Issuer Profit definition

Issuer Profit means the payment on the Issue Date into the Issuer Profit Account of $10,000 as a fee for entering into the transactions contemplated by this Indenture, the Proceeds Loan Agreement, the Collateral Sharing Agreement, the Notes Security Documents and the other agreements to which the Issuer is party.
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Issuer Profit means the payment on the Issue Date into the Issuer Profit Account of (i) of £3,000 as a fee for entering into the Transactions (as defined in the Trust Deed) and (ii) a £100 arrangement fee, in each case, pursuant to the Expenses Agreement.
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Issuer Profit means £300.
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Examples of Issuer Profit in a sentence

  • On the Closing Date, the Cash Manager will establish the Issuer Profit ▇▇▇▇▇▇ which shall record as a credit amounts retained by the Issuer as profit in accordance with the Pre-Enforcement Revenue Priority of Payments and the Post-Enforcement Priority of Payments.

  • Any amount standing to the credit of the Issuer Profit ▇▇▇▇▇▇ may be used to pay any tax liability of the Issuer and any amount so used will be debited from the Issuer Profit ▇▇▇▇▇▇ accordingly.

  • The Issuer Cash Manager shall record as a debit to the Issuer Profit Ledger any amounts paid by the Issuer as dividends and/or corporation tax.

  • The Cash Manager shall take all reasonable steps to ensure that it receives a bank statement from the Account Bank in relation to each of the Transaction Account and the Issuer Profit Account (as provided for in the Account Bank Agreement) and that it furnishes a copy of such statements to the Issuer and the Trustee upon request.

  • The Deposit Account Bank has opened the Deposit Account, the Issuer Profit Account and the IRC Euro Cash Collateral Account denominated in euros in the name of the Issuer and will operate the Deposit Account and the IRC Euro Cash Collateral Account and the Issuer Profit Account in accordance with this Deposit Account Bank Agreement, the Deposit Account Mandate and the IRC Euro Cash Collateral Account Mandate and the other Transaction Documents (as applicable) to which the Deposit Account Bank is a party.

  • It has been agreed that the Accounts will operate, with the exception of the Issuer Profit Account under the sole instructions of any two representatives of the Issuer Cash Manager unless and until the Issuer Security Trustee delivers an Acceleration Notice to the Issuer and the Issuer Account Bank in accordance with Clause 5.2.2 of the Issuer Account Bank Agreement.

  • The Cash Administrator undertakes that it will on the Issue Date open and thereafter maintain in the books of the Issuer certain ledgers, to be known as the Revenue Ledger, the Principal Ledger, the Liquidity Reserve Fund Ledger and the Issuer Profit Ledger which shall together reflect all amounts from time to time held by the Issuer, being the aggregate of all amounts which are for the time being either: standing to the credit of the Bank Accounts; or invested in Authorised Investments.

  • On the Closing Date, the Cash Manager will establish the Issuer Profit Ledger which shall record as a credit the Issuer Profit Amounts paid into the Issuer Transaction Account for the account of the Issuer in accordance with the Pre-Acceleration Priority of Payments.

  • The Issuer shall ensure that for each type of Note issued (whether denominated in Sterling, a fixed rate bond, a floating rate bond or an indexed bond) it shall advance a corresponding loan under an Issuer/NWEN Loan Agreement to NWEN with the equivalent economic effect (less the Issuer Profit Amount).

  • For the avoidance of doubt, the Issuer Profit Ledger and the Class A Interest Shortfall Ledger will not be required to be kept in physical form.


More Definitions of Issuer Profit

Issuer Profit means the payment of £250 on each Distribution Date, subject always to an aggregate maximum amount of £1,000 per annum, to the Issuer, as a profit amount and corporate benefit for entering into the transaction, to be credited to the Issuer Profit Ledger in accordance with the Pre-Enforcement Revenue Priority of Payments or the Post-Enforcement Priority of Payments, as applicable, and which shall not form part of the Issuer Assets.
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Issuer Profit means, on each Note Interest Payment Date, an amount equal to 0.01 per cent. per annum of the Available Issuer Income received by the Issuer during the period commencing on the second immediately preceding Calculation Date (inclusive) and ending on the immediately preceding Calculation Date (exclusive), to be paid on such date into the Issuer Capital Proceeds Account.
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Issuer Profit means the payment into the Issuer Profit Account on the Original Issue Date of (i) of
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Issuer Profit means retained profit of the Issuer in an amount of £7,000 on each Interest Payment Date up to and including the Interest Payment Date falling in September 2019 and £1,500 on each Interest Payment Date falling thereafter for retention by the Issuer and to be recognised in the accounts of the Issuer as profit for the relevant accounting year and the payment of a distribution (if any) to Parent;
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Issuer Profit means an annual profit amount of €1,000 to be retained by the Issuer;
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Related to Issuer Profit

  • Investment Capital Expenditures means capital expenditures other than Maintenance Capital Expenditures and Expansion Capital Expenditures.

  • Unfinanced Capital Expenditures means, for any period, Capital Expenditures made during such period which are not financed from the proceeds of any Indebtedness (other than the Revolving Loans; it being understood and agreed that, to the extent any Capital Expenditures are financed with Revolving Loans, such Capital Expenditures shall be deemed Unfinanced Capital Expenditures).

  • Permitted Receivables Net Investment means the aggregate cash amount paid by the purchasers under any Permitted Receivables Financing in the form of a factoring program in connection with their purchase of accounts receivable and customary related assets or interests therein, as the same may be reduced from time to time by collections with respect to such accounts receivable and related assets or otherwise in accordance with the terms of such Permitted Receivables Financing (but excluding any such collections used to make payments of commissions, discounts, yield and other fees and charges incurred in connection with any Permitted Receivables Financing in the form of a factoring program which are payable to any Person other than the Borrower or a Restricted Subsidiary).

  • Permitted Joint Venture Investment means, with respect to any specified Person, Investments in any other Person engaged in a Permitted Business of which at least 40% of the outstanding Capital Stock of such other Person is at the time owned directly or indirectly by the specified Person.

  • Maintenance Capital Expenditures means cash expenditures (including expenditures for the addition or improvement to the capital assets owned by any Group Member or for the acquisition of existing, or the construction of new, capital assets) if such expenditures are made to maintain, including over the long term, the operating capacity or revenues of the Partnership Group.