Class A Interest Coverage Ratio definition

Class A Interest Coverage Ratio means, as of any Measurement Date occurring on and after the Determination Date immediately preceding the second Payment Date, the ratio (expressed as a percentage) obtained by dividing the Interest Coverage Amount by the scheduled interest payments due on the Class A-1 Notes and the Class A-2 Notes on the following Payment Date. For the purposes of calculating the Class A Interest Coverage Ratio, the expected interest income on Collateral Obligations, Eligible Investments and the Accounts (to the extent applicable) and the expected interest payable on the Class A-1 Notes and the Class A-2 Notes will be calculated using the then current interest rates applicable thereto as at the relevant Measurement Date.

Class A Interest Coverage Ratio. On the Second Determination Date and any subsequent Measurement Date, the Interest Coverage Ratio as calculated with respect to the Class A Notes.

Class A Interest Coverage Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the Interest Coverage Amount by the scheduled interest payments due on the Class A Notes.

Examples of Class A Interest Coverage Ratio in a sentence

• Second, the measure at issue must lay down one or more characteristics of the product which may be either intrinsic or related to it.

• Class A Interest Coverage Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class A Interest Coverage Ratio is at least equal to the percentage specified in the definition of "Coverage Test".

• Respectfully submitted, THE CHANDRA LAW FIRM LLC /s/Subodh Chandra Subodh Chandra (0069233) Brian D.

• As of the Effective Date, the Class A Interest Coverage Ratio is expected to be 186.3%, the Class B Interest Coverage Ratio is expected to be 173.2% and the Class C Interest Coverage Ratio is expected to be 161.7%.

• The “Class A Interest Coverage Test” will be satisfied on any Measurement Date occurring on or after the Ramp-Up Completion Date and on which any Class A Notes remain outstanding if the Class A Interest Coverage Ratio on such Measurement Date is equal to or greater than 125.0%.

More Definitions of Class A Interest Coverage Ratio

Class A Interest Coverage Ratio means, as of any Measurement Date, the percentage obtained by dividing:

Class A Interest Coverage Ratio means, on any Measurement Date, the ratio (expressed as a percentage) obtained by dividing (a) the Interest Coverage Amount by (b) the aggregate of the scheduled interest payments payable on the Class A Notes (excluding, for avoidance of doubt, any Cost of Funds Expense payable to any Class A Noteholder). For the purposes of calculating the Class A Interest Coverage Ratio, the expected interest income on Collateral Debt Obligations, Eligible Investments and the Accounts (to the extent applicable) and the expected interest payable on the Class A Notes will be calculated using the then current interest rates applicable thereto.

Class A Interest Coverage Ratio means, on any Measurement Date on or following the Determination Date relating to the third Payment Date, the ratio (expressed as a percentage) obtained by dividing (a) the Interest Coverage Amount by (b) the aggregate of the scheduled interest payments on the Class A Notes on the following Payment Date.

Class A Interest Coverage Ratio means, with respect to any date of determination, the ratio of (i) to (ii) (expressed as a percentage), where (i) is equal to the Interest Coverage Amount as of such date and where (ii) is an amount equal to the Periodic Interest for the Class A Notes for the Payment Date immediately following such date of determination.

Class A Interest Coverage Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the Interest Coverage Amount by the scheduled interest payments on the Class A Notes and the amount of the Class A-1R Commitment Fee, in each case due on the next following Payment Date.

Class A Interest Coverage Ratio means the ratio (expressed as a percentage) obtained by dividing

Class A Interest Coverage Ratio means on any Measurement Date, the ratio (expressed as a percentage) of (i) to (ii), where (i) is equal to the Interest Coverage Amount as of such Measurement Date and where (ii) is the sum of the Periodic Interest for the Class A Notes for the Payment Date immediately following such Measurement Date.