Income Housa definition

Income Housa means any Quarterly Loan Note held by Castle Trust customers prior to the Scheme of Arrangement;
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Examples of Income Housa in a sentence

  • However there were three main variants of the Housa issued which converted into structured deposits, as explained below.Income Housas were Loan Notes issued up to July 2014 by Castle Trust Income Housa plc which paid investors a quarterly coupon.

  • Castle Trust acts as counterparty in each of the Income Housa, Growth Housa, Foundation Housa and Fortress Bond transactions through the provision of investment products which generate the relevant return.

  • OpinionIn our opinion, the financial information gives, for the purposes of the prospectus dated 30 September 2013, a true and fair view of the state of affairs of Castle Trust Income Housa plc as at the dates stated and of its changes in equity for the periods then ended in accordance with International Financial Reporting Standards as adopted by the European Union.

  • Specified OfficesRegistrar: JTC (Jersey) Limited Elizabeth House9 Castle Street St. Helier Jersey JE2 3RT Issuer: Castle Trust Income Housa plc Elizabeth House9 Castle Street St. Helier Jersey JE2 3RT PART VII THE OFFERThis part sets out information relevant to each offer of Notes.

  • On 4 October 2012 the Group launched two products, an Income Housa and a Growth Housa.

  • The value of each Structured Deposit at the end of its term will accordingly be equal to the value which the Investment Return would have taken on the Maturity Date had the Scheme Creditor’s interest in the relevant Income Housa not been converted into an interest in a Structured Deposit in a Housa Account.

  • The equity capital of Castle Trust is materially larger than the aggregate Income Housa and Growth Housa issuances.

  • As at 31 March 2013Notional Amount Fair Value ££Liability to Income Housa customers66,82567,061 Liability to Growth Housa customers 353,080 355,293 419,905 422,354No comparatives are shown for this note, as these liabilities arose after 4 October 2012 when the Group first listed its investments.

  • At and from the Effective Time, the “Ongoing T&Cs” (as that term is used in the Housa Account Terms and Conditions) for each Housa Account to which CTC has credited a Structured Deposit pursuant to clause 3.3.1 (Conversion of interests in Income Housas to interests in Structured Deposits) shall be the Income Housa Terms and Conditions applicable to the corresponding series of Income Housas prior to the Effective Time.

  • As with the Income Housa, the Growth Housa is an investment product which is designed to grant the investor exposure to the potential growth or fall of the HHPI over the life of the product.

Related to Income Housa

  • Moderate-income household means a household with a total gross annual household income in excess of 50 percent but less than 80 percent of the median household income.

  • Supportive housing means housing with no limit on length of stay, that is occupied by the target population, and that is linked to an onsite or offsite service that assists the supportive housing resident in retaining the housing, improving his or her health status, and maximizing his or her ability to live and, when possible, work in the community.

  • Blackwater means wastewater contaminated by human body waste, toilet paper and any other material intended to be deposited in a receptor designed to receive urine or feces.

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • Revenue Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • foreign expenditures means expenditures in the currency of any country other than that of the Borrower for goods or services supplied from the territory of any country other than that of the Borrower;