Initial Seller Share definition

Initial Seller Share means the share of the Seller in the Trust Property on the Initial Closing Date being an amount equal to approximately (GBP)232,000,000;
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Initial Seller Share means the share of the Seller in the Trust Property on the Initial Closing Date being an amount equal to approximately {pound-sterling}232,000,000;
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Initial Seller Share. The "Initial Seller Share" of the Trust Property shall be the sum which remains of the Trust Property after deduction of the Initial Funding Share. The Initial Seller Share of the Trust Property will be (GBP)13.39 at the date of this Deed and (GBP)232,000,000 at the Initial Closing Date and the "Initial Seller Share Percentage" shall be equal to 100 per cent. minus the Initial Funding Share Percentage, that is to say, 13.39 per cent. The amount of the Initial Seller Share and the Initial Seller Share Percentage on the Initial Closing will be determined immediately after the Initial Closing Date. References herein to the "Seller Share" shall mean, prior to the first Distribution Date, the Initial Seller Share and thereafter shall mean the Current Seller Share (as defined below).
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Examples of Initial Seller Share in a sentence

  • The Initial Seller Share Percentage on the Initial Closing Date was the Initial Seller Share on the Initial Closing Date expressed as a percentage of the Aggregate Principal Balance of the Loans comprising the Initial Closing Trust Property.

  • The amount of the Initial Seller Share and the Initial Seller Share Percentage on the Initial Closing Date was notified in writing by the Mortgages Trustee to the Seller and the other Beneficiaries immediately thereafter.

  • Administrators will be posted in surgeries to make sure that any GPs with higher levels of referrals to hospital are forced to reduce to the 'right size' (as judged by the people in charge of the NHS's money)• More GPs will be encouraged to give up their independent practices and move into big expensive hubs, where they will be paid on salary rather than being self-employed.

  • The Initial Seller Share was the sum which remained of the Trust Property at the Initial Closing Date after deduction of the Initial Funding Share.

  • The Initial Seller Share was £nil as at the date of the Existing Mortgages Trust Deed and, on the Initial Closing Date (after the Initial Closing Trust Property had been transferred to the Mortgages Trustee on the Initial Closing Date), was the Aggregate Principal Balance of the Loans comprising the Initial Closing Trust Property minus the Initial Funding 1 Share as at that date.

  • The Initial Seller Share on the Initial Closing Date (after the Initial Closing Trust Property had been transferred to the Mortgages Trustee on the Initial Closing Date) was the Aggregate Principal Balance of the Loans comprising the Initial Closing Trust Property minus the Initial Funding 1 Share as at that date.

  • CREATION OF MORTGAGES TRUST 2.1 Initial Trust Property On 25 July 2000, Wilmington Trust SP Services (London) Limited (formerly known as SPV Management Limited) settled on trust the sum of £100 (the Initial Trust Property) to be held on trust absolutely as to both capital and income by the Mortgages Trustee for the benefit, as tenants in common, of the Seller as to the Initial Seller Share Percentage and Funding as to the Initial Funding Share Percentage.

  • The Initial Seller Share of the Trust Property will be calculated by the Trust Property Cash Manager and notified in writing to the Mortgages Trustee, the Issuer and the Seller.

  • The Initial Seller Share Percentage shall be equal to 100 per cent.

  • On 25 July 2000, Wilmington Trust SP Services (London) Limited (formerly known as SPV Management Limited) settled on trust the sum of £100 (the Initial Trust Property) to be held on trust absolutely as to both capital and income by the Mortgages Trustee for the benefit, as tenants in common, of the Seller as to the Initial Seller Share Percentage and Funding as to the Initial Funding Share Percentage.


More Definitions of Initial Seller Share

Initial Seller Share means the share of the Seller in the Trust Property on the Initial Closing Date being an amount equivalent to (pound)[4,143,214,202.63];
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Related to Initial Seller Share

  • Seller Shares means all shares of Common Stock of the Company owned as of the date hereof or hereafter acquired by a Common Holder, as adjusted for any stock splits, stock dividends, combinations, subdivisions, recapitalizations and the like.

  • Seller’s Share of any amount means the greater of: (a) $0 and (b) such amount minus the product of (i) such amount multiplied by (ii) the Purchased Interest.

  • BIDDER/Seller which expression shall mean and include, unless the context otherwise requires, his successors and permitted assigns) of the second part.

  • Purchaser/ User means ultimate recipient of goods and services

  • Sale Date means the date that the Bonds are awarded by the District to the winning bidder.

  • Additional Purchased Assets shall have the meaning set forth in Subsection 3(a).

  • Initial Securities As defined in the preamble hereto.

  • Initial Servicer means CarMax.

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Retail seller means any person that sells any dangerous drug to consumers without assuming control over and responsibility for its administration. Mere advice or instructions regarding administration do not constitute control or establish responsibility.

  • The Purchaser means the organization purchasing the Goods, as named in SCC.

  • Initial Shareholders means the Sponsor, the Directors and officers of the Company or their respective affiliates who hold shares prior to the IPO;

  • Purchaser means the organization purchasing the goods.

  • Initial Shares means a number of Registrable Securities equal to the lesser of (i) the total number of Registrable Securities and (ii) one-third of the number of issued and outstanding shares of Common Stock that are held by non-affiliates of the Company on the day immediately prior to the filing date of the Initial Registration Statement.

  • Other Sellers shall have the meaning set forth in Section 10.4.

  • Selling Shareholder has the meaning set forth in Section 3.04(a).

  • U.S. Purchaser is (a) any U.S. Person that purchased Units, (b) any person that purchased Units on behalf of any U.S. Person or any person in the United States, (c) any purchaser of Units that received an offer of the Units while in the United States, (d) any person that was in the United States at the time the purchaser’s buy order was made or the subscription agreement for Units was executed or delivered;

  • Seller has the meaning set forth in the Preamble.

  • Other Selling Stockholders means persons other than Holders who, by virtue of agreements with the Company, are entitled to include their Other Shares in certain registrations hereunder.

  • Selling Stockholder means any Stockholder owning Registrable Shares included in a Registration Statement.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Additional Purchased Securities Securities provided by Seller to Buyer pursuant to Paragraph 4(a) hereof;

  • Option Closing Purchase Price shall have the meaning ascribed to such term in Section 2.2(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Net Purchased Loan Balance means, as of any date of determination, an amount equal to the sum of (i) the Aggregate Principal Balance of all Collateral Obligations sold and/or contributed to the Buyer by the Seller (directly or indirectly) hereunder prior to such date plus (ii) the Aggregate Principal Balance of all Collateral Obligations acquired by the Buyer other than from the Seller prior to such date, in each case calculated as of the date of the Buyer’s acquisition thereof.

  • Mortgage Loan Purchase Price The price, calculated as set forth in Section 10.01, to be paid in connection with the repurchase of the Mortgage Loans pursuant to Section 10.01.

  • Seller Entities means, collectively, Seller and all Seller Subsidiaries.