Services Charge Amount means, in respect of a Lease Period, all payments made or incurred by the Servicing Agent in respect of the Services performed in relation to the Lease Assets during that Lease Period plus VAT (if any) payable on such amount;
Services Charge Amount means, in respect of a Lease Period, the aggregate of all the payments and liabilities made or incurred by the Servicing Agent in respect of the Services performed in relation to the Lease Assets during that Lease Period plus Value Added Tax (if any) payable on such amount;
Services Charge Amount means, in relation to the Lease Assets, all payments made by the Servicing Agent in respect of the Services performed during a Rental Period pursuant to the Servicing Agency Agreement;
More Definitions of Services Charge Amount
Services Charge Amount means, in respect of a Lease Period, all payments made or incurred by the Servicing Agent in respect of the Services performed in relation to the Lease Assets during that Lease Period;
Services Charge Amount means, in respect of a Lease Period, all payments made or incurred by the Servicing Agent in respect of the Services performed in relation to the Lease Assets during that Lease Period. Servicing Agent: The Government of Malaysia (in its capacity as servicing agent, the “Servicing Agent”). Under the Lease Agreement, the Lessor shall be responsible for obtaining insurance for the Lease Assets to the extent that it is reasonable and commercially practicable in a Shariah compliant manner, paying all proprietorship taxes (if any) in respect of the Lease Assets and performing major maintenance and structural repair on the Lease Assets. In accordance with the terms of the Servicing Agency Agreement, the Lessor will delegate the responsibility to perform, or procure the performance of, major maintenance and structural repair and the payment of proprietorship taxes (if any) and the responsibility for ensuring that the Lease Assets are insured to the extent reasonable and commercially practicable, in a Shariah compliant manner against a Total Loss Event to the Servicing Agent. Joint Bookrunners and Joint Lead Managers:Barclays Bank PLC, CIMB Bank (L) Limited and The Hongkong and Shanghai Banking Corporation Limited, Offshore Banking Unit Labuan. Delegate: The Bank of New York Mellon (the “Delegate”). In accordance with the terms of the Declaration of Trust, the Trustee will unconditionally and irrevocably appoint the Delegate to be its attorney and in its name, on its behalf and as its act and deed to exercise certain future duties, powers, authorities and discretions vested in the Trustee by certain provisions of the Declaration of Trust in accordance with the terms of the Declaration of Trust. In addition, pursuant to the Declaration of Trust, certain powers will be vested solely in the Delegate.Principal Paying Agent: The Bank of New York Mellon. Transfer Agent, Registrar and Replacement Agent:The Bank of New York Mellon. Summary of the Structure and Transaction Documents: Summary of the Structure: An overview of the structure of the transaction and theprincipal cash flows is set out in the section entitled “Structure Diagram and Cash Flows”. Summary of the Transaction Documents:A description of the principal terms of the significant Transaction Documents is set out in the section entitled “Summary of the Principal Transaction Documents”. Summary of the Certificates: Certificates: US$1,250,000,000 trust certificates due 2015. Status of Certificates: Each Certific...