Common use of Liquidity Reserve Test Clause in Contracts

Liquidity Reserve Test. The CBC (or the Administrator on its behalf) shall conduct the test set out in article 40g of the Wft Prudential Rules Decree (Besluit prudentiële regels Wft) (the "Liquidity Reserve Test") for so long as the Covered Bonds remain outstanding, i.e. whether K + L + M ≥ N, all in accordance with Schedule 4 hereto.

Appears in 4 contracts

Samples: Asset Monitoring Agreement, Asset Monitoring Agreement, Asset Monitoring Agreement

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