Maintenance Test. The Issuer shall ensure that in respect of each Relevant Period ending on a Reference Date:
Maintenance Test. The Issuer has failed to comply with any of the Maintenance Test and such failure has not been cured in accordance with provisions for an Equity Cure.
Maintenance Test. The Borrower shall maintain, as of the last day of each Fiscal Quarter, a ratio of Consolidated Funded Obligations to Maintenance Test Total Consolidated Capitalization of no more than 75%. For the purposes of this Section 9.3(b), the principal of all Consolidated Funded Obligations or Subordinated Debt which is payable or will be payable in a foreign currency shall be converted to Canadian Dollars at the noon rate of exchange for Canadian interbank transactions on the date which Maintenance Test Total Consolidated Capitalization is determined.”
Maintenance Test. The Maintenance Test is met if the ratio of Net Interest Bearing Debt to EBITDA is equal to or less than 4.50x.
Maintenance Test. The Issuer shall procure that the Maintenance Test is met.
Maintenance Test. (a) The Issuer shall at all times ensure that:
Maintenance Test. The Issuer fails to comply with a Maintenance Test.
Maintenance Test. (a) The Issuer shall ensure that the Equity Ratio is no less than (the "Maintenance Test"): (i) 20 per cent. on 30 June 2016 and on each Reference Date thereafter to and including 30 June 2017;
Maintenance Test. The employer shall schedule the maintenance test when openings occur. Employees may elect to take the maintenance test and have such scores placed on file so that they will be prequalified in the event a vacancy occurs. Such scores shall be valid for two (2) years.
Maintenance Test. The Issuer shall ensure that in respect of each Relevant Period ending on a Reference Date, from and including the Amendment and Restatement Date until the Final Maturity Date, the Interest Cover Ratio shall be greater than 1.2:1 calculated in accordance with the calculation principles set out in Clause 13.4 (Calculation Adjustments), on a consolidated basis and based on the most recently delivered Financial Report.
