Order of Priority definition

Order of Priority means the order of priority of payments specified in paragraph 2.2 (Pre and Post Enforcement Waterfalls) of Annex 1.
Order of Priority means, in respect of any payment to be made by the Issuer before the Enforcement Date, the Pre-enforcement Order of Priority or, in respect of any payment to be made by the Issuer on or after the Enforcement Date, the Enforcement Order of Priority.
Order of Priority means the Order of Priority specified as such in the Issue Memorandum, being the order of priority in which the net proceeds of enforcement of the security over the Charged Property are to be applied pursuant to the Supplemental Trust Deed.

Examples of Order of Priority in a sentence

  • The Servicer shall list the amounts to be distributed for each Payment Date in the Order of Priority and will notify the parties listed above of the Interest Compensation Order of Priority Amount and the Interest Compensation Release Amount.

  • Exhibit B, State of Oklahoma General Terms, Subsection 2.2 shall be deleted in its entirety Term & Section Exception Language Contract Effectiveness and Order of Priority, Section 2.2 EXHIBIT B STATE OF OKLAHOMA GENERAL TERMS 6.2 Subsection 6.2 shall be deleted in its entirety and replaced with the following: Services will be performed in accordance with industry best practices and are subject to acceptance by the Customer.


More Definitions of Order of Priority

Order of Priority means, in relation to any Series, the order of priority for application of all monies received by the Trustee pursuant to Clause 13 of the Principal Trust Deed (as amended by the relevant Supplemental Trust Deed);
Order of Priority means the order of priority according to which the payments of interest and principal to the Noteholders are distributed and other payments due and payable by the Issuer are made as more specifically described in clause 20.3 (Order of Priority) of the Trust Agreement.
Order of Priority means the order of priority according to which the payments of interest and principal to the Noteholders are distributed and other payments due and payable by the Issuer are made as more specifically described in clause 21.3 and clause 21.5 (Order of Priority) of the Trust Agreement.
Order of Priority means the order following which the Security Trustee shall apply moneys received following enforcement of the Pledge Agreement in accordance with Secured Condition 6 below. The Order of Priority shall follow the order (a), (b), (c), (d), (e), (f), (g) specified below:
Order of Priority means the order of priority of payments specified in paragraph 3 of this Annex 1.
Order of Priority means the order of priority for application of funds as set out in paragraph 47(ii) of the Terms and Conditions;
Order of Priority. The State of Ohio Standard Contract Terms and Conditions are hereby incorporated into this Participating Addendum (PA) and shall be binding on the contractor. If there is any inconsistency or conflict between the PA Agreement and the Ohio Terms and Conditions, the Ohio Terms and Conditions will prevail. Notwithstanding anything to the contrary, all pricing shall be governed solely by the terms of the Consortium Contract. The State of Ohio DAS Standard Contract Terms may be accessed through the following link: Standard Terms and Conditions.