Initial Test Date definition
Examples of Initial Test Date in a sentence
Borrower shall not permit Consolidated EBITDA as of the last day of any fiscal quarter of Borrower commencing with the first full fiscal quarter ending after the fiscal quarter in which the ▇▇▇▇ Las Vegas Reorganization occurs and ending with the fiscal quarter prior to the fiscal quarter in which the Initial Test Date occurs to be less than $200.0 million.
At any time that a FCCR Trigger Event has occurred and is continuing (including, for the avoidance of doubt, on any FCCR Initial Test Date), the Borrowers shall not permit the Consolidated Fixed Charge Coverage Ratio to be less than 1.00 to 1.00 as of the last day of any FCCR Test Period.
Upon the occurrence and during the continuation of a FCCR Trigger Event (including, for the avoidance of doubt, on any FCCR Initial Test Date), the Lead Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio to be less than 1.00 to 1.00 as of the last day of the applicable FCCR Test Period.
At any time that a FCCR Trigger Event has occurred and is continuing (including, for the avoidance of doubt, on any FCCR Initial Test Date), the Borrower shall not permit the Consolidated Fixed Charge Coverage Ratio to be less than 1.00 to 1.00 as of the last day of any FCCR Test Period.
Test dates include: March 19, 2013 Initial Test Date April 2, 2013 Makeup Test Date March 19-April 2, 2013 Accommodations Testing Window April 23, 2013 Initial Test Date May 7, 2013 Makeup Test Date April 23-May 7, 2013 Accommodations Testing Window Districts seeking to participate in this program must take special note of and agree to the following (please initial each): The district will select one of two test options: The ACT or The ACT Plus Writing.