Examples of Issuer Share in a sentence
The Issuer shall pay the proceeds of the issue of the Notes to the Mortgages Trustee in satisfaction of the Issuer’s Initial Contribution to the Mortgages Trustee for the Issuer Share of the Trust Property pursuant to the terms of the Mortgages Trust Deed.
The Issuer shall pay the proceeds of the issue of the Notes to the Mortgages Trustee in satisfaction of the Issuer’s Initial Contribution to the Mortgages Trustee for the Issuer Share of the Trust Property.
The Trust Property Cash Manager will cause each determination of Principal Receipts, Revenue Receipts, Losses, Mortgages Trustee Available Revenue Receipts, Mortgages Trustee Available Principal Receipts, the Issuer Share, the Seller Share, the Issuer Share Percentage, the Seller Share Percentage, the Issuer Revenue Share, the Seller Revenue Share and the Minimum Seller Share, to be notified forthwith to the Mortgages Trustee, the Beneficiaries and the Security Trustee.
The Trust Property Cash Manager shall ensure that the Issuer Share and the Issuer Share Percentage of the Trust Property, the Seller Share and the Seller Share Percentage of the Trust Property and the Basis Rate Swap Shortfall Amount are recorded in the Issuer Share/Seller Share Ledger on the Closing Date and thereafter on each Trust Calculation Date.
On such exercise in accordance with the terms of such options, the Resulting Issuer shall cause to be issued and delivered to the holders of such options, the Resulting Issuer Shares deliverable to such holders on the basis of one Resulting Issuer Share for each Resulting Issuer Stock Option that is exercised.
The Proposed Transaction will have a deemed price of $0.50 per Resulting Issuer Share.
If a Loss is sustained on a Mortgage Loan during a Trust Calculation Period then the Issuer Share shall be reduced on the Trust Calculation Date immediately succeeding such Trust Calculation Period by an amount equal to the amount of such Loss multiplied by the Current Issuer Share Percentage in relation to the Trust Calculation Period in which the Loss occurred.
Notwithstanding the provisions of Clauses 2.1 and 4.1, amounts shall only be withdrawn from an Issuer Transaction Account and/or the Issuer Share Capital Account to the extent that such withdrawal does not cause the relevant Issuer Account to become overdrawn.
Each Broker Warrant entitles the holder thereof to acquire one Resulting Issuer Share (as defined herein)(a “Broker Warrant Share”) at a price of $0.40, subject to adjustment as provided in the Broker Warrant certificate, for a period of 24 months commencing upon satisfaction of the Escrow Release Conditions.
Any fractional interest in a Resulting Issuer Share will be rounded down to the next lowest number of whole Resulting Issuer Shares and no consideration will be paid in respect of such fractional Resulting Issuer Share.