Test Grace Period definition

Test Grace Period means the period starting from the Calculation Date on which the breach of a test is notified by the Calculation Agent and ending on the 3rd (third) following Calculation Date;
Sample 1Sample 2Sample 3
Test Grace Period means the period starting from the Calculation Date on which the breach of a test is notified by the Calculation Agent and ending on the date falling 90 (ninety) days after such Calculation Date;
Sample 1Sample 2Sample 3
Test Grace Period means the period starting from the Test Calculation Date on which the breach of a test is notified by the Test Calculation Agent and ending on the immediately following Test Calculation Date.
Sample 1Sample 2Sample 3

Examples of Test Grace Period in a sentence

  • Segregation Events A Segregation Event will occur upon the notification bythe Calculation Agent that a breach of the Mandatory Tests and/or the Amortisation Test and/or, prior to the delivery of an Issuer Default Notice, the Asset Coverage Test, has not been remedied within the applicable Test Grace Period.

  • Medical records can only be added by the manager if the patient associated with the data has not yet been admitted.

  • Breach of Tests: the Tests are breached and are not remedied within the Test Grace Period; then the Representative of the Covered Bondholders shall serve an Issuer Default Notice on the Issuer and the Guarantor demanding payment under the Covered Bond Guarantee, and specifying, in case of the Issuer Event of Default referred to under item (v) (Article 74 resolution) above, that the Issuer Event of Default may be temporary.

  • Segregation Event A Segregation Event will occur upon the notification by the Test Calculation Agent to the Guarantor and the Representative of the Bondholders that a breach of the Mandatory Tests has not been remedied within the applicable Test Grace Period.

  • Breach of Tests: the Tests are breached and are not remedied within the Test Grace Period, then the Representative of the Covered Bondholders shall serve an Issuer Default Notice on the Issuer and the Guarantor demanding payment under the Covered Bond Guarantee, and specifying, in case of the Issuer Event of Default referred to under item (v) (Article 74 resolution) above, that the Issuer Event of Default may be temporary.

  • Segregation Events A Segregation Event will occur upon the notification by theCalculation Agent that a breach of the Mandatory Tests and/or the Amortisation Test and/or, prior to the delivery of an Issuer Default Notice, the Asset Coverage Test, has not been remedied within the applicable Test Grace Period.

  • At times, the Superintendent has relied on the presumption against preemption to support her position.

  • Should the relevant breach have not been remedied prior to the expiry of the applicable Test Grace Period, in accordance with the Article 4.1 of the Portfolio Management Agreement, a Segregation Event has occurred and the Representative of the Bondholders shall serve a notice (the “Bre ach o f Tes t No tice ”) to the Issuer, the Seller and the Guarantor.

  • As at 31 December 2017, the Group has entered into agreements with holders of medium- term notes that had been overdue with principal amounts of RMB918 million on settlement plans to extend the repayment of RMB521 million to 2018 and RMB397 million to after 2018.

  • This section provides clear understanding of various rail safety issues; problems and all micro-level factors that could contribute to rail accidents are discussed in this chapter.


More Definitions of Test Grace Period

Test Grace Period means the period starting on the Test Performance Report Date on which a Test Performance Report notifying the breach of any of the Mandatory Tests and/or of the Asset Coverage Test is delivered by the Test Calculation Agent and ending on the following Test Performance Report Date.
Sample 1Sample 2
Test Grace Period means the 20 (twenty) Business Day period starting on the Test Calculation Date on which a Test Performance Report assessing that a breach of Test has occurred is delivered by the Test Calculation Agent.
Sample 1Sample 2
Test Grace Period means the period starting from the Calculation Date on which the breach of a test is notified by the Calculation Agent and ending on the date falling 90 (ninety) days after such Calculation Date.”;(r) on page 95 of the Base Prospectus, in Condition 7(b) (Redemption and Purchase - Extension of maturity), the second paragraph is replaced by the following:
Sample 1

Related to Test Grace Period

  • Grace Period means the 30-day period following expiration of a license when the license is still considered to be active. In order to renew a license during the grace period, a licensee is required to pay a late fee.

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

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

  • Investment Grade Status shall occur when the Notes receive two of the following:

  • Maintenance Period shall have the meaning set forth in Clause 14.1; “Maintenance Requirements” shall have the meaning set forth in Clause 14.2;

  • Suspension Period shall have the meaning assigned thereto in Section 2(b).

  • Rating period means the calendar period for which premium rates established by a small employer carrier are assumed to be in effect.

  • RDDS test Means one query sent to a particular “IP address” of one of the servers of one of the RDDS services. Queries shall be about existing objects in the Registry System and the responses must contain the corresponding information otherwise the query will be considered unanswered. Queries with an RTT 5 times higher than the corresponding SLR will be considered as unanswered. The possible results to an RDDS test are: a number in milliseconds corresponding to the RTT or undefined/unanswered.

  • Test Period on any date of determination, the period of four consecutive fiscal quarters of the Borrower (in each case taken as one accounting period) most recently ended on or prior to such date for which financial statements have been or are required to be delivered pursuant to Section 6.1.