Uninvested Proceeds means, at any time, the net proceeds received by the Issuer on the Closing Date from the initial issuance of the Rated Notes and Income Notes, to the extent such proceeds have not theretofore been invested in Collateral Interests.
Uninvested Proceeds means, at any time, the net proceeds received by the Issuer on the Closing Date from the initial issuance of the Securities, to the extent such proceeds have not been deposited into the Expense Account pursuant to Section 10.4(a) or invested in Collateral Debt Securities in accordance with the terms of this Indenture.
Uninvested Proceeds means, at any time, the net proceeds received by the Issuer from the issuance of the Notes standing to the credit of the Uninvested Proceeds Account;
Examples of Uninvested Proceeds in a sentence
In addition, if, on the first Quarterly Distribution Date, Interest Proceeds and Principal Proceeds are insufficient to pay the amounts referred to in paragraphs (2), (4) and (5) of "Priority of Payments— Principal Proceeds" and paragraphs (6), (8) and (10) of "Priority of Payments—Interest Proceeds", above, the Issuer will use Uninvested Proceeds to make such payments (in the same manner and order of priority).
Journal of Health Disparities Research & Practice, 12(2), 159–182.
Credit Improved Securities.Principal Proceeds and Uninvested Proceeds available for such purpose in accordance with the Priorities of Payments may be used by the Collateral Manager (on behalf of the Issuer) to acquire Substitute Collateral Debt Securities subject to and in accordance with the terms of the Collateral Management Agreement.
The Uninvested Proceeds Account shall be an Euro denominated account in the name of the Issuer at the Account Bank.
The net proceeds from the issuance and the sale of the Notes and the Preference Shares will be used by the Issuer to purchase on the Closing Date a diversified portfolio of interests in Asset- Backed Securities having the characteristics described herein and to fund the Uninvested Proceeds Account.
More Definitions of Uninvested Proceeds
Uninvested Proceeds means, at any time on or prior to the Ramp-Up Completion Date, the net proceeds received by the Issuer on the Closing Date from the initial issuance of the Notes and Preference Shares, to the extent such proceeds have not theretofore been invested in Collateral Debt Securities or deposited in the Expense Account.
Uninvested Proceeds means, at any time, the net proceeds received by the Issuer on the Original Issue Date from the issuance of the Notes to the extent such proceeds are held in cash or Eligible Investments, have not previously been invested in Portfolio Collateral and have not previously become Euro Principal Proceeds pursuant to paragraph (c) of the definition of "Euro Principal Proceeds".
Uninvested Proceeds means, at any time (A) the sum of the proceeds received by the Issuer on the Closing Date from (x) the initial issuance on the Closing Date of the Secured Notes and the Subordinated Notes and (y) any premium payable by an Interest Rate Hedge Counterparty to the Issuer pursuant to the related Interest Rate Hedge Agreement minus (B) organizational and structuring fees and expenses of the Co-Issuers (including, without limitation, certain structuring fees payable to the Underwriters and Collateral Manager and the legal fees and expenses of counsel to the Co-Issuers, the Underwriters, the Placement Agent and the Collateral Manager and the fees and expenses payable in connection with the ratings of the Secured Notes), the expenses related to the Warehouse Agreement and related documents and of offering the Notes (including fees payable to the Underwriters and Placement Agent in connection with the underwriting and placement of the Notes), to the extent such proceeds have not been deposited in the Expense Account or invested in Collateral Debt Securities (including the deposit
Uninvested Proceeds means, at any time, the net proceeds received by the Issuer on the Closing Date from(x) the initial issuance of the Offered Securities (net of all expenses related to the offering of the Offered Securities) and (y) any net premium payable by the Interest Rate Hedge Counterparty to the Issuer pursuant to any Hedge Agreement, to the extent such proceeds have not been deposited in the Expense Account, the Reserve Account or invested in Collateral Debt Securities (including the deposit of any required amounts in a Synthetic Security Counterparty Account and including the purchase of accrued interest on any Collateral Debt Security). Gains paid to the Issuer on the Closing Date with respect to the sale of U.S. treasury securities acquired in connection with warehousing arrangements entered into prior to the Closing Date shall also be treated as “Uninvested Proceeds” and shall be deposited in the Reserve Account on the Closing Date.
Uninvested Proceeds means, at any time on or prior to the Determination Date prior to the September 2007 Distribution Date, the net proceeds received by the Issuer on the Closing Date from the initial issuance of the Notes and Preference Shares and any principal collections on the Underlying Assets received on or prior to the Closing Date, to the extent such proceeds have not theretofore been invested in Underlying Assets or deposited in the Expense Account.
Uninvested Proceeds means at any time, the net proceeds received by the Issuer on the Closing Date from the initial issuance of the Notes and the Preference Shares, to the extent such proceeds (i) have not been deposited in the Expense Account or the Reserve Account or (ii) are not subject to a binding commitment to invest, or have not been invested in, Collateral Debt Securities, in each case in accordance with this Indenture.
Uninvested Proceeds means, at any time, the net proceeds received by the Issuer on the Closing Date from the initial issuance of the Notes, or on any Supplemental Closing Date from the issuance of additional Notes on such date, to the extent such proceeds have not been (i) invested in Underlying Assets or (ii) designated on or after the Closing Date as Interest Proceeds pursuant to clause (viii) or (ix) of the definition of “Interest Proceeds.”