Interest Coverage Tests definition

Interest Coverage Tests means the Class A Interest Coverage Test, the Class B Interest Coverage Test, the Class C Interest Coverage Test and the Class D Interest Coverage Test.
Interest Coverage Tests means, collectively, the Class A/B Interest Coverage Test, the Class C Interest Coverage Test, and the Class D Interest Coverage Test and the Class E Interest Coverage Test, which will be satisfied as of any Measurement Date on or after the Determination Date related to the second Payment Date following the Closing Date, if the Interest Coverage Ratio is equal to or greater than the required percentage specified in the table below:

More Definitions of Interest Coverage Tests

Interest Coverage Tests means, collectively, the Class A/B Interest Coverage Test, the
Interest Coverage Tests. Each of the Class A/B Interest Coverage Test, the Class C/D/E Interest Coverage Test and the Class F/G/H Interest Coverage Test.
Interest Coverage Tests. The Class A/B Interest Coverage Test, the Class C Interest Coverage Test and the Class D Interest Coverage Test.
Interest Coverage Tests means the Senior Interest Coverage Test or the Class C Interest Coverage Test or the Class D Interest Coverage Test or the Class E Interest Coverage Test (as applicable);
Interest Coverage Tests. Collectively, the Class A/B Interest Coverage Test, the Class C Interest Coverage Test and the Class D Interest Coverage Test. There will be no Interest Coverage Test in respect of the Class X Notes, the Class E Notes or the Class F Notes. The Interest Coverage Test in respect of each Class or Classes of Secured Notes (other than the Class X Notes, the Class E Notes and the Class F Notes) is a test the first Measurement Date for which will be on the Determination Date related to the third Payment Date after the Closing Date and that is satisfied with respect to any specified Class or Classes of Secured Notes (other than the Class X Notes, the Class E Notes and the Class F Notes) if, as of the Determination Date related to the third Payment Date after the Closing Date and any Measurement Date thereafter on which any Secured Notes (other than the Class X Notes, the Class E Notes and the Class F Notes) remain Outstanding, the Interest Coverage Ratio equals or exceeds the applicable Required Level specified in the table below for the Class or Classes: Class A/B Interest Coverage Test 120.0% Class C Interest Coverage Test 115.0% Class D Interest Coverage Test 110.0%
Interest Coverage Tests. The Class C Interest Coverage Test, the Class D Interest Coverage Test, Class E Interest Coverage Test, Class F Interest Coverage Test, the Class G Interest Coverage Test, as applicable. The Interest Coverage Test with respect to each Class of Notes is satisfied as of any Payment Date when the Interest Coverage Ratio for such Class is equal to or exceeds the required level set forth below: Class C Interest Coverage Test 135.00 % Class D Interest Coverage Test 132.00 % Class E Interest Coverage Test 129.00 % Class F Interest Coverage Test 125.00 % Class G Interest Coverage Test 121.00 %

Related to Interest Coverage Tests

  • Interest Coverage Test means the Class A/B Interest Coverage Test, the Class C Interest Coverage Test, the Class D Interest Coverage Test and the Class E Interest Coverage Test.

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

  • Coverage Test means each of the Class A/B Par Value Test, the Class A/B Interest Coverage Test, the Class C Par Value Test, the Class C Interest Coverage Test, the Class D Par Value Test, the Class D Interest Coverage Test, the Class E Par Value Test and the Class E Interest Coverage Test.

  • Coverage Tests The Overcollateralization Ratio Test and the Interest Coverage Test, each as applied to each specified Class or Classes of Secured Debt.

  • Asset Coverage Test has the meaning given to it in Schedule 2 of the Guarantor Agreement;