NOTICE OF CREATION OF TRUST definition

NOTICE OF CREATION OF TRUST means the Notice of Creation of Trust dated on or about the date of this agreement issued under the Master Trust Deed in relation to the Trust.
NOTICE OF CREATION OF TRUST means the Notice of Creation of Trust dated on or before the date of this agreement issued under the Master Trust Deed in relation to the Trust. ONE MONTH BANK XXXX RATE on any date means the rate calculated by taking the simple average of the rates quoted on the Reuters Screen BBSW Page at approximately 10.00am, Sydney time, on each of that date and the preceding two Business Days (each a CALCULATION DAY) for each Reference Bank so quoting (but not fewer than five) as being the mean buying and selling rate for a xxxx (which for the purpose of this definition means a xxxx of exchange of the type specified for the purpose of quoting on the Reuters Screen BBSW Page) having a tenor of 30 days eliminating the highest and lowest mean rates and taking the average of the remaining mean rates and then (if necessary) rounding the resultant figure upwards to four decimal places. If on any Calculation Day fewer than five Reference Banks have quoted rates on the Reuters Screen BBSW Page, the rate for that Calculation Day shall be calculated as above by taking the rates otherwise quoted by five of the Reference Banks on application by the parties for such a xxxx of the same tenor. If in respect of any Calculation Day the rate for that date cannot be determined in accordance with the foregoing procedures then the rate for that Calculation Day shall mean such rate as is agreed between the Manager and the Trustee having regard to comparable indices then available, PROVIDED THAT on the first Reset Date of any Redraw Advance and the two Business Days preceding that Reset Date the ONE MONTH BANK XXXX RATE shall be an interpolated rate calculated with reference to the tenor of the period from that Reset Date to (but not including) the next Reset Date.
NOTICE OF CREATION OF TRUST means the Notice of Creation of Trust dated 31 December 2003 issued under the Master Trust Deed in relation to the Trust.

Examples of NOTICE OF CREATION OF TRUST in a sentence

  • NOTICE OF CREATION OF TRUST means the Notice of Creation of Trust dated on or about the date of this deed issued under the Master Trust Deed in relation to the Trust.

  • NOTICE OF CREATION OF TRUST means the Notice of Creation of Trust dated on or about the date of this Supplementary Terms Notice issued under the Master Trust Deed in relation to the Trust.

  • NOTICE OF CREATION OF TRUST means the Notice of Creation of Trust dated [*] issued under the Master Trust Deed in relation to the Trust.

  • NOTICE OF CREATION OF TRUST means the Notice of Creation of Trust dated 31 December 2003 issued under the Master Trust Deed in relation to the Trust.

  • NOTICE OF CREATION OF TRUST means a notice substantially in the form of schedule 5 or in such other form as may from time to time be agreed between the Trustee and the Trust Manager.


More Definitions of NOTICE OF CREATION OF TRUST

NOTICE OF CREATION OF TRUST means the Notice of Creation of Trust dated on or about the date of this agreement issued under the Master Trust Deed in relation to the Trust. -------------------------------------------------------------------------------- Page 2 Xxxxx Xxxxx AGENCY AGREEMENT & Xxxxxxx --------------------------------------------------------------------------------
NOTICE OF CREATION OF TRUST means the Notice of Creation of Trust dated [*] issued under the Master Trust Deed in relation to the Trust. ONE MONTH BANK XXXX RATE on any date means the rate quoted on the Reuters Screen BBSW Page at approximately 10.00am, Sydney time, on that date (a CALCULATION DAY) for each Reference Bank so quoting (but not fewer than five) as being the mean buying and selling rate for a xxxx (which for the purpose of this definition means a xxxx of exchange of the type specified for the purpose of quoting on the Reuters Screen BBSW Page) having a tenor of 30 days eliminating the highest and lowest mean rates and taking the average of the remaining mean rates and then (if necessary) rounding the resultant figure upwards to four decimal places. If on the Calculation Day fewer than five Reference Banks have quoted rates on the Reuters Screen BBSW Page, the rate for the Calculation Day shall be calculated as above by taking the rates otherwise quoted by five of the Reference Banks on application by the parties for such a xxxx of the same tenor. If on the Calculation Day the rate cannot be determined in accordance with the foregoing procedures then the rate for the Calculation Day shall mean such rate as is agreed between the Manager and the Trustee having regard to comparable indices then available, PROVIDED THAT on the first Reset Date of any Redraw Advance the ONE MONTH BANK XXXX RATE shall be an interpolated rate calculated with reference to the tenor of the period from (and including) that Reset Date to (but not including) the next Reset Date.
NOTICE OF CREATION OF TRUST means a notice substantially in the form of schedule 5 or in such other form as may from time to time be agreed between the Trustee and the Trust Manager. Obligor means, in relation to a Receivable, the person who is obliged to make payments with respect to that Receivable, whether as a principal or secondary obligation (and in the case of a Loan means the person who is the account debtor under that Loan), and includes where the context requires, any other person obligated to make payments with respect to that Receivable (including any guarantor).
NOTICE OF CREATION OF TRUST means the Notice of Creation of Trust dated on or about the date of this deed issued under the Master Trust Deed in relation to the Trust. Power means a power, right, authority, discretion or remedy which is conferred on the Security Trustee, a Mortgagee or a Receiver or Attorney:
NOTICE OF CREATION OF TRUST shall have the meaning specified in the Trust Deed.
NOTICE OF CREATION OF TRUST means the Notice of Creation of Trust dated [ ] 1998 issued under the Master Trust Deed in relation to the Trust.
NOTICE OF CREATION OF TRUST means, in respect of a Trust, a notice executed by the Trustee and the Trust Manager in accordance with clause 3.1 of the Master Trust Deed.