Common use of Proposal to Issue Notes Clause in Contracts

Proposal to Issue Notes. Under clause 6.1 of the Master Trust Deed dated [*] 1998 (as amended from time to time) establishing the Crusade Euro Trusts (the Trust Deed) the Manager proposes and directs in this Note Issue Direction (the Note Issue Direction) that the Trustee on [*] (the Note Issue Date) will: (a) hold as trustee of the Crusade Euro Trust No. X of Y (the Trust) on the terms of the Trust Deed the benefit of the Portfolio of Receivables specified in [the attached Sale Notice/Annexure "A"] (the Portfolio of Receivables); (b) issue as trustee of the Trust the Notes specified below (the proposed Notes): (i) the name(s), total principal amount, total number and Subscription Amount of the proposed Notes are as follows: Name(s): Total principal amount: Total number: Subscription Amount: Issue price: Note Issue Date: (ii) the proposed Notes [will/will not] constitute a Class separate from any other Notes previously issued by the Trustee in its capacity as trustee of the Trust or from any other proposed Notes referred to in this Note Issue Direction. [The details of each Class are as follows: [specify information in (i) above for each Class]] (c) pay to [[*] (the Approved Seller)/[ ] (the Warehouse Trust)] the principal amount of the Loans relating to the Portfolio of Receivables at [date] (the Cut-Off Date) being $[*].] (d) the Lead Manager for the issue is [*]] (e) the Note Manager is [*] and was appointed pursuant to a Subscription Agreement dated [*] by which: - [*]

Appears in 6 contracts

Samples: Master Trust Deed (Crusade Management LTD), Master Trust Deed (Crusade Management LTD), Master Trust Deed (Crusade Management LTD)

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Proposal to Issue Notes. Under clause 6.1 13.1 (a) of the Master Trust Deed dated [*] 1998 1997 (as amended from time to time) establishing the Crusade Euro WST Trusts (the Trust Deed) the Trust Manager proposes and directs in this Note Issue Direction (the Note Issue Direction) that the Trustee on [*] (the Note Issue Date) will: (a) hold as trustee of the Crusade Euro Series [*] WST Trust No. X of Y (the Trust) on the terms of the Trust Deed the benefit of the Portfolio of Receivables specified in [the attached Sale Notice/Annexure "A"] (the Portfolio of Receivables); (b) issue as trustee of the Trust the Notes specified below (the proposed Notes): (i) the name(s), total principal amount, total number and Subscription Amount of the proposed Notes are as follows: Name(s): Total principal amount: Total number: Subscription Amount: Issue price: Note Issue Date: (ii) the proposed Notes [will/will not] constitute a Class separate from any other Notes previously issued by the Trustee in its capacity as trustee of the Trust or from any other proposed Notes referred to in this Note Issue Direction. [The details of each Class are as follows: [specify information in (i) above for each Class]] (c) pay to [[*] (the Approved Seller)/[ ] (the Warehouse Trust)] the principal amount of the Loans relating to the Portfolio of Receivables at [date] (the Cut-Off Date) being $[*].; and] (d) the Lead Manager for the issue is [*[ ]] (e) the Note Manager is [*] and was appointed pursuant to a Subscription Agreement dated [*] by which: - [*].

Appears in 3 contracts

Samples: Master Trust Deed (Westpac Securitisation Management Pty LTD), Master Trust Deed (Westpac Securitisation Management Pty LTD), Master Trust Deed (Westpac Securitisation Management Pty LTD)

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