Sale and Substitution Undertaking definition

Sale and Substitution Undertaking means the amended and restated sale and substitution undertaking dated 6 July 2022 executed by the Trustee in favour of the Obligor;

Sale and Substitution Undertaking means the sale and substitution undertaking dated 6 November 2023 executed by the Issuer in favour of Ziraat Katılım and the Representative;

Sale and Substitution Undertaking means the sale and substitution undertaking dated 15 December 2022 executed by the Trustee in favour of the Obligor;

Examples of Sale and Substitution Undertaking in a sentence

• Transactions in contingent assets and liabilities are not considered transactions in the System (see chapter 11).

• The Sale and Substitution Undertaking also grants GoS the right to substitute any Lease Asset for another asset, which has a value that is at least equal to the Value of the Lease Asset being substituted.

• Early Dissolution for Tax Reasons), GoS may, by exercising its right under the Sale and Substitution Undertaking and serving an exercise notice on the Trustee no later than 30 days prior to the Dissolution Date, be able to oblige the Trustee to sell all of its rights, title, interests, benefits and entitlements in, to and under the Lease Assets at the Exercise Price.

• I am responsible and not my insurance company for co-payments, coinsurances, and deductibles.

• The transfer of the Cancelled Lease Asset(s) will take effect by the Obligor and the Trustee entering into a Sale Agreement (in the form scheduled to the Sale and Substitution Undertaking).

More Definitions of Sale and Substitution Undertaking

Sale and Substitution Undertaking means the sale and substitution undertaking dated 28 April 2016 and granted by the Trustee in favour of the Obligor and includes the form of sale agreement to be entered into in accordance with the terms of the Sale and Substitution Undertaking;

Sale and Substitution Undertaking means the sale and substitution undertaking dated 19 May 2023 executed by the Trustee in favour of the Obligor;

Sale and Substitution Undertaking means the sale and substitution undertaking dated 18 November 2020 executed by the Trustee in favour of the Obligor;

Sale and Substitution Undertaking means the sale and substitution undertaking dated 6 November 2023 granted by the Issuer in favour of Ziraat Katılım and the Representative;

Sale and Substitution Undertaking means the sale and substitution undertaking dated 18 February 2022 executed by the Trustee in favour of the Bank;

Sale and Substitution Undertaking means the sale and substitution undertaking dated on or about the date of this Deed and executed by the Issuer in favour of Ziraat Katılım;

Sale and Substitution Undertaking means the amended and restated sale and substitution undertaking dated the date hereof executed by the Trustee in favour of the Government and includes the form of Sale Agreement to be entered into in accordance with the terms of the Sale and Substitution Undertaking.