the date on which the Agent executes the relevant Assignment Agreement or Transfer Certificate. "Treasury Transactions" means any derivative transaction entered into in connection with protection against or benefit from fluctuation in any rate or price. "Unpaid Sum" means any sum due and payable but unpaid by an Obligor under the Finance Documents. "US" means the United States of America. "US Tax Obligor" means: a Borrower which is resident for tax purposes in the US; or an Obligor some or all of whose payments under the Finance Documents are from sources within the US for US federal income tax purposes. "Unrestricted Subsidiary" has the meaning given to such term in Schedule 18 (Restrictive Covenants). "Utilisation" means a Loan or a Letter of Credit. "Utilisation means the date of a Utilisation, being the date on which the Loan is to Date" be made or the relevant Letter of Credit is to be issued. "Utilisation Request" means a notice substantially in the relevant form set out in Part I of Schedule 3 (Requests and Notices). "VAT" means: any tax imposed in compliance with the Council Directive of 28 November 2006 on the common system of value added tax (EC Directive 2006/112); and any other tax of a similar nature, whether imposed in a member state of the European Union in substitution for, or levied in addition to, such tax referred to in paragraph (a) above, or imposed elsewhere. "Vendor" means [ ]. ["Vendor Note Documents" means the Vendor Notes and the Vendor Note Instrument in agreed form and any documents entered into pursuant to any of them.] ["Vendor Note Instrument" means the instrument pursuant to which the Vendor Notes are, or are to be, constituted.] ["Vendor Notes" means the £[ ] [unsecured subordinated] loan notes due [ ] of the Parent.]
Schedule the date on which the Agent executes the relevant Assignment Agreement or Transfer Certificate. "Treasury Transactions" means any derivative transaction entered into in connection with protection against or benefit from fluctuation in any rate or price. "Unpaid Sum" means any sum due and payable but unpaid by an Obligor under the Finance Documents. "US" means the United States of America. "US Tax Obligor" means: a Borrower which is resident for tax purposes in the US; or an Obligor some or all of whose payments under the Finance Documents are from sources within the US for US federal income tax purposes. "Unrestricted Subsidiary" has the meaning given to such term in 18 (Restrictive Covenants). "Utilisation" means a Loan or a Letter of Credit. "Utilisation Date" means the date of a Utilisation, being the date on which the Loan is to be made or the relevant Letter of Credit is to be issued. "Utilisation Request" means a notice substantially in the relevant form set out in Part I of Schedule 3 (Requests and Notices). "VAT" means: any tax imposed in compliance with the Council Directive of 28 November 2006 on the common system of value added tax (EC Directive 2006/112); and any other tax of a similar nature, whether imposed in a member state of the European Union in substitution for, or levied in addition to, such tax referred to in paragraph (a) above, or imposed elsewhere. "Vendor" means [ ]. ["Vendor Note Documents" means the Vendor Notes and the Vendor Note Instrument in agreed form and any documents entered into pursuant to any of them.] ["Vendor Note Instrument" means the instrument pursuant to which the Vendor Notes are, or are to be, constituted.] ["Vendor Notes" means the £[ ] [unsecured subordinated] loan notes due [ ] of the Parent.]