Note Issue Direction definition

Note Issue Direction means the direction given by the Manager to the Trustee substantially in the form of Schedule 1 or in such other form as may from time to time be agreed between the Trustee and the Manager in respect of a proposed issue of Notes in accordance with clause 6.
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Note Issue Direction means a direction by the Trust Manager to the Trustee substantially in the form of schedule 3 or in such other form as may from time to time be agreed between the Trustee and the Trust Manager.
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Examples of Note Issue Direction in a sentence

  • Each expression used in this Note Issue Direction that is not defined has the same meaning as in the Trust Deed.

  • The Trustee shall be entitled to pay from each Trust from which any person is a Lead Manager or Note Manager fees (if any) to that person in the amount and at the times set out in the corresponding Note Issue Direction or Subscription Agreement.

  • The Manager may (and where the Trustee has acknowledged the Note Issue Direction in accordance with clause 6.6(b), with the consent of the Trustee), prior to a proposed Note Issue Date amend a previously issued Note Issue Direction or Supplementary Terms Notice (including any Note Issue Direction or Supplementary Terms Notice previously amended under this clause).

  • If insufficient moneys are raised on a proposed Note Issue Date to satisfy clause 6.7(b), neither the Trustee nor the Manager shall have any obligation or liability to any person (including each other, any intending Noteholder or any Beneficiary) to issue the Notes or, in the case of a proposed issue in relation to a Trust, to hold the benefit of the Portfolio of Receivables referred to in the corresponding Note Issue Direction for the Trust, or otherwise.

  • Dated: For and on behalf of Crusade Management Limited ------------------------------------------------- Authorised signatory RECEIPT We acknowledge receipt of the above Note Issue Direction.

  • Subject to the Transaction Documents, the Trustee shall following a Note Issue Date for a Trust execute such documentation and do all such other acts, matters or things as the Manager reasonably requires to transfer the benefit of the Portfolio of Receivables referred to in the corresponding Note Issue Direction (and the benefit of all corresponding Loans, Related Securities, Receivable Rights and Support Facilities) to the Trust.

  • The terms of the Supplementary Terms Notice for the proposed Notes [each Class of the proposed Notes] are contained [in the attached duly completed Supplementary Terms Notice/in the Supplementary Terms Notice attached to the Note Issue Direction dated [*]].

  • Subject to this clause 6, the Trustee must comply with a Note Issue Direction.

  • The Trust Manager must not give a Note Issue Direction under clause 5.1 unless it has received written confirmation from the Designated Rating Agency that the issue of the RFSs would not result in a downgrading or withdrawal of a rating of any Note then outstanding.

  • For the purposes of clause 6(a) of the Master Trust Deed, insert the words "or the Trust Manager" after "Note Issue Direction".

Related to Note Issue Direction

  • Lead Securitization Directing Certificateholder means the “Directing Certificateholder” as defined in the Lead Securitization Servicing Agreement.

  • Directing Certificateholder means the “Controlling Class Certificateholder” or other analogous term as defined in the Lead Securitization Servicing Agreement.

  • Tax credit certificate means a certificate issued by the office that:

  • Lead Securitization means, if the First Securitization is the Note A-1 Securitization, such Securitization; provided that, if any other Securitization occurs prior to the Note A-1 Securitization, then the First Securitization shall be the Lead Securitization until such time as the Note A-1 Securitization occurs.

  • Lead Securitization Trust means the Securitization Trust created in connection with the Lead Securitization.

  • Non-Lead Securitization means any Securitization of a Note in a Securitization Trust other than the Lead Securitization.

  • Lead Depositor means the Depositor under the Lead Securitization Servicing Agreement.

  • Bond Trustee Fee Agreement means the agreement entered into between the Issuer and the Bond Trustee relating among other things to the fees to be paid by the Issuer to the Bond Trustee for its obligations relating to the Bonds.

  • Non-Lead Securitization Trust means the Securitization Trust into which any Non-Lead Securitization Note is deposited.

  • Debenture Issuer means the Parent in its capacity as the issuer of the Debentures under the Indenture.

  • Indenture Trustee Fees means the compensation and expenses (including attorney’s fees and expenses and indemnification payments) payable to the Indenture Trustee for its services under this Master Indenture and the other Relative Documents to which it is a party (if any).

  • Lead Securitization PSA means the Note A-1 PSA.

  • private issuer means an issuer

  • Series Enhancement means the rights and benefits provided to the Trust or the Investor Certificateholders of any Series or Class pursuant to any letter of credit, surety bond, insurance policy, cash collateral guaranty, subordinated interest in the Trust Assets, cash collateral account, collateral interest, spread account, guaranteed rate agreement, maturity liquidity facility, tax protection agreement, interest rate swap agreement, interest rate cap agreement or other similar arrangement. The subordination of any Series or Class to another Series or Class shall be deemed to be a Series Enhancement.

  • Initial Noteholders shall have the meaning assigned to such term in the recitals.

  • Required Noteholders means Holders of Outstanding Notes evidencing more than 66 2/3% of the principal balance of the most senior Class of Notes Outstanding.

  • Indenture Trustee Fee means an annual fee equal to $5,000, payable on the Payment Date occurring in June of each year, commencing in 2017.

  • Senior Secured Notes Trustee means U.S. Bank Trust Company, National Association, as successor in interest to U.S. Bank National Association, as trustee under the Senior Secured Notes Indenture.

  • Unsecured Notes means the Borrower’s $700,000,000 10.75% Senior Notes due 2023 issued pursuant to the Unsecured Notes Indenture dated as of July 31, 2015.

  • State Repository means any public or private repository or entity as may be designated by the State as a state information depository for the purpose of the Rule. As of the date of this Disclosure Agreement, there is no State Repository.

  • Non-Lead Securitization Noteholder Representative shall have the meaning assigned to such term in the definition of “Non-Lead Securitization Noteholder”.

  • Lead Securitization Noteholder means the holder of the Lead Securitization Note.

  • Lead Securitization Date means the closing date of the Lead Securitization.

  • Series Enhancer means the Person or Persons providing any Series Enhancement, other than (except to the extent otherwise provided with respect to any Series in the Indenture Supplement for such Series) the Noteholders of any Series or Class which is subordinated to another Series or Class.

  • venture issuer means a reporting issuer that, as at the applicable time, did not have any of its securities listed or quoted on any of the Toronto Stock Exchange, a U.S. marketplace, or a marketplace outside of Canada and the United States of America other than the Alternative Investment Market of the London Stock Exchange or the PLUS markets operated by PLUS Markets Group plc; where the “applicable time” in respect of

  • Indenture Trustee Fee Rate means the per annum rate at which the Indenture Trustee Fee is calculated.