Examples of Effective Date Requirements in a sentence

During the Ramp-up Period, the Investment Manager, acting on behalf of the Issuer, will use all commercially reasonable efforts to acquire additional Collateral Debt Obligations in order to satisfy the Effective Date Requirements as at the Effective Date.
A condition that is satisfied if in connection with the Effective Date, an S&P CDO Formula Election Date is designated by the Collateral Manager and the Collateral Manager (on behalf of the Issuer) certifies to S&P that (a) the Effective Date Requirements have been satisfied and (b) the S&P CDO Monitor Test is satisfied.
General Eligibility Information 6 Effective Date Requirements 6 When Your Benefits Stop 7 Right to Continuation Coverage under COBRA 8 .
For the avoidance of doubt, a reduction or withdrawal in the ratings assigned to any of the Notes at any time other than as a result of the Effective Date Requirements not being satisfied immediately following the Effective Date will not cause a redemption thereof under this Condition 7(e).
If on the Effective Date, the Effective Date Requirements as at the Effective Date are not satisfied, the Portfolio Administrator, acting on behalf of the Issuer, will seek confirmation from the Rating Agencies that such failure will not adversely affect the Initial Ratings.

More Definitions of Effective Date Requirements

Effective Date Requirements means each of the Collateral Quality Tests, the Concentration Limitations and the Coverage Tests being satisfied, and the Issuer having purchased or entered into binding commitments to acquire Underlying Assets, the Aggregate Principal Balance of which equals or exceeds the Maximum Investment Amount by such date (provided that, for the purposes of determining the Aggregate Principal Balance as provided above, any repayments, prepayments or sales of any Underlying Assets subsequent to the date of acquisition thereof shall be disregarded);

Effective Date Requirements means, as at the Effective Date, (a) each of the Par Value Tests being satisfied on such date and (b) the Issuer having purchased or entered into binding commitments to purchase Portfolio Assets the Aggregate Principal Balance of which (calculated without regard to prepayments, maturities or redemptions) equals or exceeds the Target Par Amount by such date (provided that, for the purposes of determining the Aggregate Principal Balance as provided above, the Principal Balance of a Portfolio Asset which is a Defaulted Obligation will be the lower of its S&P Collateral Value and its Fitch Collateral Value).

Effective Date Requirements means, as at the Effective Date and any date thereafter:

Effective Date Requirements means each of (i) the Percentage Limitations, the Collateral Quality Tests and the Coverage Tests being satisfied, (ii) the Issuer having purchased or entered into binding commitments to acquire Collateral Debt Obligations the Aggregate Principal Balance of which equals or exceeds the Target Par Amount by such date (provided that, for the purposes of determining the Aggregate Principal Balance as provided above, any repayments or prepayments of any Collateral Debt Obligations subsequent to the date of acquisition thereof and not subsequently reinvested shall be added to the Aggregate Principal Balance of Collateral Debt Obligations); (iii) Rating Agency Confirmation of the Initial Ratings has been requested and(iv) the Portfolio Manager has declared that the Effective Date has occurred.

Effective Date Requirements means each of the Concentration Limitations, Coverage Tests and the Collateral Quality Tests being satisfied, and the Issuer having purchased or entered into binding commitments to acquire Collateral Obligations the Aggregate Principal Balance of which equals or exceeds the Target Par Amount by such date (provided that, for the purposes of determining the Aggregate Principal Balance as provided above, any repayments or prepayments, sales, redemptions or maturities of any Collateral Obligations subsequent to the date of acquisition thereof shall be disregarded and the Principal Balance of a Collateral Obligation which is a Defaulted Obligation will be the lower of the S&P Collateral Value and the Moody’s Collateral Value of such Collateral Obligation).

Effective Date Requirements means each of the Portfolio Profile Tests and the Coverage Tests apart from the Class A Interest Coverage Test being satisfied as at the Effective Date and the aggregate Principal Balance of all Collateral Obligations together with the Balances of all the Principal Accounts equals or exceeds the Target Par Amount by such date.