Secured Issuer Obligations definition

Secured Issuer Obligations means the obligations and duties of the Issuer (i) under the Trust Deed, each ETC Security, the Swap Agreement and each Credit Support Document, (ii) to pay all Taxes (other than any income, corporation or similar tax), fees, costs, charges, expenses, liabilities and other amounts properly payable to the Liquidation Agent, and (iii) to pay the Taxes (other than any income, corporation or similar tax), fees, expenses or other amounts due to the Issuing and Paying Agents[,]/[and] the Paying Agents[If Uncertificated Registered Securities, text will apply or be inserted –, the Registrar and the Transfer Agents] pursuant to the Agency Agreement, due to the Custodian pursuant to the Custody Agreement, and due to the Determination Agent and/or to the Programme Swap Counterparty pursuant to the Determination Agent Agreement, in each case to the extent such amounts relate to this Series of ETC Securities and “Secured Issuer Obligation” means any of them.
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Secured Issuer Obligations means, in respect of a Series, the obligations and duties of the Issuer
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Secured Issuer Obligations means, in respect of a Series, the obligations and duties of the Issuer under the Trust Deed, each Security Deed, each ETC Security of that Series and each other Transaction Document, in each case to the extent such amounts relate to this Series of ETC Securities and to pay any other amount payable by the Issuer that is listed in Condition 5(c) (including the introductory paragraph thereto), in each case to the extent such amounts relate to such Series and “Secured Issuer Obligation” means any of them.
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Examples of Secured Issuer Obligations in a sentence

  • The Security is granted to the Trustee as continuing Security for the Secured Issuer Obligations.

  • If, following realisation in full of the Secured Property (whether by way of liquidation or enforcement) and application of available cash sums as provided in this Condition 6, the Trust Deed and the Security Deed, as applicable, any outstanding claim against the Issuer in respect of the Secured Issuer Obligations remains unpaid, then such outstanding claim shall be extinguished and no debt shall be owed by the Issuer in respect thereof.

  • The Security is granted to the Security Trustee as continuing Security for the Secured Issuer Obligations.

  • The Issuer hereby ratifies and confirms and agrees to ratify and confirm whatever such an attorney does, may do, or may purport to do pursuant to this clause and all monies expended by such an attorney shall be deemed to form part of the Secured Issuer Obligations except in either case of fraud, gross negligence or wilful misconduct on the part of that attorney.

  • Any release, settlement, discharge, re-assignment or arrangement (in this Clause, a "release") shall be deemed to be made subject to the condition that it will be void if any payment or discharge of the Secured Issuer Obligations is set aside under any applicable law or proves to have been for any reason invalid or void.

  • All costs, expenses, outgoings and liabilities properly incurred by any such Receiver shall form part of the Secured Issuer Obligations, unless such costs, expenses, outgoings and liabilities arise out of its own fraud, gross negligence and/or wilful default.

  • Additionally, the Secured Issuer Obligations may be secured pursuant to a Security Document other than the Irish Law Security Trust Deed or the English Law Security Trust Deed, as specified in the relevant Issue Deed.

  • The Security is granted to the Security Trustee as continuing security for the Secured Issuer Obligations relating to the relevant Series and shall remain in force as a continuing security to the Security Trustee, notwithstanding any intermediate payment or satisfaction of any part of the Secured Issuer Obligations or any settlement of account or any other act, event or matter whatsoever.

  • In order to secure the Secured Issuer Obligations relating to a Series, the Issuer will grant security over the Secured Property on the terms of, and as set out in, the English Law Security Trust Deed (as defined below) and/or any other Security Document entered into in respect of such Series.

  • In addition, data recently published by the General State Comptroller (IGAE) and notified by the Spanish statistical office to Eurostat on 29 September 2015, i.e. after the submission of the Draft Budgetary Plan, show a lower nominal GDP in 2014 and, in turn, a slightly higher general government deficit to GDP ratio, at 5.9% of GDP2.


More Definitions of Secured Issuer Obligations

Secured Issuer Obligations means, in respect of a Series, the obligations and duties of the Issuer (i) under the Trust Deed, the Security Trust Deeds and each ETC Security, (ii) to pay all Taxes (other than any income, corporation or similar tax), fees, costs, charges, expenses, liabilities and other amounts properly payable to the Metal Counterparty, (iii) to pay the Taxes (other than any income, corporation or similar tax), fees, expenses or other amounts due to the Issuing and Paying Agents and the Paying Agents pursuant to the Agency Agreement, due to the Custodian pursuant to the Custody Agreement or any precious metals overdraft agreement in respect of any Over-allocated Metal, due to the Administrator pursuant to the Administration Agreement, due to the Advisor pursuant to the Advisory Agreement and due to any other party pursuant to any other agreement in respect of which the Issuer and the Security Trustee have agreed as constituting Secured Issuer Obligations and (iv) to pay any other amount payable by the Issuer that is listed in Condition 5(d) (Application of Proceeds of Enforcement of Security), in each case to the extent such amounts relate to such Series, and “Secured Issuer Obligation” means any of them.
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Secured Issuer Obligations has the meaning specified in Section 2.02.
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Secured Issuer Obligations means the obligations and duties of the Issuer (i) under the Trust Deed, each ETC Security, the Swap Agreement and each Credit Support Document, (ii) to pay all Taxes (other than any income, corporation or similar tax), fees, costs, charges, expenses, liabilities and other amounts
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Related to Secured Issuer Obligations

  • Note Obligations means the Notes, the Guarantees and all other obligations of any obligor under this Indenture, the Notes, the Guarantees and the Security Documents.

  • Junior Obligations means the Junior Obligations of the Guarantor and the Junior Obligations of the Issuer;

  • Parity Obligations means (i) all obligations of the Issuer in respect of Tier 1 Instruments (excluding any such obligations that rank, or are expressed to rank, junior to claims in respect of the Notes), and (ii) any other securities or obligations (including, without limitation, any guarantee, credit support agreement or similar undertaking) of the Issuer that rank, or are expressed to rank, pari passu with claims in respect of the Notes and/or any Parity Obligation.

  • Loan Obligations means (a) the due and punctual payment by the Borrower of (i) the unpaid principal of and interest (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) on the Loans made to the Borrower under this Agreement, when and as due, whether at maturity, by acceleration, upon one or more dates set for prepayment or otherwise, (ii) each payment required to be made by the Borrower under this Agreement in respect of any Letter of Credit, when and as due, including payments in respect of reimbursement of disbursements, interest thereon (including interest accruing during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding) and obligations to provide Cash Collateral and (iii) all other monetary obligations of the Borrower owed under or pursuant to this Agreement and each other Loan Document, including obligations to pay fees, expense reimbursement obligations and indemnification obligations, whether primary, secondary, direct, contingent, fixed or otherwise (including monetary obligations incurred during the pendency of any bankruptcy, insolvency, receivership or other similar proceeding, regardless of whether allowed or allowable in such proceeding), and (b) the due and punctual payment of all obligations of each other Loan Party under or pursuant to each of the Loan Documents.

  • Senior Lien Obligations means all revenue bonds and other obligations of the RECIPIENT outstanding on the date of execution of this loan agreement (or subsequently issued on a parity therewith, including refunding obligations) or issued after the date of execution of this loan agreement having a claim or lien on the Gross Revenue of the Utility prior and superior to the claim or lien of the loan, subject only to Maintenance and Operation Expense.

  • Parity Obligation means any instrument or other obligation issued or entered into by the Issuer that constitutes or qualifies as Additional Tier 1 Capital (or its equivalent) under applicable Capital Regulations or any instrument or other obligation issued, entered into, or guaranteed by the Issuer that ranks or is expressed to rank pari passu with the Capital Securities by operation of law or contract, which for the avoidance of doubt, excludes any Junior Obligations of the Issuer.