Examples of Class D Interest Coverage Test in a sentence
The "Class D Coverage Tests" will consist of the Class D Overcollateralization Test and the Class D Interest Coverage Test.
In addition, to a lesser extent, an increase in scope, including the Honiara ATC tower renovation works and advisory consultancy, the Solomon Airlines Strategic Options Analysis, and the sealing of 0.9 km for bridge approach, has contributed to the cost overruns of SIRAP.
The Issuer is not required to satisfy the Class C Interest Coverage Test, the Class D Interest Coverage Test or the Class E Interest Coverage Test until the second Payment Date.
Subsequently, the order of the High Court was challenged before the Supreme Court.
During the Investment Period, the Issuer will seek to acquire additional Collateral Debt Obligations in order to satisfy each of the Coverage Tests, Collateral Quality Tests, Portfolio Profile Tests and Target Par Amount requirement as at the Effective Date (provided, however, that the Issuer shall only be required to satisfy the Class A/B Interest Coverage Test, the Class C Interest Coverage Test and the Class D Interest Coverage Test on or after the second Determination Date).