Rolling Period definition

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

Rolling Period means (a) for the fiscal quarters ending on March 31, 2015, June 30, 2015 and September 30, 2015, the period commencing on January 1, 2015 and ending on the last day of such applicable fiscal quarter and (b) for the fiscal quarter ending on December 31, 2015, and for each fiscal quarter thereafter, the period of four (4) consecutive fiscal quarters ending on the last day of such applicable fiscal quarter.

Rolling Period means with respect to any fiscal quarter, such fiscal quarter and the three immediately preceding fiscal quarters considered as a single accounting period.

Examples of Rolling Period in a sentence

• Seller is obligated to deliver a quantity of Net Output during each Rolling Period which is equal to the Output Guarantee.

• In the case of the Seller failing to achieve the Output Guarantee in the prior Rolling Period, Seller shall also provide a report (and supporting data) to PacifiCorp detailing the Output Shortfall for the first Contract Year occurring during such Rolling Period.

• On the thirtieth day following the end of each Rolling Period, Seller shall deliver to PacifiCorp a report (and supporting data) detailing whether Seller achieved the Output Guarantee for the most recently completed Rolling Period.

• To the extent required, PacifiCorp will true up any such invoice as promptly as practicable following its receipt of actual results for the relevant Rolling Period.

• In preparing such invoices, PacifiCorp will utilize the meter data provided to PacifiCorp for the applicable Rolling Period, provided that if the meter data for any portion of such Rolling Period is then incomplete or otherwise not available, PacifiCorp may also rely on historical averages and other information as may be available to PacifiCorp at the time of invoice preparation.

More Definitions of Rolling Period

Rolling Period means any period of four consecutive fiscal quarters.

Rolling Period means, in respect of any Fiscal Quarter, such Fiscal Quarter and the three preceding Fiscal Quarters.

Rolling Period means, as of the end of any Fiscal Quarter, the immediately preceding four (4) Fiscal Quarters, including the Fiscal Quarter then ending.

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

Rolling Period means a period consisting of a specified number of sub- periods of definite length in which the most recent subperiod is substituted for the earliest subperiod as time passes.

Rolling Period means any period of four consecutive Fiscal Quarters of Borrower and its Subsidiaries.

Rolling Period means, on any date of determination, the most recent four fiscal quarters ended on March 31, June 30, September 30, or December 31 (as the case may be).