Interim Test Date definition

Interim Test Date means the date declared as such by the Collateral Manager occurring after the Closing Date but in any event no later than six months from such Closing Date and on which date the Interim Tests shall be applied;
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Interim Test Date means each Distribution Date occurring during the Ramp-Up Period.
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Interim Test Date means 20 July 2006;
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Examples of Interim Test Date in a sentence

  • Furthermore, if the Issuer is not in compliance with the Interim Test Date Tests on any Interim Test Date, on behalf of the Issuer, the Collateral Manager will deliver to the Trustee and the Rating Agencies a Proposed Plan intended to result in compliance with each applicable Collateral Quality Test by the Effective Date.

  • During the Initial Investment Period, the Issuer, or the Investment Manager on its behalf, will seek to acquire additional Collateral Debt Obligations in order to satisfy the Interim Tests as at the Interim Test Date and the Coverage Test, Collateral Quality Tests and Portfolio Profile Tests as at the Effective Date.

  • If, on the Interim Test Date, any of the Interim Targets are not satisfied, the Collateral Manager, on behalf of the Issuer, shall either (in its discretion): (a) upon each purchase or sale of a Collateral Debt Security, maintain or improve each Interim Target that was not so satisfied and continue to satisfy each Interim Target that was so satisfied or (b) prior to the purchase of any Collateral Debt Security, discuss with Moody's a plan which will cause the Portfolio to satisfy the Interim Targets.

  • On the Interim Test that the Portfolio is required to satisfy as at the Interim Test Date and on the Portfolio Profile Tests, Collateral Quality Tests, Coverage Test and Target Par Amount (each as described in "The Portfolio") that the Portfolio is required to satisfy as at the Effective Date and thereafter (save as described herein).

  • In addition, the Investment Manager, acting on behalf of the Issuer, shall use all commercially reasonable efforts to purchase Collateral Debt Obligations out of the Balance standing to the credit of the Unused Proceeds Account and Class A-2 Advances during the Ramp-up Period in order to satisfy the Interim Targets as at the Interim Test Date.

  • Furthermore, if the Issuer is not in compliance with the Interim Test Date Tests on any Interim Test Date, on behalf of the Issuer, the Collateral Manager must deliver to the Trustee and the Rating Agencies a plan intended to result in compliance with each of the Collateral Quality Tests by the Effective Date and a Rating Agency may reduce or withdraw the rating on the Notes.

Related to Interim Test Date

  • LCA Test Date has the meaning specified in Section 1.03(e).

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

  • Plant Test Date or "PTD" means the date acceptance testing is performed with CLEC. "Point of Interface", "Point of Interconnection," or "POI" is a demarcation between the networks of two (2) LECs (including a LEC and CLEC). The POI is that point where the exchange of traffic takes place.

  • Test Date means, with respect to any Start Date, the last day of the most recent fiscal quarter of the Borrower ended immediately prior to such Start Date.

  • Amortization Commencement Date means the date on which an Amortization Event is deemed to occur pursuant to Section 20 hereof.

  • Measurement Date has the meaning set forth in Section 3.3(a).

  • Accumulation Commencement Date means January 1, 2021, or such later date as the Calculation Agent on behalf of the Issuer determines in accordance with Section 2.11 hereof.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Testing Date means each day which is: (i) the last day of the relevant Issuer's and the Guarantor's financial year in any year; or (ii) the last day of each of the first three quarters of the relevant Issuer's and the Guarantor's financial year in any year.

  • Period End Date The 15th day of each calendar month, with Adjustment. Fixed Rate: [ ]%. Fixed Rate Day Count Fraction: 30/360. Floating Amounts: Floating Rate Payer: [ ]. Floating Rate Payer Payment Dates: The 15th day of each calendar month commencing on [ ], subject to adjustment in accordance with the Following Business Day Convention.

  • Distribution Commencement Date means the Issue Date or such other date as may be specified as the Distribution Commencement Date on the face of such Perpetual Security;

  • Billing Commencement Date means the earlier of:

  • Covenant Testing Period means a period (a) commencing on the last day of the fiscal month of Parent most recently ended prior to a Covenant Trigger Event for which Borrowers are required to deliver to Agent monthly financial statements pursuant to Schedule 5.1 to this Agreement, and (b) continuing through and including the first day after such Covenant Trigger Event that Availability has equaled or exceeded the greater of (a) 15% of the Maximum Revolver Amount, and (b) $4,500,000 for 60 consecutive days.

  • Accumulation Period Amount means $41,666,666.67; provided, however, if the Accumulation Period Length is determined to be less than twelve (12) months pursuant to Section 3.10(b)(ii) of the Indenture Supplement, the Accumulation Period Amount shall be the amount specified in the definition of “Accumulation Period Amount” in the Indenture Supplement.

  • Quarterly Commencement Date means the 20th day of each of March, June, September and December in each year.

  • Quarterly (1/Quarter) sampling frequency means the sampling shall be done in the months of March, June, August, and December, unless specifically identified otherwise in the Effluent Limitations and Monitoring Requirements table.

  • Initial compliance period means the three-year compliance period that begins January 1, 1993, except for the MCLs for dichloromethane, 1,2,4-trichlorobenzene, 1,1,2-trichloroethane, benzo(a)pyrene, dalapon, di(2-ethylhexyl)adipate, di(2-ethyl- hexyl)phthalate, dinoseb, diquat, endothall, endrin, glyphosate, hexachlorobenzene, hexachlorocyclopentadiene, oxamyl, picloram, simazine, 2,3,7,8-TCDD, antimony, beryllium, cyanide, nickel, and thallium, as they apply to a supplier whose system has fewer than 150 service connections, for which it means the three-year compliance period that began on January 1, 1996.

  • Issuer Call Commencement Date means the first Business Day following the three year period from and including the Issue Date;

  • Testing Period means a single period consisting of the four consecutive fiscal quarters of the Borrower then last ended (whether or not such quarters are all within the same fiscal year), except that if a particular provision of this Agreement indicates that a Testing Period shall be of a different specified duration, such Testing Period shall consist of the particular fiscal quarter or quarters then last ended that are so indicated in such provision.

  • Early Amortization Period means the period commencing on the date on which a Trust Early Amortization Event or a Series 2023-A Early Amortization Event is deemed to occur and ending on the Series Termination Date.

  • Project Commencement Date means the commencement date notified to the Minister pursuant to clause 4(1);

  • Interim Distribution Date means the date as soon as reasonably practicable after the Plan Implementation Date;

  • Interest Commencement Date means the Issue Date or such other date as may be specified in the relevant Final Terms.

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

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • Scheduled Completion Date shall be the date set forth in Clause 10.3;