Rolling Four definition

Rolling Four. Quarters shall mean the then most recently ended four (4) consecutive fiscal quarters of the Company for which, as of such day, financial statements are required to have been given to the Agent and Banks pursuant to this Agreement.
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Rolling Four. Quarters shall mean, as of any day, the then most recently ended four (4) fiscal quarter period of the Borrower.
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Rolling Four. Quarters shall mean, as of any day, the then most recently ended four (4) fiscal quarter period of the Parent. Scheduled Completion Date shall mean June 30, 1997.
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Examples of Rolling Four in a sentence

  • Adjusted Net Income to be less than $1.00 in more than one fiscal quarter of any Rolling Four Quarter Period.

  • The ratio of (a) Adjusted EBIT for any Rolling Four Quarter Period to (b) Fixed Charges for the same Rolling Four Quarter Period, to be less than 1.50 to 1.00.

  • The Rolling Four Quarter Outlook on Adjusted Diluted Earnings Per Share does not include any changes to our fully diluted share count that could occur related to additional share repurchases or a stock price increase and EPS dilution calculations related to our convertible subordinated notes and outstanding and exercisable stock options.

  • The Rolling Four Quarter Outlook on Adjusted Basic Earnings Per Share and Adjusted Diluted Earnings Per Share does not include any changes to our fully diluted share count that could occur related to additional share repurchases or a stock price increase and EPS dilution calculations related to our convertible subordinated notes and outstanding and exercisable stock options.

  • If Borrower either (i) acquires a utility company during the term of any credit hereunder and/or (ii) divests itself of a utility company during the term of any credit hereunder, Borrower’s Rolling Four Quarter EBITDA shall be adjusted to either include the Rolling Four Quarter EBITDA of the acquired entity or exclude the Rolling Four Quarter EBITDA of the divested entity, as applicable, which shall be subject to adjustment and qualification by Bank.

  • The ratio of (a) Total Debt as of the end of any Rolling Four Quarter Period, to (b) Adjusted EBITDA for such Rolling Four Quarter Period, to be more than 2.00 to 1.00.

  • Private Placement: The issuance by the Company, AGI or the Parent, as the case may be, of shares of common stock of the issuing entity in a private placement which results in the current owners of the issuing entity owning less than 51% of the issuer after the transaction Rolling Four Fiscal Quarters: Four consecutive Fiscal Quarters.

  • The Company shall not permit the ratio of Funded Debt to Pro Forma EBITDDA (as measured on a Rolling Four Quarter Basis) to be greater than (a) from the Closing Date through June 30, 1998, 5.25:1.0, (b) thereafter and through June 30, 1999, 4.75:1.0, and (c) thereafter, 4.50:1.0.

  • The Parent Guarantor and the Issuer will keep and maintain the ratio of Consolidated Net Income Available for Consolidated Fixed Charges to Consolidated Fixed Charges, determined on a Rolling Four Quarters basis, at the end of each fiscal quarter at not less than 1.75 to 1.00.

  • Announcing full support by our bank group of an Amendment to our $250 million Credit Facility tailored to execution of HPCPRP.Mel Payne, Chairman and CEO, stated, “In our third quarter earnings release dated October 27, 2022, we didn’t provide our customary Rolling Four Quarter Outlook for the four quarters ending September 30, 2023, primarily because of a lack of deathrate trend data from which to reasonably predict normalized post-COVID funeral volumes and atneed cemetery revenues in our portfolio.


More Definitions of Rolling Four

Rolling Four. QUARTERS shall mean, as of any day, the then most recently ended four (4) quarter period of the Borrower.
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Rolling Four. Quarters shall mean, (a) as of any day prior to the date that financial statements are initially required to be given to Lender for Borrower's 1998 fiscal year end pursuant to this Agreement, the most recently ended four (4) consecutive fiscal quarters of Borrower for which, as of such day, (i) financial statements have actually been given to Lender (with respect to any quarter occurring prior to the effective date of this Agreement) or (ii) financial statements are required to have been given to Lender pursuant to this Agreement (with respect to all quarters occurring after the effective date of this Agreement) and (b) as of any day after the date that financial statements are initially required to have been given to Lender for Borrower's 1998 fiscal year end pursuant to this Agreement, the then most recently ended four (4) consecutive quarters of Borrower for which, as of such day, financial statements are required to have been given to Lender pursuant to this Agreement. Security Agreements shall mean, collectively, the Security Agreement dated concurrently herewith, executed by Borrower in favor of Lender as security for the Loans, covering all Accounts, Equipment, Inventory and General Intangibles now or hereafter owned by Borrower, and any and all security agreements hereafter executed in favor of Lender in connection with, or as security for the payment or performance of, any Credit Document, as any of them may from time to time be amended, modified, restated or supplemented. Security Documents shall mean, collectively, this Agreement, the Security Agreements, the Deed of Trust, all Financing Statements and any and all other agreements, deeds of trust, mortgages, chattel mortgages, security agreements, pledges, guaranties, assignments of production or proceeds of production, assignments of income, assignments of contract rights, assignments of partnership interests, assignments of royalty interests, assignments of performance, completion or surety bonds, standby agreements, subordination agreements, undertakings and other instruments and Financing Statements now or hereafter executed and delivered in connection with, or as security for the payment or performance of, any Credit Document, as any of them may from time to time be amended, modified, restated or supplemented.
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Related to Rolling Four

  • Rolling Forecast has the meaning set forth in Section 4.2.

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

  • Forecast has the meaning set forth in Section 4.1.

  • Rolling Three Month Delinquency Rate With respect to any Distribution Date, the fraction, expressed as a percentage, equal to the average of the Delinquency Rates for each of the three (or one and two, in the case of the first and second Distribution Dates, respectively) immediately preceding calendar months.

  • Calendar Quarter means the respective periods of three (3) consecutive calendar months ending on March 31, June 30, September 30 and December 31.

  • Sales Year means the calendar year during which the Company sold Cigarettes in a Beneficiary State requiring the deposit of QEF Principal.

  • Covenant Testing Period means a period (a) commencing on the last day of the fiscal quarter of Borrower most recently ended prior to a Covenant Trigger Event for which Borrower is required to deliver to Administrative Agent quarterly or annual financial statements pursuant to Section 5.2 of this Agreement, and (b) continuing through and including the first day after such Covenant Trigger Event that Availability has equaled or exceeded the greater of (i) 10% of the Borrowing Limit, and (ii) $15,000,000 for 60 consecutive calendar days.

  • School year means the period beginning July 1 and ending June 30 next following.

  • Twelve-Month Period means a twelve-month period ending on the first anniversary of the Effective Date or on each subsequent anniversary thereof.

  • 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.

  • Month means calendar month.

  • Contract Year means each period of twelve (12) consecutive months during the Initial Term of this Agreement, with the first Contract Year commencing on the Effective Date, and with each subsequent Contract Year commencing on the anniversary of the Effective Date.

  • Quarter means, unless the context requires otherwise, a fiscal quarter of the Partnership, or, with respect to the fiscal quarter of the Partnership which includes the Closing Date, the portion of such fiscal quarter after the Closing Date.

  • Contract Quarter means a three-month period that commences on January 1, April 1, July 1 or October 1 and ends on March 31, June 30, September 30, or December 31, respectively.

  • 12-Month Period means a rolling 12-month period measured backward from the date leave is taken and continuous with each additional leave day taken.

  • Monthly Reporting Period The period, which period the Administrator has the right to change as provided in Section 3.05(d) of this Agreement, during which servicers report Mortgage payments to the Administrator, generally consisting of: