Examples of Residual Ownership Interest in a sentence
This Indenture and the respective obligations and responsibilities of the Issuer and the Indenture Trustee created hereby shall terminate upon the distribution to Noteholders, Certificateholders, holders of the Residual Ownership Interest and the Indenture Trustee of all amounts required to be distributed pursuant to Article III; provided, however, that in no event shall the trust created hereby continue beyond the expiration of 21 years from the death of the survivor of the descendants of Xxxxxx X.
On the Closing Date, the Seller shall -------------------------------------- assign, set over and convey to the Buyer as collateral security for the Seller's payment obligations to the Buyer under the Lease Agreement, the Seller's Residual Ownership Interest in the Equipment and the unsold portion of Seller's receivables as set forth more fully in the Security Agreement.
At the Closing, the Seller shall also deliver to the Buyer as collateral security for the Seller's payment obligations under the Lease Agreement the Seller's Residual Ownership Interest and all such other documents, certificates or instruments required in connection with the Security Agreement.
At December 31, 2012, the debt reserve was fully funded using the irrevocable letter of credit.APMI Residual Ownership Interest APCo’s interest in the Long Sault Rapids facility is by way of subscribing to two notes from the original developers, which effectively entitles it to 100% of after tax cash flows of the facility up to 2013, 65% from 2014 to 2027 and 58% thereafter.
The building is structurally sound and capable of conversion without the need for substantial extension, alteration or reconstruction and any alterations protect or enhance the character of the building and its setting.
The situation in Norway illustrates a longer-term language planning process which established a national language.
Seller shall take no action following the respective Settlement Date for the particular Purchased Receivable that would be inconsistent with the effective transfer by Seller to the Purchaser hereunder of Seller's right, title and interest in and to the Purchased Receivables acquired by Purchaser hereunder (exclusive of the Seller's Residual Ownership Interest).
Nigeria, in particular, needs men and women of very broad horizons who are neither limited in their attitudes to their localities, nor inhibited in their thinking by tribal and other sectional prejudices.
These Appellants being aggrieved by the Impugned Order has come by this Appeal and has challenged the impugned order on various grounds.
Lessee has an undivided residual junior subordinated ownership interest in the Equipment described on Exhibit A hereto (the "Residual Ownership Interest") represented by a Residual Ownership Certificate substantially in the form of Exhibit A-2 hereto, which has been pledged and assigned to the Lessor as security for the Lessee's payment obligations under this Agreement.