Maintenance Test definition

Maintenance Test means the maintenance test set out in Clause 12.1 (Maintenance Test).

Maintenance Test means the test of the financial maintenance covenant as set out in Clause 12 (Maintenance Test)

Maintenance Test means the financial test as set out in Clause 11.1 (Maintenance Test).

Examples of Maintenance Test in a sentence

• The Maintenance Test shall be tested by reference to each of the Financial Reports of the Group on each Reference Date on the basis of the Compliance Certificate delivered in connection therewith.

• The first test of the Maintenance Test shall be made in relation to the Reference Period ending on [31 March] 2024.

• The Issuer or the Guarantor has failed to comply with the Maintenance Test and such failure has not been cured in accordance with provisions for the equity cure set out in Clause 12.3 (Equity Cure).

• The Bidder is responsible for sizing the proposed hardware (for the three sites SDC, DR and NDR and the environments like Maintenance, Test, UAT and Production) to support the scalability and performance requirements of the solution.

• The first test date for the Maintenance Test shall be 31 March 2021.

More Definitions of Maintenance Test

Maintenance Test means the test of the financial maintenance covenants as set out in Clause 12(a) (Financial Undertakings).

Maintenance Test means the test of the financial covenants as set out in Clause 13.1 (Maintenance Test).

Maintenance Test means the test pursuant to Clause 12.4 (Maintenance Test).

Maintenance Test means the test of the financial maintenance covenants as set out in Clause 12 (Maintenance Covenants).

Maintenance Test means the test as set out in Clause 11.1.1 (The Maintenance Test and testing date).

Maintenance Test means has the meaning ascribed to it in Clause 14.1 (Maintenance Test).

Maintenance Test means the test of the financial maintenance covenant as set out in Clause 12.1 (Maintenance ).