Operational Date means the date on which a union school district
Off-Peak Period means the period during which the demand on an electric utility system is not at or near its maximum. For the purpose of this section, the off-peak period includes all hours that are not in the peak period.
Excess Cash Flow Interim Period means, (x) during any Excess Cash Flow Period, any one, two, or three-quarter period (a) commencing on the later of (i) the end of the immediately preceding Excess Cash Flow Period and (ii) if applicable, the end of any prior Excess Cash Flow Interim Period occurring during the same Excess Cash Flow Period and (b) ending on the last day of the most recently ended fiscal quarter (other than the last day of the fiscal year) during such Excess Cash Flow Period for which financial statements are available and (y) during the period from the Closing Date until the beginning of the first Excess Cash Flow Period, any period commencing on the Closing Date and ending on the last day of the most recently ended fiscal quarter for which financial statements are available.
Service Date or "SD" means the date service is made available to the End User Customer. This also is referred to as the "Due Date."
Hire Date has the meaning given to it in Section 2.6(a).
Excess Cash Flow Period means each fiscal year of the Borrower commencing with and including the fiscal year ending December 31, 2018.
Measurement Date means the most recent Payment Date specified in the first column of the Cumulative Net Loss Rate Table.
Quarter Date means each of 31 March, 30 June, 30 September and 31 December.
Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;
Ending Date means the last day of each Offering Period.
Excess Cash Flow Application Date as defined in Section 2.12(c).
Peak Period means the time between 6 a.m. and 10 p.m. (April through September) or between 7 a.m. and 11 p.m. (October through March) on all days except Saturdays and Sundays, which daily time period will be subject to change from time to time at the Company's option. This change would occur after no less than ten (10) days notice has been given to all Customers who would be affected, and to the Commission.
Billing Date means the date upon which the monthly statement is generated and debited to the customer's account.
Testing Date means 31 December of each year.
Statement Date means each date designated as such in the Series Term Sheet.
Initial Date means the date of the closing of the Initial Offering of the Company.
Opening Date means the day on which we first authorize the opening of the facilities, Guest Rooms or services of the Hotel to the general public under the Brand.
Billing Commencement Date means the earlier of:
Very Low Income means income that is 50 percent or less of the area median income.
Ramp Period The Ramp Period shall begin on the Effective Date and continue for a period of 3 months following the Effective Date. Commencing with the Effective Date and at all times during the Ramp Period thereafter, Customer will receive the rates, discounts, charges and credits set forth herein and will not be subject to the AVC. Annual Volume Commitment (“AVC”): $360,000 in Total Service Charges (“AVC”) during each contract year of the Term (following the expiration of the Ramp Period).
Implementation Date means the date, occurring after the Approval Date, on which the Merger is implemented by the Merging Parties;
Fixed GAAP Date means the Issue Date; provided that at any time after the Issue Date, the Company may by written notice to the Trustee elect to change the Fixed GAAP Date to be the date specified in such notice, and upon such notice, the Fixed GAAP Date shall be such date for all periods beginning on and after the date specified in such notice.
Cash Flow Forecast means a 13-week cash flow forecast for the then applicable period, which shall include, among other things, anticipated cash collections and receipts and anticipated disbursements for each calendar week covered thereby.
Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.
Very low-income household means a household with a total gross annual household income equal to 30 percent or less of the median household income.
Formation Date has the meaning set forth in the Recitals hereof.