Examples of INVESTOR BENEFICIARY in a sentence
I/We shall be solely liable/responsible for any claim, loss and/ or damage of whatsoever nature that the Fund/ AMC may suffer as a result of accepting the aforesaid payment from me/us towards processing the transaction in favour of the Beneficial Investor (Beneficiary Child) as detailed in the Application Form.
Text proposal R1-2311457 ZTE Proposal 5: Adopt TP#1 for TS 38.214 for the association information report between ARP ID and the already transmitted SL PRS resource(s) Reason for change: The description of “already transmitted SL PRSs of SL PRS resources” seems redundant, suggest to align with our agreements.
The Asset Trustee will allocate collections from the Purchased Receivables to each Beneficiary based on its respective invested amount and each Investor Beneficiary will in turn apply such collections towards, inter alia, its payment obligations under its Note Series.
The beneficial entitlement of each Investor Beneficiary to Trust Property shall be specified in this Deed and in a Supplement related to such Investor Beneficiary.
If an Investor Beneficiary is to become a member of more than one Trust Series, it shall do so by, from time to time, making a further Contribution to the Penarth Receivables Trust and entering into a new Supplement in respect of the new Trust Series which will have the effect of increasing its Investor Interest.
This Certificate certifies that [Name of Investor Beneficiary] (the "Investor Beneficiary") is a Beneficiary of the Receivables Trust and as such is beneficially entitled to Trust Property in the amount and in the manner set out in the Receivables Trust Deed and any Supplement to the Receivables Trust Deed executed from time to time in respect of any additional issuance of Related Debt and/or Series.
The Transferor Beneficiary hereby agrees with each existing Investor Beneficiary that it shall not exercise any beneficial rights or entitlements it may have to Ineligibles Bare Trust Property pursuant to the RTDSA or any Supplement thereto in such a way as to materially prejudice the beneficial rights or entitlements of any Beneficiary to Undivided Bare Trust Property in the Undivided Bare Trust of the Receivables Trust.
Upon any termination or appointment of a Successor Servicer pursuant to this Clause 11 the Receivables Trustee shall give prompt written notice thereof to each Investor Beneficiary at their respective addresses appearing in the Trust Register.
In each case, the Investor Certificate shall always evidence the aggregate beneficial entitlement to trust property of the relevant Investor Beneficiary.
Available spread is the amount of the trust property calculated as allocable to an Investor Beneficiary, less (i) that portion of the costs and expenses of the Receivables Trustee that is borne by such Investor Beneficiary and (ii) amounts calculated as allocable to the Investor Interest of each Trust Series.