Wakala Agreement definition

Wakala Agreement means the wakala agreement dated 29 June 2015 between the Trustee and the Wakeel;
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Wakala Agreement means the agreement between the Customer, the Purchasing Agent and the Selling Agent. Attached as appendix A
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Wakala Agreement means the amended and restated wakala agreement dated 9 May 2019 between the Trustee and the Wakeel;
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Examples of Wakala Agreement in a sentence

  • The Trustee has appointed the IsDB to perform limited actions in order to service the Portfolio of each Series of Trust Certificates pursuant to the Wakala Agreement.

  • The Trustee shall pay the Wakeel a nominal amount of U.S.$100 as a basic fee on the date of each Supplemental Wakala Agreement and an Incentive Fee (as defined in the Master Wakala Agreement).

  • However, other individuals such as the Chief Executive, Finance Director, external advisers and any relevant senior management may be invited to attend for all or part of any meeting, as and when appropriate and necessary and with the agreement of the Committee Chair.

  • Further, APICORP has undertaken in the Wakala Agreement to pay such additional amounts as may be necessary pursuant to this Condition 10 so that the full amount due and payable by the Trustee in respect of the Certificates to the Certificateholders is received by the Trustee for the purposes of payment to the Certificateholders in accordance with and subject to the provisions of this Condition 10.

  • The Wakeel would bear the loss in case of its default, negligence or violation of any of the terms and conditions of the Wakala Agreement; otherwise the loss would be borne by the Muwakkil, provided the Muwakkil receives satisfactory evidence that such loss was due to force majeure and that the Wakeel neither was able to predict the same nor could have prevented the negative consequences of the same on the Wakala.

  • Both parties, LARIBA & the client, sign a proxy agreement (Wakala Agreement).

  • Arcapita Bank is the sponsor, and liable, under a Murabaha and Wakala Agreement dated as of September 7, 2011 by and between Arcapita Bank, Arcsukuk (2011-1) Limited as Issuer and Trustee (in such capacity, the “Arcsukuk Trustee”), Arcapita Investment Funding Limited as Wakeel, and BNY Mellon Corporate Trustee Services Limited as Delegate (as amended, restated, supplemented, and/or otherwise modified, the “Arcsukuk Facility”).

  • All defined terms used here have the meanings given to them in the Wakala Agreement.

  • In accordance with the terms of the Master Wakala Agreement and where a Series comprises Lease Assets, the Wakeel is responsible for ensuring that such Lease Assets are, so long as the relevant Sukuk for that Series are outstanding, insured (to the extent reasonable and commercially practicable in a Shari’a compliant manner) against a Total Loss Event.

  • Each party hereto expressly acknowledges that it is bound by the provisions in Clause 10 (Limited Recourse and Non-Petition) of the Master Wakala Agreement.


More Definitions of Wakala Agreement

Wakala Agreement means the wakala agreement dated 31 October 2019 between the Trustee and the Wakeel;
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Wakala Agreement means the amended and restated wakala agreement dated 12 October 2018 between the Trustee and the Obligor (in its capacity as Wakeel);
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Wakala Agreement means the wakala agreement dated 18 November 2020 between the Trustee and the Wakeel;
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Wakala Agreement means the wakala agreement dated 27 September 2013 between the Trustee and the Obligor;
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Wakala Agreement means the wakala agreement dated 15 November 2021 between the Trustee and the Wakeel;
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Wakala Agreement means the wakala agreement dated 28 November 2014 between the Trustee and the Obligor;
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Related to Wakala Agreement

  • License Agreement means the agreement between SAP (or an SAP SE Affiliate, or an authorized reseller) under which Customer procured the rights to use SAP Software or a Cloud Service.

  • Development Agreement has the meaning set forth in the Recitals.

  • Cross License Agreement means that certain Cross License Agreement between and among Medarex, Cell Genesys, Inc., Abgenix, Inc., Xenotech, L.P. and Japan Tobacco Inc., dated March 26, 1997.

  • Collaboration Agreement has the meaning set forth in the Recitals.

  • Xxxxxx Agreement means that certain Contingent Stock Agreement, effective as of January 1, 1996, by The Xxxxx Company in favor of and for the benefit of the Holders (named in Schedule I thereto) and the Representatives (therein defined), as amended.

  • Royalty Agreement means the amended royalty agreement between the Partnership, Vermilion, 1209963 Alberta Ltd. and the Trust dated January 22, 2003 providing for the creation of the Royalty;

  • Technology License Agreement means the Technology License Agreement dated as of the date hereof between Allergan and ASTI.

  • Main Agreement means the part of this Agreement that commences on the first page and ends with but includes Schedule A, excluding Section 3(d) (which incorporates this Schedule C into the Agreement).

  • Manufacturing Agreement has the meaning set forth in Section 2.6.

  • SCM Agreement means the Agreement on Subsidies and Countervailing Measures in Annex 1A to the WTO Agreement;

  • Use Agreement means a written agreement between a primary licensee and a Type S applicant or licensee that specifies the designated area of the Type S licensee, the days and hours in which the Type S licensee is assigned to use the common-use area, any allocation of responsibility for compliance pursuant to Section 40196, and an acknowledgement that the Type S licensee has sole and exclusive use of the common- use area during the Type S licensee’s assigned time period.

  • Cooperation Agreement means that certain Mortgage Loan Cooperation Agreement, dated as of the Closing Date, among Borrower, Lender and Sponsor, as the same may from time to time be amended, restated, replaced, supplemented or otherwise modified in accordance herewith.

  • Secondment Agreement is defined in Section 2.2.

  • Commercial Agreement means an agreement, other than an agency agreement, made between carriers and relating to the provision of their joint services for carriage of passengers by air;

  • Licensing Agreement means a commercial agreement between a design approval holder and a production approval holder (or applicant) formalizing the rights and duties of both parties to use the design data for the purpose of manufacturing the product or article.

  • Mediation agreement means a written agreement between the parties to a mediation meeting.

  • Supply Agreement has the meaning set forth in Section 7.1.

  • SPS Agreement means the Agreement on the Application of Sanitary and Phytosanitary Measures which is a part of the WTO Agreement; Subheading means the first six digits in the tariff classification number under the HS; Territory means:

  • Foundation Agreement means the agreement dated the 20th February 1985 made between the Trustee, the Manager, Xxxxxxxx, Genting WA and Tileska providing for the subscription of Units and Options;

  • Hotel Management Agreement means any hotel management agreement relating to the management and operation of the Real Property together with all supplements, amendments and modifications thereto.

  • Assistance Agreement means a for- mal, written agreement between the CDFI Fund and an Awardee which specifies the terms and conditions of assistance under this part;

  • Exclusivity Agreement , in relation to land, means an agreement, by the owner or a lessee of the land, not to permit any person (other than the persons identified in the agreement) to construct a solar pv station on the land;”;

  • Alliance Agreement has the meaning given to such term in paragraph 11.2 of Schedule 13 (Information and Industry Initiatives);

  • Project Management Agreement means the agreement dated the 20th February 1985 made between the Trustee and the Manager providing for the Manager to manage and co‑ordinate the development and construction of the Resort and includes, if that agreement is terminated, any other agreement in like and similar terms made with the prior consent of the Minister;

  • Data Use Agreement means the agreement incorporated into the Contract to facilitate creation, receipt, maintenance, use, disclosure or access to Confidential Information.

  • Existing Management Agreement means that certain management agreement between the Seller and the Existing Manager for the operation and management of the Hotel.