Amortisation Test Aggregate Asset Amount definition
Amortisation Test Aggregate Asset Amount means A + B + C – Z.
Amortisation Test Aggregate Asset Amount has the meaning ascribed thereto in the Asset Monitoring Agreement.
Amortisation Test Aggregate Asset Amount has the meaning ascribed thereto in Schedule 2 of the Asset Monitoring Agreement;
Examples of Amortisation Test Aggregate Asset Amount in a sentence
In this respect, the Asset Monitor shall be provided with figures for the items listed in Clause 4.2 and shall test that (a) A, B, C, Y and Z and the Amortisation Test Aggregate Asset Amount have been calculated in accordance with Schedule 3 to the Asset Monitoring Agreement; and (b) whether or not the Amortisation Test Aggregate Asset Amount is equal to or greater than the aggregate Principal Amount Outstanding of the Covered Bonds.