Cash Charged Assets definition

Cash Charged Assets means, to the extent that the Charged Assets comprise cash on the Issue Date, any such cash. However, for the avoidance of doubt, it is intended that the Initial Charged Assets shall not comprise any cash and that, accordingly, there will be no Cash Charged Assets on the Issue Date.
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Cash Charged Assets means any cash in cleared and freely transferable funds, deposited into a Cash Account but excludes an amount of cash equal to any such amounts comprising Eligible Credit Support and/or Equivalent Credit Support transferred pursuant to the Credit Support Annex in respect of the Charged Agreement. Noteholders should be aware that, to the extent that the Initial Charged Assets comprise Cash Charged Assets in whole or in part, the terms and conditions of the Notes permit (but do not oblige) the Swap Counterparty to replace in whole or in part such Initial Charged Assets with the Corporate Bonds at any time after Issue Date. Following the Issue Date, (i) any Eligible Credit Support and/or Equivalent Credit Support (each as defined in the Charged Agreement) transferred by the Swap Counterparty to the Issuer pursuant to the Credit Support Annex in respect of the Charged Agreement shall, upon such transfer, comprise part of the Charged Assets; and (ii) any Eligible Credit Support and/or Equivalent Credit Support (each as defined in the Charged Agreement) transferred by the Issuer to the Swap Counterparty pursuant to the Credit Support Annex in respect of the Charged Agreement shall, upon such transfer, no longer comprise part of the Charged Assets. In the event that the Charged Assets comprise Corporate Bonds, if the Charged Assets are redeemed in whole or in part on or prior to the Maturity Date such Redemption Proceeds shall be credited to the relevant Cash Account pursuant to the Custody Agreement, and shall comprise Charged Assets as from the date of such crediting and, provided that such redemption does not constitute an Early Redemption Event in relation to which a Redemption Event Notice has been delivered in accordance with paragraph 26 (Early Redemption) hereof, the Notes will not redeem as a result of such redemption of the Charged Assets. Interest shall accrue on the balance of each respective Cash Account (the “Cash Account Balance”) up to and including the Maturity Date on a daily basis at the relevant OvernightRate in an amount equal to the product of the following:
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Cash Charged Assets means, to the extent that the Charged Assets comprise cash on the Issue Date, any such cash.
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Examples of Cash Charged Assets in a sentence

  • Noteholders should be aware that, to the extent that the Initial Charged Assets comprise Cash Charged Assets, the terms and conditions of the Notes permit (but do not oblige) the Swap Counterparty to substitute the Initial Charged Assets with the JGB Charged Assets following the Issue Date.

  • Noteholders should be aware that, to the extent that the Initial Charged Assets comprise Cash Charged Assets in whole or in part, the terms and conditions of the Notes permit (but do not oblige) the Swap Counterparty to replace in whole or in part such Initial Charged Assets with the Corporate Bonds at any time after Issue Date.

  • Noteholders should be aware that, to the extent that the Initial Charged Assets comprise Cash Charged Assets, the terms and conditions of the Notes permit (but do not oblige) the Swap Counterparty to substitute the Initial Charged Assets with the Bond Charged Assets following the Issue Date.

  • The “Deferred Maturity Date” means two Business Days following the Deferred Redemption Date (as defined in the Charged Assets Offering Circular) in relation to the Corporate Bonds.Charged Assets The Charged Assets comprise the Initial Charged Assets together with any Replacement Bond Charged Assets but excluding any Substituted Cash Charged Assets (each, as defined below).

  • Noteholders should be aware that, to the extent that the Initial Charged Assets comprise Cash Charged Assets, the terms and conditions of the Notes permit (but do not oblige) the Swap Counterparty to substitute such Initial Charged Assets with the JGB ChargedAssets following the Issue Date.

  • Noteholders should be aware that, to the extent that the Initial Charged Assets comprise Cash Charged Assets in whole or in part, the terms and conditions of the Notes permit (but do not oblige) the Swap Counterparty to replace in whole or in part such Initial Charged Assets with the JGB Charged Assets at any time after Issue Date.

  • The transfer of the Substituted Cash Charged Assets by the Issuer (or the Custodian on behalf of the Issuer) and the delivery of the Replacement Bond Charged Assets by the Swap Counterparty shall be made with full title guarantee, free and clear of all charges, liens and encumbrances (other than any Permitted Limitation on Title) and with the benefitof all rights and entitlements thereto and therein subsisting as at the date of such transfer.

  • However, the re-priced options would be subject to variable accounting, which would require us to record additional compensation expense each quarter until the re-priced options were exercised, canceled or expired, which could have negative consequences on our earnings.

  • Maturity Date: 6 April 2032, subject to the occurrence of any Early Redemption Event.Charged Assets The Charged Assets comprise the Initial Charged Assets together with any Replacement Bond Charged Assets but excluding any Substituted Cash Charged Assets (each, as defined below), as may be adjusted from time to time pursuant to the provisions below relating to operation of the Credit Support Annex in respect of the Charged Agreement.

  • Noteholders should be aware that, to the extent that the Initial Charged Assets comprise Cash Charged Assets in whole or in part, the terms and conditions of the Notes permit (but do not oblige) the Swap Counterparty to substitute the Initial Charged Assets with the Corporate Bonds following the Tranche 1 Issue Date.

Related to Cash Charged Assets

  • Charged Assets means the assets from time to time subject, or expressed to be subject, to the Charges or any part of those assets.

  • Charged Property means all of the assets of the Obligors which from time to time are, or are expressed to be, the subject of the Transaction Security.

  • Charged-Off Receivable means a Receivable: (i) as to which the Obligor thereof has taken any action, or suffered any event to occur, of the type described in Section 9.1(d) (as if references to Seller Party therein refer to such Obligor); (ii) as to which the Obligor thereof, if a natural person, is deceased, (iii) which, consistent with the Credit and Collection Policy, would be written off Seller’s books as uncollectible, or (iv) which has been identified by Seller as uncollectible.

  • Enlarged Group means the CareTech Group as enlarged by the Cambian Group following Completion

  • RUNNING CHARGE PER KILOMETER means the rates payable against each KM run. and shall be deemed to include all the expenditures of the Transport Supplier viz., cost of fuel, tyre/tube, battery & consumables like lubricants etc. and other maintenance expenditures including accessories involved including GST element as applicable towards movement of the vehicle(s)/equipment.

  • Engineer-In-Charge (EIC means the Engineer officer authorised to direct, supervise and be In-charge of the works for the purpose of this contract who shall supervise and be in charge of the work.

  • Required Daily Deposit Target Finance Charge Amount means, for any day in a Due Period, an amount equal to the Class A Tranche Interest Allocation for the related Distribution Date; provided, however, that for purposes of determining the Required Daily Deposit Target Finance Charge Amount on any day on which the Class A Tranche Interest Allocation cannot be determined because the LIBOR Determination Date for the applicable Interest Accrual Period has not yet occurred, the Required Daily Deposit Target Finance Charge Amount shall be the Class A Tranche Interest Allocation determined based on a pro forma calculation made on the assumption that LIBOR will be LIBOR for the applicable period determined on the first day of such calendar month, multiplied by 1.25.

  • Surplus property means excess personal property not required by any Federal agency as determined by the Administrator of the General Services Administration (GSA).

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • Finance Lease Obligations means, at the time any determination thereof is to be made, the amount of the liability in respect of a Finance Lease that would at such time be required to be capitalized and reflected as a liability on a balance sheet (excluding the footnotes thereto) prepared in accordance with GAAP; provided that Finance Lease Obligations shall, for the avoidance of doubt, exclude all Non-Finance Lease Obligations.

  • Finance Lease Obligation means, at the time any determination thereof is to be made, the amount of the liability in respect of a finance lease that would at such time be required to be capitalized and reflected as a finance lease on a balance sheet (excluding the footnotes thereto) in accordance with GAAP.

  • Finance charge means that term as defined in section 106 of the truth in lending act, 15 USC 1605.

  • Deactivation Avoidable Cost Credit means the credit paid to Generation Owners pursuant to Tariff, Part V, section 114. Deactivation Avoidable Cost Rate:

  • Capital Charge means the deemed opportunity cost of employing Capital in the Company’s businesses, determined as follows: Capital Charge = Capital X Cost of Capital

  • Charged-Off Loan means any Loan (i) that is 120 days past due with respect to any interest or principal payment, (ii) for which an Insolvency Event has occurred with respect to the related Obligor or (iii) that is or should be written off as uncollectible by the Servicer in accordance with the Credit and Collection Policy.

  • Finance Charge Receivables means Receivables created in respect of periodic finance charges, late fees, returned check fees and all other similar fees and charges billed or accrued and unpaid on an Account.

  • reverse charge ’ means the liability to pay tax by the recipient of supply of goods or services or both instead of the supplier of such goods or services or both under sub-section (3) or sub-section (4) of section 9, or under sub-section (3) or sub-section (4) of section 5 of the Integrated Goods and Services Tax Act;

  • Assigned Annual Special Tax means the Special Tax of that name described in Section D.

  • Not off-vehicle charging hybrid electric vehicle (NOVC-HEV) means a hybrid electric vehicle that cannot be charged from an external source.

  • Failed Bank Charge-Offs/Write-Downs means, with respect to any Shared- Loss Asset, an amount equal to the aggregate amount of reversals or charge-offs of Accrued Interest and charge-offs and write-downs of principal effected by the Failed Bank with respect to that Shared-Loss Asset as reflected on the Accounting Records of the Failed Bank.

  • SLDC Charges means the charges levied by the SLDC of the state wherein the Solar Power Project is located;

  • Retail charge agreement means that term as defined in section 2 of the retail installment sales act, MCL 445.852.

  • Consolidated Non-cash Charges means, with respect to any Person for any period, the aggregate depreciation, amortization (including amortization of goodwill and other intangibles) and other non-cash expenses of such Person and its Restricted Subsidiaries reducing Consolidated Net Income of such Person and its Restricted Subsidiaries for such period, determined on a consolidated basis in accordance with GAAP (excluding any such charges constituting an extraordinary item or loss).

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Refunded Obligations means, collectively, the Refunded Notes, if any, and the Refunded Bonds, if any, refunded by each Series.

  • Finance Charge Collections means Collections of Finance Charge Receivables.