Class E Overcollateralization Test definition

Class E Overcollateralization Test means the Overcollateralization Test as applied to the Class E Notes.

Class E Overcollateralization Test means a test satisfied on any Measurement Date occurring on or after the Ramp-Up Completion Date and on which any Class E Notes remain outstanding if the Class E Overcollateralization Ratio on such Measurement Date is equal to or greater than 101.02%.

Class E Overcollateralization Test. A test that will be satisfied on any Measurement Date if the Class E Overcollateralization Ratio is at least equal to the specified Required Level indicated in the table in the definition of "Overcollateralization Test."

Examples of Class E Overcollateralization Test in a sentence

• The Overcollateralization TestsThe "Overcollateralization Tests" will consist of the Class A/B Overcollateralization Test, the Class C Overcollateralization Test, the Class D Overcollateralization Test and the Class E Overcollateralization Test.

• The fees requested for 2011 reflect reserve for incentive-related compensation for the CEO and Executive Directors based on commercial goals now set for the coming year, which incentive-related compensation shall be paid upon and subject to reaching those goals.

• The "Class E Overcollateralization Test" will be satisfied on any Measurement Date on which any Class E Notes remain outstanding if the Class E Overcollateralization Ratio on such Measurement Date is equal to or greater than 100.88%.

• The Class E Overcollateralization Test: The “Class E Overcollateralization Test” will be satisfied on any Measurement Date occurring on or after the Ramp-Up Completion Date and on which any Class E Notes remain outstanding if the Class E Overcollateralization Ratio on such Measurement Date is equal to or greater than 105.2%.

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

• The “Overcollateralization Tests” will consist of the Class A/B Overcollateralization Test, the Class C Overcollateralization Test, the Class D Overcollateralization Test, the Class E Overcollateralization Test and the Supplemental Overcollateralization Test.

More Definitions of Class E Overcollateralization Test

Class E Overcollateralization Test means, for so long as any Class A Notes, Class B Notes, Class C Notes, Class D Notes or Class E Notes remain outstanding, a test satisfied on any Measurement Date occurring on or after the Closing Date if the Class E Overcollateralization Ratio on such Measurement Date is equal to or greater than 101.9%. It is expected that, on the Effective Date, the Class E Overcollateralization Ratio will be approximately 104.2%.

Class E Overcollateralization Test. The Overcollateralization Ratio Test as applied with respect to the Class E Notes.