PRIOR INTEREST definition

PRIOR INTEREST means the lien over, and right of indemnification from, the Charged Property held by the Trustee under, and calculated in accordance with, the Master Trust Deed for Trustee Indemnity Costs (other than the Secured Moneys and other than the Arranging Fees payable to the Manager) in relation to the Series Trust which are unpaid, or paid by the Trustee but not reimbursed to the Trustee from the Assets of the Series Trust.

PRIOR INTEREST means the lien over, and right of indemnification from, the Charged Property held by the Issuer under, and calculated in accordance with, the Master Trust Deed for the fees, costs, charges and expenses incurred by or payable to the Issuer (in its capacity as trustee of the Series Trust) in accordance with the Master Trust Deed and the Series Supplement (other than the Secured Moneys and other than the Arranging Fees (as defined in the Series Supplement) payable to the Manager) which are unpaid or paid by the Issuer but not reimbursed to the Issuer from the assets and property of the Series Trust.

PRIOR INTEREST means the lien over, and right of indemnification from, the Charged Property held by the Issuer Trustee under, and calculated in accordance with, the Trust Deed for Trustee Indemnity Costs (other than the Secured Moneys and the Subordinated Fee Amount) in relation to the PUMA Trust which are unpaid, or paid by the Issuer Trustee but not reimbursed to the Issuer Trustee from the assets of the PUMA Trust.

Examples of PRIOR INTEREST in a sentence

• PRIOR INTEREST means the lien over, and right of indemnification from, the Charged Property held by the Issuing Trustee under, and calculated in accordance with, the Master Trust Deed for paid but not reimbursed, or for unpaid, Expenses (other than the Secured Moneys) in relation to the Securitisation Fund.

• PRIOR INTEREST (FIRST)SUBSEQUENT INTEREST (SECOND)WHICH INTEREST GETS PRIORITY?PRIORITY RULESPriority disputes arise in circumstances where two or more interests in land are recognised and those interests are either directly or partially in conflict.

• The Borrower, as of the Initial Drawing Date, owed the Lender $2,811 in accrued interest on the Prior Amount (the "PRIOR INTEREST").

• Major network expansion is also the responsibility of INTERNET UNIT.

• AN AGREEMENT BY A PERSON TO SUBORDINATE A PRIOR INTEREST TO AN30 ENVIRONMENTAL COVENANT AFFECTS THE PRIORITY OF THAT PERSON’S INTEREST BUT31 DOES NOT BY ITSELF IMPOSE ANY AFFIRMATIVE OBLIGATION ON THE PERSON WITH32 RESPECT TO THE ENVIRONMENTAL COVENANT.33 49-191.03.

More Definitions of PRIOR INTEREST

PRIOR INTEREST means a preceding or senior interest, in

PRIOR INTEREST means a preceding or senior interest, in time or in right, that is recorded with respect to the real property, including but not limited to a mortgage, easement, or other interest, lien, or encumbrance predating the recording of an environmental covenant.

PRIOR INTEREST. SECURED CREDITOR" "SECURED DOCUMENT" "SECURED MONEYS" "SECURITISATION FUND" "SUPPLEMENTARY BOND TERMS NOTICE" "WILFUL DEFAULT"

PRIOR INTEREST means a compound that, at the time of identification as a Validated Hit: [ * ].

PRIOR INTEREST means a pledge, lien or special ownership right created under the law of BiH or other governing body before this law was applied.

PRIOR INTEREST. SECURED CREDITOR" "SECURED DOCUMENT" "SECURED MONEYS" "SECURITY TRUSTEE" "SECURITISATION FUND" "SUPPLEMENTARY BOND TERMS NOTICE" "TRANSACTION DOCUMENT" "WILFUL DEFAULT" (AS DEFINED IN CLAUSE 26.24 OF THE MASTER TRUST DEED)

PRIOR INTEREST. Secured Creditor" "Secured Document" "Secured Moneys" "Securitisation Fund" "Supplementary Bond Terms Notice"