First Test Date definition

First Test Date. The first Quarter Date falling after four (4) complete Financial Quarters following the Closing Date. Effect of a breach: As per the Precedent Senior Facilities Agreement ignoring any references to the Guarantee Facility. Equity Cure Rights: As per the Precedent Senior Facilities Agreement.

First Test Date means March 31, 2013.

First Test Date means the Quarter Date falling at the end of the first full Financial Quarter following the Utilisation Date.

Examples of First Test Date in a sentence

• On the other hand, WTO members cannot simply force access to a foreign market especially if it is protected by behind-the-border measures rather than by tariffs.

• Closed questions mean, median, standard deviation and Student Confidence were calculated to test whether hypothesis in literature meets Swedish manager opinions.

• If all of the options do not become exercisable on the First Test Date and the performance criteria on the Second Test Date are higher than on the First Test Date an additional number of options will become exercisable that is equal to the difference between the number of options which became exercisable on the First Test Date and the number of options which are exercisable on the Second Test Date.

• For the avoidance of doubt, the Holder is entitled to retain those Shares converted from Performance Shares on the First Test Date (if applicable).

• On the First Test Date, the Holder will be entitled to a conversion of 41.6667 Performance Shares to Shares.

More Definitions of First Test Date

First Test Date means 30 September 2011.

First Test Date means the Quarter Date falling at the end of the second full Financial Quarter that elapses following the Utilisation Date.

First Test Date means 31 December 2023.

First Test Date has the meaning given to that term in Clause 18.4 (Financial definitions). GAAP means IFRS.

First Test Date means last day of the month for which Agent has received the financial statements required under Section 9.9. For example, if a Financial Covenant Triggering Event occurred on June 30, 2012 and the last month for which Agent has received the financial statements required under Section 9.9 is May, 2012, then the First Test Date is May 31, 2012 for the twelve (12) consecutive months ended on the First Test Date.

First Test Date has the meaning given to that term in Clause 19.3 (Financial Definitions);

First Test Date means the earlier of (a) 30 September 2024 and (b) the third Quarter Date falling after the date on which the Final Casino License is obtained by the Senior Borrower;