25% Test definition

25% Test. The restriction on Transfer of Units set forth in Section 5.11(c)(i).
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25% Test means less than 25% of the value (or any lower threshold determined by the Manager) of either Continuing Income Units or Termination Units (excluding any holdings by a member of the Combined Company (other than a Benefit Plan Investor) or any person that has discretionary authority or control over the assets of the Combined Company or provides investment advice for a fee, and affiliates of such persons) as determined for purposes of the Plan Asset Regulation
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25% Test. The restriction on Transfer of the Certificates set forth in Section 5.04(h).
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Examples of 25% Test in a sentence

  • If the Trust Agreement does not provide for the 25% Test, the Prohibited Transaction Exemption Restriction or the No Plan Restriction to apply, then none of Section 5.11(c)(i), (ii) or (iii) will apply to the Units governed thereby.

  • Table 2.5 Test methods Testing of 5.2.2 If testing facilities, equipment and inspection personnel of external inspection bodies are engaged the workshop in question has to ensure that the conditions according to 3.

  • Guideline 25: Test Facilities Manual A manual giving detailed guidance for items like room layout, handling of "rare events" such as illness of applicants, disturbances or attempts at cheating should be available.

  • It was his sixth Test hundred on Australian soil, joining boyhood hero Sachin Tendulkar, and he became the second-quickest batsman in Test history to score 25 Test hundreds (in 127 innings) after Sir Donald Bradman's 68 innings.Post tea, Aaron Finch (25 retd hurt) didn't come out to bat after being hit by Mohammed Shami (2-23) in the 13th over.

  • All appropriate NFPA 12, 20 and 25 Test Certificate’s and documentation shall be provided to the University as part of the project Closeout documentation.

  • This trial should use a cycle varying progressively from water to oily mixture with approximately 25%* Test Fluid content and back to water every 15 minutes, and should test adequately any automatic device which is fitted.

  • The assets of the Add-On Plan in the Commingled Fund do not comprise more than 25 percent (25%) of the value of the aggregate assets of such fund, as measured on the day immediately following the initial commingling of their assets (the 25% Test).

  • Components of Internal Evaluation of the course “Computerised Accounting” are – Attendance 25%, Test paper 50% and Practical 25%.

  • However, in the event that less than all of the assets of an Add-On Plan are invested in a Commingled Fund on the date of the initial transfer of such Add-On Plan’s assets to such fund, it is the Department’s view that subsequent transfers to such Commingled Fund of some or all of the assets that remain in such plan would trigger a re-calculation of the 25% Test.

  • We also clarified the thermal resistance test methods for packagings for oxygen cylinders and oxygen generators in Appendix D to Part 178, and added a new Appendix E to Part 178—Flame Penetration Resistance to incorporate the standards in Part III of Appendix F to 14 CFR Part 25, Test Method to Determine Flame Penetration Resistance of Cargo Compartment Liners Flame Penetration Resistance Test.

Related to 25% Test

  • Start-Up Testing means the completion of applicable required factory and start-up tests as set forth in Exhibit C.

  • Acceptance Test is a test of the Features executed by the Customer to prepare the acceptance.

  • Acceptance Testing mean the tests, reviews and other activities that are performed by or on behalf of Agency to determine whether the Deliverables meet the Acceptance Criteria or otherwise satisfy the Agency, as determined by the Agency in its sole discretion.

  • Genetic test means an analysis of human DNA, RNA, chromosomes, proteins, or metabolites, that detect genotypes, mutations, or chromosomal changes. The term “genetic test” does not mean an analysis of proteins or metabolites that does not detect genotypes, mutations, or chromosomal changes; or an analysis of proteins or metabolites that is directly related to a manifested disease, disorder, or pathological condition that could reasonably be detected by a health care professional with appropriate training and expertise in the field of medicine involved.

  • Commissioning test means tests applied to the Generating Facility, after completion of the construction of the Generating Facility, in order to verify that the Generating Facility may be released for Operation.

  • Asset Test means, for an Asset Review, each Test, as defined in the Asset Representations Review Agreement, in Schedule A to the Asset Representations Review Agreement to be performed by the Asset Representations Reviewer on the related Asset Review Receivables.

  • Acceptance Tests means those tests performed during the Performance Period which are intended to determine compliance of Equipment and Software with the specifications and all other Attachments incorporated herein by reference and to determine the reliability of the Equipment.

  • Coverage Test means each of the Class A/B Par Value Test, the Class A/B Interest Coverage Test, the Class C Par Value Test, the Class C Interest Coverage Test, the Class D Par Value Test, the Class D Interest Coverage Test, the Class E Par Value Test and the Class E Interest Coverage Test.

  • Class C Coverage Tests means the Class C Interest Coverage Test and the Class C Par Value Test.

  • Performance Test means all operational checks and tests required to determine the performance parameters including inter-alia capacity, efficiency and operating characteristics of the Stores as specified in the Contract.

  • Test means such test as is prescribed by the particulars or considered necessary by the Inspecting Officer whether performed or made by the Inspecting Officer or any agency acting under the direction of the Inspecting Officer;

  • Penetration Testing means security testing in which assessors mimic real-world attacks to identify methods for circumventing the security features of an application, system, or network. (NIST SP 800-115)

  • Delinquency Test means, for any Payment Date, a test that will be satisfied if

  • Class D Coverage Tests means the Class D Interest Coverage Test and the Class D Par Value Test.