Incurrence Tests definition

Incurrence Tests means the Incurrence Test and the Dividend Incurrence Test or one of these tests as the context permits.
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Incurrence Tests means the Debt Incurrence Test and the Dividend Incurrence Test. "Initial Nominal Amount" has the meaning set forth in Clause 2(c).
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Examples of Incurrence Tests in a sentence

  • The calculation of the Adjusted Equity Ratio, Total Assets, book value of each Project Entity, Finance Charges, Pro Forma EBITDA and EBITDA for the purpose of the Incurrence Tests shall be tested on the last day of the period covered by the Financial Report as of the most recent Reference Date for which a Financial Report has been published.

  • The Council works with other departments to take action on any policy issues and individual cases they raise and has locally prioritised the reduction of overcrowding since 2007.

  • Debt Incurrence Tests The definitions of "Consolidated Fixed Charges" and/or "Consolidated Interest Expense" shall be amended so that they include both cash and PIK interest accrued.

  • The Accounting Principles so elected by the Issuer shall continue to be applied in the calculation of the Leverage Ratio (Group) and Leverage Ratio (Subsidiaries) in all subsequent Incurrence Tests.

Related to Incurrence Tests

  • Incurrence Test means the incurrence test set out in Clause 12.1 (Incurrence Test).

  • Maintenance Test means the maintenance test set out in Clause 12.1 (Maintenance Test).

  • Coverage Tests The Overcollateralization Ratio Test and the Interest Coverage Test, each as applied to each specified Class or Classes of Secured Debt.

  • 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.

  • 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.

  • Acceptance Tests means those tests performed during the Performance Period which are intended to determine compliance of Equipment and Software with the specifications and all other Attachments incorporated herein by reference and to determine the reliability of the Equipment.

  • Cannabis testing facility means an entity registered by

  • Borrowing Base Test means a test that will be satisfied on any date of determination if the following is true: Where: Advance Rate = 55%.

  • Acceptance Testing mean the tests, reviews and other activities that are performed by or on behalf of Agency to determine whether the Deliverables meet the Acceptance Criteria or otherwise satisfy the Agency, as determined by the Agency in its sole discretion.

  • Operational Acceptance Tests means the tests specified in the Technical Requirements and Agreed Project Plan to be carried out to ascertain whether the System, or a specified Sub system, is able to attain the functional and performance requirements specified in the Technical Requirements and Agreed Project Plan, in accordance with the provisions of GCC Clause 27.2 (Operational Acceptance Test).

  • LCT Test Date shall have the meaning provided in Section 1.12(b).

  • Demonstration project means one of the following projects:

  • 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.

  • 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.

  • 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.

  • Commissioning test means tests applied to the Generating Facility, after completion of the construction of the Generating Facility, in order to verify that the Generating Facility may be released for Operation.

  • 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.

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