Compartment Assets definition

Compartment Assets means the Issuer's rights, title and/or interests in and to the assets purchased or otherwise acquired by the Compartment with the net proceeds from the issue of Notes, including without limitation all payments received by the Compartment from time to time in respect of such assets, together with all other assets of the Compartment;
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Compartment Assets means the assets of the Compartment [●]. These will comprise the Series Assets [and any assets of other series of notes allocated to the Compartment [●]]. The Issuer will use the Compartment Assets to meet its payment obligations under the Notes.[If the DRV master agreement is applicable to the hedging agreement, insert:
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Compartment Assets means any assets (or proceeds thereof) of the Lender in respect of its compartment “Series 88”.
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Examples of Compartment Assets in a sentence

  • The Compartment Assets are the Reference Securities specified in paragraph 11 of Part B.

  • The intent of its use is to identify how differently various teachers are implementing the same curriculum as planned.

  • If the net proceeds of the realisation of the Compartment Assets are not sufficient to make all payments due in respect of the Notes, due to the Swap Counterparty (as the case may be) and each other creditor relating to the Notes, no other assets of the Issuer will be available to meet such shortfall.

  • Sub-Custodian in relation to the Compartment Assets: Not applicable.

  • Compartment Assets (together with any related security) will, unless otherwise specified in the Issue Specific Terms, be held by the Custodian on behalf of the Issuer pursuant to the Custody Agreement (as defined in Condition 8(c)(i)).

  • Limitation of rights Claims against the Issuer by Noteholders, the Swap Counterparty (as the case may be) and each other creditor relating to the Notes will be limited to the Compartment Assets applicable to the Notes.

  • Post issuance transaction information The Issuer does not intend to provide post issuance transaction information in relation to any Notes, the performance of the Compartment Assets or any assets underlying the Notes constituting derivative securities, except if required by any applicable laws and regulations.

  • Compartment Assets substitution by Swap Counterparty (pursuant to Condition 8(f)):Not applicable.

  • Issuer's rights as holder of Compartment Assets (if different from that set out in Condition 8(j)):Not applicable.

  • Names, addresses and significant business activities of the originators of the Compartment Assets: Not applicable.


More Definitions of Compartment Assets

Compartment Assets means funds held from time to time by the Account Bank and/or the Fiscal Agent and/or the Paying Agent for payments due under the Notes (the "Cash Compartment Assets"), the Issuer's rights under the swap agreement (the "Swap Agreement") and the Loan Compartment Assets (as defined below).
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Related to Compartment Assets

  • Current Assets of any Person means all assets of such Person that would, in accordance with GAAP, be classified as current assets of a company conducting a business the same as or similar to that of such Person, after deducting adequate reserves in each case in which a reserve is proper in accordance with GAAP.

  • Replacement Assets means, on any date, property or assets (other than current assets that are not purchased accounts receivable) of a nature or type or that are used in a Permitted Business (or an Investment in a Permitted Business), which shall include the controlling or majority equity interest in any Person engaged in a Permitted Business.

  • water meter means any apparatus for measuring or showing the volume of water supplied to, or of effluent discharged from any premises;

  • Specified Assets the following property and assets of such Grantor:

  • Fixed Assets means the Equipment and Real Estate of the Borrower.