Effective Date Tested Items definition

Effective Date Tested Items. Each component test (other than the S&P CDO Monitor Test) of the Collateral Quality Test, the Overcollateralization Ratio Test, the Concentration Limitations and the Target Initial Par Condition.
Effective Date Tested Items means the: The Collateral Quality TestTests (other than the S&P CDO Monitor Test), the Overcollateralization Ratio Tests, the Concentration Limitations and the Target Initial Par Condition.
Effective Date Tested Items. The meaning specified in Section 7.18(c).

Examples of Effective Date Tested Items in a sentence

  • A report drafted by the Collateral Administrator on behalf of the Issuer with respect to the Underlying Assets included in the Collateral containing the information required in the Monthly Report as determined as of the Effective Date and stating whether the Effective Date Tested Items have been satisfied.

  • A report provided to each Rating Agency containing the information required to be included in the Monthly Report and a calculation of the Effective Date Tested Items.

  • A condition that will be satisfied if (a) the S&P CDO Monitor Election Date has not occurred as of the Effective Date, (b) the Effective Date Report provided to S&P shows satisfaction of the Effective Date Tested Items and (c) the Portfolio Manager has provided to S&P a report indicating that the S&P CDO Monitor Test was satisfied on the Effective Date and an Excel Default Model Input File used in connection with such determination.

  • A condition satisfied if (A) the Trustee is provided with, upon execution of an acknowledgement letter, an Accountants’ Effective Date Recalculation AUP Report indicating that the Effective Date Tested Items are satisfied and (B) Moody’s is provided with an Effective Date Report confirming satisfaction of the Effective Date Tested Items.

  • A report prepared by the Collateral Administrator on behalf of the Issuer, dated as of the Effective Date, that (a) contains the information required in a Monthly Report under this Indenture and (b) states whether the Effective Date Tested Items have been satisfied.

  • A condition that will be satisfied if (x) the Collateral Trustee or the Collateral Administrator has received the Accountants’ Certificate pursuant to Section 7.18(c) recalculating the Effective Date Tested Items and (y) the Effective Date Report indicates satisfaction of the Effective Date Tested Items.

Related to Effective Date Tested Items

  • Start-Up Testing means the completion of applicable required factory and start-up tests as set forth in Exhibit C.

  • Commercial Operation Date (COD) means the date certified by the DISCOM’s committee upon successful commissioning (as per provisions of the PPA) of the project when all equipments as per rated capacity have been installed and energy has flown into the grid.

  • Borrowing Base Test means as of any date, a determination that (a) the lesser of (i) the Borrowing Base and (ii) the Facility Amount shall be equal to or greater than (b) the Advances Outstanding.

  • EPP test Means one EPP command sent to a particular “IP address” for one of the EPP servers. Query and transform commands, with the exception of “create”, shall be about existing objects in the Registry System. The response shall include appropriate data from the Registry System. The possible results to an EPP test are: a number in milliseconds corresponding to the “EPP command RTT” or undefined/unanswered.

  • Effective date of enrollment means the first date when an en- rollee is entitled to receive covered benefits.

  • Material Project EBITDA Adjustments means, with respect to each Material Project:

  • COVID-19 test means a viral test for SARS-CoV-2 that is:

  • Excess Cash Flow Application Date as defined in Section 2.12(c).

  • Work-based learning means opportunities and experiences that include but are not limited to tours, job shadowing, rotations, mentoring, entrepreneurship, service learning, internships, and apprenticeships.

  • Class C Coverage Tests means the Class C Interest Coverage Test and the Class C Par Value Test.

  • Effective Date of Contract means the date established in the Contract for the Contractor’s work to begin, or the date the Contract has been fully executed and received all required approvals, whichever date is later.

  • S&P CDO Monitor Test A test that will be satisfied on any date of determination (following receipt, at any time on or after the S&P CDO Monitor Election Date, by the Issuer and the Collateral Administrator of the Class Break-even Default Rates for each S&P CDO Monitor input file (in accordance with the definition of “Class Break-even Default Rate”)) if, after giving effect to a proposed sale or purchase of an additional Collateral Obligation, the Class Default Differential of the Highest Ranking Class of the Proposed Portfolio is positive. The S&P CDO Monitor Test will be considered to be improved if the Class Default Differential of the Proposed Portfolio that is not positive is greater than the corresponding Class Default Differential of the Current Portfolio.

  • Optional Extended Local Calling Scope Arrangement Traffic is traffic that under an optional Extended Local Calling Scope Arrangement chosen by the Customer terminates outside of the Customer’s basic exchange serving area.

  • Blended learning means the delivery of instruction in a combination of time in a supervised physical location away from home and online delivery whereby the student has some element of control over time, place, path, or pace of learning.

  • Effective Date of Coverage means the date of commencement of Coverage in respect of a Life Insured under the Policy pursuant to the provision on Commencement of Coverage.

  • Class A/B Coverage Tests means the Class A/B Interest Coverage Test and the Class A/B Par Value Test.

  • Base Case Projections means the initial forecast for the Project prepared as of the Effective Date using the Base Case Financial Model.

  • Net Monthly Excess Cashflow With respect to each Distribution Date, the sum of (a) any Overcollateralization Release Amount for such Distribution Date and (b) the excess of (x) Available Funds for such Distribution Date over (y) the sum for such Distribution Date of (A) the Monthly Interest Distributable Amounts for the Class A Certificates and the Mezzanine Certificates, (B) the Unpaid Interest Shortfall Amounts for the Class A Certificates and (C) the Principal Remittance Amount.

  • Net Monthly Excess Cash Flow For any Distribution Date the amount remaining for distribution pursuant to subsection 4.02(a)(iii) (before giving effect to distributions pursuant to such subsection).

  • Closing Date Term Loan has the meaning set forth in Section 2.4(a).

  • DNS test Means one non-­‐recursive DNS query sent to a particular “IP address” (via UDP or TCP). If DNSSEC is offered in the queried DNS zone, for a query to be considered answered, the signatures must be positively verified against a corresponding DS record published in the parent zone or, if the parent is not signed, against a statically configured Trust Anchor. The answer to the query must contain the corresponding information from the Registry System, otherwise the query will be considered unanswered. A query with a “DNS resolution RTT” 5 times higher than the corresponding SLR, will be considered unanswered. The possible results to a DNS test are: a number in milliseconds corresponding to the “DNS resolution RTT” or, undefined/unanswered.

  • Closing Date Term Loans means the Term Loans made by the Term Lenders on the Closing Date to the Borrower pursuant to Section 2.01(1).

  • Performance Test means all operational checks and tests required to determine the performance parameters including inter-alia capacity, efficiency and operating characteristics of the Stores as specified in the Contract.

  • Closing Date Business Plan means the set of Projections of Borrowers for the 3 year period following the Closing Date (on a year by year basis, and for the 1 year period following the Closing Date, on a month by month basis), in form and substance (including as to scope and underlying assumptions) satisfactory to Agent.

  • Final Completion Date means the date on which Final Completion occurs.

  • Appropriate List Matching Data means (A) account registration and alternate payee data, to the extent made appropriate by statutes, rules or regulations governing the U.S. Government Lists, (ii) data determined by BNYM in light of statutes, rules or regulations governing the U.S. Government Lists to be necessary to provide the services described in this Section 3(b)(5), and (iii) data the parties agree in writing to be necessary to provide the services described in this Section 3(b)(5).