Collateral Portfolio Test definition
Collateral Portfolio Test means, as of any Measurement Date on and after the Effective Date, a test that will be satisfied if both (i) the First Lien Loan Percentage is not less than 100% and (ii) the Recurring Revenue Loan Percentage is not more than 55%.
Collateral Portfolio Test means, as of any Measurement Date on and after the Effective Date, a test that will be satisfied if both