Wakala Assets definition
Wakala Assets means the assets acquired by the Agent for and on behalf of the Bank under the
Wakala Assets means, in relation to each Series, the relevant Airtime Vouchers, Lease Assets and/or Shares (as relevant);
Wakala Assets means any asset derived from a financing provided by the ICD (as muwakil) to its customers under an agency (wakala) arrangement entered into between the ICD and the relevant customer where funds provided to the agent are invested in tangible ("Tangible Wakala Assets") and/or intangible assets ("Intangible Wakala Assets").
More Definitions of Wakala Assets
Wakala Assets has the meaning given to it in the Master Purchase Agreement; and "Wakala Portfolio" has the meaning given to it in the Service Agency Agreement.
Wakala Assets means, in relation to each Series, the relevant Vouchers;
Wakala Assets means, at any time, the Aircraft Assets as described in Schedule 1 (Aircraft Asset) to each Purchase Agreement subject to taking into account:
Wakala Assets means any asset derived from lines of financing provided by the ICD (as muwakil) to its customers under an agency (wakala) arrangement entered into between the ICD and the relevant customer where funds provided to the agent are invested in tangible and/or intangible assets.