Overcollateralization Ratio Test Clause Samples

Overcollateralization Ratio Test. A test that is satisfied as of any Measurement Date, if the Overcollateralization Ratio is at least equal to 200%. For example, if, on any Measurement Date, the Outstanding Borrowings equal $135,000,000, there are no Account Amounts and the Net Portfolio Collateral Balance is equal to or greater than $270,000,000, then the Overcollateralization Ratio Test would be satisfied on such Measurement Date. Participant: Defined in Section 11.1(g).