Examples of Consideration Loan Notes in a sentence
The Consideration Loan Notes will be issued by Bidco, credited as fully paid, in amounts and integral multiples equal to the Cash Offer.
The terms and conditions of the Alternative Offer are set out in paragraph 11 of this Announcement and a summary of the rights attaching to the Consideration Loan Notes and the Consideration Shares is set out in Appendix IV to this Announcement.
New ICG Units will be issued by ICG to Aella (and/or its nominee(s)) by the capitalisation of the reserve arising from the cancellation of the Cancellation Shares so that ICG becomes a direct wholly-owned subsidiary of Aella.ICG Shareholders who are subject to the Scheme will receive the Cash Consideration, Loan Notes under the Partial Loan Note Alternative or Redeemable Preference Shares under the Redeemable Preference Share Alternative, as appropriate.
Appendix IV to this Announcement contains further details of the Alternative Offer, the Wider Bidco Group and the rights attaching to the Consideration Loan Notes and the Consideration Shares.
First Option shall oblige the relevant Rollover Alternative Participator to sell and Midco 2 to purchase the Bidco Consideration Loan Notes to which it relates.
No adjustment has been made in relation to interest on Consideration Loan Notes.
The Consideration Loan Notes (defined below) of US$235,720 will be issued as an advance under the USA Loan Facility.• ADM will be a non-operating financial investor in the interests.
The transaction consideration is represented by: • £0.06m of retained investment in the TerraQuest Group; • £9.1m debtor made up of the present fair value of the deferred and contingent consideration (£6.0m) and the Consideration Loan Notes (£3.1m); and • £55.9m reduction in long-term borrowing as a result of the initial cash consideration (£54.8m) and the Daily Factor (£1.1m).
The Company may not realise any value for the Consideration Loan Notes and its equity share in the Buyer As part of the consideration due under the terms of the Disposal Agreement, the Company will receive the Rollover Loan Notes, all of which will be converted into B Ordinary Shares (representing 6.16 per cent.
Topco may, however, on the last day in each 12 month period satisfy such interest by the issuance of a bond on the same terms as the Consideration Loan Notes.