Financial Testing definition

Financial Testing. The applicable financial covenant set out in Clause 21.1.1 (Loan to Value) shall be tested on the date falling 12 months after the first Utilisation and on each anniversary of such date during each calendar year throughout the Loan Period (each, a LTV Covenant Test Date).
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Related to Financial Testing

  • Person means an individual or corporation, partnership, trust, incorporated or unincorporated association, joint venture, limited liability company, joint stock company, government (or an agency or subdivision thereof) or other entity of any kind.