Examples of Two Times Test in a sentence
Step Down Condition: -Prior to 2/2009, if 2 Times Test is satisfied, Senior Prepay % will equal Senior % + 50% times (1 minus Senior %).Relevant information: -On or after 2/2009, if Two Times Test is satisfied, Senior Prepayment % will equal Senior %.
A road feasibility study was conducted by ONHIR for 13 miles of upgraded roads (Rt#47) at a cost of $6.0 million dollars, but ONHIR informed the Tribe and families that it was not feasible to serve 11 Hopi relocation families.
Step Down Condition: -Prior to 2/2009, if Two Times Test is satisfied, Senior Prepayment % will equal Senior % + 50% times (1 minus Senior %).Relevant information: -On or after 2/2009, if Two Times Test is satisfied, Senior Prepayment % will equal Senior %.
The Senior Percentage for any Distribution Date occurring (i) before the Distribution Date in December 2014 but in or after December 2007 on which the Two Times Test is satisfied, or (ii) in or after December 2014, is the related Pro Rata Senior Percentage.
If the Two Times Test is satisfied with respect to any Distribution Date prior to the Distribution Date in September 2009, the Senior Percentage is the related Pro Rata Senior Percentage plus 50% of an amount equal to 100% minus the related Pro Rata Senior Percentage.