Collateral Quality Tests definition
Collateral Quality Tests means the Collateral Quality Tests set out in the Investment Management Agreement being each of the following:
Collateral Quality Tests means, collectively or individually as the case may be, the Minimum Diversity Test, the Minimum Weighted Average Spread Test, the Minimum Weighted Average Coupon Test and the Maximum Weighted Average Life Test.
Collateral Quality Tests means any of the Average Debt Rating Test, the Weighted Average Life Test, the Diversity Test, the S&P CDO Monitor Test, the Moody's Minimum Weighted Average Recovery Rate Test, the S&P Minimum Weighted Average Recovery Rate Test and the Minimum Coupon Test.
Examples of Collateral Quality Tests in a sentence
In addition, the Issuer will use commercially reasonable efforts to acquire such Collateral Obligations that will satisfy, on the Effective Date, the Concentration Limitations, the Collateral Quality Tests and each Overcollateralization Ratio Test.
More Definitions of Collateral Quality Tests
Collateral Quality Tests. A test satisfied on any date of determination on or after the Effective Date if, in the aggregate, the Collateral Obligations owned (or in relation to a proposed purchase of a Collateral Obligation on or after the Effective Date, proposed to be owned) by the Issuer satisfy each of the tests set forth below (or, if a test is not satisfied as of such date, the degree of compliance with such test is maintained or improved after giving effect to the investment), calculated in each case as required by Section 1.3 herein:
Collateral Quality Tests means (i) the Diversity Test, (ii) the Weighted Average Rating Test, (iii) the Weighted Average Moody's Recovery Rate Test, (iv) the Weighted Average Spread Test, (v) the Weighted Average Life Test and (vi) the Weighted Average Coupon Test.
Collateral Quality Tests. A test satisfied on any Measurement Date on and after the Effective Date and during the Reinvestment Period if, in the aggregate, the Collateral Obligations owned (or in relation to a proposed purchase of a Collateral Obligation, proposed to be owned) by the Issuer satisfy each of the tests set forth below or, on and after the Effective Date, if a test is not satisfied on such date, the degree of compliance with such test is maintained or improved after giving effect to the investment (except to the extent the terms of this Indenture do not require such test to be satisfied), calculated in each case as required by Section 1.3 herein:
Collateral Quality Tests. The Weighted Average Life Test, the Minimum Weighted Average S&P Recovery Rate Test, the Minimum Weighted Average Fixed Rate Coupon Test, the Minimum Weighted Average Floating Spread Test and the S&P CDO Monitor Test.
Collateral Quality Tests. The tests that are satisfied if, as of any Measurement Date, in the aggregate, the Collateral Debt Securities purchased or irrevocably committed to be purchased (and not sold) comply with all of the requirements set forth below:
Collateral Quality Tests means each of the following:
Collateral Quality Tests means the Weighted Average Hybrid Coupon Test, the Weighted Average Spread Test, the Weighted Average Coupon Test and the Standard & Poor’s CDO Monitor Test.