Examples of Class C Interest Coverage Test in a sentence
The "Class C Coverage Tests" will consist of the Class C Overcollateralization Test and the Class C Interest Coverage Test.
In addition, to a lesser extent, an increase in scope, including the Honiara ATC tower renovation works and advisory consultancy, the Solomon Airlines Strategic Options Analysis, and the sealing of 0.9 km for bridge approach, has contributed to the cost overruns of SIRAP.
The Issuer is not required to satisfy the Class C Interest Coverage Test, the Class D Interest Coverage Test or the Class E Interest Coverage Test until the second Payment Date.
The “Coverage Tests” will consist of the Class A/B Overcollateralization Test and the Class A/B Interest Coverage Test (together, the “Class A/B Coverage Tests”) and the Class C Overcollateralization Test and the Class C Interest Coverage Test (together, the “Class C Coverage Tests”).
Each of the Class B Interest Coverage Test and the Class C Interest Coverage Test are collectively referred to as the “Mezzanine Interest Coverage Tests”.