Realization Test definition

Realization Test means that determination, made on each Determination Date, of (a) the Maturity Ratio for the immediately preceding Collection Period and (b) the average of the Realization Ratios for each of the three immediately preceding Collection Periods (or the months of September and October 1996 in the case of the November 1996 Determination Date, the months of September and October 1996 and the November 1996 Collection Period in the case of the December 1996 Determination Date, and the month of October 1996 and the November and December 1996 Collection Periods in the case of the January 1996 Determination Date). The Realization Test will be satisfied if the Maturity Ratio is 25% or less or the Realization Ratio is 75% or more.

Related to Realization Test

  • Confirmation test means a drug or alcohol test on a sample to substantiate the results of a prior drug or alcohol test on the same sample and which uses different chemical principles and is of equal or greater accuracy than the prior drug or alcohol test;

  • Performance Test means all operational checks and tests required to determine the performance parameters including inter-alia capacity, efficiency and operating characteristics of the Stores as specified in the Contract.

  • Performance and Guarantee Test means all operational checks and tests required to determine and demonstrate capacity, efficiency and operating characteristics as specified in the Contract Documents.

  • Percolation test means a subsurface soil test at the depth of a proposed absorption system or similar component of an OWTS to determine the water absorption capability of the soil, the results of which are normally expressed as the rate at which one inch of water is absorbed. The rate is expressed in minutes per inch.

  • EPP test Means one EPP command sent to a particular “IP address” for one of the EPP servers. Query and transform commands, with the exception of “create”, shall be about existing objects in the Registry System. The response shall include appropriate data from the Registry System. The possible results to an EPP test are: a number in milliseconds corresponding to the “EPP command RTT” or undefined/unanswered.