Measurement Period definition

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

Measurement Period means, at any date of determination, the most recently completed four fiscal quarters of the Borrower.

Measurement Period means, at any date of determination, the most recently completed four consecutive fiscal quarters of the Borrower ending on or prior to such date.

Examples of Measurement Period in a sentence

• Permit the Consolidated Fixed Charge Coverage Ratio as of the end of any Measurement Period to be less than 1.25 to 1.00.

• Permit EBITDA as of the end of any Measurement Period to be less than $0.00.

• Notwithstanding the foregoing, the Holder shall have the right to exercise this Warrant, in whole or in part, during the Reset Measurement Period at the Reset Measurement Period Exercise Price defined as follows.

• The Reset Measurement Period Exercise Price for this Warrant so exercised during the Reset Measurement Period will be equal to 90% of the lowest VWAP for the period beginning on the first Trading Day of the Reset Measurement Period and ending on the trading day preceding the date of exercise (the “Reset Measurement Period Exercise Price”).

• Permit the ratio of Total Funded Debt to EBITDA as of the end of any Measurement Period to exceed 2.0 to 1.0. All Guaranties and other Indebtedness permitted pursuant to Sections 7.02 (e), 7.02(g), and 7.02(h) shall be excluded from the calculation of this financial covenant at all times that such Indebtedness remains contingent and which are not letters of credit (including any Letters of Credit issued by the Lender) or reflected as liabilities on Borrower’s balance sheet in accordance with GAAP.

More Definitions of Measurement Period

Measurement Period shall be any period for which payments of interest or fees (whether designated as such or implied) are payable in connection with any indebtedness or other obligation of the Fund incurred for investment purposes. If the Sub-Manager shall serve for less than the whole of a quarter, the foregoing compensation shall be prorated.

Measurement Period has the meaning specified in Section 7.01(b).

Measurement Period means a period of four consecutive fiscal quarters ending on the last day of a fiscal quarter of the Borrower.

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

Measurement Period means, at any date of determination, the most recently completed four (4) Fiscal Quarters of Holdings.

Measurement Period means, at any date of determination, the most recently completed four fiscal quarters of the Company for which financial statements have been filed with the SEC.

Measurement Period means, at any date of determination, the most recently completed twelve Fiscal Months of the Borrower.