Examples of EC Securities in a sentence
If a Redemption Notice is given in accordance with this clause 7.7, the redemption shall be required proportionately across all EC Securities so that the proportionate amount of EC Securities held by the Subscriber from each Issuer remains unchanged following the redemption (unless all EC Securities are redeemed).
Each Notice of Commitment in respect of EC Securities shall be accompanied by preliminary Final Terms for the proposed issuance of EC Securities, completed in all respects other than for pricing, and such Final Terms to be the same as the preliminary Final Terms that were sent to the Issuer by the Subscriber under clause 3.1 of the Equity Commitment Deed except that the Issuer may specify a lower aggregate Principal Amount and shorter Maturity Date.
On the Issue Date for each Tranche of EC Securities, unless the Subscriber and the relevant Issuer agree otherwise, the Subscriber's obligation to pay the aggregate Issue Price for the Tranche of EC Securities automatically shall be set-off against the Issuer's obligation to pay the Exercise Price for the related Commitment Shares under the Equity Commitment Deed.
These Final Terms contain the final terms of the EC Securities and must be read in conjunction with the Conditions.
Securities which are not EC Securities, on the date the Final Terms are delivered pursuant to clause4.1(a)(iii) and such pricing shall be set out in the Final Terms for that Tranche or Series.
SCHEDULE 3 Form of Final Terms for EC Securities The Final Terms in respect of each Tranche of EC Securities will be substantially in the following form, duly supplemented (if necessary), amended (if necessary) and completed to reflect the particular terms of the EC Securities and their issue.
Final Terms dated [●] [Name of Issuer] Issue of [Aggregate nominal amount of Tranche] [Title of EC Securities] Terms used herein shall be deemed to be defined as such for the purposes of the Conditions ("Conditions") contained in the multi-issuer deed dated [ ●]7 December 2011 made by New Zealand Local Government Funding Agency Limited and various Local Authorities.
According to the procedure of the“Lamfalussy process”, on which, see Niamh Molo- ney, “The Lamfalussy Legislative Model: a New Era for the EC Securities and Invest- ment Services Regime”, International and Comparative Law Quarterly 2003, 509; see also Niamh Moloney, EU Securities and Financial Markets Regulation, 2014, p.
When notifying the Issuer of; and (b) Securities which are not EC Securities, on the date the Final Terms are delivered pursuant to clause 4.1(a)(iii) and such pricing in accordance with this clause 4.6, the Subscriber shall advise be set out in the Issuer of the additional spread and issuance margin used in determining the pricing.
Niamh Moloney, EC Securities Regulation (2nd edn, Oxford: OUP 2008) 689.