Quarterly Testing Date definition

Quarterly Testing Date means the last day of each Fiscal Quarter.
Quarterly Testing Date means 31 March, 30 June, 30 September and 31 December in each year starting on 30 September 2020.”
Quarterly Testing Date means the last day of each Fiscal Quarter. “Rating Agency” means Fitch, S&P or Moody’s.

Examples of Quarterly Testing Date in a sentence

  • Until the first occurrence of an Investment Grade Event, as of each Quarterly Testing Date commencing with September 30, 2024, the Interest Coverage Ratio shall not be less than 2.25 to 1.00.

  • As of each Quarterly Testing Date, commencing with September 30, 2024, (i) before the first occurrence of an Investment Grade Event, the Net Leverage Ratio will not exceed 5.50 to 1.00 and (ii) from and after the first occurrence of an Investment Grade Event, the Net Leverage Ratio will not exceed 5.00 to 1.00; provided that, if a Specified Acquisition Period is in effect at any time from and after the first occurrence of an Investment Grade Event, the Net Leverage Ratio shall not exceed 5.50 to 1.00.


More Definitions of Quarterly Testing Date

Quarterly Testing Date means the last day of each fiscal quarter. “Rating Agency” means each of S&P and Moody’s.
Quarterly Testing Date means the date falling three months after any date upon which a payment is due under clause 20.2.2 and each date falling three months thereafter until the Parent is no longer under an obligation to retain funds on the Blocked Deposit Account in accordance with clause 20.2.3.
Quarterly Testing Date means 31st March, 30th June, 30th September and 31st December of each year.
Quarterly Testing Date as defined in Section 2.5(c)(iii) of this Agreement. Quartershare Interest(s) -- means individually or collectively (as the context may require), an Attitash Quartershare Interest, a Jordan Bowl Quartershare Interest, a Killington Quartershare Interest, and/or a Mt. Snow Quartershare Interest.

Related to Quarterly Testing Date

  • Testing Date means 31 December of each year.

  • 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.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Quarterly Period the period of three months commencing on 1 January, 1 April, 1 July and 1 October.

  • Covenant Testing Period means the period commencing on the last day of the fiscal month of Borrower most recently ended prior to the occurrence of a Fixed Charge Test Commencement Date for which month Borrowers have delivered to Agent monthly financial statements of Solutions and its Subsidiaries, and continuing until the Termination Date has occurred.

  • Quarterly Payment Date means the last Business Day of each March, June, September and December.

  • Measurement Date means the most recent Payment Date specified in the first column of the Cumulative Net Loss Rate Table.

  • LCA Test Date has the meaning specified in Section 1.03(e).

  • Calendar Year means each successive period of twelve (12) months commencing on January 1 and ending on December 31.

  • Performance Measurement Period has the meaning set forth in Section 3.1(e)(ii).

  • Increased Reporting Period means the period commencing after the continuance of an Increased Reporting Event and continuing until the date when no Increased Reporting Event has occurred for 30 consecutive days.

  • LCT Test Date shall have the meaning provided in Section 1.12(b).

  • Distribution Calendar Year means a calendar year for which a minimum distribution is required. For distributions beginning before the Participant’s death, the first Distribution Calendar Year is the calendar year immediately preceding the calendar year that contains the Participant’s Required Commencement Date. For distributions beginning after the Participant’s death, the first Distribution Calendar Year is the calendar year in which distributions are required to begin under Subparagraph (a). The required minimum distribution for the Participant’s first Distribution Calendar Year will be made on or before the Participant’s Required Commencement Date. The required minimum distribution for other Distribution Calendar Years, including the required minimum distribution for the Distribution Calendar Year in which the Participant’s Required Commencement Date occurs, will be made on or before December 31 of that Distribution Calendar Year.

  • Quarterly Payment Dates means each March 31, June 30, September 30 and December 31.

  • Measurement Period shall have the meaning specified in Section 14.01(b)(i).

  • Reporting Date means the 7th day of each Month following the Month to which the relevant Management Information relates, or such other date as may be agreed between the Parties;

  • Reporting Day means the day (if any) specified as such in the Reference Rate Terms.

  • Quarterly reporting period means the three-month period covered by each