Adjusted Nominal Amount definition

Adjusted Nominal Amount means the Total Nominal Amount less the Nominal Amount of all Bonds owned by a Group Company or an Affiliate, irrespective of whether such person is directly registered as owner of such Bonds.

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Adjusted Nominal Amount means the Total Nominal Amount less the Nominal Amount of all Notes owned by a Group Company or an Affiliate, irrespective of whether such person is directly registered as owner of such Notes.

Adjusted Nominal Amount means the total aggregate Nominal Amount of the Bonds outstanding at the relevant time less the aggregate Nominal Amount of all Bonds owned by the Issuer, a Group Company or an Affiliate of the Issuer or a Group Company, irrespective of whether such Person is directly registered as owner of such Bonds.

Examples of Adjusted Nominal Amount in a sentence

• For the avoidance of doubt, the Adjusted Nominal Amount shall at all times be calculated based on the Initial Exchange Ratio.

• In the interest of time, the Issuer therefore requests that notice periods are shortened to enable the Bondholders to be able to pass resolutions faster than the current version of the Terms and Conditions permits and that the requisite majority to extent the standstill period under the Standstill Agreement with respect to voting under the Bonds is lowered from 80 per cent to more than 50 per cent of the Adjusted Nominal Amount for which Bondholders are voting.

• To approve the Accession and Amendment Request, Bondholders representing at least fifty (50) per cent of the Adjusted Nominal Amount must reply to the request under the Written Procedure in order to form a quorum.

• When the requisite majority consents of the Adjusted Nominal Amount pursuant to Clauses 18.5 and 18.6 have been received in a Written Procedure, the relevant decision shall be deemed to be adopted pursuant to Clause 18.5 or 18.6, as the case may be, even if the time period for replies in the Written Procedure has not yet expired.

• At least eighty (80) per cent of the Adjusted Nominal Amount for which Bondholders reply under the Written Procedure must consent to the Requests.

More Definitions of Adjusted Nominal Amount

Adjusted Nominal Amount means the total aggregate Nominal Amount of the Bonds outstanding at the relevant time less the aggregate Nominal Amount of all Bonds owned by a Group Company, an Affiliate of a Group Company or any other person or entity owning any Bonds that has undertaken towards a Group Company or an Affiliate of a Group Company to vote for such Bonds in accordance with the instructions given by a Group Company or an Affiliate of a Group Company, in each case irrespective of whether such Person is directly registered as owner of such Bonds.

Adjusted Nominal Amount means the Total Nominal Amount less the Nominal Amount of all Notes owned by a Group Company or an Affiliate of the Issuer, irrespective of whether such Group Company or an Affiliate of the Issuer is directly registered as owner of such Notes.

Adjusted Nominal Amount means the Total Nominal Amount less the Nominal Amount of all Capital Securities owned by a Group Company, irrespective of whether such person is directly registered as owner of such Capital Securities.

Adjusted Nominal Amount means the aggregate outstanding Total Nominal Amount less the aggregate Outstanding Nominal Amount of all Bonds owned by a Group Company or an Affiliate of a Group Company, irrespective of whether such person is directly registered as owner of such Bonds.

Adjusted Nominal Amount means the total outstanding Nominal Amount of the Capital Notes not held by the Issuer or any Group Company from time to time.

Adjusted Nominal Amount means the Debentureholder Participation divided by the total number of outstanding Debentures.

Adjusted Nominal Amount means the Total Nominal Amount less the Nominal Amount of all Notes owned by the Issuer, ECL or any of their Affiliates, irrespective of whether such person is directly registered as owner of such Notes.