Examples of Testing Dates in a sentence
The Parent shall, if the Synthetic Senior Debt Service Cover Ratio is less than 1.25x for two consecutive Testing Dates, open the Special Capex Reserve Account in the name of the Facility Agent as soon as reasonably practicable and in any event by no later than the date falling 30 days prior to the next succeeding Testing Date.
On each Quarterly Testing Date (other than on Quarterly Testing Dates during the Post Dropdown Period (as defined below)), the Leverage Ratio will not exceed (A) 5.50 to 1.00 at any time other than during a Specified Acquisition Period and (B) 6.00 to 1.00 during a Specified Acquisition Period.
For purposes hereof, the "Virginia Testing Dates" and related "Thresholds" shall be June 21, 2005 - $410,000, July 21, 2005 - $542,000 and August 22, 2005 - $675,000.
Unless a joint testing program has been agreed to by the Parties, within five days of NEON's receipt of the Completion Notice, NEON shall notify CEC of the dates and times (the "Initial Testing Dates") on which NEON will determine whether the NEON Fibers are installed and operational in accordance with the Specifications ("Acceptance Testing").
In the event of delivery of Preliminary Testing Service after the Service Preliminary Testing Dates, of delivery of Full Testing Service after the Service Full Testing Dates, and/or of delivery of full Service after the Service Delivery Dates, where the delay is due to BT, the Customer will be entitled to claim Late Delivery Payments from BT calculated and payable in accordance with this Part 1 of Schedule 3.
For the avoidance of doubt, even if the first Spike Election results in the 3.5 Ratio Period being only one Testing Date, the second Spike Election may only allow the 3.5 Ratio Period to be no more than two consecutive Testing Dates.
NEON shall conduct Acceptance Testing in good faith and without unreasonable delay in accordance with the procedures set forth in the Acceptance Test Plan attached as APPENDIX 1.3.1 (the "Acceptance Test Plan") and shall complete its Acceptance Testing within thirty (30) days after the last of the Initial Testing Dates (the "Acceptance Test Plan Date").
Unless a joint testing program has been agreed to by the Parties, within five days of NEON's receipt of the Completion Notice, NEON shall notify Exelon of the dates and times (the "Initial Testing Dates") on which NEON will determine whether the NEON Fibers are installed and operational in accordance with the Specifications ("Acceptance Testing").