Class C Par Value Ratio definition

Class C Par Value Ratio means, as of any Measurement Date on and after the Effective Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Adjusted Collateral Principal Amount by (b) the sum of the Principal Amount Outstanding of each of the Class A Notes, the Class B Notes and the Class C Notes.

Class C Par Value Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the Par Coverage Amount by the Principal Amount Outstanding of the Class A Notes, the Class B Notes and the Class C Notes.

Class C Par Value Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Aggregate Collateral Balance less the Par Value Test Excess Adjustment Amount by (b) the sum of the Principal Amount Outstanding of each of the Class A-1 Notes, Class B Notes and the Class C Notes, the Class A-1D Drawn Amount, the Drawn Amount of Class A-1R Advances and the Class A-1R Allocated Commitment (with Class A-1R Sterling Advances and any Class A-1R Allocated Commitment denominated in Sterling converted into Euro at the then prevailing Spot Rate).

Examples of Class C Par Value Ratio in a sentence

• Par Value Ratio means the Class A Par Value Ratio, the Class B Par Value Ratio, the Class C Par Value Ratio, the Class D Par Value Ratio or the Class E Par Value Ratio (as applicable).Par Value Test means the Class A Par Value Test, the Class B Par Value Test, the Class C Par Value Test, the Class D Par Value Test or the Class E Par Value Test (as applicable).

• The Reinvestment Test: The “Reinvestment Test” will be satisfied, as of any MeasurementDate, if the Class C Par Value Ratio is at least 102.40 per cent.

• Class C Par Value Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class C Par Value Ratio is at least equal to the percentage specified in the definition of "Coverage Test".

• To deliver these changes we need to make changes to amateur radio licences and to vary them.

• Class C Par Value Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Aggregate Collateral Balance less the Par Value Test Excess Adjustment Amount by (b) the sum of the Principal Amount Outstanding of each of the Class A Notes, the Class B Notes and the Class C Notes.

More Definitions of Class C Par Value Ratio

Class C Par Value Ratio means, as of any Measurement Date on and after the Effective Date, the ratio (expressed as a percentage) obtained by dividing:

Class C Par Value Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Aggregate Collateral Balance less the Par Value Test Excess Adjustment Amount by (b) the sum of the Principal Amount Outstanding of each of the Class A-T Notes, Class B Notes and the Class C Notes, the Drawn Amount of Class A-R Advances and the Class A-R Allocated Commitment (with Class A-R Sterling Advances and any Class A-R Allocated Commitment denominated in Sterling converted into Euro at the then prevailing Spot Rate) plus an amount equal to the aggregate of all Liquidity Drawings (other than those relating to any Interest Payment Drawdowns and Subordinated Interest Payment Drawdowns) outstanding under the LiquidityFacility applicable to the Payment Date immediately following such Payment Date (determined by reference to the circumstances existing as at such Measurement Date).

Class C Par Value Ratio means, as at any Measurement Date, the ratio (expressed as a percentage) obtained by dividing (a) the Par Coverage Numerator by (b) the sum of the Super Senior Swap Notional Amount, the aggregate Principal Amount of the Senior Notes and the Class C Notes and each amount then available for Addition or Replenishment which has not been used to make an Addition or Replenishment, as the case may be.

Class C Par Value Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing the CDO Principal Balance less the Par Value Test Excess Adjustment Amount by the aggregate principal amount Outstanding of the Class A Senior Notes, the Class B Senior Notes and the Class C Deferrable Interest Notes.

Class C Par Value Ratio means, as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing (a) the amount equal to the Aggregate Collateral Balance less the Par Value Test Excess Adjustment Amount by(b) the sum of the Principal Amount Outstanding of each of the Class A Notes, the Class B Notes and the Class C Notes.

Class C Par Value Ratio means, in respect of the Class C Notes, the ratio (expressed as a percentage) obtained by:Dividing

Class C Par Value Ratio means as of any Measurement Date, the ratio (expressed as a percentage) obtained by dividing (a) the Aggregate Collateral Balance by (b) the Principal Amount Outstanding of the Class A Notes, the Class B Notes and the Class C Notes (provided that for the purposes of the Class C-2 Notes, the Principal Amount Outstanding in Euro shall be converted into U.S. Dollars at the Class C-2 Hedge Exchange Rate).