Issuer Share Capital Account definition

Issuer Share Capital Account means the account in the name of the Issuer in which, inter alia, the issued and paid-up share capital of the Issuer has been deposited.
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Issuer Share Capital Account means the bank account of the Issuer in Ireland into which may be deposited the proceeds of the paid-up share capital of the Issuer and the Issuer Profit Margin.
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Issuer Share Capital Account means the bank account in the name of the Issuer held with The Bank of New York Mellon, London Branch (or such other bank as the Issuer may determine) which holds the share capital of the Issuer and the Issuer Profit Amount;Certain other Secured Amounts rank senior to the Issuer's obligations under the Notes and the Class V Notes in respect of the allocation of proceeds as set out in the Pre-Enforcement Revenue Priority of Payments and the Post-Enforcement Priority of Payments.The interest rates applicable to each class of Notes (or, in the case of the Class F Notes, the Class F Payment) are described in the sections "Overview of Credit Structure and Cashflows" and "Terms and Conditions of the Notes". No interest is payable on the Class Z Notes.Interest Deferral: Interest due and payable on the Notes (other than the Class A Notes, theClass F Notes) may be deferred in accordance with Condition 8.11 (Interest Deferral).Payments in respect of the Class F Payment are not deferrable as in circumstances where the Issuer has insufficient proceeds available to meet its obligations ranking senior to the Class F Note, the amount due under the Class F Note shall be zero. The Class Z Notes do not earn interest.Gross-up: None of the Issuer, the Trustee or any other person will be obliged to payany additional amounts to the Noteholders if there is any withholding or deduction for or on account of taxes from a payment made under the Notes.Redemption: The Notes are subject to the following optional or mandatory redemptionevents:
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Examples of Issuer Share Capital Account in a sentence

  • Each of the Issuer Accounts (other than the Issuer Share Capital Account) will be subject to a first priority fixed security interest, created in favour of the Note Trustee pursuant to the Issuer Deed of Charge.

  • The Issuer Account Bank acknowledges that each of the Issuer Transaction Account Mandates and the Issuer Share Capital Account Mandate and any other mandates delivered from time to time pursuant hereto shall be subject to the terms of the Issuer Deed of Charge and this Agreement.

  • 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.

  • The Issuer Transaction Account, the Issuer Share Capital Account and the Stand-by Account are referred to herein as the "Issuer Accounts".

  • In the event of any shortfall in such proceeds, the Issuer will not be obliged to pay, and the other assets (if any), including without limitation, the Issuer Share Capital Account, of the Issuer will not be available for payment of, any such shortfall, all claims in respect of which shall be extinguished and shall not thereafter revive.

  • Security for the Notes The Notes and the other obligations of the Issuer to the Issuer SecuredCreditors will be secured by first ranking security over, inter alia, all of the Issuer's right, title and interest in its assets other than amounts standing to the credit of the Issuer Share Capital Account (as defined below) pursuant to the Issuer Deed of Charge.

  • Under the Issuer Deed of Charge, the Issuer will grant first ranking security interests over all its assets and undertaking (other than amounts standing to the credit of the Issuer Share Capital Account) in favour of the Issuer Security Trustee as security for its obligations under the Notes and its obligations to the Issuer Secured Creditors under any other Transaction Document to which it is party (excluding the Issuer Deed of Charge).

  • Pursuant to the Issuer Cash Management Agreement, the Issuer Cash Manager will agree to manage the Issuer Bank Accounts (other than the Issuer Share Capital Account), make certain calculations relating to payments and reports, arrange for payments to be made on behalf of the Issuer and provide cash administration services.

  • Issuer Share Capital Account "Issuer Share Capital Account" means the accountestablished by the Issuer for the purpose of holding the proceeds of the issued share capital of the Issuer and the Issuer Profit Amount and any interest earned thereon.

  • Excepted Property means (a) the bank account(s) of the Issuer in the United Kingdom in which the Issuer holds, inter alia, the subscription proceeds of its issued share capital and any profit retained by it pursuant to Condition 3(c) (Priorities of Payment) (the Issuer Share Capital Account) and (b) all monies standing to the credit of such account(s) from time to time.


More Definitions of Issuer Share Capital Account

Issuer Share Capital Account means a specified bank account in the name of the Issuer at Bank of Ireland;
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Related to Issuer Share Capital Account

  • Class B Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class B Ordinary Share and having the rights provided for in these Articles;

  • Class B Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Relevant Share Capital means the relevant share capital of the Company (as that expression is defined in Section 67(2) of the 1990 Act);

  • Class A Ordinary Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class A Ordinary Share means an Ordinary Share of a par value of US$0.0001 in the capital of the Company, designated as a Class A Ordinary Shares and having the rights provided for in these Articles;

  • Ordinary Share Capital means any issued and outstanding shares of the Company with voting or other rights of management and control and any outstanding securities of the Company that are convertible into such shares at the option of the holder;

  • Class A Percentage Interest means, with respect to a Class A Member as of a given date, that percentage obtained by dividing the total number of Class A Units owned by such Member by the total number of Class A Units issued and outstanding.

  • Class A LP Units means the Class A limited partnership units of the Partnership.

  • Class A Common Unit means a Common Unit having the rights and obligations specified with respect to Class A Common Units in this Agreement.

  • Paid-up share capital means the paid-up share capital as defined in Section 2 of the Companies Act, 2013.

  • Class B LP Units means, collectively, the Class B limited partnership units of the Partnership, and “Class B LP Unit” means any one of them.

  • Class A Preferred Shares shall have the meaning ascribed to it in Section 2.4(a).

  • Class B Unit means a Partnership Unit which is designated as a Class B Unit of the Partnership.

  • Class B Common Unit means one of that certain class of Common Units with those special rights and obligations specified in this Agreement as being appurtenant to a “Class B Common Unit”.

  • Share Capital means: (i) any shares, interests, participations or other equivalents (however designated) of share capital of a company; (ii) any ownership interests in a Person other than a company, including membership interests, partnership interests, joint venture interests and beneficial interests; and (iii) any warrants, options, convertible or exchangeable securities, subscriptions, rights (including any pre-emptive or similar rights), calls or other rights to purchase or acquire any of the foregoing.

  • Class A Common Shares means the Class A common shares of the Company, par value US$0.00001 per share, at the date of this Indenture, subject to Section 14.07.

  • Voting Share Capital means the total voting equity share capital of the Target Company on a fully diluted basis expected as of the 10th (Tenth) Working Day from the closure of the Tendering Period for the Offer.

  • equity share capital means the total issued and paid-up equity share capital of the Company, calculated on a Fully Diluted Basis.

  • Class A Common Units means the Company's Class A Common Units.

  • Class A Preferred Stock means the Class A Preferred Stock of the Company, par value $0.0001 per share.

  • Class B Common Shares means shares of Class B Common Stock.

  • Class A Unit means any Partnership Unit that is not specifically designated by the General Partner as being of another specified class of Partnership Units.

  • Lower Tier Principal Distribution Amount With respect to any calendar month, the sum of (i) the Cash Flow Distribution Amount and (ii) the Lower Tier Accrual Amount, if any.

  • Class C Ordinary Share shall have the meaning ascribed to it in Section 2.4(a).