Portfolio Tests definition

Portfolio Tests. (i) the Minimum Floating Spread Test and (ii) the Weighted Average Life Test.
Sample 1Sample 2Sample 3
Portfolio Tests means the tests described in Clause 20 (Portfolio Tests).
Sample 1Sample 2
Portfolio Tests means the following:
Sample 1

Examples of Portfolio Tests in a sentence

  • Even if additional standby total return swap arrangements and/or portfolio tests are implemented, there can be no guarantee that all of the Total Pool Assets will be hedged pursuant to a standby total return swap (or similar) or be otherwise catered for by way of Portfolio Tests.

  • The Portfolio Tests (if implemented) are intended to replace the Total Return Swap Agreement at the option of (i) the Issuer at any time, or (ii) the SB CBC following a downgrade of the Total Return Swap Provider.

  • If Portfolio Tests are implemented as an alternative to the Total Return Swap Agreement or any Standby Total Return Swap Agreement, then the Total Return Swap Agreement and the relevant Standby Total Return Swap Agreement may be terminated.

  • RPM’s dividend policy remains to increase dividends commensurate with gains in earnings, butto gradually reduce the payout ratio over time.Acquisition Program Resumed | With our renewed financial flexibility, we have resumed our acquisition program, which has long been an RPM strength.

  • The Portfolio Tests (if implemented) are intended to replace the Total Return Swap at the option of (i) the Issuer at any time or (ii) the CBC following a downgrade of the Total Return Swap Provider.

  • If such Additional SME Loans Portfolio is actually sold and assigned to the Issuer, the outcome of the Portfolio Tests will override the result of the Portfolio Tests as at the immediately preceding Calculation Date for the purpose of item (g) of the Revolving Period resolution conditions.

  • For the avoidance of doubt, the Portfolio Tests do not have to be met in respect of the Additional SME Loans allowed to be purchased during the Offering Period.

  • The Servicer, on behalf of the Issuer, will be able to amend the Portfolio Tests subject to (i) receiving rating agency confirmation from DBRS in respect of such amendments and (ii) providing prior written notice to Fitch.

  • Portfolio Tests means the tests agreed in writing between NP ELM and the Collateral Administrator from time to time.

  • The Additional Mortgage Loans are subject to certain Additional Mortgage Loan Conditions (including the Additional Mortgage Loan Portfolio Tests) and Lending Criteria.


More Definitions of Portfolio Tests

Portfolio Tests means, collectively, the “Diversity Tests”, the “Liquidity Test”, the "Over-collateralisation Tests", the "Over-leverage Test", the "Systemic Downside Volatility Test", the "Concentration Tests" and the "FX Hedge Coverage Test" as such terms are defined in the Collateral Management Agreement.
Sample 1

Related to Portfolio Tests

  • RDDS test Means one query sent to a particular “IP address” of one of the servers of one of the RDDS services. Queries shall be about existing objects in the Registry System and the responses must contain the corresponding information otherwise the query will be considered unanswered. Queries with an RTT 5 times higher than the corresponding SLR will be considered as unanswered. The possible results to an RDDS test are: a number in milliseconds corresponding to the RTT or undefined/unanswered.

  • DNS test Means one non-­‐recursive DNS query sent to a particular “IP address” (via UDP or TCP). If DNSSEC is offered in the queried DNS zone, for a query to be considered answered, the signatures must be positively verified against a corresponding DS record published in the parent zone or, if the parent is not signed, against a statically configured Trust Anchor. The answer to the query must contain the corresponding information from the Registry System, otherwise the query will be considered unanswered. A query with a “DNS resolution RTT” 5 times higher than the corresponding SLR, will be considered unanswered. The possible results to a DNS test are: a number in milliseconds corresponding to the “DNS resolution RTT” or, undefined/unanswered.

  • Commissioning Tests means all of the procedures and tests which, in accordance with the Reasonable and Prudent Standard, and in compliance with industry guidelines, practices and standards, are:

  • Collateral Quality Tests means the Collateral Quality Tests set out in the Investment Management Agreement being each of the following:

  • Commissioning test means tests applied to the Generating Facility, after completion of the construction of the Generating Facility, in order to verify that the Generating Facility may be released for Operation.

  • Screening Test means a drug or alcohol test which uses a method of analysis allowed by the Minnesota Drug and Alcohol Testing in the Workplace Act to be used for such purposes.

  • COVID-19 test means a viral test for SARS-CoV-2 that is:

  • Asset Test means, for an Asset Review, each Test, as defined in the Asset Representations Review Agreement, in Schedule A to the Asset Representations Review Agreement to be performed by the Asset Representations Reviewer on the related Asset Review Receivables.

  • Fit test means the use of a protocol to qualitatively or quantitatively evaluate the fit of a respirator on an individual.

  • Drug use test means a scientifically substantiated method to test for the presence of illegal or performance-enhancing drugs or the metabolites thereof in a person’s urine.

  • Collateral Quality Test means a test that is satisfied if, as of any date of determination, in the aggregate, the Collateral Loans owned (or in relation to a proposed acquisition of a Collateral Loan, both owned and proposed to be owned) by the Borrower satisfy each of the tests set forth below, calculated in each case in accordance with Section 1.3:

  • Cannabis testing facility means an entity registered by

  • Critical Test Concentration or "(CTC)" means the specified effluent dilution at which the Permittee is to conduct a single-concentration Aquatic Toxicity Test.

  • Test means such test as is prescribed by the particulars or considered necessary by the Inspecting Officer whether performed or made by the Inspecting Officer or any agency acting under the direction of the Inspecting Officer;

  • Borrowing Base Test means as of any date, a determination that (a) the lesser of (i) the Borrowing Base and (ii) the Facility Amount shall be equal to or greater than (b) the Advances Outstanding.

  • Drug test means a test designed to detect the illegal use of a controlled substance.

  • Maintenance Test means the maintenance test set out in Clause 12.1 (Maintenance Test).

  • Coverage Tests The Overcollateralization Ratio Test and the Interest Coverage Test, each as applied to each specified Class or Classes of Secured Debt.

  • Delinquency Test means, for any Payment Date, a test that will be satisfied if

  • Operational Acceptance Tests means the tests specified in the Technical Requirements and Agreed Project Plan to be carried out to ascertain whether the System, or a specified Sub system, is able to attain the functional and performance requirements specified in the Technical Requirements and Agreed Project Plan, in accordance with the provisions of GCC Clause 27.2 (Operational Acceptance Test).

  • Performance Tests means the tests to be conducted on the equipment at site for checking the performance parameters of the equipment as defined in Technical Specification.

  • Guarantee Test(s means the test(s) specified in the Technical Specifications to be carried out to ascertain whether the Facilities or a specified part thereof is able to attain the Functional Guarantees specified in the Technical Specifications in accordance with the provisions of GCC Sub-Clause 20.2.1 (Guarantee Test) hereof during/after successful Commissioning followed by Trial - Operation.

  • Penetration Testing means security testing in which assessors mimic real-world attacks to identify methods for circumventing the security features of an application, system, or network. (NIST SP 800-115)

  • Qualified project means the construction or expansion of any capital project of the Borrower or any of its Restricted Subsidiaries, the aggregate actual or budgeted capital cost of which (in each case, including capital costs expended by the Borrower or any such Restricted Subsidiaries prior to the construction or expansion of such project) exceeds $50,000,000.

  • Monitoring well means a water well intended for the purpose of determining groundwater quality or quantity.

  • Baseline concentration means that ambient concentration level that exists in the baseline area at the time of the applicable minor source baseline date. A baseline concentration is deter- mined for each pollutant for which a minor source baseline date is estab- lished and shall include: