Class E Par Value Test definition

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

Class E Par Value Test means the test which will apply as of any Measurement Date on or after the Effective Date and which will be satisfied on such Measurement Date if the Class E Par Value Ratio is at least equal to 108.89 per cent.

Class E Par Value Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class E Par Value Ratio is at least equal to 105.03 per cent.

Examples of Class E Par Value Test in a sentence

• The Class E Par Value Test only applies following the expiry of the Reinvestment Period.

• Principal in respect of any Class A-1R Advance may be repaid on any Business Day provided that the Class E Par Value Test is satisfied (save where the Notes are to be redeemed in full, in which event principal shall be repaid in accordance with the Priorities of Payment).

• In addition, 69.8 per cent of all residents and 62.7 per cent of people who use the winter service felt that the removal of the service would have no impact on them and that they would compost at home or take their garden waste to an HWRC.

• Par Value Ratio means the Class A Par Value Ratio, the Class B Par Value Ratio, the Class C Par Value Ratio, the Class D Par Value Ratio or the Class E Par Value Ratio (as applicable).Par Value Test means the Class A Par Value Test, the Class B Par Value Test, the Class C Par Value Test, the Class D Par Value Test or the Class E Par Value Test (as applicable).

• Coverage Tests The Coverage Tests will consist of (i) the Class D Par Value Test; (ii) the Class D Interest Coverage Test; (iii) the Class E Par Value Test and (iv) the Class E Interest Coverage Test.

More Definitions of Class E Par Value Test

Class E Par Value Test means the test which will apply as of any Measurement Date on and after the expiry of the Reinvestment Period and which will be satisfied on such Measurement Date if the Class E Par Value Ratio is at least equal to 103.83 per cent.

Class E Par Value Test means the test which shall be satisfied if as at the Measurement Date the Class E Par Value Ratio is at least 100.06 per cent.

Class E Par Value Test means the test satisfied if, on any Determination Date, the Class E Par Value Ratio is at least 107.6 per cent.;

Class E Par Value Test means the test satisfied if, on any Measurement Date, the Class E Par Value Ratio is at least 104.60 per cent.;

Class E Par Value Test means the test which shall be satisfied as at any Measurement Date if the Class E Par Value Ratio as at such Measurement Date is at least 101.9 per cent.

Class E Par Value Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class E Par Value Ratio is at least equal to the percentage specified as applicable to such test in the Leverage Scenario Grid applicable as at such Measurement Date.

Class E Par Value Test means the test which will be satisfied as of the Effective Date and any Measurement Date thereafter if, on such Measurement Date, the Class E Par Value Ratio is at least equal to 102.16 per cent.