Funding Note definition

Funding Note has the meaning set forth in Part F of the Series Instrument.

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Funding Note has the meaning ascribed in the Funding Note Indenture.

Funding Note means the note issued by Global Funding and authenticated by the Funding Note Indenture Trustee under the Funding Note Indenture in an authorized denomination and represented by the Funding Note Certificate.

Examples of Funding Note in a sentence

All amounts due in respect of the Funding Note will be made without withholding or deduction for or on account of any present or future taxes, duties, levies, assessments or other governmental charges of whatever nature imposed or levied by or on behalf of any governmental authority in the United States having the power to tax payments on the Funding Note unless the withholding or deduction is required by law.
All the covenants, stipulations, promises and agreements in the Funding Note Indenture contained by or in behalf of Global Funding shall bind its successors and assigns, whether so expressed or not.
The Funding Note constitutes a direct, unconditional, unsubordinated and secured non-recourse obligation of Global Funding.
Unless otherwise specified in the Funding Note Certificate, Global Funding will not pay any Additional Amounts to the Holders of the Funding Note in the event that any withholding or deduction is so required by law, regulation or official interpretation thereof, and the imposition of a requirement to make any such withholding or deduction will not give rise to any independent right or obligation to redeem or repay the Funding Note and shall not constitute an Event of Default.
The Funding Note Indenture Trustee shall not be obligated to make any such sale pursuant to any such notice.

More Definitions of Funding Note

Funding Note means the funding note issued by Global Funding and authenticated by the Funding Note Indenture Trustee under the Funding Note Indenture, in an authorized denomination and represented by the Funding Note Certificate.

Funding Note. A debt obligation representing all or a portion of the “regular interest” in a REMIC, which obligation is secured by Underlying GSE Securities or GNMA-Related Securities and provides for ▇▇▇▇▇▇▇ Mac to receive payments on such Underlying GSE Securities or GNMA-Related Securities in such amounts as are necessary to amortize the principal amount of, and pay accrued interest on, such debt obligation.

Funding Note the meaning specified in Section 2.1.

Funding Note means that certain $17,000,000 12% Senior Secured Note Due March 17, 2005 and Indenture by and between TWG International, as issuer and U.S. Trust Company of Texas, N.A., a Trustee, in the form set forth in the Funding Note Indenture.

Funding Note means that certain $17,000,000.00 12% Senior Secured Note due March 17, 2005, Series 1998 as issued by TWG International, as issuer and U.S. Trust Company of Texas, N.A. as Trustee in the form set forth on the Funding Note Indenture, together with any Additional Securities issued pursuant to the terms of that certain Funding Note Indenture, as supplemented.

Funding Note means each funding note issued by the Trust and sold to an Issuing Trust in connection with the Trust's Program.

Funding Note means TWG International 12% Senior Secured Notes in the sum of $17,000,000 Due March 2005.