Class A Coverage Tests definition

Class A Coverage Tests means the Class A Interest Coverage Test and the Class A Par Value Test.
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Class A Coverage Tests. The Overcollateralization Ratio Test and the Interest Coverage Test, each as applied with respect to the Class A Notes.
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Class A Coverage Tests means the Class A Interest Coverage Test and the Class A Par Value Test. “Class A Interest Coverage Ratio” means, as of any Measurement Date, the percentage obtained by
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More Definitions of Class A Coverage Tests

Class A Coverage Tests. The Par Value Test and the Interest Coverage Test, each as applied with respect to the Class A Notes.
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Class A Coverage Tests. The Overcollateralization Ratio Test and the Interest Coverage Test, each as applied with respect to the Class A Debt. "Class A-1 Credit Agreements": Collectively, the Class A-1A Credit Agreement and the Class A-1AS Credit Agreement. "Class A-1A Credit Agreement": That certain credit agreement, dated as of the 2024 Closing Date, among the Issuer, as borrower, the Co-Issuer, as co-borrower, the Loan Agent, the Collateral Trustee and the Class A-1 Lenders party thereto. "Class A-1AS Credit Agreement": That certain credit agreement, dated as of the 2024 Closing Date, among the Issuer, as borrower, the Co-Issuer, as co-borrower, the Loan Agent, the Collateral Trustee and the Class A-1S Lenders party thereto. "Class A-1A Debt": Collectively, the Class A-1A Notes, the Class A-1AL Notes and the Class A-1 Loans. "Class A Debt": Collectively, the Class A-1A Debt, the Class A-1B Notes and the Class A-2 Notes. "Class A-1 Lender": Collectively, the Class A-1A Lenders and the Class A-1AS Lenders. "Class A-1A Lender": Each lender party to the Class A-1A Credit Agreement from time to time, and reflected as a holder of the Class A-1A Loans in the Loan Register. "Class A-1S Lender": Each lender party to the Class A-1S Credit Agreement from time to time, and reflected as a holder of the Class A-1S Loans in the Loan Register. "Class A-1 Loans": Collectively, the Class A-1A Loans and the Class A-1S Loans.
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Class A Coverage Tests means the Class A Par Value Test and the Class A Interest Coverage Test. “Class A Noteholders” means the Class A1 Noteholders and the Class A2 Noteholders.
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Class A Coverage Tests means the Class A Interest Coverage Test and the Class A Principal Coverage Test.
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Class A Coverage Tests means the Class A Interest Coverage Test and the Class A Principal Coverage
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Class A Coverage Tests means each of the Class A Par Value Test and the Class A Interest Coverage Test corresponding to the applicable Collateral Quality Test Set selected by the Investment Manager and each shall be satisfied on a Measurement Date if the corresponding Class A Par Value Ratio or Class A Interest Coverage Ratio (as the case may be) is at least equal to the percentage specified in the table below in relation to that Class A Coverage Test.
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Related to Class A Coverage Tests

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

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

  • Interest Coverage Test A test that is satisfied with respect to any Class or Classes of Secured Debt as of the Determination Date immediately preceding the second Payment Date and any other date thereafter on which such test is required to be determined hereunder if (i) the Interest Coverage Ratio for such Class or Classes on such date is at least equal to the Required Interest Coverage Ratio for such Class or Classes or (ii) such Class or Classes are no longer Outstanding.