Preference Certificates definition

Preference Certificates means the preferred equity note certificates issued by the Issuer on or about the Closing Date.

Preference Certificates means the preferred equity note certificates issued by the Issuer on or about the Closing Date. “Preference Certificate Purchase Agreement” means the purchase agreement relating to the Preference Certificates, dated on or about the Signing Date between the Issuer and Hertz Holdings Netherlands B.V. “Pre-VLCD Program Vehicle Depreciation Amount” means, as of any date of determination, with respect to (a) any Lease Vehicle that was a Program Vehicle as of the Vehicle Lease Commencement Date with respect to such Lease Vehicle and was not, prior to such Vehicle Lease Commencement Date, leased by a FleetCo or any Affiliate thereof to the relevant OpCo or any Affiliate thereof, an amount equal to the excess, if any, of (i) the depreciation charges scheduled to accrue pursuant to the terms of the Manufacturer Program with respect to such Lease Vehicle, if any, prior to such Vehicle Lease Commencement Date over (ii) all payments in respect of clause (i) made by the applicable Lessees to the applicable FleetCo pursuant to Clause 4.7.1 of the applicable Master Lease or Clause 4.9 of the applicable Master Lease on or prior to such date and (b) any other Lease Vehicle, zero “Principal Amount” means, as of any date of determination, the sum of the Class A Principal Amount and the Class B Principal Amount, in each case as of such date. “Principal Collection Account Amount” means, as of any date of determination, the amount of cash on deposit in and Permitted Investments credited to the Issuer Principal Collection Account as of such date. “Principal Deficit Amount” means, on any date of determination, the excess, if any, of (a) the Adjusted Principal Amount on such date over (b) the Issuer Aggregate Asset Amount on such date. “Pro Rata Share” means, with respect to each Letter of Credit issued by any Letter of Credit Provider, as of any date, the fraction (expressed as a percentage) obtained by dividing (A) the available amount under such Letter of Credit as of such date by (B) an amount equal to the aggregate available amount under all Letters of Credit as of such date; provided, that solely for purposes of calculating the Pro Rata Share with respect to any Letter of Credit Provider as of any date, if the related Letter of Credit Provider has not complied with its obligation to pay the Trustee the amount of any draw under such Letter of Credit made prior to such date, the available amount under such Letter of Credit as of such date shall be treated as reduced (for calcu...

Examples of Preference Certificates in a sentence

• Upon the receipt of the Replacement Certificates by Teleflex Holding, the Preference Certificates shall be canceled and Teleflex Holding shall be deemed to have received all of the consideration that is due to Teleflex Holding with respect to the shares of Class A Preference Stock and Class B Preference Stock of TFX Medical held by Teleflex Holding immediately prior to the Effective Time.

• Where the Generalized System of Preference Certificates of Origin Form A is accepted, there is no need of issuing CO as notified by the Department of Customs, Ministry of Finance of the Government of Nepal.

• The proceeds of the Subordinated Intercompany Note Proceeds Loan and the Loan Premium will be applied by the Borrower only (a) to repay approximately $290,000,000 of principal on the Subordinated Preference Certificates and (b) to pay fees and expenses related to the offering of the Senior Discount Notes.

• Effective January 1, 2012 Resident Preference Certificates are issued by the New Mexico Taxation and Revenue Department.

• Resident Preference Certificates issued by the State Purchasing Division (Agent) are NOT VALID pursuant to the statute.

• As a foreign and ostensibly competing commodity entering the bloc this was understandable except for the reality that Lomé also removed the equivalent perquisites allowed to foreign sugar under the old C.S.A. which included for example the granting of Preference Certificates.

• Preference Certificates may be obtained through the New Mexico Taxation and Revenue Department.

• The New Senior Credit Facility, in combination with existing surplus cash and the proceeds of the IPO, was used to repay the Previous Senior Credit Facility of $728.mn and the remaining of the EUR-denominated Subordinated Preference Certificates (€272.7mn).

• Copies of the duly executed Shareholders’ Agreement, the Intercompany Loan Agreemnts and the Subordinated Preference Certificates Instruments and confirmation that the Company has received the amounts referred to in paragraph 6 (Investor Documents) of part I of Schedule 2 (Conditions precedent to signing) and has contributed or on-lent the same to Newco.

• Copies of the duly executed Shareholders’ Agreement, the Intercompany Loan Agreements and the Subordinated Preference Certificates Instruments and confirmation that the Company has received the amounts referred to in paragraph 6 (Investor Documents) of part I of Schedule 2 (Conditions precedent to signing) and has contributed or on-lent the same to Newco.