Financial test means a corporate or local government financial test or guarantee approved for type II landfills under 42 USC 6941 to 6949a and regulations promulgated thereunder. An owner or operator may use a single financial test for more than 1 facility. Information submitted to the department to document compliance with the test shall include a list showing the name and address of each facility and the amount of funds assured by the test for each facility. For purposes of the financial test, the owner or operator shall aggregate the sum of the closure, postclosure, and corrective action costs it seeks to assure with any other environmental obligations assured by a financial test under state or federal law.

Financial test means a corporate or local

Financial test means a corporate or local government

Examples of Financial test in a sentence

ATCP 93.710 Financial test of self−insurance.ATCP 93.713 Guarantee.ATCP 93.715 Insurance and risk retention group coverage.
Within 60 days after receiving certifications from the owner or operator and a qualified Professional Engineer that final closure has been completed in accordance with the approved closure plan, the director will notify the owner or operator in writing that he is no longer required by this section to maintain liability coverage for that facility, unless the director has reason to believe that closure has not been in accordance with the approved closure plan.(f) Financial test for liability coverage.
Financial test and corporate guarantee for closure of a solid waste facility.
SPS 310.710 Financial test of self−insurance.SPS 310.713 Guarantee.SPS 310.715 Insurance and risk retention group coverage.
Do not use water jet as an extinguisher, as this will spread the fire.Not applicable.

More Definitions of Financial test

Financial test means the financial test specified in Paragraph (b) of this Rule.

Financial test shall be passed by the New Party where its:

Financial test means with respect to any Person (i) having a Tangible Net Worth equal to or greater than Ten Million and No/100 Dollars ($10,000,000.00) and (ii) having a Debt to Equity Ratio no greater than 3.2 to 2.

Financial test means that Guarantor and Tenant, collectively, have unrestricted cash and cash equivalents and short term investments, as determined in accordance with generally accepted accounting principles, consistently applied, equal to at least $75,000,000

Financial test means that Guarantor, on a consolidated basis, has unrestricted cash, cash equivalents and short-term investments, as determined in accordance with generally accepted accounting principles, consistently applied, equal to at least $50,000,000 in United States dollars. If, at any time after the Letter of Credit is increased pursuant to the foregoing, Guarantor subsequently meets the Financial Test for three complete calendar quarters in a row and reasonably evidences the same to Landlord, then, provided that Tenant is not then in default beyond applicable notice or cure periods and no Bankruptcy Event (as defined below) is then in effect, Tenant shall be entitled to reduce the Letter of Credit by the amount of $1,500,000 (but to an amount equal to no less than $1,493,105.25) until such time, if any, that Guarantor subsequently fails to meet the Financial Test.”

Financial test means, with respect to any Transferee, Guarantor or Controlling Person which is required to meet such test, that such Transferee, Guarantor or Controlling Person, as the case may be, has (calculated as of the date immediately following the consummation of any Transfer, after giving effect to all actual, committed or anticipated bridge or permanent financing or debt transactions in connection with the Transfer or reasonably contemplated within either (i) a credit rating of not less than BBB issued by a Credit Rating Agency.