Class C Overcollateralization Test definition
Class C Overcollateralization Test means the Overcollateralization Test as applied to the Class C Notes.
Class C Overcollateralization Test means a test satisfied on any Measurement Date occurring on or after the Ramp-Up Completion Date and on which any Class C Notes remain outstanding if the Class C Overcollateralization Ratio on such Measurement Date is equal to or greater than 113.0%.
Class C Overcollateralization Test means the test which will apply as of any Measurement Date and which will be satisfied on such Measurement Date if the Class C Overcollateralization Ratio is at least equal to 106.6 per cent.
More Definitions of Class C Overcollateralization Test
Class C Overcollateralization Test means a test that, for so long as any of the Class A Notes, Class B Notes or Class C Notes remain Outstanding, will be satisfied on any Measurement Date occurring on or after the Closing Date if the Class C Overcollateralization Ratio on such Measurement Date is equal to or greater than 100.78%.
Class C Overcollateralization Test. The Overcollateralization Test as applied to the Class C Notes.
Class C Overcollateralization Test means, for so long as any Class A Notes, Class B Notes or Class C Notes remain outstanding, a test satisfied on any Measurement Date occurring on or after the Ramp-Up Completion Date if the Class C Overcollateralization Ratio on such Measurement Date is equal to or greater than 105.50%.
Class C Overcollateralization Test. On any date of determination on which any Class C Notes remain Outstanding, a test that is satisfied if the Class C Overcollateralization Ratio on such date of determination equals or exceeds 129.90%.
Class C Overcollateralization Test. A test that will be satisfied on any Measurement Date if the Class C Overcollateralization Ratio is at least equal to the specified Required Level indicated in the table in the definition of "Overcollateralization Test."