Examples of Class B Interest Coverage Test in a sentence
Class B Interest Coverage Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class B Interest Coverage Ratio is at least equal to the percentage specified in the definition of "Coverage Test".
Class B Coverage Tests means the Class B Interest Coverage Test and the Class B Par Value Test.
The same set of statistical tests are used to com- pare within the upper or lower groups (PJU versus JU, and PJL versus JL).
The Coverage Tests The Coverage Tests consist of the Class A Interest Coverage Test, the Class A Overcollateralization Test, the Class B Interest Coverage Test and the Class B Overcollateralization Test.
Each of the Class B Interest Coverage Test and the Class C Interest Coverage Test are collectively referred to as the “Mezzanine Interest Coverage Tests”.