Measurement Date means Sample Clauses

The 'Measurement Date' clause defines the specific date on which a value, condition, or status is determined for the purposes of the agreement. In practice, this date might be used to establish the fair market value of an asset, assess compliance with a financial covenant, or determine the amount of a payment obligation. By clearly specifying the exact point in time for measurement, the clause ensures consistency and avoids disputes over timing, thereby providing clarity and certainty for both parties.
Measurement Date means. (a) 30 September, 2017; and (b) thereafter, the last day of March, June, September and December of each year;
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Measurement Date means. (a) in relation to a Compliance Certificate referred to in Clause 20.2.1(a), the last day of March, June, September and December of each year, with the first Measurement Date being the last day of the third full quarter after the Closing Date; (b) in relation to a Compliance Certificate referred to in Clause 20.2.1(b) (Compliance Certificate), the date of the Utilisation Request delivered to the Lender; and (c) in relation to a Compliance Certificate referred to in Clause 20.2.1(c) (Compliance Certificate), the date of the applicable notice delivered by the Lender to the Company pursuant to that Clause.
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Measurement Date means. (a) in relation to a Compliance Certificate referred to in Clause 19.2.1(a), the last day of March, June, September and December of each year, with the first Measurement Date being the 30 September, 2025; (b) in relation to a Compliance Certificate referred to in Clause 19.2.1(b) (Compliance Certificate), the date of the Utilisation Request delivered to the Facility Agent; and (c) in relation to a Compliance Certificate referred to in Clause 19.2.1(c) (Compliance Certificate), the date of the applicable notice delivered by the Facility Agent to the Borrower pursuant to that Clause.
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Related to Measurement Date means

  • Calculation Dates The interest rate applicable to each Interest Reset Period will be determined by the Calculation Agent on or prior to the Calculation Date (as defined below), except with respect to LIBOR, which will be determined on the particular Interest Determination Date. Upon request of the Holder of a Floating Rate Note, the Calculation Agent will disclose the interest rate then in effect and, if determined, the interest rate that will become effective as a result of a determination made for the next succeeding Interest Reset Date with respect to such Floating Rate Note. The “Calculation Date”, if applicable, pertaining to any Interest Determination Date will be the earlier of: (1) the tenth calendar day after the particular Interest Determination Date or, if such day is not a Business Day, the next succeeding Business Day; or (2) the Business Day immediately preceding the applicable Interest Payment Date or the Maturity Date, as the case may be.

  • Adjusted EBITDA The 2019 adjusted EBITDA for the Affiliated Club Sellers shall total an aggregate of not less than $10,700,000.

  • Measurement Period In this Agreement, unless the contrary intention appears, a reference to:

  • Usage Measurement Usage measurement for calls shall begin when answer supervision or equivalent Signaling System 7 (SS7) message is received from the terminating office and shall end at the time of call disconnect by the calling or called subscriber, whichever occurs first.

  • Consolidated Senior Leverage Ratio Permit the Consolidated Senior Total Leverage Ratio as of the end of each of the Fiscal Quarters ending on the dates set forth for the period of four Fiscal Quarters ending on such date below to be greater than the ratio set forth below opposite such period: March 31, 2008 through December 31, 2008 3.50 to 1.00 March 31, 2009 through December 31, 2009 3.25 to 1.00 March 31, 2010 through December 31, 2010 3.00 to 1.00 March 31, 2011 through December 31, 2011 2.50 to 1.00 March 31, 2012 through December 31, 2013 2.25 to 1.00