Test Date definition

Test Date means, with respect to any Start Date, the last day of the most recent fiscal quarter of the Borrower ended immediately prior to such Start Date.
Test Date means (a) the last day of each fiscal quarter of the Parent Guarantor for which financial statements are required to be delivered pursuant to Sections 5.03(b) or (c), as the case may be, (b) the date of each Advance, (c) the date of the addition of any Proposed Unencumbered Asset to the Unencumbered Asset Pool pursuant to Section 5.01(k), (d) the effective date of any merger permitted under Section 5.02(d), and (e) the effective date of any Transfer permitted under Section 5.02(e)(ii)(C).
Test Date means 31 March, 30 June, 30 September and 31 December each year.

Examples of Test Date in a sentence

  • The Sellers shall supply a Compliance Certificate to the Buyers’ Agent on the Advance Date of the initial Upsize Advance, on each Test Date and, if a Cure Period (as defined in Clause 19.5 (Coverage Ratio Shortfall Event)) has occurred, no later than the last day of such Cure Period.


More Definitions of Test Date

Test Date means the last day of each calendar month with respect to Sections 3(a), 3(b) and 3(c) below and the last day of each fiscal quarter with respect to Sections 3(d) below.
Test Date has the meaning assigned to such term in Section 2. 7(a).
Test Date means the last day of each fiscal quarter ended after the Effective Date.
Test Date means 30 June and 31 December of each calendar year.
Test Date means the last day of any Test Period.
Test Date as defined in Section 7.7(j).
Test Date means, with respect to any Applicable Period, the last day of the most recent fiscal quarter or fiscal year, as the case may be, ended immediately prior to the Start Date with respect to such Applicable Period.