Senior Coverage Tests definition
Senior Coverage Tests means the Senior Par Value Test and the Senior Interest Coverage Test.
Senior Coverage Tests means each of the Senior Overcollateralization Ratio Test and the Senior Interest Coverage Ratio Test.
Senior Coverage Tests means the Senior Par Value Test and the Senior Interest Coverage Test, each of which shall be satisfied on a Measurement Date if the corresponding Senior Par Value Ratio or Senior Interest Coverage Ratio (as specified below) is at least equal to the percentage specified in the table below in relation to that Senior Coverage Test.
More Definitions of Senior Coverage Tests
Senior Coverage Tests means the Senior Interest Coverage Test and the Senior Par Value Test. "Senior Expenses Cap" means €375,000.
Senior Coverage Tests means the Senior Par Value Test and the Senior Interest Coverage Test, each of which shall be satisfied on a Measurement Date if the corresponding Senior Par Value Ratio or Senior Interest Coverage Ratio (as specified below) is at least equal to the percentage specified in the table below in relation to that Senior Coverage Test.
Senior Coverage Tests means the Senior Interest Coverage Test and the Senior Par Value Test. "Senior Expenses Cap" means €375,000.