Sukuk Assets definition

Sukuk Assets means the Wakala Assets and the Commodity Murabaha Investment (if any) in respect of a Series;
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Sukuk Assets means the Portfolio Assets, the right to receive the outstanding Deferred Payment Price under the Murabaha Contract and the amounts standing to the credit of the Principal Collection Account and Profit Collection Account from time to time;
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Sukuk Assets means the Wakala Investment and the Commodity Murabaha Investment in respect of a Series;
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Examples of Sukuk Assets in a sentence

  • Upon exercise of the Purchase Undertaking at maturity or upon Event of Default and Termination, a Sale and Purchase Agreement shall be executed between the PDSCL and GoP (acting through MoF) to evidence the purchase of Sukuk Assets by GoP.

  • GoP (acting through MoF) will execute a Purchase Undertaking in favour of the PDSCL to purchase the Sukuk Assets at the Exercise Price at maturity or upon an Event of Default.

  • Finally, we also show BB- online rate estimation is accurate for synthetic as well as actual system traces.Keywords: Network Traffic Characterization, Bayesian Analysis, EWMA, Rate Estimation, Stationary Rate Period, Loss Rate, Packet Arrival Rate 1 Introduction An important problem in analyzing various types of network traffic events – such as request arrivals to a web server, packet losses in a packet flow, or packet arrivals to a gateway – is to determine how the average event rate varies with time.

  • A "Periodic Distribution Amount" representing a defined share of the profit in respect of the relevant Sukuk Assets will be payable in respect of the relevant Certificates and be distributable by the Trustee to the Certificateholders in accordance with these Conditions.

  • Upon receipt of Sukuk proceeds, the same shall be passed on by the Issuer to the Investment Agent for executing the Purchase Agreement and purchasing the Sukuk Assets from the Government.

  • The Exercise Price shall be an amount equal to the initial Purchase Price for the Sukuk Assets plus any other amount due and payable by the GoP (excluding any accrued and payable rental by the Lessee).

  • Under no circumstances shall the Issuer, the Representative or any Certificateholder have any right to cause the sale or other disposition of any of the Sukuk Assets other than to Türkiye Finans or its designee in accordance with the Transaction Documents and the sole right of the Representative and the Certificateholders against the Issuer or Türkiye Finans shall be to enforce their respective obligations under the Transaction Documents.

  • The proceeds of the Sukuk Assets are the sole source of payments on the Certificates.

  • The Investment Agent will use the proceeds from the issue of the Sukuk to purchase, as agent of and on behalf of the Sukuk Holders, from the Government pursuant to a purchase agreement (the “Purchase Agreement”) dated on or about the date hereof, the Sukuk Assets (as defined in the Purchase Agreement).

  • Each Certificate evidences an undivided interest in the Sukuk Assets, subject to the terms of the Declaration of Agency and these Conditions, and is a limited recourse obligation of the Issuer.


More Definitions of Sukuk Assets

Sukuk Assets means the Leased Assets (as defined in the relevant Ijara Agreement) and the rights under the Murabaha Agreement purchased by or transferred to the Trustee (acting through the Service Agent), as the case may be, in connection with the entry into of the Sukuk Contracts from time to time but excluding any Leased Asset which is the subject of an Ijara Agreement which has been terminated in accordance with its terms; Sukuk Contract Counterparties means the counterparties to the Sukuk Contracts (other than the Trustee), and Sukuk Contract Counterparty means any one of them; Sukuk Contracts means a series of contracts entered into in connection with the Certificates and comprising:
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Sukuk Assets means the Mudaraba Assets, the Murabaha Assets and the Payment Obligations, together with any amounts standing to the credit of the Sukuk Account and the Reserve.
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Sukuk Assets. ’ means the assets purchased by or transferred to the Trustee (acting through the Service Agent) in connection with the entry into of the Sukuk Contracts;
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Sukuk Assets means the beneficial interest in the Sukuk Asset Trust Property in relation to the relevant Series of Sukuk Certificates created pursuant to the Master Purchase Trust Deed and acquired by the Issuer and the Trustee pursuant to the Master Purchase Agreement and the relevant Supplemental Purchase Agreement;
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Sukuk Assets means the Portfolio Assets and the amounts standing to the credit of the Principal Collection Account, the Profit Collection Account and the Reserve Account from time to time;
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Sukuk Assets means the Portfolio Assets, the right to receive the outstanding Deferred Sale Price under the Murabaha Contract and the amounts standing to the credit of each Collection Account from time to time;
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Related to Sukuk Assets

  • Quick Assets means, at any date as of which the amount thereof shall be determined, the consolidated cash, cash-equivalents, accounts receivable and investments, with maturities not to exceed 90 days, of Borrower determined in accordance with GAAP.

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Sale Assets is defined in Section 5.2(a)(ii).

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Fixed Assets means Equipment and Real Estate.

  • Assets and Properties of any Person means all assets and properties of every kind, nature, character and description (whether real, personal or mixed, whether tangible or intangible, and wherever situated), including the goodwill related thereto, operated, owned or leased by such Person.

  • Excluded Assets has the meaning set forth in Section 2.2.

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Mobile x-ray equipment means x-ray equipment mounted on a permanent base with wheels and/or casters for moving while completely assembled.

  • Intercompany Receivables means all account, note or loan payables and all advances (cash or otherwise) or any other extensions of credit that are receivable by the Acquired Companies, on the one hand, from Seller or any of its Affiliates (other than the Acquired Companies), on the other hand.

  • Operating Assets means all merchandise inventories, furniture, fixtures and equipment (including all transportation and warehousing equipment but excluding office equipment and data processing equipment) owned or leased pursuant to Capital Leases by the Company or a Restricted Subsidiary.

  • surplus assets means the assets after payment of the debts and liabilities remaining on a winding-up of the incorporated association and the costs, charges and expenses of the winding-up;

  • Consolidated Assets means, at a particular date, all amounts which would be included under total assets on a consolidated balance sheet of the Company and its Subsidiaries as at such date, determined in accordance with GAAP.

  • IP Assets means all Intellectual Property owned or used by or purported to be owned or used by the Group Companies.

  • Real Property Assets means as to any Person as of any time, the real property assets (including interests in participating mortgages in which such Person’s interest therein is characterized as equity according to GAAP) owned directly or indirectly by such Person at such time.

  • Security Assets means all assets of the Chargor the subject of any security created by this Deed.

  • Retained Assets has the meaning set forth in Section 2.2.

  • Current Asset Collateral means all the “ABL Priority Collateral” as defined in the ABL Intercreditor Agreement.

  • Business Assets means all tangible and intangible property and assets owned (either directly or indirectly), leased, licensed, loaned, operated or used, including all real property, fixed assets, facilities, equipment, inventories and accounts receivable, by the Corporation and the Subsidiaries in connection with the Business;

  • Analytical x-ray equipment means equipment used for x-ray diffraction or fluorescence analysis.

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

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  • Purchased Assets has the meaning set forth in Section 2.1.

  • Qualified Assets means any of the following assets: (i) interests, rights, options, warrants or convertible or exchangeable securities of the Partnership; (ii) Debt issued by the Partnership or any Subsidiary thereof in connection with the incurrence of Funding Debt; (iii) equity interests in Qualified REIT Subsidiaries and limited liability companies (or other entities disregarded from their sole owner for U.S. federal income tax purposes, including wholly owned grantor trusts) whose assets consist solely of Qualified Assets; (iv) up to a one percent (1%) equity interest in any partnership or limited liability company at least ninety-nine percent (99%) of the equity of which is owned, directly or indirectly, by the Partnership; (v) cash held for payment of administrative expenses or pending distribution to security holders of the General Partner or any wholly owned Subsidiary thereof or pending contribution to the Partnership; and (vi) other tangible and intangible assets that, taken as a whole, are de minimis in relation to the net assets of the Partnership and its Subsidiaries.

  • Gross Assets means the total of fixed assets and current assets;

  • Income Property means, in respect of each Sub-Fund, (a) all interest, dividends and other sums deemed by the Trustee, (after consulting the auditors either on a general or case by case basis), to be in the nature of income (including taxation repayments, if any) received or receivable by the Trustee in respect of the Deposited Property of the relevant Sub-Fund (whether in cash or, without limitation, by warrant, cheque, money, credit or otherwise or the proceeds of sale or transfer of any Income Property received in a form other than cash); (b) all interest and other sums received or receivable by the Trustee in respect of (a), (c) or (d) of this definition; (c) all cash payments received or receivable by the Trustee for the account of the relevant Sub-Fund in respect of an Application; and (d) all Cancellation Compensation received by the Trustee for the account of the relevant Sub-Fund; (e) any payments to be received or are receivable by the Trustee under any contractual agreements in the nature of investments for the benefit of the relevant Sub-Fund but excluding (i) the Deposited Property; (ii) any amount for the time being standing to the credit of the distribution account for the account of the relevant Sub-Fund or previously distributed to Unitholders; (iii) gains for the account of the relevant Sub-Fund arising from the realisation of Securities; and (iv) any sums applied towards payment of the fees, costs and expenses payable by the Trust from the Income Property of the relevant Sub-Fund;