Underlying Entities definition

Underlying Entities. Shares” means in relation to a Series of Self Funding Instalments one Share as adjusted in accordance with this Deed.
Underlying Entities. Share” means in relation to a Series of GAS Instalments, one Share of the Underlying Entity as adjusted in accordance with the Trust Deed.

Examples of Underlying Entities in a sentence

  • None of Seller, its Affiliates and their respective Representatives is making, directly or indirectly, any representation or warranty with respect to any estimates, projections, valuations or forecasts involving Total Alternative Assets or the Underlying Entities.

  • The Titling Trust shall (i) be a Delaware statutory trust, (ii) have a Qualified Trustee serving as its trustee, and (iii) not take any Insolvency Action and shall not cause or permit any Insolvency Action to be taken with respect to itself or any of the other Underlying Entities.

  • For the sake of clarity, (x) the Purchase Price for the Initial Trust Interests shall be calculated with respect to the Underlying Assets that are then owned by the Underlying Entities as of the Initial Purchase Date, and (y) the Purchase Price for any Additional Trust Interests shall be calculated with respect to additional Underlying Assets that will be acquired by the Underlying Entities from time to time.

  • The Pass-Through Trust and the Grantor Trust shall each (i) be a New York common law trust, (ii) have a Qualified Trustee serving as its trustee, and (iii) not take any Insolvency Action and shall not cause or permit any Insolvency Action to be taken with respect to itself or any of the other Underlying Entities.

  • Seller shall (i) be a Delaware limited liability company and (ii) not take any Insolvency Action with respect to itself or with respect to any of the Underlying Entities.