Variance Testing Period means, as applicable, each of the First Testing Period, Second Testing Period, Third Testing Period and, thereafter, each Rolling Four Week Testing Period ending on the Friday of each calendar week ending thereafter.
Variance Testing Period means the rolling four-week calendar period up to and through the Friday of the week most recently ended prior to the applicable Variance Report Date (provided that, the first Variance Testing Period shall include the entire period from the first Saturday after the Effective Date through the Friday of the week most recently ended prior to the applicable Variance Report Date).
Variance Testing Period means the four-week calendar period up to and through the Saturday of the week most recently ended prior to the applicable Variance Report Date (provided that, the first Variance Testing Period shall include the entire period from the Petition Date through the Saturday of the week most recently ended prior to the applicable Variance Testing Period).
Examples of Variance Testing Period in a sentence
Permit, as of any Variance Report Date (commencing with the report delivered on October 23, 2023 with regards to the period ending October 20, 2023) the Operating Disbursements of the Loan Parties for any Variance Testing Period in the aggregate on a cumulative basis for such Variance Testing Period to exceed 120% of the disbursements for such period set forth in the Approved Budget in the aggregate.
Caution should thus be exercised when comparing these analyses and results to observed twentieth-century trends, and no attempt is made to provide a quantitative comparison.
More Definitions of Variance Testing Period
Variance Testing Period means, as of any Variance Report Date, the four-week calendar period most recently ended.
Variance Testing Period shall have the meaning assigned to such term in Section 8.01(t)(iii).
Variance Testing Period means, as applicable, with respect to each testing date thereafter, the cumulative period of two weeks ending on April 30, 2021 and every two week period ending on the last date of each calendar week thereafter.
Variance Testing Period means (i) initially, the period commencing Sunday, May 21, 2023 and ending Saturday, May 27, 2023, (ii) then, the period commencing Sunday, May 21, 2023 and ending Saturday, June 3, 2023, (iii) then, the period commencing Sunday, May 21, 2023 and ending Saturday, June 10, 2023 and (iv) thereafter, each rolling four-week period initially commencing Sunday, May 21, 2023 and ending on the fourth Saturday thereafter.
Variance Testing Period means the one week period ending on the Sunday immediately preceding the applicable Variance Reporting Date.
Variance Testing Period means the period beginning on June 3, 2023.
Variance Testing Period has the meaning specified in the First Lien Credit Agreement.