Applicable Measurement Period definition

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.

Applicable Measurement Period means the most recently ended four fiscal quarters immediately preceding the Applicable Calculation Date for which internal financial statements are available.

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

Examples of Applicable Measurement Period in a sentence

• Domenick’s invoice also included charges totaling $5700 for printing additional solicitation materials, in- serting them into the brochures, and mailing the bro- chures to Bella Masonry’s prospective customers.

• The Additional Purchase Price, if any, shall be payable to Seller in immediately available funds by May 31, 1999 with respect to Measurement Period I, and within 60 days after Seller's election to use an Applicable Measurement Period with respect to Measurement Periods II, III and IV.

• Seller's failure to notify Buyer of Seller's election to use such Applicable Measurement Period within such thirty (30) days shall be deemed to be an election not to use such Applicable Measurement Period.

• If Actual EBITDA exceeds Forecasted EBITDA for the elected Applicable Measurement Period, then the amount of such excess shall be divided by 2 to obtain the average annual excess EBITDA; such quotient so calculated shall be multiplied by 8.1; and, the product so calculated shall be divided by 2; such quotient less any amount paid to Seller by Buyer pursuant to Section 3.3.2.2 shall be the Additional Purchase Price payable to Seller.

• EBITDA of such Person for the Applicable Measurement Period to (2) the Fixed Charges of such Person for Applicable Measurement Period.

More Definitions of Applicable Measurement Period

Applicable Measurement Period means, as the context requires, the three year periods (i) from 2012 through 2014, and (ii) from 2013 through 2015, and (iii) from 2014 through 2016.

Applicable Measurement Period in effect at any time means the Issuer’s most recently ended four fiscal quarters immediately preceding the applicable date of determination for which internal financial statements are available (as determined in good faith by the Issuer).

Applicable Measurement Period in effect at any time means the Issuer’s most recently ended four fiscal quarters immediately preceding the applicable date of determination for which internal financial statements are available (as determined in good faith by the Issuer). For purposes of calculating the “Aggregate Net Availability Debt” test contemplated by clause (10) of the definition of “Permitted Liens”, Section 1011(a)(12) and Section 1012(c), Investments, acquisitions, dispositions, mergers, consolidations and disposed operations (as determined in accordance with GAAP) that have been made by the Issuer or any Subsidiary of the Issuer during the Applicable Measurement Period or subsequent to such Applicable Measurement Period and on or prior to or simultaneously with the applicable date of determination shall be calculated on a pro forma basis assuming that all such Investments, acquisitions, dispositions, mergers, consolidations and disposed operations (and the change in any associated Aggregate Net Availability Debt and the change in EBITDA resulting therefrom) had occurred on the first day of the Applicable Measurement Period. If since the beginning of such period any Person that subsequently became a Subsidiary of the Issuer or was merged with or into the Issuer or any Subsidiary of the Issuer since the beginning of such period shall have made any Investment, acquisition, disposition, merger, consolidation or disposed operation that would have required adjustment pursuant to this definition, then the applicable amount shall be calculated giving pro forma effect thereto for such Applicable Measurement Period as if such Investment, acquisition, disposition, merger, consolidation or disposed operation had occurred at the beginning of the Applicable Measurement Period.

Applicable Measurement Period means the period of time since the last day investment credit had been previously allocated on the Participant's Change in Control Cash Account Balance under Section 5.2.

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

Applicable Measurement Period means, with respect to any calculation of the Billed Dilution Reserve or the Unbilled Dilution Reserve (and the applicable Dilution Reserve Ratio with respect thereto), the most recently completed twelve-month period, or, at the option of the Administrative Agent in its Permitted Discretion, any lesser period of between one and twelve months.

Applicable Measurement Period means the most recently completed eight consecutive fiscal quarters of the Issuer immediately preceding the Applicable Calculation Date for which internal financial statements are available. When used in reference to (x) a measurement of Consolidated EBITDA, the Consolidated EBITDA for such Applicable Measurement Period shall be measured as the Consolidated EBITDA for such eight consecutive fiscal quarters, divided by two and (y) a measurement of the Consolidated Secured Debt Ratio, the Consolidated Total Debt Ratio or the Fixed Charge Coverage Ratio, the applicable ratio shall be calculated using the Consolidated EBITDA (in the numerator or the denominator, as applicable) for such eight consecutive fiscal quarters, divided by two.