Scottish Sale Assets definition

Scottish Sale Assets means the Scottish Trust Property and Sale Assets to the extent the same are governed by or otherwise subject to Scots law including, without limitation, the Scottish Receivables relating to the Financing Contracts listed in the Schedule attached to the Notice of Sale and the Collections received in respect of such Scottish Receivables, together with all Ancillary Rights, funds, property, interest, right, title and proceeds deriving from or relating to such Scottish Receivables (other than Excluded Amounts).
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Examples of Scottish Sale Assets in a sentence

  • The Beneficiary and the Security Trustee hereby intimate to VWFS the assignation in security made in terms of clause 3 hereof and VWFS hereby acknowledges such notice and intimation and confirms that as at the Closing Date it has not received any notification of any other dealing with the Scottish Trust Property (including the Scottish Sale Assets defined in the Scottish Declaration of Trust), the Beneficiary's interest under the Scottish Declaration of Trust or any part thereof.

  • Pursuant to Clause 3.3 of the Receivables Purchase Agreement in respect of the Initial Receivables the Seller proposes to declare a trust in the terms of this declaration of trust over the Scottish Sale Assets and over the Vehicles in support of the sale of the Sale Assets relating to those Vehicles.

  • The Beneficiary and the Security Trustee hereby intimate to VWFS the assignation in security made in terms of Clause 3 hereof and VWFS hereby acknowledges such notice and intimation and confirms that as at the Closing Date it has not received any notification of any other dealing with the Scottish Trust Property (including the Scottish Sale Assets defined in the Scottish Declaration of Trust), the Beneficiary's interest under the Scottish Declaration of Trust or any part thereof.

  • The Beneficiary and the Security Trustee hereby intimate to VWFS the assignation in security made in terms of clause3 hereof and VWFS hereby acknowledges such notice and intimation and confirms that as at the Initial Offer Date it has not received any notification of any other dealing with the Scottish Trust Property (including the Scottish Sale Assets defined in the Scottish Declaration of Trust), the Beneficiary's interest under the Scottish Declaration of Trust or any part thereof.

  • The Beneficiary and the Security Trustee hereby intimate to VWFS the assignation in security made in terms of Clause3 hereof and VWFS hereby acknowledges such notice and intimation and confirms that as at the Closing Date it has not received any notification of any other dealing with the Scottish Trust Property (including the Scottish Sale Assets defined in the Scottish Declaration of Trust), the Beneficiary's interest under the Scottish Declaration of Trust or any part thereof.

  • The Seller hereby declares, that it holds and, subject to clause 6 ( Repurchase) hereof, shall henceforth hold the Scottish Sale Assets and its whole right, title and interest, present and future, therein and thereto in trust absolutely for the Issuer and its assignees (whether absolutely or in security) whomsoever.

  • The Beneficiary and the Security Trustee hereby intimate to VWFS the assignation in security made in terms of clause3 hereof and VWFS hereby acknowledges such notice and intimation and confirms that as at the Closing Date it has not received any notification of any other dealing with the Scottish Trust Property (including the Scottish Sale Assets defined in the Scottish Declaration of Trust), the Beneficiary's interest under the Scottish Declaration of Trust or any part thereof.

Related to Scottish Sale Assets

  • Acquired Assets has the meaning set forth in Section 2.1.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Timber Sale Area means the area or areas designated as such on Exhibit A and located on the ground by reference to legal subdivisions, monuments, natural land features, improvements, or sale boundary signs. Down Timber is defined as timber that is down as of the date of this contract, as determined by STATE.

  • Transferred Assets has the meaning set forth in Section 2.1.

  • Wholesale acquisition cost means the same as that term is defined in 42 U.S.C. Sec. 1395w-3a.

  • Mortgage Assets The Mortgage Loans to be included in the Trust Fund are as described in Annex A hereto.

  • Security Assets means all assets of the Chargor the subject of any security created by this Deed.

  • Borrowing Base Assets means a collective reference to all Borrowing Base Assets in existence at any given time.

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Project Assets means all physical and other assets relating to (a) tangible assets such as civil works and equipment including foundations, embankments, pavements, road surface, interchanges, bridges, culverts, road over-bridges, drainage works, traffic signals, sign boards, kilometre-stones, [toll plaza(s)], electrical systems, communication systems, rest areas, relief centres, maintenance depots and administrative offices; and (b) Project Facilities situated on the Site;