Issue Characteristics Sample Clauses

Issue Characteristics. There were issued 2,500,000 (two million and five hundred thousand) simple, unsecured debentures non-convertible into shares, in a single series, were issued for private placement, pursuant to the Indenture (as defined below), to be subscribed and paid in privately by the Debenture Holder ("Debentures"), with a unit par value of BRL 1,000.00 (one thousand Brazilian Reais), on July 15, 2022 ("Issue"), totaling BRL 2,500,000,000.00 (two billion five hundred million Brazilian Reais) ("Total Issue Amount"). The Issuance was carried out in accordance with "Private Instrument of Indenture of the 14th Issue of Unsecured Simple Debentures, Non-Convertible into Shares, in a Single Series, for Private Placement, by Xxxxxx X.X." executed on June 30, 2022 between the Issuer and the Debenture Holder ("Indenture"). The Indenture was executed based on the deliberations taken by the Issuer's Board of Directors at meeting held on June 24, 2022 ("RCA"), through which the Issuance was approved, including its terms and conditions, according to the provisions in the first paragraph of Article 59 of Law No. 6.404, dated December 15, 1976, as amended ("Brazilian Corporations Law"). After the subscription of all the Debentures, the Debenture Holder will be the sole holder of the Debentures, becoming creditor of all obligations, principal and ancillary, owed by the Issuer within the scope of the Debentures, which represent credit rights of agribusiness under the terms of the applicable regulations, including, but not limited to, CVM Resolution 60 and MP 1.103. The Issuance of these Debentures is part of a securitization operation of agribusiness receivables that will result in the issuance of agribusiness receivables certificates of the 77th issue, in a single series, by the Debenture Holder ("CRA") to which the Credits of the Agribusiness will be linked as collateral ("Securitization Operation"). The CRAs will be distributed through a public offering under a firm placement guarantee, pursuant to CVM Instruction 476 and will be exclusively intended for professional investors ("Restricted Offer"). The distribution of CRAs will be carried out by the coordinators of the Restricted Offer, under the terms of "Agreement for the Coordination, Placement and Public Distribution of Certificates of Agribusiness Receivables, under the Firm Placement Guarantee Regime, in a Single Series, of the 77th (Seventy-seventh) Issue of VERT Companhia Securitizadora backed by Agribusiness Credits owed by...
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Issue Characteristics 
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Related to Issue Characteristics

  • Characteristics The Initial Contracts have the following characteristics: (i) all the Contracts are secured by Motorcycles; (ii) no Initial Contract has a remaining maturity of more than 84 months; and (iii) the final scheduled payment on the Initial Contract with the latest maturity is due not later than June 2014. Approximately 77.89% of the Principal Balance of the Initial Contracts as of the Initial Cutoff Date is attributable to loans for purchases of new Motorcycles and approximately 22.11% is attributable to loans for purchases of used Motorcycles. No Initial Contract was originated after the Initial Cutoff Date. No Initial Contract has a Contract Rate less than 3.989%. The last scheduled payment date of the Contracts (including any Subsequent Contracts) is due not later than September 2014. Approximately 98.98% of the Principal Balance of the Initial Contracts as of the Initial Cutoff Date is attributable to loans to purchase Motorcycles manufactured by Harley-Davidson or Buell and approximately 1.02% of the Principal Balance of the Initial Contracts as of the Initial Cutoff Date is attributable to loans to purchase Motorcycles not manufactured by Harley-Davidson or Buell.

  • Individual Characteristics Each Receivable has the following individual characteristics as of the Cut-Off Date:

  • Characteristics of Receivables As of the Cut-Off Date (or such other date as may be specifically set forth below), each Receivable:

  • Mortgage Loan Characteristics The characteristics of the related Mortgage Loan Package are as set forth on the description of the pool characteristics for the applicable Mortgage Loan Package delivered pursuant to Section 11 on the related Closing Date in the form attached as Exhibit B to each related Assignment and Conveyance Agreement;

  • Different Denominations This Note is exchangeable for an equal aggregate principal amount of Notes of different authorized denominations, as requested by the Holder surrendering the same. No service charge will be payable for such registration of transfer or exchange.

  • Sale Characterization The Seller shall not make statements or disclosures, or treat the transactions contemplated by this Agreement (other than for consolidated accounting purposes) in any manner other than as a true sale, contribution or absolute assignment of the title to and sole record and beneficial ownership interest of the Transferred Assets Conveyed or purported to be Conveyed hereunder; provided that the Seller may consolidate the Purchaser and/or its properties and other assets for accounting purposes in accordance with GAAP if any consolidated financial statements of the Seller contain footnotes that the Transferred Assets have been sold or contributed to the Purchaser.

  • Additional Series In the event that the Trust establishes one or more series after the effectiveness of this Agreement ("Additional Series"), Appendix A to this Agreement may be amended to make such Additional Series subject to this Agreement upon the approval of the Board of Trustees of the Trust and the shareholder(s) of the Additional Series, in accordance with the provisions of the Act. The Trust or the Adviser may elect not to make any such series subject to this Agreement.

  • Characterization of Receivables Each Receivable constitutes either “tangible chattel paper,” “electronic chattel paper,” an “account,” an “instrument,” or a “general intangible,” each as defined in the UCC.

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