Liquidity Reserve Test. On each Calculation Date immediately preceding each anniversary of the Programme Date, the Asset Monitor shall, by no later than ten (10) Busi- ness Days following the receipt of the relevant information to be provided to it pursuant to Clause 4, test the arithmetic accuracy of the calculations performed by the Issuer in relation to the liquidity test set out in article 40(g) of the Wft Prudential Rules Decree (Besluit prudentiele regels Wft) (the "Liquidity Reserve Test") for so long as the Covered Bonds remain outstanding and shall test that K + L + M ≥ N, all in accordance with Schedule 4 to the Asset Monitoring Agreement.
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Samples: Asset Monitor Appointment Agreement, Asset Monitor Appointment Agreement, Asset Monitor Appointment Agreement
