Further Notes definition

Further Notes means any additional Notes forming part of a Further Tranche of a Series of Notes issued by the Issuer on the same terms and conditions as existing Notes and Further Notes shall be consolidated and form a single Series with such existing Notes of the same Series under the conditions, rules and procedures applicable to the relevant clearing system, respectively the relevant CSD Rules;

Further Notes means any notes issued in accordance with Condition 1(c) as amended by paragraph 8 (Further Notes) to form a single class and a single series with the Notes (and any Further Notes previously issued);

Further Notes means the further vendor financing notes which the Issuer will be entitled, at its option and without the consent of the Noteholders, to issue, having the same terms and conditions (except as to issue date and initial interest paid in respect of their first interest period) as, and being fungible with, the Notes.

Examples of Further Notes in a sentence

• Unless otherwise provided in the Constituting Instrument, such security shall extend to the obligations of the Issuer under any Further Notes (as defined in Condition 16) (and the Receipts and Coupons (if any) appertaining thereto) issued in accordance with Condition 16 and consolidated and forming a single Series with this Series.

• Further Notes: All scanned images must be in open flat form and can be viewed with virtually any imaging or viewing software.

• The Issuer may not, without the consent of the Noteholders by Extraordinary Resolution, issue any separate Series of Notes (other than Further Notes, as described above) which are secured on the assets comprised in the Collateral for the Notes of this Series except as otherwise specified (and then only to the extent so specified) in the Constituting Instrument relating to the Notes.

• Therefore in certain circumstances, including where the Security for the Notes (and any Further Notes) becomes enforceable, there may be a significant delay in payments under the Notes and / or it may be impossible to transfer the Charged Assets as a means of realising their value.

• The property and other assets described above securing the obligations of the Issuer under the Notes (and any Further Notes) and the Receipts and Coupons (if any) appertaining thereto are herein collectively referred to as the “Collateral”.

More Definitions of Further Notes

Further Notes means any notes issued by the Issuer apart from the Series 20 but only if the Investment Manager agrees in writing (in its sole discretion) that such notes may reference the Portfolio hereunder and provided that the Investment Manager and the Swap Counterparty have agreed to the related management fees.

Further Notes means any further Notes issued pursuant to Condition 18 and consolidated and forming a single series with the then outstanding Notes.

Further Notes means any further bonds, notes or debentures issued in accordance with the provisions of Clause 6 and constituted by a deed supplemental to this Trust Deed;

Further Notes means any further Notes issued pursuant to Condition 18 and consolidated and forming a single series with the then outstanding Notes;

Further Notes means any bonds or notes of the Issuer constituted in relation to a deed supplemental to this Principal Trust Deed pursuant to Clause 2.3 (Further Issues) and for the time being outstanding or, as the context may require, a specific number thereof and includes any global bond, note or evidence of indebtedness which has not for the time being been exchanged for such bonds or notes and any replacement bonds or notes issued pursuant to Condition 13 (Replacement of Notes and Coupons);

Further Notes means any notes of each class and each series of floating rate asset backed notes issued by Driver UK Multi-Compartment S.A., acting for and on behalf of its Compartment Private Driver UK 2020-1 on any Further Issue Date with a maximum total nominal amount of GBP 1,000,000,000.

Further Notes means any notes of each class and each series of floating rate asset backed notes issued by Driver UK Master S.A., acting for and on behalf of its Compartment 2 on any Further Issue Date with a maximum total nominal amount of GBP 10,000,000,000.