Realisation Amount means the net proceeds of realisation of, or enforcement with respect to, the Security Interests over the Mortgaged Property (following payment of all amounts due to the Trustee or, as the case may be, the Selling Agent, including any costs, expenses and taxes incurred in connection with such realisation or enforcement).
Realisation Amount means the net proceeds of realisation of, or enforcement with respect to, the Collateral Assets in a Collateral Pool following payment of all Enforcement Expenses and, where applicable, following payment of any amount which is payable in priority to amounts due in respect of the Secured Securities which are secured by such Collateral Pool in accordance with the Priority of Payments;
Realisation Amount means, the equivalent in the Specified Currency of the net proceeds of the realisation or, as the case may be, redemption of the Series Assets (or, as the case may be, part thereof) and/or, if applicable, the net proceeds due (if any) as a result of the termination (in whole or in part as the case may be) of any Hedging Agreement received by or on behalf of the Issuer (or, in the case of enforcement, by or on behalf of the Trustee), having taken into account any costs and expenses which may be incurred by or on behalf of the Issuer or, as the case may be, the Trustee, including taxes and other charges in connection with the delivery or sale of any Series Assets, to the extent the net proceeds are received in respect thereof.
Examples of Realisation Amount in a sentence
If the amount realised in respect of the Charged Assets is not in the same currency as the currency in which the relevant Class of Notes is denominated then the Calculation Agent shall convert such amount into the currency in which the relevant Class of Notes is denominated at the relevant prevailing spot foreign exchange rate and such amount so converted shall be the Realisation Amount.
Upon sale of all of the Charged Assets and receipt of the Realisation Amount, the Issuer shall give notice as soon as reasonably practicable to the Trustee and the Securityholders (which notice shall be irrevocable) of the date on which the Securities will be redeemed at the Early Redemption Amount.
The Trust Instrument provides for the application of the Realisation Amount in accordance with the relevant Security Ranking Basis.
The Early Redemption Amount in respect of this Condition shall be determined using the Realisation Amount in respect of the proportion of the Charged Assets sold by the Selling Agent in accordance with this Condition and shall be applied in accordance with the relevant Security Ranking Basis and apportioned pro rata to those Securities being redeemed pursuant to this Condition.
The Selling Agent shall arrange for, and administer the sale of, the Charged Assets in accordance with the Agency Agreement in which case, upon the sale of the Charged Assets and receipt of the Realisation Amount, the Issuer shall give notice as soon as reasonably practicable to the Trustee and the Securityholders (which notice shall be irrevocable) of the date on which the Securities will be redeemed at the Early Redemption Amount.
More Definitions of Realisation Amount
Realisation Amount means the net realisation proceeds of the MTM Adjustable Assets following payment in full of all Enforcement Expenses;
Realisation Amount means the net proceeds of realisation of, or enforcement with respect to, the Mortgaged Property (following payment of (i) all amounts due to the Security Trustee and/or any appointee, including any costs, expenses and taxes incurred in connection with such realisation or enforcement and (ii) all amounts due and unpaid to the Fiscal Agent under clause 11.5 of the Agency Agreement);
Realisation Amount means the net proceeds of realisation of, or enforcement with respect to, the Security Interests over the Mortgaged Property (following payment or satisfaction of all amounts then due and unpaid under Clause 16 and/or 17 of the Trust Terms Module to the Trustee and/or any Appointee or, as the case may be, the Selling Agent, including any costs, expenses and taxes incurred in connection with such realisation or enforcement).
Realisation Amount means the net proceeds of (i) sale of the Charged Assets or (ii) realisation of, or enforcement with respect to the Security Interests over, the Secured Property (or any relevant part thereof), in each case following payment of all amounts due to the Trustee, the Selling Agent, the Calculation Agent, the Custodian and/or the Issuer, including (but not limited to) any costs, expenses and taxes incurred in connection with such sale, realisation or enforcement."
Realisation Amount means the net proceeds of (i) sale or realisation of or (ii) enforcement with respect to the Security Interests over, the Mortgaged Property (following payment or satisfaction of all amounts then due and unpaid under Clause 16 and/or 17 of the Trust Terms Module to the Trustee and/or any Appointee or, as the case may be, the Selling Agent, including any costs, expenses and taxes incurred in connection with such sale, realisation or enforcement), as the context may require.ANNEX 1 Instalment Payment Dates Instalment Amounts (EUR)01/04/200815,500.0001/05/200815,500.0001/11/200927,000.0001/12/20098,100.0001/01/2010105,000.0001/02/201018,000.0001/03/20108,500.0001/04/201018,000.0001/05/201032,000.0001/12/201110,000.0001/01/201285,000.0001/02/201220,000.0001/11/201290,000.0001/12/201220,000.0001/01/201390,000.0001/02/201321,000.0001/11/2013275,000.0001/12/201310,000.0001/01/2014236,000.0001/02/201421,000.0001/11/2014350,000.0001/12/201410,000.0001/01/2015230,000.0001/02/201521,000.0001/01/201650,000.0001/02/201634,000.0001/11/2016150,000.0001/12/201610,500.0001/01/2017245,000.0001/02/201721,000.0001/11/2017555,000.00001/12/201725,000.0001/01/2018250,000.0001/02/201836,000.0001/11/2023115,000.0001/12/202310,000.0001/01/2024195,000.0001/02/202417,000.0001/11/2028215,000.0001/01/2029240,000.0001/01/203225,000.0001/01/2033265,000.00TOTAL4,195,100USE OF PROCEEDS The net proceeds of the issue of the Securities, which amounts to EUR 2,514,000, will be exchanged on the Issue Date under the Asset Swap Transaction for an amount in U.S. Dollars and such U.S. Dollar amount will be used by the Issuer to purchase the Initial Charged Assets on the Issue Date. Method of Payment On the Issue Date, delivery of the beneficial interest in the Temporary Bearer Global Security will be made in book-entry form through the facilities of Euroclear or Clearstream, Luxembourg in each case against payment therefor in immediately available funds.DESCRIPTION OF THE MASTER AGREEMENT The following is a summary of certain features of the Master Agreement to be entered into and is qualified by reference to the detailed provisions of such Master Agreement. Termination of Transaction under Master Agreement The Transaction under the Master Agreement will terminate on the Termination Date unless terminated earlier in accordance with the terms thereof. Early Termination The occurrence of any of the following events will allow one or both of the parties, as provided in the Master Agreement, to termina...
Realisation Amount means (i) in respect of a Secured Series, the net proceeds of realisation of, or enforcement with respect to, the Security Interests over the Secured Property (following payment of all amounts due to the Trustee or, as the case may be, the Selling Agent, including any costs, expenses and taxes incurred in connection with such realisation or enforcement); or (ii) in respect of an Unsecured Series, the net proceeds of realisation of the Series Property (following payment of all amounts due to the Selling Agent, including any costs, expenses and taxes incurred in connection with such realisation).
Realisation Amount means the net proceeds of, or enforcement with respect to, the Security Interests over the Mortgaged Property (following payment of all amounts due to the Trustee or, as the case may be, the Selling Agent, including any cash, expenses and taxes incurred in connection with such realisation or enforcement) plus any amounts payable to the Issuer by the Counterparty or, as the case may be, less any amounts payable by the Issuer to the Counterparty in respect of termination of the Swap Agreement, converted into EUR (if not denominated in EUR) at such rate of exchange as the Selling Agent shall in its discretion determine.