Eligibility Test definition

Eligibility Test. The term "
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Eligibility Test means the test to determine the eligibility of a Receivable for the purposes of Section 1.13 hereof, that test, being as follows: no payment due on said Receivable remains unpaid more than sixty (60) days from the specific date on which such payment was due pursuant to the terms of said Receivable.
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Eligibility Test shall have the meaning set forth in Section 1.1(a)(iii) of Schedule A attached hereto.
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Examples of Eligibility Test in a sentence

  • If the Eligibility Test is failed then another source of funds must be found.

  • Using Inter-fund Lending template, perform Eligibility Test and Borrowing Limitation Calculation a.

  • If the Eligibility Test is failed then another source of funds must b found.

  • Using Inter-fund Lending template, perform Eligibility Test and Borrowi ng Limitation Calculation a.

  • If You request any one of the Policy transactions described below that cause the GMWB to become unavailable, We will perform a Benefit Eligibility Test on each subsequent Monthly Activity date following such transaction until the GMWB is available or the Rider terminates as described under Rider Termination.

  • A retune or swap adds to the number of channels Anterix holds for computational purposes in the 90% of the broadband segment test (or Eligibility Test #2).

  • The first Benefit Eligibility Test will be performed on the Benefit Eligibility Date and on subsequent Monthly Activity Dates until the GMWB is available or the Rider terminates as described under Rider Termination.

  • WHEN THE GMWB IS AVAILABLE The GMWB is available once We perform a Benefit Eligibility Test and the test is met.

  • Eligibility Test #2 – 90% of the Licensed Channels in the Broadband Segment Test #2 is also a requirement for a successful broadband applicant—and triggers the mandatory retuning opportunity to require remaining incumbents to clear the broadband segment (with the exception of “complex systems”).

  • RESIDUAL DEATH BENEFIT The Residual Death Benefit will be established on the first Monthly Activity Date that the Benefit Eligibility Test is met and before a GMWB is taken under this Rider.


More Definitions of Eligibility Test

Eligibility Test means satisfaction of the following additional tests to determine the eligibility of a Receivable for purposes of being an Eligible Receivable:
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Eligibility Test means the test to determine the eligibility of a Receivable for the purposes of Section 1.16 hereof, that test, being as follows for each Receivable type: Direct Loan Receivables
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Eligibility Test means an examination in Acupuncture of such nature and standard as that of the examination held by the Council for the award of a diploma; held or caused to be held only once by the Council, for the purpose of registration under this Act, immediately after the commencement of this Act on such date as the Council may determine ;
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Eligibility Test means the test to determine the eligibility of a Receivable for the purposes of Section 1.16 (xii) and 1.16 (xiii) hereof, that test, being as follows for each Receivable type: Direct Loan Receivables
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Eligibility Test means the test to determine the eligibility of a Receivable, for the purposes of Section 1.11 hereof, that test, being as follows: no payment due on said Receivable remains unpaid more than ninety (90) days from the specific date on which such payment was due pursuant to the terms of said Receivable and, with respect to a Real Estate Secured Receivable, the maximum "loan to value" percentage shall be ninety percent (90%) ("Maximum LTV"). For the purpose of this Section Schedule Section 1.11, the "loan to value" percentage, as determined on the date of origination of such Receivable, shall be percentage resulting from dividing the original outstanding balance of such Receivable on the date of origination, excluding all unearned finance charges, dealer reserves, discounts, insurance fees and other fees and charges, by the appraised value of the real estate securing such Receivable, as the date of origination of such Receivable ("LTV"). ================================================================================
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Eligibility Test means such conditions and/or restrictions that the Manager may determine in the relevant Supplemental Deed of a Fund inrespect of any investment in that Fund, or the subscription to Units within the Classes of Units in that Fund.
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Related to Eligibility Test

  • Eligibility Waiting Period means the continuous length of time you must be in Active Employment in an eligible class to reach your Eligibility Date.

  • Eligibility Criteria means the legal criteria as specified in the Clause 5 of this E- Auction Process Information Document;

  • Eligibility Conditions means the eligibility conditions specified in the Act and the Rules including all the eligibility conditions listed in Clause [5] of the Tender Document.

  • Eligibility Requirement means all eligibility requirements and other qualification requirements for a person to act in the applicable Corporate Trust Capacity under any Appointment as set forth in the related Corporate Trust Contract, including any required authorizations or licenses from the Federal National Mortgage Association, the Federal Home Loan Mortgage Corporation, the Government National Mortgage Association, the Federal Housing Administration, the Federal Home Loan Bank or the Department of Veterans Affairs.

  • Eligibility and selection criteria means criteria for determining:

  • Coverage Test means each of the Class A/B Par Value Test, the Class A/B Interest Coverage Test, the Class C Par Value Test, the Class C Interest Coverage Test, the Class D Par Value Test, the Class D Interest Coverage Test, the Class E Par Value Test and the Class E Interest Coverage Test.

  • Eligibility Computation Period means a 12-consecutive month period beginning with your first day of employment. Any succeeding Eligibility Computation Period will then switch to the Plan Year, beginning with the Plan Year that includes your first anniversary of employment. You will generally earn an hour of service for each hour you are paid for the performance of duties for the Company (however, numerous exceptions and special rules apply).

  • Eligibility means the decision as to whether an individual qualifies, under financial and nonfinancial requirements, to receive program benefits.

  • Eligibility Service of an employee means the period or periods of service credited to him under the provisions of Article II for purposes of determining his eligibility to participate in the Plan as may be required under Article III or Article VI.

  • Eligibility Requirements means, with respect to any Person, that such Person (i) has total assets (in name or under management) in excess of $600,000,000 and (except with respect to a pension advisory firm or similar fiduciary) capital/statutory surplus or shareholder’s equity of $250,000,000 and (ii) is regularly engaged in the business of making or owning commercial real estate loans or operating commercial mortgage properties.

  • Interest Coverage Test means the Class A/B Interest Coverage Test, the Class C Interest Coverage Test, the Class D Interest Coverage Test and the Class E Interest Coverage Test.

  • RDDS test Means one query sent to a particular “IP address” of one of the servers of one of the RDDS services. Queries shall be about existing objects in the Registry System and the responses must contain the corresponding information otherwise the query will be considered unanswered. Queries with an RTT 5 times higher than the corresponding SLR will be considered as unanswered. The possible results to an RDDS test are: a number in milliseconds corresponding to the RTT or undefined/unanswered.

  • 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.

  • Eligibility Date means the date you become eligible for insurance under this plan. The Eligibility Requirements are shown in the Schedule of Benefits.

  • Coverage Tests means each of the Overcollateralization Ratio Test and the Interest Coverage Ratio Test.

  • Quantitative fit test or "QNFT" means an assessment of the adequacy of respirator fit by numerically measuring the amount of leakage into the respirator.

  • Retirement Eligibility means attainment of age 60 and completion of at least five (5) years of continuous service with the Company.

  • Fit test means the use of a protocol to qualitatively or quantitatively evaluate the fit of a respirator on an individual.

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

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

  • Eligibility Determination means an approval or denial of eligibility and a renewal or termination of eligibility as set forth in OAR 410-200-0015;¶

  • Net Benefits Test means a calculation to determine whether the benefits of a reduction in price resulting from the dispatch of Economic Load Response exceeds the cost to other loads resulting from the billing unit effects of the load reduction, as specified in Operating Agreement, Schedule 1, section 3.3A.4 and the parallel provisions of Tariff, Attachment K-Appendix, section 3.3A.4.

  • Collateral Quality Test A test satisfied as of the Effective Date and any other date thereafter on which such test is required to be determined hereunder if, in the aggregate, the Collateral Obligations owned (or in relation to a proposed purchase of a Collateral Obligation, both owned and proposed to be owned) by the Issuer satisfy each of the tests set forth below (or, after the Effective Date, if any such test is not satisfied at the time of reinvestment, the level of compliance with such test is maintained or improved as described in the Investment Criteria):

  • 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.

  • Waiver eligibility span means the twelve-month period following either an individual's initial waiver enrollment date or a subsequent eligibility re- determination date.

  • Class C 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 C Interest Coverage Ratio is at least equal to 110.0 per cent.