Mudaraba End Date definition

Mudaraba End Date means the date on which the Mudaraba ends, being the date on which the Certificates are redeemed in whole but not in part in accordance with these Conditions;
Sample 1Sample 2Sample 3
Mudaraba End Date means, in relation to a Restricted Mudaraba Contract, the Dissolution Date of the Series to which such Restricted Mudaraba Contract relates, as specified in the Mudaraba Investment Plan for that Series;
Sample 1Sample 2Sample 3
Mudaraba End Date means, in relation to a Restricted Mudaraba Contract, the Dissolution Date of the Series to which such Restricted Mudaraba Contract relates;
Sample 1Sample 2Sample 3

Examples of Mudaraba End Date in a sentence

  • In the absence of notice of such Non-Payment Election or Non-Payment Event, as the case may be, having been given in accordance with this Condition 8.3, the fact of non-payment of the relevant Periodic Distribution Amount on the relevant Mudaraba Profit Distribution Date or Mudaraba End Date, as the case may be, shall be evidence of the occurrence of a Non-Payment Election or a Non-Payment Event, as the case may be.

  • In the absence of notice of such Non-Payment Election or Non-Payment Event, as the case may be, having been given in accordance with this Condition 8.3 (Effect of Non-Payment Event or Non-Payment Election), the fact of non-payment of the Relevant Rab-al-Maal Mudaraba Profit Amount (or any part thereof) on the relevant Mudaraba Profit Distribution Date or Mudaraba End Date (as the case may be) shall be evidence of the occurrence of a Non-Payment Election or a Non-Payment Event, as the case may be.

  • In addition, if a Non-Payment Event (detailed below) occurs, DIB (in its capacity as Mudareb) shall be prohibited from paying Rab-al-Maal Mudaraba Profit or Rab-al-Maal Final Mudaraba Profit on any Mudaraba Profit Distribution Date or Mudaraba End Date (as the case may be) pursuant to the Mudaraba Agreement, and as a result thereof the Trustee shall be prohibited from paying Periodic Distribution Amounts to the Certificateholders on the corresponding Periodic Distribution Date.

  • In the absence of notice of such Non-Payment Election or Non-Payment Event, as the case may be, having been given in accordance with this Condition 8.3 (Effect of Non-Payment Event or Non- Payment Election), the fact of non-payment of the Relevant Rab-al-Maal Mudaraba Profit Amount (or any part thereof) on the relevant Mudaraba Profit Distribution Date or Mudaraba End Date (as the case may be) shall be evidence of the occurrence of a Non-Payment Election or a Non-Payment Event, as the case may be.

  • DIB is, on that Mudaraba Profit Distribution Date or Mudaraba End Date (as the case may be) or in the case of Condition 8.1(iii)(b) on the relevant Periodic Distribution Date, not Solvent or would no longer be Solvent if the relevant Rab-al-Maal Mudaraba Profit or Rab-al-Maal Final Mudaraba Profit (as applicable) was paid.

  • Periodic Distribution Payments Unless a Deferral Election has occurred, on each Mudaraba Profit Distribution Date (other than the Mudaraba End Date) and on the basis of a liquidation of the Mudaraba by the Mudareb, the Mudareb shall distribute the Mudaraba Profit (if any) (as defined in the Mudaraba Agreement) for the relevant Mudaraba Profit Distribution Period (as defined in the Mudaraba Agreement) between the Trustee and the Mudareb in accordance with an agreed profit sharing ratio (95 per cent.

  • In the absence of notice of such Non-Payment Election or Non-Payment Event, as the case may be, having been given in accordance with this Condition 8.3, the fact of non-payment of the Relevant Rab-al-Maal Mudaraba Profit Amount (or any part thereof) on the relevant Mudaraba Profit Distribution Date or Mudaraba End Date (as the case may be) shall be evidence of the occurrence of a Non- Payment Election or a Non-Payment Event, as the case may be.

  • The foregoing shall not apply in respect of Rab-al-Maal Final Mudaraba Profit payable on any Mudaraba End Date.

  • The Mudareb shall liquidate the Mudaraba on the Mudaraba End Date (by way of a final constructive liquidation or mandatory liquidation, as the case may be, pursuant to the relevant provisions of Clause 7 (Liquidation of the Mudaraba)) and, in doing so, shall, subject to Clause 7 (Liquidation of the Mudaraba), return to the Rab-al- Maal all amounts due and payable to the Rab-al-Maal in accordance with this Agreement.

  • If Mudarib do not pay Rab-al-Maal Mudaraba Profit on the Mudaraba Profit Distribution Date as result of either (i) Non-Payment Event or (ii) save in the case of Rab-al-Maal Mudaraba Profit payable on the Mudaraba End Date, Rab-al-Maal have no right to claim for payment of any such Rab-al-Maal Mudaraba Profit.


More Definitions of Mudaraba End Date

Mudaraba End Date has the meaning given to it in Clause 2.1(b) (Term of the Mudaraba);
Sample 1
Mudaraba End Date means: (i) the date on which the Certificates are redeemed in whole but not in part in accordance with these Conditions, following the liquidation of the Mudaraba in accordance with the terms of the Mudaraba Agreement; or (ii) (if earlier), in the case of a Non- Viability Event Write-down in whole only, the Non-Viability Event Write-down Date;
Sample 1Sample 2

Related to Mudaraba End Date

  • Term End Date means [Insert date];

  • CONTRACT END DATE Contract performance shall terminate as of December 31, 2027, with no new obligations being incurred after this date unless the Contract is properly amended, provided that the terms of this Contract and performance expectations and obligations shall survive its termination for the purpose of resolving any claim or dispute, for completing any negotiated terms and warranties, to allow any close out or transition performance, reporting, invoicing or final payments, or during any lapse between amendments. CERTIFICATIONS: Notwithstanding verbal or other representations by the parties, the “Effective Date” of this Contract or Amendment shall be the latest date that this Contract or Amendment has been executed by an authorized signatory of the Contractor, the Department, or a later Contract or Amendment Start Date specified above, subject to any required approvals. The Contractor certifies that they have accessed and reviewed all documents incorporated by reference as electronically published and the Contractor makes all certifications required under the Standard Contract Form Instructions and Contractor Certifications under the pains and penalties of perjury, and further agrees to provide any required documentation upon request to support compliance, and agrees that all terms governing performance of this Contract and doing business in Massachusetts are attached or incorporated by reference herein according to the following hierarchy of document precedence, the applicable Commonwealth Terms and Conditions, this Standard Contract Form, the Standard Contract Form Instructions and Contractor Certifications, the Request for Response (RFR) or other solicitation, the Contractor’s Response (excluding any language stricken by a Department as unacceptable, and additional negotiated terms, provided that additional negotiated terms will take precedence over the relevant terms in the RFR and the Contractor’s Response only if made using the process outlined in 801 CMR 21.07, incorporated herein, provided that any amended RFR or Response terms result in best value, lower costs, or a more cost effective Contract.

  • Escrow End Date has the meaning specified in the Escrow Agreement.

  • Investment End Date : means 11 November 2022, or if such day is not a Scheduled Trading Day, the following day which is a Scheduled Trading Day.

  • End Date has the meaning set forth in Section 7.02(a).

  • continental shelf worker means a person who is employed, whether under a contract of service or not, in a designated area or a prescribed area in connection with any of the activities mentioned in section 11(2) of the Petroleum Act 1998;

  • Services Commencement Date means the date delivery of the Services shall commence as specified in the Key Provisions. If no date is specified in the Key Provisions this date shall be the Commencement Date;

  • Contract Effective Date means the date agreed upon by the parties for beginning the period of performance under the contract. In no case shall the effective date precede the date on which the contracting officer or designated higher approval authority signs the document.

  • Delayed Closing Date means the date, set in accordance with section 3, on which the Vendor agrees to Close, in the event the Vendor cannot Close on the Firm Closing Date.

  • Term SOFR Replacement Date has the meaning specified in Section 3.03(b).

  • Dividend Date means a date specified in the Issue Resolution on which a dividend in respect of that preference share is payable.

  • Services Start Date means the date as set out in the Specification (Schedule 1);

  • Ambulatory surgical center means any public or private State licensed and approved (whenever required by law) establishment with an organized medical staff of Physicians, with permanent facilities that are equipped and operated primarily for the purpose of performing Surgical Procedures, with continuous Physician services and registered professional nursing service whenever a patient is in the facility, and which does not provide service or other accommodations for patients to stay overnight.

  • Issuer Call Commencement Date means the first Business Day following the three year period from and including the Issue Date;

  • Transfer Date means, in relation to a transfer, the later of: