Weighted Average Coupon Test definition
Weighted Average Coupon Test means a test that will be satisfied as of any date of determination if the Weighted Average Coupon of the Fixed Rate Loans is equal to or greater than 7.0%.
Weighted Average Coupon Test. A test that will be satisfied as of any Measurement Date if the Weighted Average Coupon of the Fixed Rate Underlying Assets is equal to or greater than 7.50%.
Weighted Average Coupon Test means a test that will be satisfied as of any Measurement Date after the Effective Date if (a) the Aggregate Principal Balance of Fixed Rate Underlying Assets is zero or (b) the Weighted Average Coupon is equal to or greater than 7.50%.
Examples of Weighted Average Coupon Test in a sentence
Accordingly, (i) the Trustee, (ii) the Issuer, (iii) the Co-Issuer and (iv) the Insurer are entering into this supplemental indenture, dated as of February 19, 2004, pursuant to Section 8.2 of the Indenture to amend the Weighted Average Coupon Test, the Weighted Average Spread Test and the Moody's Maximum Rating Distribution Test.
More Definitions of Weighted Average Coupon Test
Weighted Average Coupon Test means a test that will be satisfied if the Weighted Average Coupon exceeds the Minimum Weighted Average Coupon.
Weighted Average Coupon Test means a test that will be satisfied on the Ramp-Up Completion Date if the Weighted Average Coupon with respect to CMBS and Secondary Senior Notes is equal to or greater than 5.35% on such date.
Weighted Average Coupon Test. Weighted Average Spread" and "Weighted Average Spread Test" with the following:
Weighted Average Coupon Test means a test that will be satisfied as of any Measurement Date if the Weighted Average Coupon is equal to or greater than 7.5%.
Weighted Average Coupon Test. A test with respect to the Collateral Debt Obligations that is satisfied if, as of any date of determination, the Weighted Average Coupon as of such date of determination equals or exceeds the Minimum Weighted Average Coupon for such date of determination.
Weighted Average Coupon Test means a test that is satisfied on any Measurement Date on and after the Effective Date if the Weighted Average Coupon as of such Measurement Date is equal to or greater than [**].
Weighted Average Coupon Test. A test that will be satisfied as of any Measurement Date if the Weighted Average Coupon of the Fixed Rate Obligations is equal to or greater than 6.00%. "Weighted Average Floating Spread": As of any Measurement Date, the number obtained by dividing: (a) the amount equal to (A) the Aggregate Funded Spread plus (B) the Aggregate Unfunded Spread; by