SPSE definition

SPSE means the South Pacific Stock Exchange
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Examples of SPSE in a sentence

  • A true sale of 789 RRB Property to a bankruptcy-remote SPSE provides that, in the event of a PSNH 790 bankruptcy, the RRB Property owned by the SPSE will not become a part of the PSNH 791 bankruptcy estate and PSNH creditors will have no recourse to the RRB Property or the RRB 792 Charge.

  • Pursuant to Revenue Procedure 2005-61 issued by the Internal Revenue 782 Service dated September 12, 2005, (and/or other applicable Internal Revenue Service 783 guidance), PSNH will capitalize the SPSE in an amount anticipated to be at least 0.50% of the 784 initial principal balance of RRBs. These funds will be deposited in the Reserve Subaccount 785 (see Section IX(D)(5)(b)).

  • The RRB Charge collections will be deposited into an interest bearing 863 Collection Account, which is expected to consist of a General Subaccount (which will hold 864 the collections with respect to principal, interest, fees, and expenses) and at least two other 865 subaccounts: the Reserve Subaccount (which will hold PSNH’s initial capital contribution to 866 the SPSE) and the Overcollection Subaccount (which will hold any excess collections of the 867 RRB Charge as described below).

  • This capitalization is required in order that PSNH may treat the 786 RRB issuance by the SPSE as debt for tax purposes.

  • PSNH will sell the RRB Property to the SPSE in a transaction which will be intended and treated as a legal true sale and absolute transfer to the SPSE.

  • On behalf of the SPSE, PSNH will initially act as the Servicer for the RRB Property, and PSNH, or any successor Servicer, will be responsible for calculating, billing, collecting, and remitting the RRB Charge.

  • PSNH will sell the RRB Property to the SPSE in a transaction which will 788 be intended and treated as a legal true sale and absolute transfer to the SPSE.

  • On behalf of the SPSE, PSNH will initially act as the Servicer for the RRB 823 Property, and PSNH, or any successor Servicer, will be responsible for calculating, billing, 824 collecting, and remitting the RRB Charge.

  • This capitalization is required in order that PSNH may treat the RRB issuance by the SPSE as debt for tax purposes.

  • PSNH will capitalize the SPSE in an amount anticipated to be at least 0.50% of the initial principal balance of RRBs. These funds will be deposited in the Capital Subaccount (see Section XIII(D)(5)(b)).

Related to SPSE

  • SRS means the scheme referred to by the Ministry of Finance as the Supplementary Retirement Scheme or such other scheme as shall replace or supersede the Supplementary Retirement Scheme from time to time.

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  • Municipal Separate Storm Sewer System Management Program or "MS4 Program" means a management program covering the duration of a state permit for a municipal separate storm sewer system that includes a comprehensive planning process that involves public participation and intergovernmental coordination, to reduce the discharge of pollutants to the maximum extent practicable, to protect water quality, and to satisfy the appropriate water quality requirements of the CWA and regulations and the Act and attendant regulations, using management practices, control techniques, and system, design and engineering methods, and such other provisions that are appropriate.

  • Project Management Plan means the portion of the Project Development Plan providing the information requested in Section 4.2 of Exhibit B to the ITP.

  • ATC means a measure of the transfer capability remaining in the physical transmission network for further commercial activity over and above already committed uses.