Examples of Test Notice in a sentence
Final Test Notice: Provide a 10-day minimum notice in writing when the system is ready for final acceptance testing.
Except as provided in the applicable Final Terms, the amount of interest payable on each Interest Payment Date in respect of the Fixed Interest Period ending on (but excluding) such date will amount to the Fixed Coupon Amount except if a Breach of Amortisation Test Notice is served on the CBC in which case the interest will be calculated as set out below.
Interest Basis: [For the [Fixed Rate period/Floating Rate period] (the period from (and including) the Issue Date to (but excluding) the Maturity Date or, if earlier, the date on which a Breach of Amortisation Test Notice has been served):][[…] per cent.
Subject to clause 30.1(e), Telstra may undertake any testing which has been notified to the ACCC under a Process Test Notice, in accordance with that Process Test Notice.
Telstra may (at its discretion) at any time after receiving a notice from the ACCC under clause 30.1(e), issue a modified Process Test Notice to the ACCC which is amended to seek to resolve the ACCC’s concerns.
If an Issuer Event of Default has occurred and a Breach of Amortisation Test Notice has been served, all Covered Bonds will become Pass-Through Covered Bonds.
Following the service of a Notice to Pay or Breach of Asset Cover Test Notice, the Asset Monitor will no later than five Business Days following receipt of the relevant information be required to carry out the agreed upon procedures with respect to the arithmetic accuracy of the calculations performed by the Administrator on each Calculation Date in respect of each Amortisation Test.
An amended Process Test Notice issued by Telstra under this clause 30.1(g) will take effect as if it were issued under clause 30.1(b).
Pass-Through Covered Bonds:(a) if a Covered Bond has not been repaid in full on its Maturity Date, such Covered Bond becomes a Pass-Through Covered Bond; and(b) if an Issuer Event of Default has occurred and a Notice to Pay on the CBC and a Breach of Amortisation Test Notice have been served, all Covered Bonds become Pass-Through Covered Bonds.
If the expenditure of any expense other than travel and living expense (such as the purchase of software tools, etc…) will be necessary in order to provide the Services, please detail said expenses and the cost to the AOC.