Series Parties definition

Series Parties means the Instrumentholders, the Trustee, the Custodian and any Hedging Counterparty, all of whom expressly accept, and shall be deemed to be bound by, the provisions of the Securitisation Act 2004 and, in particular, the provisions on limited recourse, no petition, subordination, waterfall and priority of payments as included in the General Conditions and the relevant Final Terms.
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Examples of Series Parties in a sentence

  • The Issuer shall give a copy of the Issuer Call Redemption Notice to each of the Series Parties on the same date as such notice is given to the Noteholders.

  • In respect of any claim against the Issuer in relation to the Notes, the Series Parties and the Noteholders shall have recourse only to the Series Assets in respect of such Notes, subject always to the Security, and not to any other assets of the Issuer.

  • Furthermore, potential investors should note that the Selling Agent will be able to deduct any of its commissions and/or expenses in connection with the realisation of the Series Assets from the proceeds of realisation of the Series Assets prior to the distribution of such proceeds to the other Series Parties.

  • Furthermore, where the Series Assets become subject to realisation by the Selling Agent, potential investors should note that the Selling Agent will be able to deduct any of its commissions or expenses in connection with the realisation of the Series Assets from the proceeds of realisation of the Series Assets prior to the distribution of such proceeds to the other Series Parties.

  • As a result the amount available to be distributed to Series Parties (which include Instrumentholders) following an early redemption of the Instruments will be reduced.

  • The Series Assets are secured in favour of the Trustee for the benefit of the Series Parties (which include the Instrumentholders) as security for the obligations of the Issuer in respect of the Instruments.

  • The Securitisation Act 2004 provides that the Series Assets for each Series of Instruments are available to meet only the claims of the Series Parties for that Series.Prospective investors should note that, where “Hedging Counterparty right to replace Trustee” is specified as Applicable in the relevant Final Terms, the Hedging Counterparty may elect at any time after the Issue Date in its sole and absolute discretion to the replace the Trustee with a replacement trustee (the “Replacement Trustee”).

  • Following application of the proceeds of realisation of the Series Assets in accordance with the Conditions of the Notes, the claims of the Noteholders, the Hedging Counterparty and the other Series Parties for any shortfall shall be extinguished and the Noteholders, the Hedging Counterparty and the other Series Parties (and any person acting on behalf of any of them) may not take any further action to recover such shortfall.

  • The Securitisation Act 2004 provides that the Series Assets (and the proceeds thereof) specified below are available solely to meet the claims of the Series Parties.

  • The Instruments will have the benefit of English law governed security interests (and, in certain circumstances, security interests governed by the laws of any other relevant jurisdiction) which are granted to the Trustee (for the benefit of the Series Parties for the relevant Series) over all the Series Assets of the relevant Compartment (see the section entitled “Summary”).

Related to Series Parties

  • Class Debt Representatives has the meaning assigned to such term in Section 8.09.

  • Parties has the meaning set forth in the Preamble.

  • Investor Parties has the meaning set forth in the Preamble.

  • Additional Senior Debt Parties means, with respect to any series, issue or class of Additional Senior Debt, the holders of such Indebtedness, the Representative with respect thereto, any trustee or agent therefor under any related Additional Senior Debt Documents and the beneficiaries of each indemnification obligation undertaken by the Borrower or any Guarantor under any related Additional Senior Debt Documents.

  • Company Representatives shall have the meaning set forth in Section 6.5(a).

  • Party/Parties means Buyer and Seller individually/collectively.

  • Secured Debt Representative means each Parity Lien Representative and each Priority Lien Representative.

  • Backstop Parties means those parties that agree to backstop the Rights Offering pursuant to the Backstop Commitment Letter, each in its respective capacity as such.

  • Class Debt Parties has the meaning assigned to such term in Section 8.09.

  • Note Parties means, collectively, the Issuer and each Guarantor.

  • Transaction Parties As defined in Section 5.3(o).

  • Parent Representatives has the meaning set forth in Section 5.2(a).

  • Selling Parties shall have the meaning specified in the preamble.

  • Settling Parties means the Defendants and the Class Representatives, on behalf of themselves, the Plan, and each of the Class Members.

  • Financing Parties means Parties financing the Project, pursuant to Financing Documents.

  • Second Lien Representative means, in the case of any Series of Second Lien Debt, the trustee, agent or representative of the holders of such Series of Second Lien Debt who maintains the transfer register for such Series of Second Lien Debt and is appointed as a Second Lien Representative (for purposes related to the administration of the Security Documents) pursuant to the indenture, credit agreement, loan agreement, note agreement, promissory note or other agreement or instrument evidencing or governing such Series of Second Lien Debt, together with its successors in such capacity; provided that in each case such Person shall have executed a joinder to the Collateral Agency and Intercreditor Agreement.

  • Lender Group Representatives has the meaning specified therefor in Section 17.9 of the Agreement.

  • Designated Senior Representative means (i) if at any time there is only one Senior Representative for a Senior Facility with respect to which the Discharge of Senior Obligations has not occurred, such Senior Representative and (ii) at any time when clause (i) does not apply, the Applicable Authorized Representative (as defined in the First Lien Intercreditor Agreement) at such time.

  • Debt Representative means, with respect to any series of Indebtedness, the trustee, administrative agent, collateral agent, security agent or similar agent or representative under the indenture or agreement pursuant to which such Indebtedness is issued, incurred or otherwise obtained, as the case may be, and each of their successors in such capacities.

  • Contracting Parties has the meaning set forth in Section 9.14.

  • Party/Parties means Buyer and Seller individually/collectively.

  • Lender Parties means, collectively, the Administrative Agent, the Lenders, the Issuing Bank, the Specified Derivatives Providers, each co-agent or sub-agent appointed by the Administrative Agent from time to time pursuant to Section 12.7, any other holder from time to time of any of any Obligations and, in each case, their respective successors and permitted assigns.

  • Required Consenting Noteholders means, as of the relevant date, the Consenting Noteholders then holding greater than fifty and one-tenth percent (50.1%) of the aggregate outstanding principal amount of Senior Notes Claims that are held by all Consenting Noteholders subject to the Restructuring Supporting Agreement as of such date.

  • Consenting Creditors has the meaning set forth in the preamble to this Agreement.

  • Principal’s Representative means the person nominated by the Principal or other person from time to time appointed in writing by the Principal to act as the Principal’s Representative for the purposes of the Contract.

  • Sponsor Entities means (i) WHR Holdings, LLC, Esquisto Holdings, LLC, WHE AcqCo Holdings, LLC, WildHorse Investment Holdings, LLC, Esquisto Investment Holdings, LLC, NGP IX Holdings, L.P., NGP X US Holdings, L.P., NGP XI Holdings, L.P., and CP VI Eagle Holdings, L.P. and (ii) any of their respective Affiliates and any investment fund or other Person advised or managed by any Sponsor Entity, in each case, which owns or owned a direct or indirect interest in the Company; provided, however, that neither the Company nor any of its subsidiaries shall be considered Sponsor Entities hereunder.