Define: Quarterly Basis

The meaning of “Quarterly Basis” differs based on where it is used. We list many below, then combine them into one or more market-standard definitions.

How is Quarterly Basis defined in a legal contract?

  • Quarterly Basis means a period of three months beginning on the first day of January, April, July, or October of each year. Seen in 4 SEC filings
  • Quarterly Basis means a three-month period ready for review of an application, as completed by a designated authority. Seen in 3 SEC filings
  • Quarterly Basis means every quarter year or three months and refers to the frequency and quantity of royalty payments made based on a set start date and specified section. Seen in 1 SEC Filing
  • Quarterly Basis means no later than once every three calendar months. Seen in 1 SEC Filing
  • Quarterly Basis means that period of time beginning on the date the software is first commercially used and ending each three month period thereafter. Seen in 1 SEC Filing

Note: The Genie AI Legal Assistant pulled this data out of the SEC EDGAR Database of 500,000 records from the past 22 years of filings. We regularly update this page as new filings and definitions come in.

Search EDGAR for 'Definitions of quarterly basis' yourself to verify these results. We are always keen to point people to source documents.

Which definition should you use?

🤔 Our AI Legal Assistant has combined and improved the above descriptions to create market-standard 'Genie definitions' below, with guidance on which documents and which industry to use for each.

Genie Definition 1

  • Quarterly Basis means a three-month period, beginning every first day of January, April, July, or October.

Relevant Contract Type

Relevant Circumstances

  • When setting financial report schedules and deadlines
  • Establishing delivery or payment due dates
  • When outlining terms and conditions either for rental or service provision periods

Relevant Sectors

Genie Definition 2

  • Quarterly Basis means once every three calendar months.

Relevant Contract Types

Relevant Circumstances

  • When determining quarterly review or performance evaluation schedules
  • Establishing maintenance or service periods

Relevant Sectors

Are you creating, reviewing or negotiating a document?

Looking for further advice on how to define “Quarterly Basis" in your document? 

🚀 Try our AI Legal Assistant! It can suggest a definition just for your specific needs (Simply import your contract, then ask it to draft a definition suitable for your document, that's it!)

What is the most popular definition of 'Quarterly Basis'?

Quarterly Basis means a three-month period, beginning every first day of January, April, July, or October.

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