Initial Charged Assets definition

Initial Charged Assets means the initial Charged Assets for a Secured Series as specified in the Issue Terms.

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Initial Charged Assets has the meaning ascribed to it in the Conditions of the Notes. “Initial Notional Amount” means an amount equal to the Fixed Rate Calculation Amount. “JGB Charged Assets” has the meaning ascribed to it in the Conditions of the Notes.

Initial Charged Assets means a principal amount of GBP 638,981,000 of Class A4 Asset Backed Floating Rate Notes due 12 August 2049 issued by the Bracken Issuer (ISIN: XS0325266913; Common Code: 032526691).

Examples of Initial Charged Assets in a sentence

The Charged Assets comprise the Initial Charged Assets or any Replacement Charged Assets (each, as defined below), as may be adjusted from time to time pursuant to the provisions below in respect of the Charged Agreement.
It is a condition precedent to Party A’s obligation to deliver and/or transfer the Initial Charged Assets and to pay any Party A Payments that Party B has paid the Initial Exchange Amount on the Issue Date.
On the Issue Date, Party B shall pay to Party A JPY 1,000,000,000 (the “Initial Exchange Amount”) and Party A shall deliver and/or transfer to, or to the order of, Party B the Initial Charged Assets (free and clear of all charges, liens and other encumbrances but together with the benefit of all rights and entitlements attaching thereto at any time after the date of delivery).
The principal amount of any non-USD denominated Initial Charged Assets for the purposes of Condition 4(b)(iii)(B) will be calculated on the basis of the spot rate for conversion of the relevant currency into USD on the Issue Date, as determined by the Calculation Agent by reference to such sources as the Calculation Agent determines to be appropriate.
The principal amount of any non-EUR denominated Initial Charged Assets for the purposes of Condition 4(b)(iii)(B) will be calculated on the basis of the spot rate for conversion of the relevant currency into EUR on relevant substitution date, as determined by the Calculation Agent by reference to such sources as the Calculation Agent determines to be appropriate.
The Charged Assets comprise the Initial Charged Assets or any Replacement Charged Assets (each, as defined below), as may be adjusted from time to time pursuant to the provisions below relating to operation of the Credit Support Annex in respect of the Charged Agreement.

More Definitions of Initial Charged Assets

Initial Charged Assets. , with respect to a Series, means the Charged Assets initially held by or on behalf of the Issuer as specified in the relevant Constituting Instrument.

Initial Charged Assets has the meaning ascribed to it in the Conditions of the Notes.

Initial Charged Assets means a principal amount of GBP100,000 of Class A4 Asset Backed Floating Rate Notes due 12 August 2049 issued by the Bracken Issuer (ISIN: XS0325266913; Common Code: 032526691).

Initial Charged Assets means the Tranche 1 Initial Charged Assets and the Tranche 2 Initial Charged Assets.