3.25x 12/31/2002 3.25x 03/31/2003 3.00x 06/30/2003 3.00x -4-
Sample 1
Test Period Ending. Interest Coverage Ratio September 1, 2006 - December 25, 2007 1.50 to 1.0 December 26, 2007 - December 30, 2008 1.60 to 1.0 December 31, 2008 - December 29, 2009 1.65 to 1.0 December 30, 2009 - June 29, 2010 1.70 to 1.0 June 30, 2010 and thereafter 1.75 to 1.0
Sample 1

Examples of Test Period Ending in a sentence

  • OSBA Recommended Increases in Wastewater Revenues, by Customer Class(Future Test Period Ending March 31, 2023) Present Recomm.

  • Re-establishment of service may be made only upon the execution of a new contract.

  • The Parent shall not permit the Consolidated Secured Leverage Ratio as of the last day of any Test Period set forth below to be greater than the ratio set forth below opposite such period: Test Period Ending Maximum Consolidated Secured Leverage Ratio March 31, 2020 4.50 to 1.00 June 30, 2020 N/A September 30, 2020 N/A December 31, 2020 N/A March 31, 2021 5.50 to 1.00 June 30, 2021 5.00 to 1.00 September 30, 2021 4.75 to 1.00 December 31, 2021 4.50 to 1.00 March 31.

  • The Borrower will not permit Consolidated EBITDA for any Test Period ending on or about the date specified in the table below to be less than the amount specified in such table opposite such date: Test Period Ending Amount ------------------ ------ June 30, 1997.

  • The Borrower will not permit the ratio of (a) Consolidated EBITDA of the Borrower for any Test Period ended on or about a date specified in the table below to (b) Consolidated Interest Expense of the Borrower for any Test Period ended on or about a date specified in the table below (provided, however in the case of periods ending on March 31, June 30, or Test Period Ending Ratio ------------------ ----- March 31, 1998 ............................................

  • The Borrower will not permit the ratio of (a) Consolidated EBITDA of Holdings for any Test Period ended on or about a date specified in the table below to (b) Consolidated Interest Expense of Holdings for such Test Period, to be less than the ratio set forth opposite such date in such table: Test Period Ending Ratio ------------------------- June 30, 1997.

  • Lead on the co-ordination of ICT activity across the Bank, actively prioritizing competing program and projects and allocating available resources effectively to drive greatest return on investment.

  • Inhalation (Breathing):Formaldehyde is highly irritating to the upper respiratory tract and eyes.

  • OSBA Recommended Act 11 Revenue Credits, by Wastewater Division(Future Test Period Ending March 31, 2023) OSBA TotalRecomm.% ofClaimed Rev.Act 11TotalAQUA PENNSYLVANIA WASTEWATER, INC.

  • OSBA Recommended Increases in Wastewater Revenues, by Wastewater Division(Future Test Period Ending March 31, 2023) Present Recomm.


More Definitions of Test Period Ending

Test Period Ending. Ratio: ------------------ ------ 10/31/96 4.167x 01/31/97 4.083x 04/30/97 4.000x 07/28/97 3.875x 10/31/97 3.750x 01/31/98 3.625x 04/30/98 3.500x 07/28/98 3.375x 10/31/98 3.250x 01/31/99 3.150x 04/30/99 3.100x and the last day of each Fiscal Quarter thereafter 8.12 LIMITATION ON VOLUNTARY PAYMENTS AND MODIFICATIONS OF INDEBTEDNESS; MODIFICATIONS OF CERTIFICATE OF INCORPORATION, BY-LAWS AND CERTAIN OTHER AGREEMENTS; ISSUANCES OF CAPITAL STOCK; ETC. The Company will not, and will not permit any of its Subsidiaries to:
Sample 1
Test Period Ending. Leverage Ratio December 28, 2011 - December 25, 2012 6.25 to 1.0 December 26, 2012 - December 31, 2013 6.00 to 1.0 January 1, 2014 - December 30, 2014 5.75 to 1.0 December 31, 2014 - December 29, 2015 5.50 to 1.0 December 30, 2015 - December 27, 2016 5.00 to 1.0 December 28, 2016 and thereafter 4.75 to 1.0
Sample 1
Test Period Ending. Ratio: ------------------ ----- 09/30/2003 2.75x 12/31/2003 and the last day of each 2.75x Fiscal Quarter thereafter "
Sample 1
Test Period Ending. Maximum Net Leverage Ratio (Pre-Delayed Draw Term Loans) Maximum Net Leverage Ratio (Post-Delayed Draw Term Loans) June 30, 2021 4.89 to 1.00 6.85 to 1.00 September 30, 2021 4.50 to 1.00 6.31 to 1.00 December 31, 2021 4.19 to 1.00 5.87 to 1.00 March 31, 2022 3.54 to 1.00 4.96 to 1.00 June 30, 2022 3.10 to 1.00 4.33 to 1.00 September 30, 2022 3.00 to 1.00 3.60 to 1.00 December 31, 2022 3.00 to 1.00 3.60 to 1.00 March 31, 2023 3.00 to 1.00 3.35 to 1.00 June 30, 2023 3.00 to 1.00 3.10 to 1.00 September 30, 2023 and thereafter 3.00 to 1.00 3.00 to 1.00
Sample 1
Test Period Ending. Amounts: March 31, 2008 and each fiscal quarter-end thereafter $ 90,000,000
Sample 1
Test Period Ending. Amounts: June 30, 2005 $31,776,000 September 30, 2005 $37,689,854 Test Period Ending: Amounts: December 31, 2005 $39,083,512 March 31, 2006 $45,000,000 June 30, 2006 $50,000,000 September 30, 2006 $50,000,000 December 31, 2006 $50,000,000 March 31, 2007 $50,000,000 June 30, 2007 $50,000,000 September 30, 2007 $50,000,000 December 31, 2007 $50,000,000 March 31, 2008 and each fiscal quarter-end thereafter $45,000,000
Sample 1

Related to Test Period Ending

  • 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).

  • 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.

  • 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.

  • 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.

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

  • 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.

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

  • Baseline Period means the 12-month period immediately preceding October 30, 2016.

  • 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.

  • Measurement Period means, at any date of determination, the most recently completed four fiscal quarters of the Borrower.

  • 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.”

  • Pro Forma EBITDA means, for any period, the Consolidated EBITDA of the Issuer and the Restricted Subsidiaries, provided that for the purposes of calculating Pro Forma EBITDA for such period, if, as of such date of determination:

  • Mid-Month Receipt Period With respect to each Distribution Date, the one month period beginning on the Determination Date (or, in the case of the first Distribution Date, from and including the Cut-Off-Date) occurring in the calendar month preceding the month in which such Distribution Date occurs and ending on the day preceding the Determination Date immediately preceding such Distribution Date.

  • Development Period Security shall have the meaning set forth in Section 6.1(a) hereof.

  • Pro Forma Debt Service means with respect to the Borrower and the Restricted Subsidiaries, on a consolidated basis, with respect to the next succeeding complete twelve (12) month period following the calculation date, and after giving effect to any Interest Rate Hedge Agreements and Eurodollar Advances, the amount of all (i) scheduled payments of principal on Indebtedness for Money Borrowed for such period (including imputed principal payments with respect to Capitalized Lease Obligations), determined on the basis of the aggregate amount of Indebtedness for Money Borrowed outstanding as of the date of calculation and giving effect to any mandatory reductions in the Commitments and the operation of the other terms of this Agreement (or other instruments or agreements governing Indebtedness for Money Borrowed) during such next succeeding twelve (12) month period, (ii) cash interest payable (including imputed interest with respect to Capitalized Lease Obligations) with respect to Indebtedness for Money Borrowed of such Persons, (iii) fees payable under this Agreement and the other Loan Documents (but specifically excluding fees paid during previous periods but amortized during such period in accordance with GAAP), and (iv) other payments (including fees) payable by such Persons during such period in respect of Indebtedness for Money Borrowed (other than voluntary prepayments under Section 2.7 hereof). For purposes of this definition, where interest payments for the twelve (12) month period immediately succeeding the calculation date are not fixed by way of Interest Rate Hedge Agreements, Eurodollar Advances, or otherwise for the entire period, interest shall be calculated on such Indebtedness for Money Borrowed for periods for which interest payments are not so fixed at the Eurodollar Basis (as determined on the date of calculation and based on the then current adjustment under Section 2.3(f) hereof) for a Eurodollar Advance having an Interest Period of twelve (12) months; provided, however, that if such Eurodollar Basis cannot be determined in the reasonable opinion of the Administrative Agent, such interest shall be calculated using the Base Rate Basis as then in effect.

  • Fiscal Quarters means the period from January 1 to March 31, April 1 to June 30, July 1 to September 30 and October 1 to December 31 of the applicable year.

  • 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 for such Test Period.

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

  • Consolidated Debt Service Coverage Ratio means, as of any date of determination, the ratio of (a) the sum of (i) Consolidated EBITDA for the most recently completed four fiscal quarters minus (ii) income taxes payable for such period minus (iii) Consolidated Capital Expenditures for such period to (b) the sum of (i) Consolidated Interest Charges for such period plus (ii) Consolidated Scheduled Funded Debt Payments for such period.

  • Average Delinquency Ratio on any Payment Date means the average of the Delinquency Ratios for the preceding three calendar months.

  • Period End Date The 15th day of each calendar month, with Adjustment. Fixed Rate: [ ]%. Fixed Rate Day Count Fraction: 30/360. Floating Amounts: Floating Rate Payer: [ ]. Floating Rate Payer Payment Dates: The 15th day of each calendar month commencing on [ ], subject to adjustment in accordance with the Following Business Day Convention.