Prior Ranking Amounts definition

Prior Ranking Amounts has the meaning given to such term in Section 3.08(a) hereof.

Prior Ranking Amounts means, with respect to any amount to be paid in accordance with Section 3.09(a) or 3.09(b) (as applicable), all amounts, if any, to be paid prior to the payment of such amount in accordance with Section 3.09(a) or 3.09(b) (as applicable).

Prior Ranking Amounts means, with respect to any amount to be paid (or retained in the Collections Account) in accordance with Section 3.09(a) or 3.09(b) (as applicable), all amounts, if any, to be paid (or retained in the Collections Account) prior to the payment (or retention) of such amount in accordance with Section 3.09(a) or 3.09(b) (as applicable).

Examples of Prior Ranking Amounts in a sentence

• The sale proceeds (less any taxes, fees, costs or expenses incurred in connection with such sale and, to the extent not previously paid or deducted, any Prior Ranking Amounts as determined by the Determination Agent) shall be delivered to the relevant Noteholder as soon as reasonably practicable after receipt by or on behalf of the Issuer of the sale proceeds.

• The sale proceeds (less any taxes, fees, costs or expenses incurred in connection with such sale and, to the extent not previously paid or deducted, any Prior Ranking Amounts as determined by the Determination Agent) shall be paid to the relevant Noteholder as soon as reasonably practicable after receipt by or on behalf of the Issuer of the sale proceeds.

• The completed application must be submitted by March 1 (for conditional admission into the Fall semester), August 15 (admission into the Fall semester) or by November 1 (admission into the Winter semester).Program intake terms.

More Definitions of Prior Ranking Amounts

Prior Ranking Amounts has the meaning assigned to such term in Section 3.08 hereof.

Prior Ranking Amounts means the amount of all claims ranking prior to the claims of the Noteholders as set out in the Application of Proceeds as determined by the Determination Agent in its sole discretion;

Prior Ranking Amounts has the meaning given to such term in Section 3.14 hereof.

Prior Ranking Amounts means, with respect to any amount to be paid in accordance with Section 3.09(a), 3.09(b) or 3.09

Prior Ranking Amounts means, with respect to any amount to be paid (or retained in the Collections Account) in accordance with Section 3.09, all amounts, if any, to be paid (or retained in the Collections Account) prior to the payment (or retention) of such amount in accordance with Section 3.09.

Prior Ranking Amounts means all sums which rank in priority to the Notes in accordance with the Security (Priority of Payments) specified in the terms and conditions of the Notes;

Prior Ranking Amounts means the amount of all claims ranking prior to the claims of the Noteholders as set out in the Application of Proceeds, including, for the avoidance of doubt, any Fees and Expenses, Clawback Amounts or other amounts owed by the Issuer under the Participation Agreement, as determined by the Determination Agent in its sole discretion;