First Test Date definition

First Test Date means the Quarter Date falling at the end of the first full Financial Quarter following the Utilisation Date.

First Test Date. The first Quarter Date falling after four (4) complete Financial Quarters following the Closing Date. Effect of a breach: As per the Precedent Senior Facilities Agreement ignoring any references to the Guarantee Facility. Equity Cure Rights: As per the Precedent Senior Facilities Agreement.

First Test Date means March 31, 2013.

Examples of First Test Date in a sentence

• The options are subject to performance conditions tested at the First Test Date and vest on 1 January 2019.

• The existence of such term is necessary for the surplus-maximization criterion: it guarantees that gap-filling according to this criterion will not undermine the distributive consequences of the deal.

• On the First Test Date, the Holder will be entitled to a conversion of 41.6667 Performance Shares to Shares.

• On and after the First Test Date, the DSCR in respect of any Calculation Period, as tested in accordance with Clause 19.4 (Financial Covenants Calculation), shall not be less than the ratio set out in column 2 opposite the Calculation Period.

• Thereafter, the results on factor analysis employed to bring intercorrelated attributes (items) of social competence aspects together, under more general and underlying variables to be used as new scores, which are fewer and appropriate for use in Poisson and multiple regression models are presented.

More Definitions of First Test Date

First Test Date means 30 September 2011.

First Test Date means 31 December 2023.

First Test Date means last day of the month for which Agent has received the financial statements required under Section 9.9. For example, if a Financial Covenant Triggering Event occurred on June 30, 2012 and the last month for which Agent has received the financial statements required under Section 9.9 is May, 2012, then the First Test Date is May 31, 2012 for the twelve (12) consecutive months ended on the First Test Date.

First Test Date has the meaning given to that term in Clause 18.4 (Financial definitions). GAAP means IFRS.

First Test Date means 31 March 2017.”

First Test Date has the meaning set forth in Section 7.5(e)(iii).

First Test Date has the meaning given to that term in Clause 19.3 (Financial Definitions);