Issuing Vehicle definition

Issuing Vehicle means any Subsidiary or any special purpose vehicle or protected cell company which issues securities which are entitled to the benefit of a guarantee or support agreement (which shall, for the avoidance of doubt, not be a dividend guarantee or guarantee of a minimum interest payment pursuant to sec 24 para 2 No 5 lit f of the Austrian Banking Act) from the Issuer ranking pari passu as to payment of dividends, interest or other distributions with the Issuer’s obligations under the Tier 1 Notes.
Issuing Vehicle means the Issuer or any other Subsidiary or any special purpose vehicle or protected cell company which issues securities which are entitled to the benefit of a guarantee or support agreement from Erste Bank ranking pari passu as to payment of dividends, interest or other distributions with Erste Bank’s obligations under the Support Agreement;
Issuing Vehicle has the meaning assigned to such term in Section 5.2(a)(4).

Examples of Issuing Vehicle in a sentence

  • Notwithstanding any other rights the Group may have in the definitive Preferred Equity Issuing Vehicle governance documents, to the extent O’Connor does not agree to extend the Lockout Dates in each Joint Venture, WPG agrees that the Preferred Equity Interest Holders may cause WPG to exercise any veto rights, buyout rights, etc.

  • For multi-compartments SVs, this threshold is determined at the level of the SV on a consolidated basis and not at the level of each compartment.In case of cross-border structure, where the Acquisition Vehicle is located in Luxembourg and the Issuing Vehicle abroad, the CSSF considers that the Acquisition Vehicle shall not be subject to the authorisation requirement, even though the foreign Issuing Vehicle issues securities to the public on a continuous basis from a Luxembourg law perspective44.

  • In the third party submission to the planning authority concerns were also raised in relation to house no.

  • WPG SPE: A newly formed bankruptcy remote single purpose entity, directly or indirectly owned and controlled by Parent that shall directly own, upon the consummation of the Investment, 100% of the common equity interests in the Preferred Equity Issuing Vehicle and shall be the managing member of the Preferred Equity Issuing Vehicle.

  • NTD: Whether Preferred Equity Issuing Vehicle should hold all Joint Venture interests directly or through disregarded SPEs deserves discussion.

  • These Units shall be issued directly and administrated by [Enter Issuing Vehicle or Foundation Name], registered with the Dutch Chamber of Commerce under reg.

  • Such swaps are usually referred to as Figure 3—Credit-Default Note MarketPrincipal Issuing Vehicle BankX bps Contingent Default Payment Principal Default- Protected Asset(s) Treasuries, Agencies, AAACorporate Paper LIBOR + InvestorY bpsbinary swaps; they either pay the prespecified amount or nothing, depending on whether default occurs.

Related to Issuing Vehicle

  • Junk vehicle means a vehicle of any age that is damaged or defective in any one or combination of any of the following ways that either makes the vehicle immediately inoperable, or would prohibit the vehicle from being operated in a reasonably safe manner upon the public streets and highways under its own power if self-propelled, or while being towed or pushed, if not self-propelled:

  • Custom vehicle means a motor vehicle other than a motorcycle that:

  • Unladen vehicle means a vehicle without a driver, or passenger, and unladen, but with its fuel tank full and its normal complement of tools;

  • Laden vehicle means, except where otherwise stated, a vehicle so laden as to attain its "maximum mass".

  • Trust Account Property means the Trust Accounts, all amounts and investments held from time to time in any Trust Account (whether in the form of deposit accounts, Physical Property, book-entry securities, uncertificated securities or otherwise), and all proceeds of the foregoing.

  • Light vehicle means a motor vehicle commonly referred to as an automobile, van, sport utility

  • Transit vehicle means a bus, rapid transit vehicle, railroad car, street railway car, water vehicle, taxicab, or other type of public transportation vehicle or individual unit, whether operated singly or in a group that provides public transportation.

  • Fleet Vehicle means a motor vehicle owned or leased by a person engaged in a commercial activity, utility service, or government service; or a motor vehicle offered for sale, rent, or lease at a business which is licensed to sell, rent, or lease motor vehicles.

  • Tank vehicle means a commercial motor vehicle that is designed to transport any liquid or gaseous materials within a tank or tanks having an individual rated capacity of more than one hundred nineteen gallons and an aggregate rated capacity of one thousand gallons or more that is either permanently or temporarily attached to the vehicle or chassis. A commercial motor vehicle transporting an empty storage container tank not designed for transportation with a rated capacity of one thousand gallons or more that is temporarily attached to a flatbed trailer is not considered a tank vehicle.

  • School vehicle means any school bus, school van, other school vehicle and private vehicle used to transport students or staff members to and from school or any school-sponsored activity or event.

  • Subject Vehicle means the vehicle being tested.

  • Hybrid vehicle (HV) means a vehicle equipped with a powertrain containing at least two different categories of propulsion energy converters and at least two different categories of propulsion energy storage systems.

  • goods vehicle means a motor vehicle constructed or adapted for use for the carriage of goods or burden of any description or a trailer so constructed or adapted;

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • Bi-fuel vehicle means a vehicle with two separate fuel storage systems that is designed to run primarily on only one fuel at a time; however, the simultaneous use of both fuels is permitted in limited amount and duration.

  • Commercial vehicle means a motor vehicle, trailer, or semitrailer used or

  • Not off-vehicle charging hybrid electric vehicle (NOVC-HEV) means a hybrid electric vehicle that cannot be charged from an external source.

  • Investment Vehicle means a corporation, partnership, limited partnership, limited liability company, association, or other entity, either domestic or foreign, managed by an external manager in which a board is the majority investor and that is organized in order to invest with, or retain the investment management services of, other external managers.

  • Medium-duty vehicle or “MDV” means any pre-1995 model year heavy-duty vehicle having a manufacturer's gross vehicle weight rating of 8,500 pounds or less; any 1992 through 2006 model-year heavy-duty low-emission, ultra-low-emission, super-ultra-low-emission or zero-emission vehicle certified to the standards in Section E.1.1.1, or in title 13, CCR, section 1962, having a manufacturer's gross vehicle weight rating of 14,000 pounds or less; any 1995 through 2002 model year heavy-duty vehicle certified to the Tier 1 standards in Section E.1.1.1 having a manufacturer's gross vehicle weight rating of 14,000 pounds or less; and any 2000 and subsequent model heavy-duty low-emission, ultra-low-emission, super-ultra-low-emission or zero-emission vehicle certified to the standards in Section E.1.1.2, or in title 13, CCR, section 1962, having a manufacturer's gross vehicle weight rating between 8,501 and 14,000 pounds.

  • Exotic Vehicle means antique cars that are over 20 years old or have not been manufactured for 10 or more years or any vehicle with an original manufacturer’s suggested retail price greater than $50,000.

  • Trust Accounts has the meaning assigned thereto in Section 5.1.

  • Flex fuel vehicle means a vehicle with one fuel storage system that can run on different mixtures of two or more fuels.

  • Matured Vehicle as of any date means any Leased Vehicle the related Lease of which has reached its Maturity Date or has been terminated in connection with a Lessee Initiated Early Termination (and the Lessee is not in default under such Lease) or in connection with a Casualty Termination, which Leased Vehicle has been returned to the Servicer on behalf of the Titling Trust, if applicable.

  • Replica vehicle means every vehicle of a type required to be registered under this title not fully

  • Hybrid electric vehicle (HEV) means a hybrid vehicle where one of the propulsion energy converters is an electric machine.