Post CBC Acceleration Notice Priority of Payments definition

Post CBC Acceleration Notice Priority of Payments has the meaning ascribed thereto in the Trust Deed.
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Examples of Post CBC Acceleration Notice Priority of Payments in a sentence

  • The proceeds of enforcement of the Security shall be applied by the Security Trustee in accordance with the Post CBC Acceleration Notice Priority of Payments, and Covered Bondholders will receive amounts from the CBC on an accelerated basis.

  • Following service of a CBC Acceleration Notice, the Security Trustee may enforce the Security and the proceeds will be applied in accordance with the Post CBC Acceleration Notice Priority of Payments.

  • The proceeds from any such sale or refinancing will form part of the Principal Available Amount which will together with the Interest Available Amount be applied in accordance with the CBC Priority of Payments (or, if a CBC Acceleration Notice has been served, the Post CBC Acceleration Notice Priority of Payments).

  • If a CBC Acceleration Notice is served, the Covered Bonds are accelerated against both the Issuer and the CBC and the CBC is under the Guarantee obliged to pay the Early Redemption Amount of each Covered Bond, together with accrued interest and certain other amounts then due under the Covered Bonds, subject to and in accordance with the Post CBC Acceleration Notice Priority of Payments.

  • Payments made by the CBC under the Guarantee (after the service of an Issuer Acceleration Notice or a CBC Acceleration Notice) will be made subject to, and in accordance with, the CBC Priority of Payments or the Post CBC Acceleration Notice Priority of Payments, as applicable.

  • This situation was immanent to other cases where certain minority issues were relevant.

Related to Post CBC Acceleration Notice Priority of Payments

  • Acceleration Notice shall have the meaning specified in Section 6.2.

  • Tax Event Repayment Date means the date set out in a notice from the Issuer to the Bondholders pursuant to Clause 10.4 (Early redemption option due to a tax event).

  • Initial Term Loan Maturity Date means August 15, 2025 or, if such date is not a Business Day, the immediately preceding Business Day.

  • Penalty Charge Notice means a notice described in Section 78 of the 2004 Act having effect as if issued or served by a Civil Enforcement Officer or posted by the enforcement authority under any regulations for the time being in force under Section 78 of the 2004 Act.

  • Latest Term Loan Maturity Date means, as of any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time.

  • Default Repayment Date means the settlement date set out by the Bond Trustee in a Default Notice requesting early redemption of the Bonds.