Xxxxxxxxxx Diversity Test definition

Xxxxxxxxxx Diversity Test. A test that will be satisfied on any Measurement Date if the Xxxxxxxxxx Score for the Collateral Debt Securities on such Measurement Date is greater than 14.5. In the event that Cash has been received in respect of Principal Proceeds of the Collateral Debt Securities but has not been reinvested in additional Collateral Debt Securities as of the current Measurement Date, the Xxxxxxxxxx Diversity Test also will be deemed satisfied on the current Measurement Date notwithstanding a Xxxxxxxxxx Score of 14.5 or less if (i) the Xxxxxxxxxx Test was satisfied or deemed satisfied on the Measurement Date immediately preceding the date on which such Cash was received and (ii) the reason for the failure on the current Measurement Date is the existence of such Cash. Similarly, if the Xxxxxxxxxx Diversity Test was not satisfied or deemed satisfied on the immediately preceding Measurement Date and the Xxxxxxxxxx Score has worsened as of the current Measurement Date, the Xxxxxxxxxx Score as of the immediately preceding Measurement Date will be deemed to have been maintained on the current Measurement Date to the extent that the reason for such worsened Xxxxxxxxxx Score is the existence of such Cash.
Sample 1
Xxxxxxxxxx Diversity Test. A test that will be satisfied if on any Measurement Date the Xxxxxxxxxx Score for the Collateral Interests on such Measurement Date is greater than the number set forth in the row entitled “Xxxxxxxxxx” in the Xxxxx’x Test Matrix based on the scenario chosen by the Collateral Manager as currently applicable to the applicable Collateral Quality Tests and the Collateral Interests in accordance with the terms hereof. In the event that cash has been received in respect of Principal Proceeds of the Collateral Interests since the immediately preceding Measurement Date but has not been reinvested in additional Collateral Interests as of the current Measurement Date, the Xxxxxxxxxx Diversity Test also will be deemed satisfied on the current Measurement Date notwithstanding a Xxxxxxxxxx Score equal to or less than the number set forth in the row entitled “Xxxxxxxxxx” in the Xxxxx’x Test Matrix based on the scenario chosen by the Collateral Manager as currently applicable to the applicable Collateral Quality Tests and the Collateral Interests in accordance with the Indenture, if (i) the Xxxxxxxxxx Test was satisfied or deemed satisfied on the immediately preceding Measurement Date and (ii) the reason for the failure on the current Measurement Date is the existence of such cash. Similarly, if the Xxxxxxxxxx Diversity Test was not satisfied or deemed satisfied on the immediately preceding Measurement Date and the Xxxxxxxxxx Score has worsened as of the current Measurement Date, the Xxxxxxxxxx Score as of the immediately preceding Measurement Date will be deemed to have been maintained on the current Measurement Date to the extent that the reason for such worsened Xxxxxxxxxx Score is the existence of such cash.
Sample 1
Xxxxxxxxxx Diversity Test. A test that will be satisfied on any Measurement Date if the Xxxxxxxxxx Score for the Collateral Debt Securities on such Measurement Date is greater than or equal to the number set forth in the Xxxxxxxxxx Score row in the applicable column of the Moody's Matrix (which number, for the avoidance of doubt, will vary depending on the then current levels of the other variables included in the Moody's Matrix). As used in this definition, "applicable column" means the column corresponding to the numbered scenario in the Moody's Matrix, the use of the applicable numbers or percentages set forth in which would result in satisfaction of the related Collateral Quality Tests.
Sample 1

Related to Xxxxxxxxxx Diversity Test

  • Xxxxxxx means an employee elected or appointed by the Union who is authorized to represent the Union, an employee or both.

  • Xxxxxxxx Xxxx means the type of charge that a xxxxxxx has on somebody else’s goods when he does work on the goods. The xxxxxxx may keep the goods until he is paid for the work and if he is not paid he may sell them. A mechanic will have a xxxxxxx’x xxxx on your car if he does work on it at his garage. Any expression not described or defined in this agreement shall have the meaning given to it in the Credit Contracts and Consumer Finance Act 2003 unless the context requires otherwise. Unless the context prevents it, the singular shall include the plural and vice versa and one gender includes others to the effect that, for example, “he” includes “they”, “she” and “it”.

  • Xxxxxxxx means Xxxxxxxx Nominees Pty. Ltd. a company incorporated in the State as trustee of The Xxxxxx Xxxxxxxx Family Trust;

  • Xxxxxx Xxxxxxxx Xxx XxXxxx” ”Xxxx Xxxxx” ”Xxxxx Xxxxxxx” ”Xxxxx Xxxxxxxx” ”Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”

  • Xxxxx Xxxxxxxxx “Xxxx Xxxxxx” “X. Xxxx” “Xxxxxxx Xxxxx” LETTER #11 LETTER OF UNDERSTANDING Between THE CITY OF SAULT STE. XXXXX and LOCAL 67 C.U.P.E.

  • Xxxxxxxx Xxxxxx “Xxxxxxxxx Xxxx”

  • Xxxxxxx Xxxxxxx whose address and tax identification number shall be provided within five (5) days after this Settlement Agreement is fully executed by the Parties;

  • Xxxxxxxx Xxxxxxx “Xxxxxxx Xxx”

  • Xxxxxxx Xxxxxxxx whose address and tax identification number shall be provided within five (5) days after this Settlement Agreement is fully executed by the Parties;

  • Xxxxx Xxxxxxxxxx means, with respect to XXXXX, 0.0326% per annum.

  • Xxxxxx Xxxxxxxxx “Xxxx Xxxxxx”

  • Xxxxxx Xxxxxxx Xxxxx Xxxxxxx”

  • Xxxxx Xxxxxxxx Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”

  • Xxxxxxx Xxxxxx xxxxx xxx Xxxxxx xx Xxxxxxx Xxxxxxxxxx.

  • Xxxxxxxx-Xxxxx means the Xxxxxxxx-Xxxxx Act of 2002.

  • Xxxx Xxxxxxxxx “Xxxxx Xxxx”

  • Xxxxxxxx Xxxxxxxx has entered into a Management Agreement dated June 15, 1995 ("Management Agreement") with PaineWebber PACE Select Advisors Trust (formerly known as Managed Accounts Services Portfolio Trust ("Trust")), an open-end management investment company registered under the Investment Company Act of 1940, as amended ("1940 Act"), with respect to PACE GLOBAL FIXED INCOME INVESTMENTS ("Portfolio");

  • Xxxxxxx Xxxx Xxxx Xxxxx”

  • Xxxx Xxxxxxxx Xxxx Xxx”

  • Xxxxxxx Xxxxx means Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated.

  • Xxxxxx Xxxxxx “Xxxxx Xxxxxxxx”

  • Xxxxx Xxxxxxx Xxxxx Xxxxxxxx” ”Xxxxxxxxx Xxxxxxx” ”Xxxxx Xxxxxx”

  • Xxxxxxxxx means Xxxxxx X. Xxxxxxxxx.

  • Xxxx Xxxxxxx Xxxxxx Xxxxx” ”Xxxxxx Xxxxxx” ”Xxxxx Xxxxxxxx”

  • Xxxxxx Mae The Government National Mortgage Association, or any successor thereto.

  • Xxxxxxx Xxxxxxx Policy means the written policy of the Company pertaining to the sale, transfer or other disposition of the Company’s equity securities by members of the Board, officers or other employees who may possess material, non-public information regarding the Company, as in effect at the time of a disposition of any Stock.