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 housing means housing affordable,

  • 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.

  • Plan for moderate income housing means a written document adopted by

  • Median household income (MHI) means the calculation computed by the U.S. Census Bureau - Income of Households - This includes the income of the householder and all other individuals 15 years old and over in the household, whether they are related to the householder or not. Because many households consist of only one-person, average household income is usually less than average family income. The median divides the income distribution into two equal parts: one-half of the cases falling below the median income and one-half above the median. For households and families, the median income is based on the distribution of the total number of households and families including those with no income. The median income for individuals is based on individuals 15 years old and over with income. Median income for households, families, and individuals is computed on the basis of a standard distribution.

  • Trinity House means the Corporation of Trinity House of Deptford Strond;

  • Gross household income means gross income of a household as those terms are defined in rules of the authority.

  • Halfway house means a facility licensed by the division of parole and community services of the department of rehabilitation and correction pursuant to section 2967.14 of the Revised Code as a suitable facility for the care and treatment of adult offenders.

  • 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.

  • Qualified low-income community investment or “QLICI” shall have the same meaning as set forth in IRC § 45D(d) and 26 C.F.R. 1.45D-1(d).

  • General Motors Financial Company, Inc. means General Motors Financial Company, Inc. (f/k/a AmeriCredit Corp.).

  • Lower income household means a household having an income equal to or less than the

  • Low Income Households means households earning 80 percent or less of the countywide median income.

  • Very low-income household means a household with a total gross annual household income equal to 30 percent or less of the median household income.

  • Desjardins Investments means Desjardins Investments Inc. “DFSF” means Desjardins Financial Services Firm Inc. “DSFI” means Desjardins Financial Security Investments Inc. “DSI” means Desjardins Securities Inc.

  • Low-income housing means housing affordable according to

  • Mutual housing corporation means a corporation not-for-profit,

  • Low-income household means a household with a total gross annual household income equal to 50 percent or less of the median household income.

  • RSC means the Regional Security Coordinator(s) (RSC(s)) appointed for CCR Hansa, unless it is explicitly otherwise stated, according to Article 77(1)(a) of the SO Regulation that will perform the tasks allocated to this(these) RSC(s) according to Article 77(1)(c)(i) of the SO Regulation;

  • Community Contribution Company means a corporation formed under the laws of British Columbia that includes in its articles the following statement:

  • Lodging House means a building designed or intended to contain, or containing Lodging Units where the residents share access to common areas of the building, other than the Lodging Units;

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

  • Gross Income from Operations means, during any period, all sustainable income as reported on the financial statements delivered by Borrower in accordance with this Agreement, computed in accordance with GAAP, derived from the ownership and operation of the Property from whatever source during such period, including (i) Rents from Tenants that are in occupancy, open for business and paying full contractual rent without right of offset or credit, (ii) utility charges, (iii) escalations, (iv) forfeited security deposits, (v) interest on credit accounts, (vi) service fees or charges, (vii) license fees, (viii) parking fees, (ix) rent concessions or credits, (x) income from vending machines, (xi) business interruption or other loss of income or rental insurance proceeds, (xii) other required pass-throughs and (xiii) interest on Reserve Funds, if any, but excluding (i) Rents from month-to-month Tenants, Tenants during a free-rent period, or Tenants that are included in any Bankruptcy Action, (ii) sales, use and occupancy or other taxes on receipts required to be accounted for by Borrower to any Governmental Authority, (iii) refunds and uncollectible accounts, (iv) sales of furniture, fixtures and equipment, (v) Insurance Proceeds (other than business interruption or other loss of income or rental insurance), (vi) Awards, (vii) unforfeited security deposits, (viii) utility and other similar deposits and (ix) any disbursements to Borrower from the Reserve Funds, if any. Gross income shall not be diminished as a result of the Security Instrument or the creation of any intervening estate or interest in the Property or any part thereof.

  • Eligible Household means a household that is eligible to receive fuel assistance through the Maine State Housing Authority pursuant to section 4722, subsection 1, paragraph W; section 4741, subsection 15; and subchapter XIII and rules adopted pursuant to these laws. "Eligible household" does not include a tenant who resides in subsidized housing and receives a utility allowance or a tenant whose utilities are included in the rent. [PL 2001, c. 257, §1 (NEW).]

  • 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;