Tranche C Minimum OC Coverage Test definition
Tranche C Minimum OC Coverage Test means a test that shall be satisfied if the Tranche C OC Ratio is equal to or greater than 100%.
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Related to Tranche C Minimum OC Coverage Test
Class C Coverage Tests means the Class C Interest Coverage Test and the Class C Par Value Test.
Class A/B Coverage Tests means the Class A/B Interest Coverage Test and the Class A/B Par Value Test.
Minimum Weighted Average Spread Test means a test that will be satisfied on any date of determination if the Weighted Average Spread of all Eligible Collateral Obligations included in the Collateral on such day is equal to or greater than 5.25%.
Minimum Weighted Average Coupon Test means a test that will be satisfied on any Measurement Date if the Weighted Average Coupon equals or exceeds 7.0%.
Class D Coverage Tests means the Class D Interest Coverage Test and the Class D Par Value Test.