Relevant Test Date definition
Relevant Test Date means the most recent Test Date.
Relevant Test Date has the meaning set forth in Section 6.13.
Relevant Test Date means the most recent Test Date. “Relevant Rate” means (i) with respect to any Term Benchmark Borrowing, the Term SOFR Rate, and (ii) with respect to any RFR Borrowing, Daily Simple SOFR, as applicable.
More Definitions of Relevant Test Date
Relevant Test Date means, when testing the Leverage Condition, the last date of the most recent financial half-year of Royal Mail preceding that transaction or assumption in respect of which financial statements have been prepared;
Relevant Test Date. With respect to any Loan, the third Business Day following each date on which the related Obligor delivered financial statements to the Borrower.