Pre-Enforcement Payments Priorities definition

Pre-Enforcement Payments Priorities means, in relation to a Series, the provision relating to the order of priority of payments of the Issuer prior to the delivery of an Issuer Enforcement Notice as set out in the Note Trust Deed;
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Pre-Enforcement Payments Priorities means the Pre-Enforcement Interest Payment Date Principal Payments Priorities and the Pre-Enforcement Interest Payment Date Revenue Payments Priorities;
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Pre-Enforcement Payments Priorities means the Pre-Enforcement Revenue Payments Priorities and the Pre-Enforcement Principal Payments Priorities;
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Examples of Pre-Enforcement Payments Priorities in a sentence

  • Prior to enforcement of the Issuer Security by the Issuer Security Trustee, the Cash Manager, on behalf of the Issuer, is required to apply funds available to the Issuer in accordance with the Issuer Pre-Enforcement Payments Priorities (as set out in the Issuer STID).

  • Such amounts shall be applied in accordance with the Pre-Enforcement Payments Priorities as Available Principal Funds to the extent necessary to redeem the Notes in full, and any excess shall be applied as Available Revenue Funds.The occurrence of the Portfolio Purchase, the Issuer Call Option or the Reserve Release Date will lead to a reduction in the average weighted life of the Notes.

  • Use of the Expense Reserve Account: Monies deposited in the Expense Reserve Accountwill only be used in relation to payments due under items (a) through (c) in the Pre-Enforcement Payments Priorities and items (a) and (b) in the Post-Enforcement Payments Priorities.

  • Available Funds To the extent that the Available Issuer Revenue and Available Issuer Principal are sufficient on any Calculation Date, they shall be paid on the immediately following Interest Payment Date to the persons entitled thereto (or a relevant provision made) in accordance with the relevant Pre-Enforcement Payments Priorities.

  • For 2016 the meal allowance is R5 500 for 10 months and R1 500 book allowance (all students receive tablets).

  • In particular, all payments of interest, and all payments of principal in respect of the Class A Notes are higher in the Pre-Enforcement Payments Priorities than those in respect of the Class B Notes.

  • Except as is otherwise stated below, such risk factors are generally applicable to all Classes of Notes, although the degree of risk associated with each class of Notes will vary in accordance with the position of such class of Notes in the Pre-Enforcement Payments Priorities.

  • Replenishment of Cash Reserve Account: On each Interest Payment Date, to the extent that moneysare available for the purpose, further amounts (if required) will be credited to the Cash Reserve Account in accordance with the Pre-Enforcement Payments Priorities until the amount standing to the credit thereof equals the Cash Reserve Account Required Balance.


More Definitions of Pre-Enforcement Payments Priorities

Pre-Enforcement Payments Priorities means the provisions relating to the order of priority of payments set out in the paragraph so headed in Schedule 1 to the Transaction Management Agreement;
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Related to Pre-Enforcement Payments Priorities

  • Post-Enforcement Priority of Payments means the order of priority pursuant to which the Guarantor Available Funds shall be applied on each Guarantor Payment Date, following the delivery of a Guarantor Default Notice, in accordance with the Intercreditor Agreement.

  • law enforcement means the prevention, detection or investigation of terrorist offences or other serious criminal offences;

  • Law enforcement unit means an individual office, department, division, or other component of an education agency or institution that is officially authorized or designated by that agency or institution to (1) enforce laws or refer matters of law enforcement to appropriate authorities, or (2) maintain the physical security and safety of the agency or institution.

  • Enforcement Costs means court expenses, reasonable attorney fees of the attorney general, and other reasonable expenses of an executive department that are incurred in relation to enforcement under this part.

  • Local law enforcement agency means the police of a city, town, village or other incorporated area or the sheriff of an unincorporated area or any sworn officer of the Illinois Department of State Police.

  • Support enforcement agency means a public official or agency authorized to seek:

  • Law enforcement agency means an agency of the state, or of a county, municipality, or other political subdivision of the state, that employs peace officers who make traffic stops in the routine performance of the officers' official duties.

  • First Priority Obligations means, collectively, (i) the Credit Agreement Secured Obligations, (ii) each Series of Other First-Priority Obligations and (iii) any other First-Priority Hedging Obligations and First-Priority Cash Management Obligations (which shall be deemed to be part of the Series of Other First-Priority Obligations to which they relate to the extent provided in the applicable Other First-Priority Agreement).

  • law enforcement authority means any authority responsible for preventing, detecting, investigating, combating and punishing criminal offences, including, but not limited to, the police, any prosecutor, any judicial authority, any public or private prison authority and, where appropriate, any of the state security forces and military authorities;

  • Compliance Enforcement Authority means NERC or the Regional Entity, or any entity as otherwise designated by an Applicable Governmental Authority, in their respective roles of monitoring and/or enforcing compliance with mandatory and enforceable Reliability Standards in their respective jurisdictions.

  • Second Priority Obligations means (a) with respect to the Existing Second Priority Agreement, all “Secured Obligations” of each Loan Party as defined in the “Security Agreement” referred to in the Existing Second Priority Agreement and (b) with respect to each other Second Priority Agreement, (i) all principal of and interest (including without limitation any Post-Petition Interest) and premium (if any) on all indebtedness under such Second Priority Agreement, and (ii) all guarantee obligations, fees, expenses and other amounts payable from time to time pursuant to the applicable Second Priority Documents, in each case whether or not allowed or allowable in an Insolvency Proceeding. To the extent any payment with respect to any Second Priority Obligation (whether by or on behalf of any Loan Party, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be a fraudulent conveyance or a preference in any respect, set aside or required to be paid to a debtor in possession, any First Priority Secured Party, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall, for the purposes of this Agreement and the rights and obligations of the First Priority Secured Parties and the Second Priority Secured Parties hereunder, be deemed to be reinstated and outstanding as if such payment had not occurred.

  • Drug enforcement administration means the drug enforcement

  • Enforcement Proceeds means the gross proceeds from the realisation of Vehicles in respect of Purchased Receivables and from the enforcement of any other Ancillary Rights.

  • Enforcement Action means any action of any kind to:

  • Discharge of Priority Lien Obligations means the occurrence of all of the following:

  • Trust Enforcement Event in respect of the Securities means an Indenture Event of Default has occurred and is continuing in respect of the Debentures.

  • Collateral Agent Fees means the fees due to the Collateral Agent pursuant to the Collateral Agent and Collateral Custodian Fee Letter.

  • Discharge of ABL Obligations has the meaning specified in the Intercreditor Agreement.

  • Junior Priority Obligations means the Original Second Lien Obligations and any Additional Obligations constituting Junior Priority Debt.

  • Senior Priority Obligations as defined in the Base Intercreditor Agreement.

  • Other Priority Claims means any Claim, other than an Administrative Claim or a Priority Tax Claim, entitled to priority in right of payment under section 507(a) of the Bankruptcy Code.

  • Guarantee Priority of Payments means the priority of payments relating to moneys received by the Cash Manager for and on behalf of the Guarantor and moneys standing to the credit of the Guarantor Accounts, to be paid on each Guarantor Payment Date in accordance with the Guarantor Agreement.

  • Civil Enforcement Officer means a person authorised by or on behalf of Lancashire County Council in accordance with Section 76 of the Traffic Management Act 2004;

  • Priority of Payments The meaning specified in Section 11.1(a).

  • Enforcement Expenses shall include all reasonable attorneys’ fees, court costs, transcript costs, fees of experts, travel expenses, duplicating costs, printing and binding costs, telephone charges, postage, delivery service fees, and all other out-of-pocket disbursements or expenses of the types customarily incurred in connection with an action to enforce indemnification or advancement rights, or an appeal from such action. Expenses, however, shall not include fees, salaries, wages or benefits owed to Indemnitee.

  • Priority Tax Claims means Claims of governmental units of the kind specified in section 507(a)(8) of the Bankruptcy Code.