Definition of Issuer Post-Enforcement Priority of Payments


Issuer Post-Enforcement Priority of Payments means the provisions relating to the order of priority of payments set out in Schedule 2 (Issuer Post-Enforcement Priority of Payments) to the First Supplemental Issuer Deed of Charge;
Sample 1

Examples of Issuer Post-Enforcement Priority of Payments in a sentence

All such remuneration shall be payable in accordance with the Eighth Issuer Pre-Enforcement Revenue Priority of Payments or, as the case may be, the Eighth Issuer Post-Enforcement Priority of Payments.
The Trustee shall give notice to the Noteholders in accordance with Condition 17 (Notices to Noteholders) of the day fixed for any payment to them under Clause 13 (Issuer Post-Enforcement Priority of Payments) of the Issuer Deed of Charge.
If the amount of the moneys at any time available for the payment of principal and interest in respect of the Notes under Clause 13 (Issuer Post-Enforcement Priority of Payments) of the Issuer Deed of Charge shall be less than 10 per cent.