Suitability Test definition

Suitability Test means the suitability test for the purpose of assessment by the Company whether the Client is suitable to receive the relevant service on an advised basis and as this will be implemented in the Registration Form.
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Suitability Test means the test which in terms of the Investment Services Rules promulgated by the MFSA a licensed financial intermediary operating in and from Malta must conduct when providing an investment service consisting of investment advice or portfolio management to a prospective investor in relation to the subscription for and the trading of securities having identical or similar characteristics to the Bonds, for the purpose of such licensed financial intermediary to determine (based on the information collected pursuant to such test) whether to recommend to (in case of investment advice) or effect for and on behalf of (in case of portfolio management) the prospective investor the subscription for or trading in the securities having identical or similar characteristics to the Bonds;
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Suitability Test means oral test which the Court deems fit.
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Examples of Suitability Test in a sentence

  • The Company will determine, based on the results of each Client’s Suitability Test as well as the assessment of the Strategy Providers, which Strategy Providers are eligible to be available (“Eligible Strategy Providers”) for each Client.

  • Even if the suitability assessment is the responsibility of the Company, the Client is required to provide all the information requested in the Suitability Test.

  • Such notification must be submitted by the Client in the form of a revised Suitability Test which will set out the changes in the Client’s financial situation and investment objectives and/or restrictions.

  • If the Suitability Test results indicate that the quality of the access is insufficient for the Services to be provided to a reasonable standard we will notify you of this, in which event this Agreement shall automatically terminate in respect of the site (but not for any other sites to which we provide Services).

  • We will only collect and use such personal information as is necessary in order to provide the Services to you, including any obligation we may have to apply the Suitability Test.

  • If the Suitability Test results indicate that the quality of the access is insufficient for the Services to be provided to a reasonable standard Vodafone will notify Customer of this, in which event this Agreement shall automatically terminate in respect of the site (but not for any other sites to which Vodafone provide Services).

  • In the case that the CUSTOMER has been classified as a Retail Customer, CAIXABANK will gather all information necessary from the CUSTOMER to assess their suitability ("Suitability Test") in relation to the scope of the Fund Portfolios Discretionary Management service governed by this Contract.

  • In any event, the suitability test must be updated every 18 months (counted from the last amendment date of the Suitability Test).

  • The Parties agree to accept, for the purposes of complying with this requirement, the Suitability Test that the CUSTOMER has signed at any time with CAIXABANK for the Fund Portfolios Discretionary Management service governed by this Contract.

  • To this end, the joint holders are obliged to inform the joint holder designated to carry out the Suitability Test of their financial capacity and i nvestment objectives for the purposes of a correct suitability assessment.


More Definitions of Suitability Test

Suitability Test means a set of questions designed to check whether a certain investment is suitable to you, taking into account your financial situation, risk preferences, investment objectives, knowledge and experience;
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Suitability Test means the suitability testing required to be completed successfully by the Client in order to enter and/or continue participating in FXTM Invest by which the Client has to provide as per clause 6 below herein, the necessary information regarding his/her knowledge and experience in the investment sector relating to that particular category of financial instrument or services, as well as the Client’s financial situation , investment objectives and diversification of assets.
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Related to Suitability Test

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

  • Coverage Test means each of the Class A/B Par Value Test, the Class A/B Interest Coverage Test, the Class C Par Value Test, the Class C Interest Coverage Test, the Class D Par Value Test, the Class D Interest Coverage Test, the Class E Par Value Test and the Class E Interest Coverage Test.

  • 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 purchase 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 1.04:

  • 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;

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