Relevant Test Date definition

Relevant Test Date means the most recent Test Date.
View Source
Relevant Test Date has the meaning set forth in Section 6.13.
View Source
Relevant Test Date means the most recent Test Date. “Relevant Rate” means (i) with respect to any Term Benchmark Borrowing, the Term SOFR Rate, and (ii) with respect to any RFR Borrowing, Daily Simple SOFR, as applicable.
View Source

More Definitions of Relevant Test Date

Relevant Test Date means, when testing the Leverage Condition, the last date of the most recent financial half-year of Royal Mail preceding that transaction or assumption in respect of which financial statements have been prepared;
View Source
Relevant Test Date. With respect to any Loan, the third Business Day following each date on which the related Obligor delivered financial statements to the Borrower.
View Source

Related to Relevant Test Date

  • Relevant Test Period With respect to any Loan, the relevant test period for the calculation of Net Senior Leverage Ratio, Net Total Leverage Ratio, Cash Interest Coverage Ratio or EBITDA as applicable, for such Loan in accordance with the related Underlying Instruments or, if no such period is provided for therein, (i) for Obligors delivering monthly financial statements, each period of the last twelve (12) consecutive reported calendar months, and (ii) for Obligors delivering quarterly financial statements, each period of the last four (4) consecutive reported fiscal quarters of the principal Obligor on such Loan; provided that with respect to any Loan for which the relevant test period is not provided for in the related Underlying Instruments, if an Obligor is a newly-formed entity as to which twelve (12) consecutive calendar months have not yet elapsed, “Relevant Test Period” shall initially include the period from the date of formation of such Obligor to the end of the twelfth (12th) calendar month or fourth (4th) fiscal quarter (as the case may be) from the date of formation, and shall subsequently include each period of the last twelve (12) consecutive reported calendar months or four (4) consecutive reported fiscal quarters (as the case may be) of such Obligor.

  • LCT Test Date shall have the meaning provided in Section 1.12(b).

  • Plant Test Date or "PTD" means the date acceptance testing is performed with CLEC. "Point of Interface", "Point of Interconnection," or "POI" is a demarcation between the networks of two (2) LECs (including a LEC and CLEC). The POI is that point where the exchange of traffic takes place.

  • LCA Test Date has the meaning specified in Section 1.03(e).

  • Test Date means, with respect to any Start Date, the last day of the most recent fiscal quarter of the Borrower ended immediately prior to such Start Date.