Minimum Diversity Score Test definition
Minimum Diversity Score Test means a test that will be satisfied on any Measurement Date if the Diversity Score (calculated as a single number in accordance with standard diversity scoring methodology using S&P Industry Classifications) equals or exceeds 14.
Minimum Diversity Score Test means a test that will be satisfied on any date of determination if the Diversity Score as of such date equals or exceeds 13; provided that for purposes of calculating compliance with the Minimum Diversity Score Test, with respect to any Collateral Asset which has been sold in accordance with this Agreement or has been prepaid, such Collateral Asset shall be treated as outstanding until the earlier of (x) its related maturity date and (y) the date on which all or any portion of the related Principal Proceeds has been reinvested in one or more additional Collateral Assets or otherwise disbursed from the Collection Account pursuant to Section 9.01.
Minimum Diversity Score Test means a test that will be satisfied on any date of determination if the Diversity Score of the Collateral Obligations, calculated as a single number in accordance with standard diversity scoring methodology using DBRS Industry Classifications, equals or exceeds the Row
Examples of Minimum Diversity Score Test in a sentence
On or prior to the date on which the Ramp Amount is first achieved, the Collateral Manager shall elect the “row/column” combination of the Asset Quality Matrix that shall on and after such date apply to the Loans for purposes of determining compliance with the Minimum Weighted Average Spread Test, the Minimum Diversity Score Test and the Maximum Weighted Average Rating Factor Test, and shall provide notice of such election to the Administrative Agent.
More Definitions of Minimum Diversity Score Test
Minimum Diversity Score Test. A test that will be satisfied on any date of determination if the Diversity Score (rounded to the nearest whole number) equals or exceeds the number set forth in the column entitled “Minimum Diversity Score” in the Asset Quality Matrix at the intersection of the applicable row/column combination chosen by the Collateral Manager (or interpolating between two adjacent rows or columns, as applicable) in accordance with Section 6.20.
Minimum Diversity Score Test. ” means a test that will be satisfied on any Measurement Date if the Diversity Score (calculated as a single number in accordance with standard diversity scoring methodology using S&P Industry Classifications) equals or exceeds 14.
Minimum Diversity Score Test means a test that shall be satisfied if the Diversity Score (rounded to the nearest whole number) equals or exceeds, on any Measurement Date on which the Collateral Principal Amount is (i) at least U.S.$50,000,000 but less than U.S.$100,000,000, greater or equal to 8, (ii) at least U.S.$100,000,000 but less than U.S.$150,000,000, greater or equal to 13 or (iii) at least U.S.$150,000,000, greater or equal to 18.
Minimum Diversity Score Test means a test that will be satisfied on any date of determination if the Diversity Score as of such date equals or exceeds 12. DOCPROPERTY "DocID" \* MERGEFORMAT USActive 60781347.5