Class D Interest Coverage Test means the test which will apply as of any Measurement Date occurring on and after the Determination Date immediately preceding the second Payment Date and which will be satisfied on such Measurement Date if the Class D Interest Coverage Ratio is at least equal to 105.0 per cent.
Class D Interest Coverage Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class D Interest Coverage Ratio is at least equal to the percentage specified in the definition of "Coverage Test".
Examples of Class D Interest Coverage Test in a sentence
The Class D Overcollateralization Test and the Class D Interest Coverage Test.
Together, the Class D Overcollateralization Test and the Class D Interest Coverage Test.
The Class D Overcollateralization Ratio Test and the Class D Interest Coverage Test.
Each of the Class D Interest Coverage Test and the Class D Overcollateralization Test.
The Senior Interest Coverage Test, the Class C Interest Coverage Test, the Class D Interest Coverage Test and the Class E Interest Coverage Test.
More Definitions of Class D Interest Coverage Test
Class D Interest Coverage Test means the test which will be satisfied if, as of the Measurement Date prior to the first Payment Date, the Class D Interest Coverage Ratio is equal to or greater than 105.00% and, as of any Measurement Date thereafter, the Class D Interest Coverage Ratio is at least equal to the percentage specified in the definition of "Coverage Test".
Class D Interest Coverage Test means the test which will be satisfied as of any Measurement Date on or following the Determination Date relating to the second Payment Date if, on such Measurement Date, the Class D Interest Coverage Ratio is at least equal to the percentage specified in the definition of "Coverage Test".
Class D Interest Coverage Test means, as of any date of determination after the Initial Payment Date, a test that is satisfied on such date of determination if the Class D Interest Coverage Ratio equals or exceeds [110.0]% on such date of determination.
Class D Interest Coverage Test means, as of any date of determination on and after the Calculation Date relating to the second[first] Payment Date after the Amendment Date, a test that is satisfied on such date of determination if the Class D Interest Coverage Ratio equals or exceeds 110.0[ ]% on such date of determination.
Class D Interest Coverage Test means the test which shall be satisfied if as at any Measurement Date, the Class D Interest Coverage Ratio is at least equal to the percentage specified in the definition of “Coverage Test”.
Class D Interest Coverage Test. The Interest Coverage Test, as applied with respect to the Class D Notes.
Class D Interest Coverage Test means the test which will apply as of each Interest Coverage Test Date and which will be satisfied on such Interest Coverage Test Date if the Class D Interest Coverage Ratio is at least equal to 105.0 per cent.