Statutory Tests definition
Statutory Tests means such tests provided for under article 3 of Decree 310 and namely: (i) the Nominal Value Test, (ii) the Net Present Value Test and (iii) the Interest Coverage Test, as further defined under clause 2 of the Cover Pool Management Agreement;
Statutory Tests means such tests provided for under article 3 of Decree No. 310 and namely:
Statutory Tests means such tests provided for under article 7-undecies of the Securitisation and Covered Bond Law and namely: (i) the Nominal Value Test, (ii) the Net Present Value Test and (iii) the Interest Coverage Test, as further defined under Clause 2 (Statutory Tests and Asset Coverage Tests) of the Cover Pool Management Agreement.
More Definitions of Statutory Tests
Statutory Tests means the tests set out in the Secondary Covered Bond Legislation; "Stock Exchange" means the Irish Stock Exchange;
Statutory Tests means such tests provided for under article 7-undecies of the Securitisation and Covered Bond Law and namely: (i) the Nominal Value Test, (ii) the Net Present Value Test and
Statutory Tests means such tests provided for under article 3 of Decree No. 310 and namely: (i) the Nominal Value Test, (ii) the Net Present Value Test and (iii) the Interest Coverage Test, as further described in the Section named "Credit Structure" above.
Statutory Tests means the tests set out or referred to in the Covered Bond Legislation and Paragraphs 2 (Basic Cover Nominal Value Test), 3 (Basic Cover Net Present Value Test), 4 (Interest Cover Test), 5 (Pre-Maturity Test), 6 (Weighted Average Life Test) and 7 (Supervisory Overcollateralisation Test) of Schedule 6 (Statutory Tests) to the Servicing Deed and, for the avoidance of doubt although not required to be satisfied by the Covered Bond Legislation, Paragraph 1 (Bond Coverage Test);
Statutory Tests means such tests provided for under article 3 of MEF Decree and namely: (i) the Nominal Value Test, (ii) the Net Present Value Test and (iii) the Interest Coverage Test.