Issuer Priority of Payments means, in relation to the First Issuer, the First Issuer Priority of Payments and in relation to any New Issuer, as applicable, any of the relevant Issuer Pre-Enforcement Revenue Priority of Payments, the Issuer Pre-Enforcement Principal Priority of Payments or the Issuer Post-Enforcement Priority of Payments;
Issuer Priority of Payments means the Issuer Revolving Period (Pre-Enforcement) Priority of Payments, the Issuer Rapid Amortisation Period (Pre-Enforcement) Priority of Payments, the Issuer Scheduled Amortisation Period Priority of Payments and the Issuer Rapid Amortisation Period (Post-Enforcement) Priority of Payments.
Issuer Priority of Payments means the priority of payments set out in Clause 5 (Priority of Payments) of the Issuer Facility Agreement.
Examples of Issuer Priority of Payments in a sentence
The Issuer hereby agrees to apply any amounts received by way of prepayment pursuant to Clauses 9.1 and 9.2 to redeem, in full or in part, the relevant Notes subject to and in accordance with the applicable Issuer Priority of Payments.
Subject to sub-clause 6.5 and sub-clause 14.1(b) of this Agreement and the Issuer Priority of Payments, the Account Bank acknowledges that it will have no recourse against any funds standing to the credit of the Accounts or against any other account or any party other than the Issuer in respect of its fees or expenses.
The New Issuer Secured Creditor hereby authorises the Issuer Security Trustee to enter into any Accession Deed in (or substantially in) the form set out in Schedule 1 to the Issuer Deed of Charge on its behalf unless such Accession Deed provides for any consequential changes to the Issuer Priority of Payments (in which case the New Issuer Secured Creditor shall be party to such Accession Deed).
All amounts payable pursuant to this Clause 12 shall, subject to the Issuer Priority of Payments, be payable by the Issuer within thirty days of written demand therefor.
More Definitions of Issuer Priority of Payments
Issuer Priority of Payments means, in relation to the First Issuer, the First Issuer Priority of Payments and in relation to any New Issuer, as applicable, any of the relevant Issuer Pre-Enforcement Revenue Priority of Payments, the Issuer Pre- Enforcement Principal Priority of Payments or the Issuer Post-Enforcement Priority of Payments;
Issuer Priority of Payments means any of the [Issuer Pre-Trigger Event Redemption Priority of Payments/ Issuer Revenue Priority of Payments / Issuer Post-Trigger Event Redemption Priority of Payments];
Issuer Priority of Payments means the Issuer Pre-Enforcement Priority of Payments or the Issuer Post-Enforcement Priority of Payments as applicable and "Issuer Priorities of Payments" shall mean both of them;
Issuer Priority of Payments means the priority of payments set out in Clause 5 (Priority of Payments) of the Issuer Facility Agreement. “Issuer Related Documents” means this Master Definitions and Construction Agreement, the Issuer Note Framework Agreement, the Issuer Facility Agreement, the Issuer Subordinated Facility Agreement, the Subordinated Issuer Convertible Notes Purchase Agreement, the Preference Certificate Purchase Agreement, the FCT Note Purchase Agreement, the French Payment Direction Agreement, the Issuer Administration Agreement, the Issuer Back-up Administration Agreement, the Dutch Facility Agreement, the Spanish Facility Agreement, the German Facility Agreement, the International Account Bank Agreement, the Issuer Corporate Services Agreement, the Issuer Co-operation Agreement, the Issuer Security Documents, the Tax Deed of Covenant, the Interest Rate Cap Documents, the Credit Support Annex, the Risk Retention Letter, the Global Deed of Termination and Release and any other agreements relating to the issuance or purchase of the Issuer Notes. “Issuer Repeating Representations” means the representations and warranties of the Issuer and the Issuer Administrator set out in Clause 6 and Annex I (Representations and Warranties) of the Issuer Facility Agreement and the representations and warranties of the Issuer set out in the Issuer Note Framework Agreement save for the representations and warranties set out in the following clauses in the Issuer Note Framework Agreement: (i) Sub-Clause 5.3 (No Consent); (ii) Sub-Clause 5.12 (Ownership of Shares; Subsidiary); (iii) Sub-Clause 5.15 (Centre of Main Interests); (iv) Sub-Clause 5.16 (Taxes); (v) Sub-Clause 5.17 (Capitalisation); (vi) Sub-Clause 5.20 (Beneficial Owner); (vii) Sub-Clause 5.28 (No Distributions); and (viii) Sub-Clause 5.23 (Filings). “Issuer Reserve Account” has the meaning specified in Clause 4.2(a) (Establishment of Accounts) of the Issuer Facility Agreement. “Issuer Secured Obligations” means the aggregate of the Issuer’s Indebtedness, liabilities and obligations which are now or may at any time hereafter be due, owing or incurred in any manner whatsoever to the Issuer Secured Parties:
Issuer Priority of Payments means, as applicable, any of the Issuer Pre-Enforcement Revenue Priority of Payments, the Issuer Pre-Enforcement Principal Priority of Payments or the Issuer Post-Enforcement Priority of Payments;
Issuer Priority of Payments means the provisions relating to the order of priority of payments set out in Schedule 2 (Issuer Post-Enforcement Priority of Payments) of the Issuer Deed of Charge and/or after the delivery of a Note Enforcement Notice to the Issuer by the Trustee, means the provisions relating to the order of priority of payments from the Issuer Accounts set out in Schedule 1 (Issuer Pre-Enforcement Priority of Payments) to the Issuer Deed of Charge;
Issuer Priority of Payments means the Issuer Pre-Enforcement Priority of Payments and/or after the delivery of a Note Enforcement Notice to the Issuer by the Trustee, the Issuer Post-Enforcement Priority of Payments;