Maximum Advance Rate Test Calculation Statement definition

Maximum Advance Rate Test Calculation Statement means a statement in substantially the form attached to the form of Notice of Borrowing, form of Notice of Withdrawal and form of Notice of Prepayment attached hereto, as such form of Maximum Advance Rate Test Calculation Statement may be modified by the Administrative Agent from time to time to the extent modifications to such form would, in the good faith opinion of the Administrative Agent, improve the accuracy of the calculation of any Maximum Advance Rate Test, and any other calculations necessary to satisfy the conditions precedent to each Borrowing required hereunder.
Maximum Advance Rate Test Calculation Statement means a statement in substantially the form attached to the form of Notice of Borrowing, form of Notice of Withdrawal and form of Notice of Prepayment attached hereto as Exhibit A-1, Exhibit A-2 and Exhibit B, respectively, as such form of Maximum Advance Rate Test Calculation Statement may be modified by the Administrative Agent from time to time with the consent of the Borrower (not to be unreasonably withheld, conditioned or delayed) to the extent modifications to such form would, in the good faith opinion of the Administrative Agent, improve the accuracy of the calculation of the Maximum Advance Rate Test, the Class A Maximum Advance Rate Test or the Class B Maximum Advance Rate Test, as applicable, and any other calculations necessary to satisfy the conditions precedent to each Borrowing required hereunder, in each case, in a manner consistent with the other terms of this Agreement.
Maximum Advance Rate Test Calculation Statement means a statement in substantially the form attached to the form of Notice of Borrowing attached hereto as Exhibit A, as such form of Maximum Advance Rate Test Calculation Statement may be modified by the Administrative Agent from time to time to the extent modifications to such form would, in the good faith opinion of the Administrative Agent, improve the accuracy of the calculation of the Class A Maximum Committed Advance Rate Test or the Class A Maximum Advance Rate Test, as applicable, or the Class B Maximum Committed Advance Rate Test or the Class B Maximum Advance Rate Test, as applicable, and any other calculations necessary to satisfy the conditions precedent to each Borrowing required hereunder.

Examples of Maximum Advance Rate Test Calculation Statement in a sentence

  • Each Notice of Borrowing shall be substantially in the form of Exhibit A hereto, dated the date the request for the related Borrowing is being made, signed by a Senior Officer of the Borrower, shall attach a Maximum Advance Rate Test Calculation Statement and shall otherwise be appropriately completed.

  • Each Monthly Report shall also include a Maximum Advance Rate Test Calculation Statement determined as of the last day of the Collection Period applicable to such Monthly Report.


More Definitions of Maximum Advance Rate Test Calculation Statement

Maximum Advance Rate Test Calculation Statement means a statement in substantially the form attached to the form of Notice of Borrowing attached hereto as Exhibit A, as such form of Maximum Advance Rate Test Calculation Statement may be modified by the Administrative Agent from time to time to the extent modifications to such form would, in the good faith opinion of the Administrative Agent, improve the accuracy of the calculation of the Class A Maximum Committed Revolving Advance Rate Test or the Class A Maximum Revolving Advance Rate Test, as applicable, or the Class B Maximum Committed Revolving Advance Rate Test or the Class B Maximum Revolving Advance Rate Test, as applicable, or the Maximum Static Advance Rate Test, as applicable and any other calculations necessary to satisfy the conditions precedent to each Borrowing required hereunder.