Issuer Available Funds definition

Issuer Available Funds means an amount calculated on each Issuer Determination Date, without double counting:
Issuer Available Funds means, in respect of any Payment Date, the aggregate of:
Issuer Available Funds means (i) as of each Calculation Date prior to the service of an Issuer Acceleration Notice, the aggregate of all Interest Available Funds and all Principal Available Funds and (ii) as of each Calculation Date following the service of an Issuer Acceleration Notice, the aggregate of the amounts received or recovered by or on behalf of the Issuer or the Representative of the Noteholders in respect of the Claims, the Note Security and the Issuer’s Rights under the Transaction Documents (but excluding the Collateral (if any)).

Examples of Issuer Available Funds in a sentence

  • Should such a sale of the Portfolios take place, the proceeds of such sale shall be treated by the Issuer as the Issuer Available Funds and as from the immediately subsequent Payment Date shall be applied to payments due to be made by the Issuer according to the Acceleration Order of Priority.

  • Although farmers can set the price when selling their wool to buyers such as traders and processors, buyers are often informed about the price they are willing to pay given the quality of wool.

  • A vast majority of respondents agreed that in order to prevent such leakage, a global carbon pricing mechanism would be needed, as this would ensure a level playing field for businesses across the globe.

  • Upon the Enforcement Conditions being fulfilled the following applies: if the Issuer Available Funds, subject to the Acceleration Priority of Payments, are ultimately insufficient to pay in full all amounts whatsoever due to any Noteholder and all other claims ranking pari passu to the claims of such Noteholders pursuant to the Acceleration Priority of Payments, the claims of such Noteholders against the Issuer will be limited to their respective share of such remaining Issuer Available Funds.

  • The Enforcement Proceeds arising from the Security form part of the Issuer Available Funds which are distributed in accordance with the Acceleration Priority of Payments.


More Definitions of Issuer Available Funds

Issuer Available Funds means, in respect of any Payment Date, the aggregate of the Interest Available Funds and the Principal Available Funds.
Issuer Available Funds means, on any Payment Date, the aggregate of:
Issuer Available Funds means the BPB Available Funds and/or the CRO Available Funds and/or the Available Funds (as the context requires). AVAILABLE FUNDS Means, in respect of each Payment Date, on which the Acceleration Orderof Priority applies, the aggregate of:
Issuer Available Funds means, in respect of any Loan Interest Payment Date and the immediately following Bond Interest Payment Date, the aggregate of:
Issuer Available Funds means, on each Calculation Date and in respect of the immediately following Interest Payment Date, an amount equal to the sum of:
Issuer Available Funds means, with reference to each Interest Payment Date, the amount calculated as at the relevant Calculation Date, being the sum of:
Issuer Available Funds means, together, the Interest Available Funds and the Principal Available Funds. For the avoidance of doubt, following the delivery of a Trigger Notice, the Issuer Available Funds, in respect of any Payment Date, shall also comprise any other amount standing to the credit of the Accounts.