Issuer Share definition

Issuer Share means the portion of the principal of, premium if any, and interest on Bonds issued pursuant hereto which is intended to be paid by the Districts or the Developer from sources other than the Pledged Revenue, which portion shall be 25% of the principal of, premium if any, and interest on such Bonds.

Issuer Share means an amount equal to the amount of the proceeds of the relevant Security Interests multiplied by the quotient of the Outstanding Principal Amount of the Defaulted Receivable on the day the relevant Receivable becomes a Defaulted Receivable divided by the sum of (i) the Outstanding Principal Amount of such Defaulted Receivable and (ii) the amount of Other Claims and(iii) any other Receivables of the same Borrower, in each case on the day the relevant Receivable becomes a Defaulted Receivable.

Issuer Share means a share in the share capital of the Issuer, each with a nominal value of €0.01.

Examples of Issuer Share in a sentence

• The Issuer shall pay the proceeds of the issue of the Notes to the Mortgages Trustee in satisfaction of the Issuer’s Initial Contribution to the Mortgages Trustee for the Issuer Share of the Trust Property pursuant to the terms of the Mortgages Trust Deed.

• The Issuer shall pay the proceeds of the issue of the Notes to the Mortgages Trustee in satisfaction of the Issuer’s Initial Contribution to the Mortgages Trustee for the Issuer Share of the Trust Property.

• The Trust Property Cash Manager will cause each determination of Principal Receipts, Revenue Receipts, Losses, Mortgages Trustee Available Revenue Receipts, Mortgages Trustee Available Principal Receipts, the Issuer Share, the Seller Share, the Issuer Share Percentage, the Seller Share Percentage, the Issuer Revenue Share, the Seller Revenue Share and the Minimum Seller Share, to be notified forthwith to the Mortgages Trustee, the Beneficiaries and the Security Trustee.

• The Trust Property Cash Manager shall ensure that the Issuer Share and the Issuer Share Percentage of the Trust Property, the Seller Share and the Seller Share Percentage of the Trust Property and the Basis Rate Swap Shortfall Amount are recorded in the Issuer Share/Seller Share Ledger on the Closing Date and thereafter on each Trust Calculation Date.

• On such exercise in accordance with the terms of such options, the Resulting Issuer shall cause to be issued and delivered to the holders of such options, the Resulting Issuer Shares deliverable to such holders on the basis of one Resulting Issuer Share for each Resulting Issuer Stock Option that is exercised.

• The Proposed Transaction will have a deemed price of $0.50 per Resulting Issuer Share.

• If a Loss is sustained on a Mortgage Loan during a Trust Calculation Period then the Issuer Share shall be reduced on the Trust Calculation Date immediately succeeding such Trust Calculation Period by an amount equal to the amount of such Loss multiplied by the Current Issuer Share Percentage in relation to the Trust Calculation Period in which the Loss occurred.

• Notwithstanding the provisions of Clauses 2.1 and 4.1, amounts shall only be withdrawn from an Issuer Transaction Account and/or the Issuer Share Capital Account to the extent that such withdrawal does not cause the relevant Issuer Account to become overdrawn.

• Each Broker Warrant entitles the holder thereof to acquire one Resulting Issuer Share (as defined herein)(a “Broker Warrant Share”) at a price of $0.40, subject to adjustment as provided in the Broker Warrant certificate, for a period of 24 months commencing upon satisfaction of the Escrow Release Conditions.

• Any fractional interest in a Resulting Issuer Share will be rounded down to the next lowest number of whole Resulting Issuer Shares and no consideration will be paid in respect of such fractional Resulting Issuer Share.

More Definitions of Issuer Share

Issuer Share means an ordinary fully paid share in the capital of the Issuer;

Issuer Share means at any date of calculation (i) in respect of a Collateral Loan in respect of which no Deferred Purchase Price is payable by the Issuer, 100%;(ii) in respect of a Collateral Loan in respect of which Deferred Purchase Price is payable by the Issuer, a percentage which is a fraction, the numerator of which is the Funded Aggregate Principal Balance of such Collateral Loan and the denominator of which is the Aggregate Principal Balance of such Collateral Loan in each case as calculated by the Cash Administrator, provided that the Issuer Share shall not exceed 100%. For the avoidance of doubt, the term "Issuer Share" should not be construed as creating or purporting to create any proprietary interest of the Offeror or any Noteholder in the Collateral Loans (or the Related Security, if any);

Issuer Share means (i) in respect of a Collateral Loan which is not a Delayed Draw Obligation, 100%; and (ii) in respect of a Collateral Loan which is a Delayed Draw Obligation, a percentage which is a fraction, the numerator of which is the Aggregate Principal Balance of such Collateral Loan as at the Issue Date and the denominator of which is the Aggregate Principal Balance of such Collateral Loan as at the Issue Date plus any Further Advances made by the Seller in relation to such Collateral Loan, in each case as calculated by the Cash Administrator, provided that the Issuer Share shall not exceed 100%. For the avoidance of doubt, the term "Issuer Share" should not be construed as creating or purporting to create any proprietary interest of the Seller or any Noteholder in the Collateral Loans (or the Related Security, if any);

Issuer Share means any share in the issued capital of the Issuer that is listed on the Hong Kong Stock Exchange.