Solvency Test Date definition

Solvency Test Date. ’ means 31st December of the preceding year;
Sample 1Sample 2Sample 3
Solvency Test Date the date that is six months prior to the Term Loan Maturity Date.
Sample 1Sample 2Sample 3
Solvency Test Date means October 5, 2028 (the date that is six months prior to the Scheduled Maturity Date).
Sample 1Sample 2

More Definitions of Solvency Test Date

Solvency Test Date means March 1, 2031 (the date that is six months prior to the Scheduled Maturity Date).
Sample 1Sample 2
Solvency Test Date means , 20 (the date that is six months prior to the Scheduled Maturity Date).
Sample 1
Solvency Test Date means December 30, 2049.
Sample 1

Related to Solvency Test Date

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

  • Test Period means, on any date of determination, the period of four consecutive fiscal quarters of the Borrower then most recently ended (taken as one accounting period).

  • Relevant Test Period With respect to any Loan, the relevant test period for the calculation of Net Senior Leverage Ratio, Interest Coverage Ratio, Total Net Leverage Ratio or EBITDA as applicable, for such Loan in accordance with the related Underlying Instruments or, if no such period is provided for therein, (i) for Obligors delivering monthly financial statements, each period of the last twelve (12) consecutive reported calendar months, and (ii) for Obligors delivering quarterly financial statements, each period of the last four (4) consecutive reported fiscal quarters of the principal Obligor on such Loan; provided that with respect to any Loan for which the relevant test period is not provided for in the related Underlying Instruments, if an Obligor is a newly-formed entity as to which twelve (12) consecutive calendar months have not yet elapsed, “Relevant Test Period” shall initially include the period from the date of formation of such Obligor to the end of the twelfth (12th) calendar month or fourth (4th) fiscal quarter (as the case may be) from the date of formation, and shall subsequently include each period of the last twelve (12) consecutive reported calendar months or four (4) consecutive reported fiscal quarters (as the case may be) of such Obligor.

  • Measurement Period shall have the meaning specified in Section 14.01(b)(i).

  • DSCR means debt service coverage ratio.