Class A Interest Coverage Test definition

Class A Interest Coverage Test means the test which will be satisfied as of any Measurement Date falling on or after the Effective Date if, on such Measurement Date, the Class A Interest Coverage Ratio is at least equal to the percentage specified in the definition of “Coverage Tests”.

Class A Interest Coverage Test means the test which will apply as of any Measurement Date occurring on and after the Determination Date immediately preceding the second Payment Date and which will be satisfied on such Measurement Date if the Class A Interest Coverage Ratio is at least equal to 120.00 per cent.

Class A Interest Coverage Test. A test satisfied as of the Second Determination Date and any subsequent Measurement Date if the Class A Interest Coverage Ratio is equal to or greater than 150%.

Examples of Class A Interest Coverage Test in a sentence

• Class A Coverage Tests means the Class A Interest Coverage Test and the Class A Par Value Test.

• Class A Interest Coverage Test means the test which will be satisfied as of any Measurement Date if, on such Measurement Date, the Class A Interest Coverage Ratio is at least equal to the percentage specified in the definition of "Coverage Test".

• Such amount has been included in the Class A Interest Coverage Test for the April 2009 Payment Date being the interest period for which it was received (following advice received from leading counsel).

• The Coverage Tests The Coverage Tests consist of the Class A Interest Coverage Test, the Class A Overcollateralization Test, the Class B Interest Coverage Test and the Class B Overcollateralization Test.

• The "Interest Coverage Tests" will consist of the Class A Interest Coverage Test, the Class B Interest Coverage Test and the Class C Interest Coverage Test.

More Definitions of Class A Interest Coverage Test

Class A Interest Coverage Test contained in Section 1.1 of the Indenture is hereby deleted and replaced with the following:

Class A Interest Coverage Test means the test which shall be satisfied if as at any Measurement Date the Class A Interest Coverage Ratio is at least equal to the percentage specified in the definition of “Coverage Test”.

Class A Interest Coverage Test. A test satisfied (i) as of any Determination Date immediately prior to the January 2014 Payment Date if the Class A Interest Coverage Ratio is equal to or greater than 100%; and (ii) as of any subsequent Measurement Date if the Class A Interest Coverage Ratio is equal to or greater than 150%.”

Class A Interest Coverage Test. A test that is satisfied as of the Interest Coverage Test Effective Date and any other date thereafter on which such test is required to be determined hereunder if (i) the Interest Coverage Ratio for the Class A Notes on such date is at least equal to the Required Interest Coverage Ratio or (ii)as applied with respect to the Class A Notes and the Class AB Notes are no longer outstanding, collectively.

Class A Interest Coverage Test means the test which will be satisfied as of any Measurement Date on or following the Determination Date immediately preceding the Payment Date falling in February 2009 if, on such Measurement Date, the Class A Interest Coverage Ratio is at least equal to the percentage specified in the definition of “Coverage Test”.

Class A Interest Coverage Test means the Interest Coverage Test as applied to the Class A Notes.

Class A Interest Coverage Test means the test which will be satisfied (i) as of any Measurement Date falling on or before the second Determination Date if, on such Measurement Date, the Class A Interest Coverage Ratio is at least 105 per cent. and (ii) as of any Measurement Date thereafter, the Class A Interest Coverage Ratio is at least 125 per cent.