Relevant Testing Date definition

Relevant Testing Date means, in respect of any Compliance Reporting Date, 31 December in the year immediately preceding such Compliance Reporting Date.
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Relevant Testing Date means (a) in respect of any Compliance Reporting Date occurring on 30 June of any year, 31 December in the year immediately preceding such Compliance Reporting Date and (b) each June Testing Date.
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Relevant Testing Date means 31 December and 30 June of each year.
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More Definitions of Relevant Testing Date

Relevant Testing Date means, with respect to any Interest Payment Date, the Testing Date next following such Interest Payment Date.
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Relevant Testing Date means the date on or about the date as set out in Column A of Clause 22.9(a), 22.9(b), 22.9(c) or 22.9(d) (Financial Covenants) in respect of which any covenant in such Clause 22.9(a), 22.9(b), 22.9(c) or 22.9(d) (Financial Covenants) is tested;
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Related to Relevant Testing 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.

  • Testing Date means each day which is: (i) the last day of the Issuer's financial year in any year; or (ii) the last day of each of the first three quarters of the Issuer's financial year in any year.

  • Start-Up Testing means the completion of applicable required factory and start-up tests as set forth in Exhibit C.

  • Covenant Testing Period means a period (a) commencing on the last day of the fiscal quarter of Parent most recently ended prior to a Covenant Trigger Event for which Borrowers are required to deliver quarterly or annual financial statements pursuant to Section 5.2 of this Agreement, and (b) continuing through and including (but ending on) the first day, after such Covenant Trigger Event, on which Availability has exceeded 20% of the then effective Borrowing Base for 30 consecutive days.

  • 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.