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.
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.
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.
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.