Examples of Existing Holders in a sentence
Avenues of the Americas, 15th Floor New York, NY 10019Attention: Chris Long Phone: (212) 713-4692 Effect on Auction Period Rate: Existing Holders and prospective bidders should take into account in their decision whether to buy, sell, or hold the Bonds that the Borrower will likely affect the Auction Period Rate by virtue of the Borrower's proposed bid in the Next Auction and its involvement in future auctions.
The Company shall pay all expenses incurred in connection with each registration requested pursuant to this Section 4 (excluding underwriters’ or brokers’ discounts and commissions relating to shares sold by the Investors and the Existing Holders), including without limitation all U.S. federal, “blue sky” and all foreign registration, filing and qualification fees, printers’ and accounting fees, and fees and disbursements of counsel and reasonable expenses of one legal counsel for the Investors.
Certain Directors and other Existing Holders will be subject to mandatory escrow arrangements under the ASX Listing Rules.
For the purpose of securing the redemption of the Existing Bonds in full, the Existing Bonds Redemption Account will be pledged in favour of the Trustee and the Existing Holders (represented by the Trustee).
Under the escrowrequirements of the ASX Listing Rules, those Existing Holders, who hold 95.12% (based on the Maximum Subscription being raised) will not, however, be able to trade their CDIs for a period of 12-24 months commencing from the date of quotation of 99wuxian.