Bond Enforcement Notice definition

Bond Enforcement Notice means a notice delivered by the Bond Trustee to the Issuer in accordance with the Condition 11(b) (Delivery of Bond Enforcement Notice) which declares the bonds to be immediately due and payable.
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Bond Enforcement Notice means the notice delivered by the Transaction Administrator in accordance with Bond Condition 6 upon the written request of the Controlling Beneficiary on the occurrence of a Bond Event of Default.
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Bond Enforcement Notice means the notice delivered by the Note Issuer upon the occurrence of a Bond Event of Default in accordance with Bond Condition 7.
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Examples of Bond Enforcement Notice in a sentence

  • Notwithstanding the provisions of any other Issuer Transaction Document, the Issuer Security shall only become enforceable upon the delivery of a Bond Enforcement Notice in accordance with clause 13 (Security Enforceable) of the Issuer Deed of Charge and the OFCA Floating Security shall only become enforceable in accordance with clause 10.1 (Security Enforceable) of the Obligor Floating Charge Agreement.

  • Legal proceedingsThe circumstances in which the Bond Trustee may or shall deliver a Bond Enforcement Notice and the conditions applicable to delivery of a Bond Enforcement Notice are set out in Condition 11(b) ( Delivery of Bond Enforcement Notice).

  • The circumstances in which the Bond Trustee may or shall deliver a Bond Enforcement Notice and the conditions applicable to delivery of a Bond Enforcement Notice are set out in Condition 11(b) (Delivery of Bond Enforcement Notice).

  • Each of the Pledge Agreement, the Equity Pledge Agreement, the Security Assignment and the Japanese Law Security Agreement provide for enforcement of the Bond Security and the exercise of rights generally by the Security Agent at the written direction of the Note Trustee (acting at the direction of the Controlling Beneficiary) in relation to the Bond Security upon the service of a Bond Enforcement Notice.

  • Each of the Pledge Agreement, the Equity Pledge Agreement, the Security Assignment and the New York Law Security Agreement provide for enforcement of the Bond Security and the exercise of rights generally by the Security Agent (acting at the direction of the Controlling Beneficiary) in relation to the Bond Security upon the service of a Bond Enforcement Notice.

  • Please refer to Note 28: Disposal of subsidiaries for the details.


More Definitions of Bond Enforcement Notice

Bond Enforcement Notice means the notice delivered by the Security Agent to the Bond Issuer in accordance with Bond Condition 6 upon the written request of the Note Trustee (acting on the instructions of the Instructing Noteholders) on the occurrence of a Bond Event of Default.
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Bond Enforcement Notice means notice given by the Trustee to the Issuer, with a copy to the Secured Creditors, to the effect that the Trustee will enforce the Security (or any part thereof) pursuant to this Deed, the Parent Pledge or the Issuer Pledge Agreement (as the case may be);
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Related to Bond Enforcement Notice

  • 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.

  • 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.

  • 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.

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

  • Enforcement Notice means a written notice delivered by either the ABL Agent or the Term Agent to the other announcing that an Enforcement Period has commenced.

  • Drug enforcement administration means the drug enforcement

  • Code enforcement officer means the Code Enforcement Officer appointed pursuant to subdivision (b) of section 3 of this local law.

  • Law enforcement officer means any officer authorized to direct or regulate traffic or to make

  • 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;

  • Bylaw Enforcement Officer means a person or persons appointed from time to time by resolution of City Council pursuant to Section 36 of the Police Act, the purpose of which is to enforce regulatory bylaws of the municipality.

  • 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.

  • Chief law enforcement officer means the chief of police of cities and towns and sheriffs of counties, unless a political subdivision has otherwise designated its chief law-enforcement officer by appropriate resolution or ordinance, in which case the local designation shall be controlling.

  • By-law Enforcement Officer means a municipal law enforcement officer of the Corporation of the Town of Huntsville who is dully appointed by the Council of the Corporation for the purpose of enforcing the provisions of the Corporation’s By-laws.

  • 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.

  • Law enforcement official has the same meaning as the term "law enforcement official" at 45 C.F.R. § 164.103.

  • Indenture Default means any condition, circumstance, act or event that, with the giving of notice, the lapse of time or both, would constitute an Indenture Event of Default.

  • Legitimate law enforcement purpose means a goal within the lawful authority of an officer that is to be achieved through methods or conduct condoned by the officer’s appointing authority.

  • Enforcement Date means the first date (if any) on which a Senior Secured Creditor takes enforcement action of the type described in paragraphs (a)(i), (a)(iii), (a)(iv) or (c) of the definition of “Enforcement Action” in accordance with the terms of this Agreement.

  • Municipal Law Enforcement Officer means a person appointed under the authority of the Police Services Act for the purpose of enforcing City by-laws.

  • Enforcement Period means the period of time following the receipt by either the ABL Agent or the Term Agent of an Enforcement Notice from the other and continuing until the earliest of (a) in the case of an Enforcement Period commenced by the Term Agent, the Discharge of Term Obligations, (b) in the case of an Enforcement Period commenced by the ABL Agent, the Discharge of ABL Obligations, or (c) the ABL Agent or the Term Agent (as applicable) terminates, or agrees in writing to terminate, the Enforcement Period.

  • Enforcement Procedures means the procedures for the enforcement of Mortgages from time to time in accordance with the relevant Seller’s Policy;

  • Law enforcement support staff member means a person who serves

  • 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.

  • Non-Controlling Authorized Representative Enforcement Date means, with respect to any Non-Controlling Authorized Representative, the date which is 180 days (throughout which 180 day period such Non-Controlling Authorized Representative was the Major Non-Controlling Authorized Representative) after the occurrence of both (i) an Event of Default (under and as defined in the Other First-Priority Agreement under which such Non-Controlling Authorized Representative is the Authorized Representative) and (ii) the Controlling Authorized Representative’s and each other Authorized Representative’s receipt of written notice from such Non-Controlling Authorized Representative certifying that (x) such Non-Controlling Authorized Representative is the Major Non-Controlling Authorized Representative and that an Event of Default (under and as defined in the Other First-Priority Agreement under which such Non-Controlling Authorized Representative is the Authorized Representative) has occurred and is continuing and (y) the First-Priority Obligations of the Series with respect to which such Non-Controlling Authorized Representative is the Authorized Representative are currently due and payable in full (whether as a result of acceleration thereof or otherwise) in accordance with the terms of the applicable Other First-Priority Agreement; provided that the Non-Controlling Authorized Representative Enforcement Date shall be stayed and shall not occur and shall be deemed not to have occurred with respect to any Common Collateral (1) at any time the Controlling Authorized Representative has commenced and is diligently pursuing any enforcement action with respect to such Common Collateral or (2) at any time the Grantor that has granted a security interest in such Common Collateral is then a debtor under or with respect to (or otherwise subject to) any Insolvency or Liquidation Proceeding.