Applicable Measurement Date definition

Applicable Measurement Date means, with respect to a date of determination during an Interest Period, the close of business on the last day of the Collection Period immediately preceding the first day of such Interest Period.

Applicable Measurement Date means (a) for all Loans outstanding on the Second Amendment Effective Date, the Second Amendment Effective Date and (b) for any Delayed Draw Term Loans made after the Second Amendment Effective Date, the date on which such Delayed Draw Term Loans are made to the Borrower.

Applicable Measurement Date means, (i) for purposes of calculating the Closing Revenue Run Rate (A) prior to the Closing (including for purposes of Sections 2.03 and 9.01(c)), the Closing Measurement Date and (B) after the Closing (including for purposes of Sections 2.06 and 2.07), the Closing Date and (ii) for purposes of calculating the Late Consent Revenue Run Rate (including for purposes of Section 2.07), the Closing Date.

Examples of Applicable Measurement Date in a sentence

• Benefit accruals that had been limited under (a) above shall be automatically restored as of the Applicable Measurement Date that the limitation ceases to apply.

• If a limitation on Prohibited Payments under (b) above applied to the plan as of an Applicable Measurement Date, but that limit no longer applies as of a later Applicable Measurement Date, the limitation on Prohibited Payments does not apply to benefits with Annuity Starting Dates that are on or after that later Applicable Measurement Date.

• If the AFTAP for a Plan Year is less than 60%, benefit accruals under this plan will cease as of the Applicable Measurement Date in accordance with Regulations Section 1.436-1(e).

• If the AFTAP for a Plan Year is less than 60%, a Participant or Beneficiary may not elect an optional form of benefit payment that includes a Prohibited Payment, and the plan will not pay any Prohibited Payment, with an Annuity Starting Date that is on or after the Applicable Measurement Date.

• For purposes hereof, the Market Value of the Restricted Stock Time-Based Bonus issuable for any Fiscal Year shall be determined utilizing an Applicable Measurement Date which is the last day of such Fiscal Year on which stock of Parent is traded (as set forth in Section 4(c) hereof).

• Borrower and its Subsidiaries on a consolidated basis shall not have a Tangible Net Worth, as of the last day of each fiscal quarter (each such day, the “Applicable Measurement Date”), of less than (i) $185,000,000 plus (ii) 80% of the net cash equity proceeds arising from the sale or issuance of Equity Interests of Borrower or any of its Subsidiaries made during the period from May 31, 2013 through the Applicable Measurement Date.

• The Company will deliver a notice to WB promptly following the MSA Termination Date or promptly following the 2010 FTE Measurement Date, as applicable (in each case, provided that a Qualified Initial Public Offering shall have occurred prior thereto), which notice shall set forth the Company’s calculation of the Index Differential as of the Applicable Measurement Date (the “Index Differential Calculation”).

More Definitions of Applicable Measurement Date

Applicable Measurement Date means, (a) with respect to any Loans or Aggregate Commitments terminated in connection with a Commitment Termination Event occurring on or after the Tranche 1 Funding Date, the Tranche 1 Funding Date and (b) with respect to Aggregate Commitments terminated in connection with a Commitment Termination Event occurring on or after the Closing Date but prior to the Tranche 1 Funding Date, the Closing Date.

Applicable Measurement Date means the last day of each Accounting Period in the Borrower's fiscal year.

Applicable Measurement Date means (i) the 2010 FTE Measurement Date, when calculating the 2011 Cash Payment, and (ii) the MSA Termination Date, when calculating the Early Termination Cash Payment.

Applicable Measurement Date means, with respect to each Applicable Year, the earlier date of (i) ten (10) business days following the completion of the audit of VitroTech annual financial statements with respect to an Applicable Year, or (ii) April 15 of the year immediately following an Applicable Year.

Applicable Measurement Date means, with respect to a particular Primary Customer Contract, the earlier of (i) the date identified on Exhibit A-1 or (ii) the date on which NaviSite enters into a new agreement with the respective customer, including any material amendment or extension regarding the financial terms or the term of the current Primary Customer Contract. "LOST REVENUE" shall mean, with respect to a particular Primary Customer Contract, an amount equal to fifty percent (50%), or seventy-five percent (75%) with respect to a Primary Customer Contract identified with an asterisk on Exhibit A-1 hereto, of the remaining gross revenues that such customer would have been obligated to pay under such Primary Customer Contract (as set forth on Exhibit A-1) for the duration of the remaining term of such Primary Customer Contract (as set forth on Exhibit A-1) had the Primary Customer Contract not been terminated (the "BASE AMOUNT"); provided that the aggregate amount of any other revenue that such customer becomes contractually obligated to pay to NaviSite as a result of an amendment, extension or new contract entered into between the customer and NaviSite shall be deducted from such Base Amount.