Deed of Substitution definition

Deed of Substitution means a deed poll substantially in the form annexed to the Agency Agreement;
Sample 1Sample 2Sample 3
Deed of Substitution means the Deed of Substitution substantially in the form attached hereto as Exhibit D, to be entered into at the Closing.
Sample 1Sample 2
Deed of Substitution means a deed executed pursuant to Clause 15, in the form attached as Schedule 1.
Sample 1Sample 2

Examples of Deed of Substitution in a sentence

  • Pursuant to the Deed of Substitution, Novation and Amendment, the Issuer was substituted in replacement of Abbey National Treasury Services plc as issuer of the Covered Bonds on 1 June 2016 on the terms applicable to each Series of Covered Bonds then existing and all Series of Covered Bonds to be issued on or after that date.

  • The Respondent now recognizes that his research did not relate to the issue of signatures before notaries.Additionally, the Deed of Substitution of Trustees for the Deed of Trust states that any one of the substituted trustees can act for the other.

  • POF agrees to execute the Deed of Substitution promptly on the request of the Company.

  • The Approved Trustee certifies that this Deed of Substitution does not materially prejudice the Members or Employers’ interest, does not to any extent release the parties from any liability to Members or Employers and does not increase the costs and charges payable under the Scheme.

  • White Mountains shall procure that the executed Deed of Substitution is delivered to the Company and that a copy is provided to the Founding Shareholders.

  • The Deed of Substitution will take effect on and from the date specified in that Notice.

  • The Deed of Substitution will be governed by the laws of England and the courts of England shall have exclusive jurisdiction over any dispute in connection with it.

  • The Seller and the Purchaser shall procure that a Deed of Substitution is executed on and with effect from Completion replacing Alumina Chemicals Limited as the Principal Employer of the Alumina Chemicals Limited (1997) Pension Fund ("the Irish Scheme") with the Purchaser (or such company as the Purchaser shall nominate).

  • Deed of Substitution (CPA10063) - July 1995 and December 2003 (MORT 0078 DEC 03 F) and (MORT 0078 NOV 04 DS) 4.

  • The obligations of the Issuer to pay any amounts due and payable in respect of this Deed of Substitution, the Relevant Series of Notes and to the other Transaction Parties at any time in respect of the Relevant Series of Notes shall be limited to the proceeds available out of the Mortgaged Property in respect of the Relevant Series of Notes at such time to make such payments in accordance with Condition 15 (Application of Available Proceeds).


More Definitions of Deed of Substitution

Deed of Substitution means the deed of substitution in the Agreed Form to be executed by the Purchaser and the Company in relation to the substitution of the Purchaser as the issuer of the Mezzanine Notes, in place of the Company;
Sample 1
Deed of Substitution has the meaning given in Clause 13.1; “Delivery Time” has the meaning given in paragraph 3 of Part C of Schedule 6; “Disclosed” means fairly disclosed in such manner and in such detail as to enable a reasonable investor to make a reasonable assessment of the nature and scope of the matter concerned and “Disclose” shall be construed accordingly; “Dispute Notice” has the meaning given in paragraph 7 of Part A of Schedule 6; “Disputes” has the meaning ascribed to it in Clause 14.32; “Draft Completion Accounts” has the meaning given in paragraph 1 of Part A of Schedule 6; “Effective Time” has the meaning given in paragraph 2 of Part C of Schedule 6; “Employee Shareholders” means each and every person who will hold Shares immediately after Completion, excluding the Investor;
Sample 1
Deed of Substitution means the deed of substitution, novation, assignment and amendment pursuant to which the Ares European CLO XII B.V. novated and assigned its rights and obligations under the Transaction Documents to the Issuer.
Sample 1
Deed of Substitution means the Deed of Substitution substantially in the form attached hereto as Exhibit D , to be entered into at the Closing. “ Disclosure Letters ” shall mean the Sellers Disclosure Letter and the Purchaser Disclosure Letter.
Sample 1
Deed of Substitution has the meaning given in Error! Reference source not found. of Error! Reference source not found.;
Sample 1
Deed of Substitution has the meaning given in Clause 13.1; “Delivery Time” has the meaning given in paragraph 3 of Part C of Schedule 6; “Disclosed” means fairly disclosed in such manner and in such detail as to enable a reasonable investor to make a reasonable assessment of the nature and scope of the matter concerned and “Disclose” shall be construed accordingly; “Dispute Notice” has the meaning given in paragraph 7 of Part A of Schedule 6; “Disputes” has the meaning ascribed to it in Clause 14.32; “Draft Completion Accounts” has the meaning given in paragraph 1 of Part A of Schedule 6; “Effective Time” has the meaning given in paragraph 2 of Part C of Schedule 6; “Employee Shareholders” means each and every person who will hold Shares immediately after Completion, excluding the Investor; “Employment Condition” means the condition listed in paragraph 8 of Schedule 5; “Estimated Tangible Book Value” means US$35,000,000; “Existing Shareholder” means any person who is or was a shareholder of the Company at any time during the period from the date of this Agreement to (but excluding) Completion; “Expert” has the meaning given in paragraph 10(b) of Part A of Schedule 6; “FAL” has the meaning given in the Interim FAL Provision Agreement; 7
Sample 1

Related to Deed of Substitution

  • Collateral Substitution has the meaning specified in Section 3.13.

  • Assignment of Mortgage An assignment of the Mortgage, notice of transfer or equivalent instrument in recordable form, sufficient under the laws of the jurisdiction wherein the related Mortgaged Property is located to reflect the sale of the Mortgage to the Purchaser.

  • Lost Mortgage Note Any Mortgage Note the original of which was permanently lost or destroyed and has not been replaced.

  • Reverse mortgage means a nonrecourse loan under which both of the following apply:

  • Deed of Accession means a deed of accession substantially in the form of Schedule 5 (Form of Accession Deed).

  • Substitute Mortgage Loan A Mortgage Loan substituted by the Seller for a Deleted Mortgage Loan which must, on the date of such substitution, as confirmed in a Request for Release, substantially in the form of Exhibit L, (i) have a Stated Principal Balance, after deduction of the principal portion of the Scheduled Payment due in the month of substitution, not in excess of, and not more than 10% less than the Stated Principal Balance of the Deleted Mortgage Loan; (ii) have an Adjusted Net Mortgage Rate not lower than the Adjusted Net Mortgage Rate of the Deleted Mortgage Loan, provided that the Master Servicing Fee for the Substitute Mortgage Loan shall be equal to or greater than that of the Deleted Mortgage Loan; (iii) have a maximum mortgage rate not more than 1% per annum higher or lower than the maximum mortgage rate of the Deleted Mortgage Loan; (iv) have a minimum mortgage rate specified in its related Mortgage Note not more than 1% per annum higher or lower than the minimum mortgage rate of the Deleted Mortgage Loan; (v) have the same mortgage index, reset period and periodic rate as the Deleted Mortgage Loan and a gross margin not more than 1% per annum higher or lower than that of the Deleted Mortgage Loan (vi) be accruing interest at a rate no lower than and not more than 1% per annum higher than, that of the Deleted Mortgage Loan; (iv) have a Loan-to-Value Ratio no higher than that of the Deleted Mortgage Loan; (vii) have a remaining term to maturity no greater than (and not more than one year less than that of) the Deleted Mortgage Loan; (viii) not be a Cooperative Loan unless the Deleted Mortgage Loan was a Cooperative Loan and (ix) comply with each representation and warranty set forth in Section 2.3 hereof.

  • Substitute Property shall have the meaning set forth in Section 2.6 hereof.

  • Lease Assignments means the assignments of real property leases and subleases by and between a member of the Nuance Group, as assignor, and a member of the SpinCo Group, as assignee, in each case as set forth on Schedule XII under the caption “Lease Assignments.”

  • Collateral Assignments means, collectively, the Assignment of the Development Agreement, and the Assignment of Management Agreement, the Assignment of the Right to Receive Tax Credits, Capital Contributions and Partnership Interests, each in form and substance satisfactory to the Significant Bondholder and the Financial Monitor and as each may be amended or supplemented from time to time with the prior written consent of the Significant Bondholder.

  • Lease Assignment has the meaning set forth in Section 3.5(d).

  • Mortgaged Property shall have the meaning assigned to such term in the recitals.

  • Replacement Airframe means an Airbus A321 aircraft or a comparable or improved model of Manufacturer (except (a) Engines or engines from time to time installed thereon and any and all Parts related to such Engine or engines and (b) Excluded Equipment), that shall have been made subject to the Lien of the Indenture pursuant to Section 7.05 thereof, together with all Parts relating to such aircraft.

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • Replacement Property means any property which is placed in service as a replacement for any item of Equipment or any Improvement previously subject to this Fee Agreement regardless of whether such property serves the same functions as the property it is replacing and regardless of whether more than one piece of property replaces any item of Equipment or any Improvement to the fullest extent that the FILOT Act permits.

  • Substitute Aircraft Has the meaning specified in the NPA.

  • New Lease Any lease of REO Property entered into on behalf of REMIC I, including any lease renewed or extended on behalf of REMIC I, if REMIC I has the right to renegotiate the terms of such lease.

  • Blanket Mortgage The mortgage or mortgages encumbering a Cooperative Property.

  • Deed of Charge means the English law deed of charge that may be entered into between the Guarantor and the Representative of the Covered Bondholders (acting on behalf of the Covered Bondholders and the Other Creditors);

  • Aircraft Mortgage means each Aircraft and Engine mortgage and security agreement entered into by any Borrower in favor of the Agent evidencing the Liens in respect of such Aircraft Collateral that will secure the Obligations, in each case as amended, modified, restated, supplemented or replaced from time to time.

  • Collateral Assignment means, with respect to any Contracts, the original instrument of collateral assignment of such Contracts by the Company, as Seller, to the Collateral Agent, substantially in the form included in Exhibit A hereto.

  • Second Mortgage means a mortgage from which the proceeds of a loan or other extension of credit made by a third person are secured by a mortgage on the real property for which the mortgagor has used the proceeds of the loan or other extension of credit to pay all or part of the purchase price of the property.

  • Permitted Mortgage means (a) any purchase money mortgage on such Principal Property prior to, simultaneously with or within 180 days after the later of (1) the acquisition or completion of construction or completion of substantial reconstruction, renovation, remodeling, expansion or improvement (each, a “substantial improvement”) of such Principal Property or (2) the placing in operation of such property after the acquisition or completion of any such construction or substantial improvement; (b) Mortgages on a Principal Property existing at the time of acquisition, including acquisition through merger or consolidation; (c) Mortgages existing on the date of the initial issuance of the Notes, Mortgages on assets of a corporation or other business entity existing on the date it becomes a Restricted Subsidiary or is merged or consolidated with the Company or a Restricted Subsidiary or at the time the corporation or other business entity sells, leases or otherwise disposes of its property as an entirety or substantially as an entirety to the Company or a Restricted Subsidiary or Mortgages on the assets of a Subsidiary that is newly designated as a Restricted Subsidiary if the Mortgage would have been permitted under the provisions of this paragraph if such Mortgage was created while the Subsidiary was a Restricted Subsidiary; (d) Mortgages in favor of the Company or a Restricted Subsidiary; (e) Mortgages for taxes, assessments or governmental charges or levies that are not delinquent or that are being contested in good faith; (f) carriers’, warehousemen’s, materialmen’s, repairmen’s, mechanic’s, landlords’ and other similar Mortgages arising in ordinary course of business that are not delinquent or remain payable without penalty or that are being contested in good faith; (g) Mortgages (other than any Mortgage imposed by the Employee Retirement Income Security Act of 1974) consisting of pledges or deposits required in the ordinary course of business in connection with workers’ compensation, unemployment insurance and other social security legislation; (h) easements, rights-of-way, restrictions, encroachments, imperfections and other similar encumbrances affecting real property that, in the aggregate, are not substantial in amount and do not in any case materially detract from the value of the Principal Property subject thereto or materially interfere with the ordinary conduct of the Company and its Subsidiaries’ business, taken as a whole; (i) Mortgages arising by reason of deposits with, or the giving of any form of security to, any governmental agency or any body created or approved by law or governmental regulation, including any zoning or similar law or right reserved to or vested in any governmental office or agency to control or regulate the use of any real property; (j) Mortgages arising from filing Uniform Commercial Code financing statements relating solely to leases; and (k) Mortgages to secure Indebtedness incurred to extend, renew, refinance or replace Indebtedness secured by any Mortgages referred to above, provided that the principal amount of the extended, renewed, refinanced or replaced Indebtedness does not exceed the principal amount of Indebtedness so extended, renewed, refinanced or replaced, plus transaction costs and fees, and that any such Mortgage applies only to the same property or assets subject to the prior permitted Mortgage (and, in the case of real property, improvements).

  • Underlying Mortgaged Property With respect to each Co-op Loan, the underlying real property owned by the related residential cooperative housing corporation.

  • Fee Mortgage Any mortgage, pledge agreement, security agreement, assignment of leases and rents, fixture filing or similar document creating or evidencing a lien on Landlord’s interest in the Leased Property or any portion thereof (or an indirect interest therein, including without limitation, a lien on direct or indirect interests in Landlord) in accordance with the provisions of Article XXXI hereof.

  • Purchase Money Mortgage means a mortgage secured by a first lien or junior lien taken or retained by the seller of real property to secure all or part of the purchase price of the property.

  • Leasehold Mortgage means a mortgage, a deed of trust, a deed to secure debt, or other security instrument by which the Leasehold is mortgaged, conveyed, assigned, or otherwise transferred to secure a debt or other obligation.