Common use of Amortization Test Clause in Contracts

Amortization Test. (1) Following the occurrence and during the continuance of an Issuer Event of Default (but prior to service of a Guarantor Acceleration Notice) and, for as long as there are Covered Bonds outstanding, the Partnership must ensure that, on each Calculation Date following the occurrence and during the continuance of an Issuer Event of Default, the Partnership is in compliance with the Amortization Test as set out in Schedule 3.

Amortization Test. (1) Following the occurrence and during the continuance of an Issuer Event of Default (but prior to service of a Guarantor Acceleration Notice) andDefault, for as long as there are Covered Bonds outstanding, the Partnership must ensure that, on each Calculation Date following the occurrence and during the continuance of an such Issuer Event of Default, the Partnership is in compliance with the Amortization Test as set out in Schedule 3.

Amortization Test. (1a) Following the occurrence and during the continuance of an Issuer Event of Default (but prior to service of a Guarantor Acceleration Notice) and, for as long as there are Covered Bonds outstanding, the Partnership must ensure that, on each Calculation Date following the occurrence and during the continuance of an Issuer Event of Default, the Partnership is in compliance with the Amortization Test as set out in Schedule 3.

Amortization Test. (1) Following the occurrence and during the continuance of an Issuer Event of Default (but prior to service of a Guarantor Acceleration Notice) andDefault, for as long as there are Covered Bonds outstanding, the Partnership must ensure that, on each Calculation Date following the occurrence and during the continuance of an Issuer Event of Default, the Partnership is in compliance with the Amortization Test as set out in Schedule 3.

Amortization Test. (1) Following the occurrence and during the continuance of an Issuer Event of Default (but prior to service of a Guarantor Acceleration Notice) and, for as long as there are Covered Bonds outstanding, the Partnership must ensure that, on each Calculation Date following the occurrence and during the continuance of an Issuer Event of DefaultDate, the Partnership is in compliance with the Amortization Test as set out in Schedule 3.