Preceding Period definition

Preceding Period means, with respect to any acquisition or ------------------ disposition, the last four completed fiscal quarters preceding the date on which the acquisition or disposition is consummated.
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Preceding Period means, with respect to any Person, as of the date of determination, the most recently completed four fiscal quarters of such Person, PROVIDED, that any calculations made with reference to a fiscal period of the Borrower or any Subsidiary thereof ending on or prior to September 30, 1997 shall be made on a Pro-Forma Basis.
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Preceding Period means, with respect to any acquisition or ---------------- potential acquisition, the three hundred sixty-five (365) days preceding the date on which the acquisition is consummated.
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Examples of Preceding Period in a sentence

  • The total amount of capital surplus reserve and earned surplus reserve accumulated until the Immediately Preceding Period; 3.

  • The ratio of Indebtedness for Money Borrowed to EBITDA for the Preceding Period to be more than 3.25 to 1.0.

  • During Preceding Period, there has been no failure or breakdown of any core information technology systems of either Seller Group Member that have resulted in a material disruption or material interruption in the operation of the Business.

  • The Minimum Annual Other Product Royalty shall be increased or decreased for each succeeding Contract Year in proportion to the annual change indicated on The Bureau of Economic Analysis National Income and Product Accounts Table “Percent Change from Preceding Period in Real Gross Domestic Product” for the most recently ended Contract Year.

  • Seller is, and during the Preceding Period has been, operating in compliance with all applicable Information Privacy and Security Laws, including, without limitation, with respect to the presentation of consents with respect to the Business, except where the failure to operate in compliance would not have a Material Adverse Effect.

  • During the Preceding Period, neither Seller Group Member has violated in any material respect or received any written notice alleging that any violation has occurred under any employment contract or proprietary information agreement with any Business Employee.

  • During the Preceding Period, Seller has maintained adequate records as required by applicable Information Privacy and Security Laws, including with respect to Seller’s privacy policies and as to express consent, opt-in or opt-out information.

  • The “Minimum Annual Royalty” shall apply to all Royalties and be Five Million Five Hundred Thousand Dollars ($5,500,000) for the first Contract Year, and shall be increased or decreased for each succeeding Contract Year in proportion to the annual change indicated on The Bureau of Economic Analysis National Income and Product Accounts Table “Percent Change from Preceding Period in Real Gross Domestic Product” for the most recently ended Contract Year.

  • During the Preceding Period, Seller has timely withheld and timely paid all material Taxes required to have been withheld and paid by it in connection with amounts paid or owing to any employee, independent contractor, creditor, supplier, equityholder or other Person.

  • During the Preceding Period, no deficiency or adjustment for material Taxes with respect to the Business has been claimed, proposed, asserted or assessed by any Taxation Authority in writing.


More Definitions of Preceding Period

Preceding Period means the five (5) year period ended as of the Agreement Effective Date.
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Preceding Period means, with respect to any Person, as of the date of determination, the most recently completed four fiscal quarters of such Person.
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Related to Preceding Period

  • Preceding year means a period of 12 consecutive months fixed by the division

  • Waiting Period shall have the meaning set forth in Section 2.2.

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • Valuation Period shall have the meaning specified in Section 14.04(c).

  • Interest Calculation Period means the period or periods for the calculation of the interest shown on the mortgage form;

  • Elimination Period means the period of 6 months beginning on the date You become Disabled.

  • 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.

  • Accumulation Period Factor means, for any Collection Period, a fraction with:

  • Billing Period means (subject to Article 6.1 of the Agreement) the calendar month ending with the Metering Date. The first Billing Period shall commence from the Commercial Operation Date and end with the Metering Date corresponding to the month in which the Commercial Operation Date occurs.

  • Retention Period means the minimum time that must pass after the creation, recording, or receipt of a record, or the fulfillment of certain actions associated with a record, before it is eligible for destruction.

  • Operating Period means the period commencing from the Commercial Operation Date, until the last day of the Term of this Agreement or date of earlier termination of this Agreement in accordance with Article 2 of this Agreement;

  • Rolling Period means, as of any date, the four Fiscal Quarters ending on or immediately preceding such date.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Auction Period means the dates during which the Test the Waters Auction is held and ending on the last day of the Test the Waters Auction.

  • Evaluation Period bears the meaning ascribed thereto in Section 7.4(d)(i);

  • Subsequent Reset Period means the period from (and including) the Second Reset Date to (but excluding) the next Subsequent Reset Date, and each successive period from (and including) a Subsequent Reset Date to (but excluding) the next succeeding Subsequent Reset Date; and

  • Nomination Period means a period of time that Customer includes in a nomination for gas service.

  • Determination Period means each period from (and including) a Determination Date to (but excluding) the next Determination Date (including, where either the Interest Commencement Date or the final Interest Payment Date is not a Determination Date, the period commencing on the first Determination Date prior to, and ending on the first Determination Date falling after, such date); and

  • Trading Period means the term as defined in the NEPOOL GIS Operating Rules.

  • Funding Period means the period beginning on the Closing Date and ending on the first to occur of (a) the Distribution Date on which the amount on deposit in the Pre-Funding Account (after giving effect to any transfers therefrom in connection with the transfer of Subsequent Contracts to the Trust on such Distribution Date) is less than $150,000, (b) the date on which an Event of Termination occurs, (c) the date on which an Insolvency Event occurs with respect to the Trust Depositor and (d) the close of business on the date which is 90 days from and including the Closing Date.

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Termination Period means the period of time beginning with a Change in Control and ending on the earlier to occur of:

  • 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.

  • Three-Year Period means, with respect to a Restatement, the three completed fiscal years immediately preceding the date that the Board, a committee of the Board, or the officer or officers of the Company authorized to take such action if Board action is not required, concludes, or reasonably should have concluded, that the Company is required to prepare such Restatement, or, if earlier, the date on which a court, regulator or other legally authorized body directs the Company to prepare such Restatement. The “Three-Year Period” also includes any transition period (that results from a change in the Company’s fiscal year) within or immediately following the three completed fiscal years identified in the preceding sentence. However, a transition period between the last day of the Company’s previous fiscal year end and the first day of its new fiscal year that comprises a period of nine to 12 months shall be deemed a completed fiscal year.