Issuer Profit Amount definition

Issuer Profit Amount means the payment on each anniversary of the Initial Funding Date of €1,000 per annum to the Issuer as a fee for entering into the Transaction Documents to which it is a party.

Issuer Profit Amount means, in respect of each Series, the annual profit amount payable to the Issuer in the amount of US$500.00 in respect of the issuance of the ETC Securities.

Issuer Profit Amount means the amount of GBP 1,000 per annum, credited in equal portions on each Note Payment Date to the Issuer Domestic Account and to be distributed to the shareholders of the Issuer as the directors of the Issuer see fit (subject to the payment by the Issuer therefrom of any tax due from the Issuer in respect of its profits) as profit in respect of the business of the Issuer;

Examples of Issuer Profit Amount in a sentence

• There is no general intention to accumulate surpluses in the Issuer other than the Issuer Profit Amount (being €1,000 per annum).

• The amounts standing to the credit of the Issuer Accounts (including amounts standing to the credit of the Liquidity Reserve Fund Ledger, but excluding the Issuer Profit Amount and the amounts standing to the credit of the Swap Collateral Ledger) may be invested by the Issuer from time to time in Authorised Investments.

• 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).

• In support of her Response to IU's summary judgment motion, Ms. Warren submitted an affidavit.

• Given the Issuer Profit Amount (€250 on each Interest Payment Date) any allocation of jurisdictional Top up Tax to the Issuer is likely to be nominal.

More Definitions of Issuer Profit Amount

Issuer Profit Amount means the profit amount of US$500 per annum payable by the Portfolio Adviser to the Issuer in connection with the Certificates, accruing quarterly and payable annually on the last Business Day of June in each year commencing on the last Business Day of June 2011;

Issuer Profit Amount means, for the first accounting reference period of the Issuer, determined in accordance with Chapter 3, Part 15 Companies Xxx 0000, an aggregate of £1,000, paid in equal instalments on each Interest Payment Date falling within that accounting reference period, and £250 on each Interest Payment Date falling thereafter, which shall be credited to the Issuer Profit Ledger for the Issuer to retain as a profit for entering into the transaction;

Issuer Profit Amount means the profit amount of £20,000 per annum or £5,000 per quarter if paid in quarterly instalments to be retained in each accounting period pursuant to regulation 4(3) of the Taxation of Securitisation Company Regulations 2006 (SI 2006/3296).

Issuer Profit Amount means, with respect to any Distribution Date, an amount, rounded up to the nearest xxxxx, equal to the product of: (a) a fraction, the numerator of which is the number of days in the relevant Calculation Period, and the denominator of which is 365, and (b) the aggregate Principal Amount Outstanding of the Notes, multiplied by (c) 0.01 per cent., per annum for the first £250,000,000 equivalent of the aggregate Principal Amount Outstanding of the Notes and 0.001 per cent., per annum for the remaining Principal Amount Outstanding. ‘‘Loan Note Issuer’’ shall mean Turquoise Funding 1 Limited, a company incorporated in Jersey and having its registered office at 00 Xxx Xxxxxx, Xx. Xxxxxx, Xxxxxx, XX0 0XX Channel Islands;

Issuer Profit Amount means the profit to be retained by the Issuer for Singapore tax purposes.

Issuer Profit Amount means the payment on each Payment Date of €250 to the Issuer as a fee for entering into the transaction.

Issuer Profit Amount means, with respect to any Transfer Date, on amount equal to a fraction, rounded up to the nearest whole number, (A) the numerator of which is (1) the number of days in the relevant Calculation Period, multiplied by (2) [POUND]1000; and (B) the denominator of which is 365;