Monthly Fiscal Period means the following monthly fiscal periods of the Securitization Entities: (a) eight 4-week fiscal periods and four 5-week fiscal periods of the Securitization Entities in connection with their 52-week fiscal years and (b) eight 4-week fiscal periods, three 5-week fiscal periods and one 6-week fiscal period of the Securitization Entities in connection with their 53-week fiscal years, whereby the 6-week period is the last fiscal period in such fiscal year.
Monthly Fiscal Period means the following fiscal periods of the Securitization Entities: (a) with respect to each 52-week fiscal year of the Securitization Entities, the first 5-week fiscal period and the remaining two four-week fiscal periods in each Quarterly Fiscal Period and (b) with respect to each 53-week fiscal year of the Securitization Entities (i) one 5-week fiscal period and the remaining two four-week fiscal periods for each of the first three Quarterly Fiscal Periods in such fiscal year, and (ii) an initial 5-week fiscal period, the subsequent four-week fiscal period, and the xxxxx 0-week fiscal period in the fourth Quarterly Fiscal Period of such fiscal year.
Monthly Fiscal Period shall have the meaning given to such term in Section 3.5(c).
Examples of Monthly Fiscal Period in a sentence
The Issuer shall, and shall cause the Manager to, cause each Guarantor to deposit all Guarantor Collections into the Concentration Account within one Business Day after receipt (or calculation, in the case of Monthly Fiscal Period Company Restaurant Profits True-up Amounts and Monthly Fiscal Period Estimated Company Restaurant Profits Amounts) as a distribution by such Guarantor to the Issuer.
On a monthly basis, the Manager shall cause the Guarantors to pay the Monthly Fiscal Period Company Restaurant Profits True-up Amounts and Monthly Fiscal Period Estimated Company Restaurant Profits Amounts in accordance with the Indenture and other Transaction Documents.
Permit the Total Leverage Ratio as of the end of any Monthly Fiscal Period ending on or after the Closing Date to be greater than 5.25 to 1.00.
Product Sourcing Advances will accrue interest at the Advance Interest Rate from the end of the Monthly Fiscal Period following the Monthly Fiscal Period in which such Product Sourcing Advance was made.
Business Development Transaction Advances that have not been reimbursed by the end of the Monthly Fiscal Period following the Monthly Fiscal Period in which the related Business Development Transaction is completed will accrue interest at the Advance Interest Rate.
More Definitions of Monthly Fiscal Period
Monthly Fiscal Period means each calendar month.
Monthly Fiscal Period. Minimum Interest Coverage Ratio ---------------------- ------------------------------- Monthly Fiscal Periods ending in Annual 2.05:1.00 Fiscal Periods 2003 through 2006 Monthly Fiscal Periods ending in Annual Fiscal Period 2007 and 2.00:1.00 thereafter
Monthly Fiscal Period. Maximum Total Leverage Ratio ---------------------- ---------------------------- Monthly Fiscal Period ending in Annual Fiscal 4.65:1.00 Period 2003 Monthly Fiscal Periods ending in Annual Fiscal 4.50:1.00 Period 2004 Monthly Fiscal Periods ending in Annual Fiscal 4.45:1.00 Period 2005 Monthly Fiscal Periods ending in Annual Fiscal 4.65:1.00 Period 2006 Monthly Fiscal Periods ending in Annual Fiscal 4.60:1.00 Period 2007 and thereafter OR
Monthly Fiscal Period means the following monthly fiscal periods of the Securitization Entities: (a) with respect to each of the months in the fiscal quarters in the Securitization Entities’ 52-week fiscal years, one four-week fiscal period, followed by a five-week fiscal period, followed by a four-week fiscal period and (b) (i) with respect to each of the months in the first three fiscal quarters in the Securitization Entities’ 53-week fiscal years, one four-week fiscal period, followed by a five-week fiscal period, followed by a four-week fiscal period, and (ii) with respect to each of the months contained the last fiscal quarter in the Securitization Entities’ 53-week fiscal year, one four-week fiscal period followed by two five-week fiscal periods.
Monthly Fiscal Period means the following monthly fiscal periods of the Securitization Entities: (a) eight 4-week fiscal periods and four 5-week fiscal periods of the Securitization Entities in connection with their 52-week fiscal years and (b) eight 4-week fiscal periods, three 5-week fiscal periods and one 6-week fiscal period of the Securitization Entities in connection with their 53-week fiscal years, whereby the 6-week period is the last fiscal period in such fiscal year. Annex A-32
Monthly Fiscal Period. Maximum Senior Leverage Ratio ---------------------- ----------------------------- Monthly Fiscal Period ending in Annual Fiscal 1.95:1.00 Period 2003 Monthly Fiscal Periods ending in Annual Fiscal 1.85:1.00 Period 2004 Monthly Fiscal Periods ending in Annual Fiscal 1.75:1.00 Period 2005 Monthly Fiscal Periods ending in Annual Fiscal 1.95:1.00 Period 2006 Monthly Fiscal Periods ending in Annual Fiscal 1.90:1.00 Period 2007 Monthly Fiscal Periods ending in 1.95:1.00 Annual Fiscal Period 2008 and thereafter Payments of Dividends on the Capital Stock of Holdings may resume on any Dividend Payment Date if on the last day of the second Monthly Fiscal Period ending immediately preceding such Dividend Payment Date, (x) the Interest Coverage Ratio is greater than the level set forth above and the Total Leverage Ratio and the Senior Leverage Ratio are less than the levels set forth above, all on a subsequent Dividend Payment Date and (y) all conditions set forth in Section 6.16(e) have been satisfied.
Monthly Fiscal Period. Maximum Senior Leverage Ratio Monthly Fiscal Period ending in 1.95:1.00 Annual Fiscal Period 2003 Monthly Fiscal Periods ending in 1.85:1.00 Annual Fiscal Period 2004 Monthly Fiscal Periods ending in 1.75:1.00 Annual Fiscal Period 2005 Monthly Fiscal Periods ending in 1.95:1.00 Annual Fiscal Period 2006 Monthly Fiscal Periods ending in 1.90:1.00 Annual Fiscal Period 2007 Monthly Fiscal Periods ending in 1.95:1.00 Annual Fiscal Period 2008 and thereafter Payments of Dividends on the Capital Stock of Holdings may resume once (x) the Interest Coverage Ratio is greater than the level set forth above and the Total Leverage Ratio and the Senior Leverage Ratio are less than the levels set forth above, all on a subsequent Dividend Payment Date and (y) all conditions set forth in Section 6.16(e) have been satisfied.