Examples of Deferred Sale Price in a sentence
The Certificates will be redeemed using the proceeds of insurance payable in respect of the Total Loss Event, which are required to be paid into the Transaction Account by no later than the 30th day after the occurrence of the Total Loss Event, and the payments made in respect all outstanding amounts of the Deferred Sale Price.
The aggregate of such amounts and any insurance proceeds and/or Total Loss Shortfall Amount, together with all outstanding amounts of the Deferred Sale Price, are intended to be equal to the aggregate face amount of the Series together with all accrued and unpaid Periodic Distribution Amounts.
Upon maturity, AmIslamic shall pay all amounts outstanding in respect of the Deferred Sale Price of the relevant Subordinated Sukuk Murabahah upon which the relevant Subordinated Sukuk Murabahah will be cancelled.
The Portfolio Assets comprised in the relevant Asset Portfolio, each Commodity Murabaha Investment (if applicable) and all other rights arising under or with respect to such Asset Portfolio and each Commodity Murabaha Investment (including the right to receive payment of each Deferred Sale Price and any other amounts or distributions due in connection with the Portfolio Assets) shall comprise a "Wakala Portfolio" in respect of the relevant Series.
In such circumstances, the relevant pro rata proportion of each outstanding Deferred Sale Price shall also be cancelled in accordance with the terms of the Master Murabaha Agreement.