PEX definition

PEX means cross-linked polyethylene pipe.

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PEX means cross-linked polyethylene

PEX means a definitive Plan of Exchange negotiated by --- parties to this Agreement and filed with the respective state governments of the Parties.

Examples of PEX in a sentence

• At the request of the Holder of Class PEX Certificates, and upon the surrender of such Exchangeable Certificates, the Certificate Administrator, shall exchange such Exchangeable Certificates for Class A-S, Class B and Class C Certificates in the Exchange Proportion and with an original aggregate Certificate Principal Balance equal to the original aggregate Certificate Principal Balance of the Class PEX Certificates exchanged therefor.

• The Class A-S, Class B, Class C, Class PEX and Class V Certificates shall each represent undivided beneficial interests in the portion of the Grantor Trust consisting of the assets set forth opposite such Class in the following table, in each case as described herein.

• The initial Certificate Principal Balance of the Class PEX Certificates listed is equal to the aggregate of the initial Certificate Principal Balances of the Class A-S, B and C Certificates and represents the maximum Certificate Principal Balance of the Class PEX Certificates that could be issued in an exchange.

• The rights of the Holders of the Class A-S, Class B, Class C, Class PEX and Class V Certificates to receive distributions from the related proceeds of the Grantor Trust Pool, and all ownership interests of such Holders in and to such distributions, shall be as set forth in this Agreement.

• The Trustee, by its execution and delivery hereof, acknowledges the assignment to it of the assets of the Grantor Trust Pool and declares that it holds and will hold such assets in trust for the exclusive use and benefit of all present and future Holders of the Class A-S, Class B, Class C, Class PEX and Class V Certificates, as applicable.

• With respect to the Class A-S, Class B, Class C, Class PEX and Class V Certificates, if the Tax Administrator receives notice that any such Certificate is held through a nominee, the Tax Administrator will treat such nominee as the “middleman” with respect to such certificate unless it has actual knowledge to the contrary or the Depositor provides the Tax Administrator with the identities of other “middlemen” that are Certificateholders.

• With respect to the Class A-S, Class B, Class C and Class PEX Certificates, the Tax Administrator is hereby directed to assume that DTC is the only “middleman” as defined by the WHFIT Regulations unless the Depositor provides the Tax Administrator with the identities of other “middlemen” that are Certificateholders.

• The following table irrevocably sets forth the Class Designation, Pass-Through Rate and initial Class Principal Balance for each Class of Certificates, the Class PEX Components and the Class A-S Regular Interest, Class B Regular Interest and Class C Regular Interest.

• Issuance of the Class A-S, Class B, Class C, Class PEX and Class V Certificates.

• The Class A-S, Class B, Class C and Class PEX Certificates shall each represent undivided beneficial interests in the portion of the Grantor Trust consisting of the assets set forth opposite such Class in the following table, in each case as described herein.

More Definitions of PEX

PEX or “PEx+ Payment Service” means the mobile point of sale service which allows the Customer to conduct payment transaction through Connect Mobile and/or Connect Tablet application on a smart phones and/or tablet at a PEx+ Terminal or via a Designated Website.

PEX means Payment Express, a service by which you request HLBB/HLISB to make available a payment for the Payee to collect via PEx Internet Collection or PEx ATM Collection.

PEX means the arithmetic average of the first five Creval share official “ex diritto” prices registered on Mercato Telematico Azionario, organised and managed by Borsa Italiana S.p.A., i.e. from 26 to 30 May 2014 (unless Creval shares are not suspended from trading on Mercato Telematico Azionario).

PEX means cross-linked polyethylene tubing;