Examples of Class C Interest Coverage Test in a sentence
The "Class C Coverage Tests" will consist of the Class C Overcollateralization Test and the Class C Interest Coverage Test.
The “Coverage Tests” will consist of the Class A/B Overcollateralization Test and the Class A/B Interest Coverage Test (together, the “Class A/B Coverage Tests”) and the Class C Overcollateralization Test and the Class C Interest Coverage Test (together, the “Class C Coverage Tests”).
The Issuer is not required to satisfy the Class C Interest Coverage Test, the Class D Interest Coverage Test or the Class E Interest Coverage Test until the second Payment Date.
Interest Coverage Test means the Class A/B Interest Coverage Test, the Class C Interest Coverage Test, the Class D Interest Coverage Test and the Class E Interest Coverage 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”.