Class C Overcollateralization Test definition

Class C Overcollateralization Test means the Overcollateralization Test as applied to the Class C Notes.
Class C Overcollateralization Test means a test satisfied on any Measurement Date occurring on or after the Ramp-Up Completion Date and on which any Class C Notes remain outstanding if the Class C Overcollateralization Ratio on such Measurement Date is equal to or greater than 110.42%.
Class C Overcollateralization Test means the test which will apply as of any Measurement Date and which will be satisfied on such Measurement Date if the Class C Overcollateralization Ratio is at least equal to 106.6 per cent.

Examples of Class C Overcollateralization Test in a sentence

  • Together, the Class C Overcollateralization Test and the Class C Interest Coverage Test.

  • The Class C Overcollateralization Test and the Class C Interest Coverage Test.

  • Collectively, the Class C Overcollateralization Test and the Class C Interest Coverage Test.

  • Each of the Class C Interest Coverage Test and the Class C Overcollateralization Test.

  • Collectively, the Class A Overcollateralization Test, the Class B Overcollateralization Test, the Class C Overcollateralization Test and the Class D Overcollateralization Test.

  • Presented data are needed for the evaluation of the physical conditions of stellar plasma, siliciabundance deter- mination, opacity calculations, stellar spectra analysis and synthesis, stellar atmosphere modelling etc.Key words: Stark broadening – Si II – spectral lines 1.

  • On and after the Effective Date, the Senior Overcollateralization Test, the Class C Overcollateralization Test, the Class D Overcollateralization Test and the Class E Overcollateralization Test and, on and after the second Determination Date, the Senior Interest Coverage Test, the Class C Interest Coverage Test, the Class D Interest Coverage Test and the Class E Interest Coverage Test.

  • The Senior Overcollateralization Test, the Class C Overcollateralization Test, the Class D Overcollateralization Test and the Class E Overcollateralization Test.

  • The Chairman of the Board shall have general supervision and management of the business of the Corporation and shall see that all orders and resolutions of the Board are carried into effect.

  • The "Class C Coverage Tests" will consist of the Class C Overcollateralization Test and the Class C Interest Coverage Test.


More Definitions of Class C Overcollateralization Test

Class C Overcollateralization Test means, for so long as any Class A Notes, Class B Notes or Class C Notes remain Outstanding, a test satisfied on any Measurement Date occurring on or after the Ramp-Up Completion Date if the Class C Overcollateralization Ratio on such Measurement Date is equal to or greater than [**].
Class C Overcollateralization Test. A test that will be satisfied on any Measurement Date if the Class C Overcollateralization Ratio is at least equal to the specified Required Level indicated in the table in the definition of "Overcollateralization Test."
Class C Overcollateralization Test. On any date of determination on which any Class C Notes remain Outstanding, a test that is satisfied if the Class C Overcollateralization Ratio on such date of determination equals or exceeds 129.90%.
Class C Overcollateralization Test means, for so long as any Class A Notes, Class B Notes or Class C Notes remain outstanding, a test satisfied on any Measurement Date occurring on or after the Ramp-Up Completion Date if the Class C Overcollateralization Ratio on such Measurement Date is equal to or greater than 105.50%.
Class C Overcollateralization Test means, for so long as any Class C Notes remain Outstanding, a test satisfied on any Measurement Date occurring on or after the Effective Date if the Class C Overcollateralization Ratio on such Measurement Date is equal to or greater than [**].

Related to Class C Overcollateralization Test

  • Overcollateralization Amount With respect to any Distribution Date, the excess, if any, of (a) the aggregate Stated Principal Balance of the Mortgage Loans before giving effect to distributions of principal to be made on such Distribution Date over (b) the aggregate Certificate Principal Balance of the Class A Certificates and Class M Certificates immediately prior to such date.

  • Overcollateralization Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing: