Dissolution Distribution Amount definition

Dissolution Distribution Amount means, in relation to each Certificate:

Dissolution Distribution Amount means the Trustee Call Amount, the Capital Event Redemption Amount or the Tax Event Redemption Amount, as the case may be, or such other amount in the nature of a redemption amount as may be determined in accordance with these Conditions;

Dissolution Distribution Amount means, in relation to a particular Series:

Examples of Dissolution Distribution Amount in a sentence

• Payments of the Dissolution Distribution Amount will only be made against presentation and surrender of the relevant Certificate at the specified office of any of the Paying Agents.

• Payments of the Dissolution Distribution Amount will only be made against surrender of the relevant Certificate at the specified office of any of the Paying Agents.

• Claims against the Trustee for payment in respect of the Certificates shall be prescribed and become void unless made within 10 years (in the case of the Dissolution Distribution Amount) or five years (in the case of Periodic Distribution Amounts) from the appropriate Relevant Date in respect of them.

• The Registrar will not register title to the Certificates in a name other than that of a nominee for the Common Depositary for a period of seven calendar days preceding the due date for any payment of any Periodic Distribution Amount or the Dissolution Distribution Amount in respect of the Certificates.

• Any such redemption of Certificates shall be at their Dissolution Distribution Amount.

More Definitions of Dissolution Distribution Amount

Dissolution Distribution Amount means the sum of:

Dissolution Distribution Amount means, in relation to each Certificate to be redeemed on the relevant Dissolution Date, the sum of:

Dissolution Distribution Amount means, in relation to each Certificate to be redeemed on the relevant Dissolution Date:

Dissolution Distribution Amount means the aggregate outstanding face amount of the Certificates plus the Periodic Distribution Amounts accrued and unpaid (if any) to the due date for dissolution.

Dissolution Distribution Amount means, in relation to each Certificate, the sum of:

Dissolution Distribution Amount means, as of any date, the aggregate principal amount of the Certificates then outstanding plus accrued and unpaid Periodic Distribution Amounts as of such date.

Dissolution Distribution Amount. Means the purchase price for the Lease Assets payable upon final redemption thereof as specified in the Purchase Undertaking or such relevant Transaction Document as the Parties may agree;"Effective Date"Means the date of the Transaction Documents"Engineer"The Director of Federal Highways in the Federal Ministry of Power, Works & Housing of the Federal Government of Nigeria, or such other person as may from time to time be appointed to act in that capacity"Event of Default"Any of the events or circumstances described in the Lease Agreement"Exchange"The Nigerian Stock Exchange and the FMDQ OTC Securities Exchange"FBN Merchant Bank Limited" or "FBN MB"Joint Financial Adviser"Federal Government" or "FGN"Federal Government of Nigeria"Financial Advisers"FBN Merchant Bank Limited Lotus Financial Services Limited"FIRS"Federal Inland Revenue Service"FMDQ"FMDQ OTC Securities Exchange"Forward Ijara Agreement"Means the forward lease agreement between the Issuer and the FGN for the lease of the Lease Assets"GDP"Gross Domestic Product"High Net Worth Individual"An individual investor with a net worth of at least N300 million, excluding automobiles, homes and furniture as defined by Rule 321 of the SEC Rules and Regulations (as amended)"ISA" or "the Act"Investments & Securities Act, No 29, 2007"Issue Date"The date on which the Sukuk is issued as evidenced by the Certificate"Issuer" or "SPV/ Issuer" or "Trustee"FGN Roads Sukuk Company 1 PLC"Issue Proceeds Account"Means the non-interest account with the CBN into which the Subscription Amount received from the Sukukholders shall be deposited"Lease"The lease of the Lease Assets (created under the Forward Ijara Agreement) bythe Issuer to the Obligor"Lease Assets"Means the assets sought to be leased by the Lessee from the Lessor pursuantto the Forward Ijara Agreement"Lease Commencement Date"The date of the delivery of the first Certificate of Completion by the Lessor to the Lessee in accordance with the provisions of the Forward Ijara Agreement"Lease Period"The term of the forward lease of the Lease Assets by the Lessee from the Lessor, as set out in the Forward Ijara Agreement"Lease Rental" or "Rental"The rent payable by the Lessee to the Lessor in respect of the lease of the Lease Assets"Lessee"The Federal Government of Nigeria represented by the Honourable Minister of Power, Works and Housing"Lessor"FGN Roads Sukuk Company 1 PLC