Permitted Securitisation Proceeds definition
Permitted Securitisation Proceeds means the cash consideration received by any member of the Group (including any amount received in repayment of intercompany debt) in each case after the date of this Agreement from any Permitted Securitisation (other than any consideration received from (x) a Permitted Securitisation under a programme which exists on the date of this Agreement; or (y) any rollover or extension of such a Permitted Securitisation or a Permitted Securitisation between members of the Group, in each case in an amount not greater than the commitments under such Permitted Securitisation at the date of this Agreement) after deducting:
Permitted Securitisation Proceeds means the cash consideration received by any member of the Group (including any amount received in repayment of intercompany debt) in each case after the date of this Agreement from any Permitted Securitisation (other than a Permitted Securitisation under a programme which exists on the date of this Agreement or a rollover or extension of such a Permitted Securitisation or any Permitted Securitisation between members of the Group) after deducting:
Permitted Securitisation Proceeds means the cash consideration received by any member of the Group (including any amount received in repayment of intercompany debt) in each case after the date of this Agreement from any Permitted Securitisation (other than any consideration received from (x) a Permitted Securitisation under a programme which exists on the date of this Agreement; or (y) any rollover or extension of such a Permitted Securitisation or a Permitted Securitisation between members of the Group, in each case in an amount which (when aggregated with the commitments under all other Permitted Securitisations) is not greater than the commitments under all Permitted Securitisations as at the original date of the 2009 Financing Agreement) after deducting:
Examples of Permitted Securitisation Proceeds in a sentence
The definition of “Excluded Fundraising Proceeds” in Clause 13.1 (Disposal, Permitted Fundraising and Permitted Securitisation Proceeds and Excess Cashflow) shall be amended by deleting the word “upon” in each of paragraphs (i) and (ii) and replacing it with the words “as soon as reasonably practicable (and in any event within 90 days) following”.