Entrenched definition
Examples of Entrenched in a sentence
Subject to Clause 17 (Entrenched Provisions), no amendment or waiver of any provision of an Intercompany Loan Agreement nor consent to any departure by any of the parties therefrom shall in any event be effective unless the same shall be in writing and signed by each of the parties hereto.
Subject to Clause 18 (Entrenched Provisions), no amendment or waiver of any provision of this Agreement nor consent to any departure by any of the parties therefrom shall in any event be effective unless the same shall be in writing and signed by each of the parties hereto.
Other than in respect of a Non-Migrated Bond Voting Matter, the Entrenched Right Dissenting Notice should also specify the Borrower Secured Creditor (or if the Issuer is an Affected Borrower Secured Creditor, the Issuer Secured Creditor) whose Entrenched Right is affected.
For the avoidance of doubt, the Bondholders of such Class or Classes of Class A Wrapped Bonds or Class B Wrapped Bonds, as the case may be, will not be entitled to vote other than in respect of an Entrenched Right which constitutes a Basic Terms Modification.
For the purposes of paragraph (iv) of sub-clause 16.1.1 above, an Issuer Secured Creditor will be affected by an Entrenched Right if the subject matter of such Entrenched Right constitutes or gives rise to an Issuer Secured Creditor Entrenched Right.
The Appropriate Expert (acting jointly, if comprising more than one individual) having regard to all the circumstances and facts that he/she considers relevant must determine the relevant voting category and/or the Decision Period to be made in respect of the relevant STID Proposal or whether such STID Proposal gives rise to an Entrenched Right of the relevant Borrower Secured Creditor(s) (or, as applicable, Issuer Secured Creditor) or a Non-Migrated Bond Voting Matter.
Subject to Clause 17 (Entrenched Provisions), no variation of any provision(s) of the Intercompany Loan Agreement shall be effective unless it is in writing and signed by (or by a person duly authorised by) each of the parties to the Intercompany Loan Agreement.
Entrenched public participation as a development mandate of the Elundini Municipality Established and operational Public Participation unit in the Speaker's office 4 ▇▇▇▇ Committees currently ineffective Reviewed and implemented organisational structure: By End March 2011 o Fully functional Public Participation Unit in the Speaker’s Office 3.
The senior notes issued by the PEBBLE Vehicle as detailed in the A Note Term Sheet Affected PEBBLE Secured Creditor A PEBBLE Secured Creditor (excluding the holder of the PEBBLE Subordinated ProjCo Held Note who shall have no voting rights) which is affected by an Entrenched Right.
For the purposes of Clause 16.1 (Scope of Entrenched Rights), a Borrower Secured Creditor will be “affected” by an Entrenched Right if the subject matter of such Entrenched Right constitutes or gives rise to an Entrenched Right with respect to such Borrower Secured Creditor.