Base Rate Modification Certificate definition

Base Rate Modification Certificate has the meaning given to it in Condition 13 (Meetings of Holders of the Covered Bonds, Modification and Waiver);
Base Rate Modification Certificate means the certificate that the Security Trustee receives from the Issuer, certifying to the Security Trustee what is set out in Condition ‎4.5 (Alternative Base Rate).
Base Rate Modification Certificate means the certificate described in Condition 15;

Examples of Base Rate Modification Certificate in a sentence

  • Among other things, the Servicer, on behalf of the Issuer, and/or any other relevant Transaction Party must certify, by way of a Modification Certificate or a Base Rate Modification Certificate, as applicable, that the modification is required for its stated purpose.

  • Notwithstanding paragraph (d)(i) above, no Base Rate Modification will become effective if, within 30 days of the delivery of the Base Rate Modification Certificate, (i) the Swap Counterparty does not consent to Base Rate Modification (ii) or Class A Noteholders representing at least 10 per cent.

  • The Cash Manager shall not incur any liability to the Issuer, the Noteholders, the Security Trustee or any other person in acting or relying on such advice and/or providing any Base Rate Modification Certificate to the Security Trustee.

  • In accordance with clause 22.2 of the Trust Deed and Condition 12.4(c) (Meetings of Noteholders, Modification and Waiver) of Schedule 2 to the Trust Deed, the Cash Manager may either (i) determine a Base Rate Modification or (ii) appoint an investment bank or advisory firm appointed as expert to advise on a Base Rate Modification (including in relation to a Base Rate Modification Certificate).

  • Consultants should be included if they meet this definition.A biosketch, including Research Support information, will be required for Senior/key Personnel and OSCs, as this highlights their relevant accomplishments.

  • Notwithstanding Condition7.3(b) above, no Base Rate Modification will become effective if within 30 days of the delivery of the Base Rate Modification Certificate, (i) the Swap Counterparty does not consent to Base Rate Modification or (ii) Class C Noteholders representing at least 10% of the Aggregate Outstanding Note Principal Amount of the Class C Notes have notified the Issuer in writing that they do not consent to the Base Rate Modification (a " Noteholder Base Rate Consent Event").

  • Without prejudice to the obligations of the Issuer under this Condition 13.02(c)(iv), SARON and the temporary fallback provisions provided for in Condition 5.03 will continue to apply unless and until the Bond Trustee has received the SARON Base Rate Modification Certificate in accordance with this Condition 13.02(c)(iv).

  • Notwithstanding Condition 5.3(c)above, no Base Rate Modification will become effective if within thirty (30) days of the delivery of the Base Rate Modification Certificate, (i) the Swap Counterparty does not consent to Base Rate Modification or (ii) Noteholders representing at least 10 per cent.

  • Without prejudice to the obligations of the Issuer under this Condition 13.2(c)(iii), SARON and the temporary fallback provisions provided for in Condition 5.03 will continue to apply unless and until the Bond Trustee has received the SARON Base Rate Modification Certificate in accordance with this Condition 13.2(c)(iii).


More Definitions of Base Rate Modification Certificate

Base Rate Modification Certificate means the certificate provided by the Servicer, on behalf of the Issuer, pursuant to Condition 11(E)(7) (Additional Right of Modification) of the Conditions;

Related to Base Rate Modification Certificate

  • Participation Certificate means the original participation certificate, if any, that was executed and delivered in connection with a Participation Interest.

  • Perfection Certificate Supplement means a certificate supplement in the form of Exhibit L-2 or any other form approved by the Collateral Agent.

  • Borrowing Certificate means a Borrowing Certificate substantially in the form of Exhibit A.

  • Allocation Certificate shall have the meaning set forth in Section 5.20.

  • Fixed Rate Certificate A Certificate that provides for a payment of interest at a Fixed Pass-Through Rate.

  • Swing Line Loan Participation Certificate a certificate substantially in the form of Exhibit H.

  • Credit Note means a document issued by a registered person under sub-section (1) of section 34;

  • Information Certificate means the Information Certificate of Borrower constituting Exhibit A hereto containing material information with respect to Borrower, its business and assets provided by or on behalf of Borrower to Lender in connection with the preparation of this Agreement and the other Financing Agreements and the financing arrangements provided for herein.

  • Perfection Certificate means a certificate in the form of Exhibit H hereto or any other form reasonably approved by the Collateral Agent, as the same shall be supplemented from time to time.

  • Revolving Note means a promissory note of the Borrower payable to a Lender in substantially the form of Exhibit 11.1(d) hereto, evidencing Indebtedness of the Borrower under the Revolving Loan Commitment of such Lender.

  • Credit certificate means a certificate issued by the allocating agency to a taxpayer that specifies the amount of affordable housing tax credits that can be applied against the taxpayer’s individual or corporate income tax, or franchise, captive insurance premium, or insurance premium tax liability as provided in this subchapter.

  • Completion Certificate means the certificate to be issued by the Engineer-In- Charge when the work/s has been completed to his satisfaction as per terms of the contract.

  • Cross-Series Modification means a modification involving (i) the Bonds or any agreement governing the issuance or administration of the Bonds, and (ii) the debt securities of one or more other series or any agreement governing the issuance or administration of such other debt securities.

  • Perfection Certificates is defined in Section 5.1.

  • Borrower’s Certificate means a certificate, certifying as to the matters set forth therein, signed on behalf of the Borrower by an authorized signatory having primary responsibility with respect to the matters set forth therein.

  • Option Certificate means the certificate, substantially in the form set out as Schedule “A” hereto, evidencing an Option;

  • Borrowing Base Certificate means a certificate, signed and certified as accurate and complete by a Financial Officer of the Borrower Representative, in substantially the form of Exhibit H or another form which is acceptable to the Administrative Agent in its sole discretion.

  • Loan Modification Agreement means a Loan Modification Agreement, in form reasonably satisfactory to the Administrative Agent, among the Borrower, the Administrative Agent and one or more Accepting Lenders, effecting one or more Permitted Amendments and such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.24.

  • Modified Restructuring Maturity Limitation Date means with respect to a Reference Obligation, the date that is the later of (x) the Scheduled Maturity Date of the Notes and (y) 60 months following the Restructuring Date in the case of a Restructured Bond or Loan, or 30 months following the Restructuring Date in the case of all other Reference Obligations.

  • Floating Rate Certificate A Certificate that provides for the payment of interest at a Floating Pass-Through Rate determined periodically by reference to a formula specified in the related Supplement.

  • Satisfaction Certificate means the certificate materially in the form of the document contained in Call Off Schedule 5 (Testing) granted by the Customer when the Supplier has Achieved a Milestone or a Test;

  • Incremental Facility Agreement means an Incremental Facility Agreement, in form and substance reasonably satisfactory to the Agent and the Borrower, among the Borrower, the Agent and one or more Incremental Lenders, establishing Incremental Commitments and effecting such other amendments hereto and to the other Loan Documents as are contemplated by Section 2.18.

  • debit note means a document issued by a registered person under sub-section (3) of section 34;

  • Contract Modification means any changes in the terms or provisions of the Contract which are reduced to writing and fully executed by both parties.

  • Borrower Joinder Agreement means a Borrower Joinder Agreement substantially in the form of Exhibit B-1.

  • Interest Rate Agreement means with respect to any Person any interest rate protection agreement, interest rate future agreement, interest rate option agreement, interest rate swap agreement, interest rate cap agreement, interest rate collar agreement, interest rate hedge agreement or other similar agreement or arrangement as to which such Person is party or a beneficiary.