Existing Bondholders definition
Examples of Existing Bondholders in a sentence
In such event, the Company shall issue warrants (the “Warrants”) to such Existing Bondholder(s) exercisable for an exercise price of zero (0.00) substantially in the form of Exhibit A hereto.
The respective representations and warranties of the Company and the Existing Bondholders set forth in this Agreement shall survive the Closing Date until the date that is twelve (12) months following the Effective Date.
For as long as the indebtedness incurred under Bonds is larger than the Existing Bonds, the instructing party in connection with enforcement under the Intercreditor Agreement is the representative of those of the Bondholders and the Existing Bondholders, voting for the relevant decision, whose Senior Debt at that time aggregate more than 50 per cent.
The agreements of the Company, as set forth herein in Section 3, and the respective representations and warranties of the Company and the Existing Bondholders as set forth herein in Sections 4 and 5, respectively, shall survive the Closing Date.
No party hereto shall have an obligation to close the transaction contemplated hereunder, and this Agreement shall be rescinded without any liability or obligation on the part of any party, if the note offering contemplated by the October 27, 2005 offering circular previously delivered to the Existing Bondholders has not closed by November 5, 2005.