Examples of Prefunded Amount in a sentence
In addition, on the first Notes Payment Date, the Pre-funded Amount remaining on the first Notes Payment Date will be applied by the Issuer in or towards satisfaction, on a pari passu and pro rata basis, in accordance with the respective amounts thereof, to redeem in part the Class A Notes, the Class B Notes, the Class C Notes, the Class D Notes and the Class E Notes by reference to their respective Principal Amount Outstanding on the Closing Date.
The remaining part of the proceeds of the Notes, other than the Class S Notes and the Class X Notes, being the Pre-funded Amount will be deposited in the Pre-funded Account on the Closing Date and will be available for the purchase of any New Mortgage Receivables on any Purchase Date during the Pre-funded Period.
The Issuer will apply the Pre-funded Amount towards the purchase of New Mortgage Receivables on any Pre-funding Purchase Date during the Pre-funding Period.
The Issuer will apply the Pre-funded Amount towards the purchase of New Mortgage Receivables on any Pre- funding Purchase Date during the Pre-funding Period.
Amsterdam, 20 June 2005 PricewaterhouseCoopers Accountants N.V. Registered AccountantsUSE OF PROCEEDSThe net proceeds of the Notes to be issued on the Closing Date will amount to euro 301,500,000.The net proceeds of the issue of the Put Option Notes less the Pre-funded Amount will be applied on the Closing Date to pay part of the Initial Purchase Price for the Mortgage Receivables purchased under the Mortgage Receivables Transfer and Purchase Agreement.