Deliverable Property definition

Deliverable Property means, as determined by the Calculation Agent, the amount of Available Property less the relevant portion of the net proceeds of realisation of the Charged Assets (including cash) required to fund payment of any liabilities of the Issuer owed to parties other than the Noteholders.
Sample 1Sample 2Sample 3
Deliverable Property means, as determined by the Calculation Agent, the amount of Available Property less the relevant portion of the net proceeds of realisation of the Charged Assets (including cash) required to fund payment of any liabilities of the Issuer owed to parties other than the Noteholders.“Available Property” means, as determined by the Calculation Agent, the aggregate of:(i) the Underlying Assets and/or the net proceeds of realisation thereof as provided in accordance with paragraph 58 (Net proceeds of realisation of Charged Assets) below;(ii) any cash redemption proceeds received by the Issuer in respect of the Underlying Assets;(iii) (1) any amounts received by the Issuer upon termination of the Asset Swap Agreement and (2) any cash credit support and the proceeds of liquidating any non-cash credit support available to the Issuer under the Credit Support Annex.The Available Property may consist of physical assets and cash.“Early Redemption Amount Determination Period” means the period from, and including, the date of delivery of a notice (which the Calculation Agent shall promptly deliver) following an Early Redemption Event (other than an Underlying Early Redemption) up to, and including, the fifth Business Day thereafter.“Early Redemption Date” means the third Business Day after the Early Redemption Amount is determined. GENERAL PROVISIONS APPLICABLE TO THE NOTES 32. Form of Notes: Bearer Notes 33. (i) Temporary or Permanent Global Note/Registered Note/Dematerialised Note: Temporary Global Note exchangeable for Permanent Global Note exchangeable for Definitive Notes in the limited circumstances specified in the Permanent Global Note.
Sample 1Sample 2
Deliverable Property means, the portion of Available Property allocated to the Noteholders in accordance with the Application of Proceeds, as determined by the Calculation Agent.
Sample 1

Examples of Deliverable Property in a sentence

  • The Issuer is, hereby instructed to undertake the delivery of the remaining pro rata share of the Deliverable Property to the Noteholder in accordance with the below settlement instructions.

  • The determination of each Interest Rate, Interest Amount, Redemption Amount, Instalment Amount and/or amount of Deliverable Property, the obtaining of each quote and the making of each determination or calculation by the Calculation Agent or, as the case may be, the Trustee pursuant to Condition 6(c) (Interest Rate on Floating Rate Notes), shall (in the absence of manifest error) be final and binding upon all parties.

  • The Notes to which a Notes Transfer Notice relates shall cease to be outstanding on the date of delivery of the Deliverable Property in accordance with these Terms and Conditions.

  • If any part of the relevant Deliverable Property is delivered later than the originally scheduled due date for delivery, until delivery of such Deliverable Property is made to the Noteholder, the Issuer or any person on behalf of the Issuer shall continue to be the legal owner thereof.

  • The Note(s) will then be redeemed by delivery of the remaining Deliverable Property in respect of such Note(s) after deduction of such Delivery Expenses and, if applicable, payment of a cash amount in respect of any Fractional Entitlement and/or other amount arising upon redemption of such Note(s).

  • If there is no cash amount owing to a Noteholder sufficient to cover the Delivery Expenses in respect of relevant Note(s), the Issuer may arrange for the sale of such amount of the relevant Deliverable Property to be so delivered sufficient to cover the Delivery Expenses in respect of such Note(s).

  • Delivery of the Deliverable Property by the Issuer to the Noteholder shall be at the risk of the Noteholder and no additional payment or delivery will be due to a Noteholder where the relevant Deliverable Property is delivered after its due date in circumstances beyond the control of the Issuer (including for, but not limited to, reasons of illegality or impossibility).

  • Where a Noteholder holds Notes in an aggregate nominal amount greater than the minimum Authorised Denomination, the nominal amount of the Deliverable Property to be delivered in respect of such Notes shall be aggregated for the purposes of this Condition 7(d)(iii).

  • The Issuer shall not be under any obligation to register or procure the registration of any Sub-Series Noteholder or any other person as the registered holder of any of the assets to be delivered in the register of members of any company whose shares form part of the relevant Deliverable Property.

  • Where a Sub-Series Noteholder holds Notes in an aggregate nominal amount greater than the minimum Specified Denomination, the nominal amount of the Deliverable Property to be delivered in respect of such Notes shall be aggregated for the purposes of this Condition 9.11.3 (Fractional Entitlement).


More Definitions of Deliverable Property

Deliverable Property means the Deliverable Assets (if any) together with all amounts received or receivable upon termination of any relevant contract comprised in the Underlying Assets or Security Document.
Sample 1

Related to Deliverable Property

  • movable property means property of every description except immovable property;

  • Taxable Property means all Assessor’s Parcels which are not Exempt Property.

  • immovable property shall have the meaning which it has under the law of the Contracting State in which the property in question is situated. The term shall in any case include property accessory to immovable property, livestock and equipment used in agriculture and forestry, rights to which the provisions of general law respecting landed property apply, usufruct of immovable property and rights to variable or fixed payments as consideration for the working of, or the right to work, mineral deposits, sources and other natural resources; ships, boats and aircraft shall not be regarded as immovable property.

  • Eligible Property means property beneficially owned by a person or entity other than the Fund and held in a bank account maintained by BNYM for or on behalf of the Fund, or property held in a Fund shareholder account, which is (x) subject to reporting or escheat under an Unclaimed Property Law, (y) of a nature or type or classification reasonably related to the services performed by BNYM under this Agreement (such as cash amounts representing non-negotiated dividend checks and shares in abandoned shareholder accounts), and (z) under the control of BNYM.

  • Tangible Property means all equipment, machinery, goods, furniture, furnishings, fixtures, supplies, tools, materials, vehicles, books, records, and other tangible personal property that are part of the Collateral.

  • rateable property means property on which the municipality may in terms of Section 2 of the Property Rates Act 2004 levy a rate, but excluding property fully excluded from the levying of rates in terms of Section 17 of that Act.

  • Assessable property means property that is liable to assessment under this By-law;

  • Specified Property means property for which an election has been made for a special elective benefit.

  • Property Notice means any order, notice, proposal, demand or other requirement issued by any competent authority (including the Landlord) which materially affects the Academy Trust’s ability to use the Land for the purposes of the Academy. Restrictions on Land transfer

  • newly rateable property means any rateable property on which property rates were not levied before the end of the financial year preceding the date on which this Act took effect, excluding –

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • Developed Property means all Assessor’s Parcels of Taxable Property for which Building Permits were issued on or before May 1 of the prior Fiscal Year, provided that such Assessor's Parcels were created on or before January 1 of the prior Fiscal Year and that each such Assessor's Parcel is associated with a Lot, as determined reasonably by the Board.

  • Real Property Deliverables means each of the following agreements, instruments and other documents in respect of each Facility (to the extent requested by the Collateral Agent and relevant to the applicable jurisdiction):

  • Environmentally preferable products means a product or service that has a lesser or reduced effect on human health and the environment when compared with competing products or services that serve the same purpose. Such products or services may include, but are not limited to, those which contain recycled content, minimize waste, conserve energy or water, and reduce the amount of toxics either disposed of or consumed.

  • Qualified Property has the meaning set forth in Section 313.021(2) of the TEXAS TAX CODE and as interpreted by the Comptroller’s Rules and the Texas Attorney General, as these provisions existed on the Application Review Start Date.

  • Improved Property means any property upon which there is erected a structure intended for continuous or periodic habitation, occupancy or use by human beings or animals and from which structure Sanitary Sewage and/or Industrial Wastes shall be or may be discharged.

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;

  • Intangible Property shall have the meaning given to such term in Section 2.1(c) hereof.

  • Transition Property means the property right created by a financing order, including without

  • Abandoned property means personal property left by an owner who intentionally

  • Impaired property means tangible property, other than "your product" or "your work", that cannot be used or is less useful because:

  • Recyclable Product means the ability of a product and its packaging to be reused, reconditioned for use, or recycled through existing recycling collection programs.

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

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

  • Acquired Property shall have the meaning set forth in Section 5.1.10(h)(i) hereof.

  • Common Property means any and all real and personal property and easements and other interests therein, together with the facilities and improvements located thereon, now or hereafter owned by the Association for the common use and enjoyment of the Owners.