Examples of Holdco Agents in a sentence
The Holdco Agents and the Holding Period Trustee shall notify in writing the relevant Group Company Creditor or Nominated Recipient promptly upon a Group Creditor or Nominated Recipient being determined as having cleared all "know your customer" checks.
Timing RequirementsInitial Distribution Requirements Subsequent Distribution RequirementsIn order to receive distributions of Holdco Facilities Commitments on the Restructuring Effective Date Admitted Group Creditors must validly complete the requirements set out in the Admitted Group Creditor Letter by the Record Date to the satisfaction of the Deed Administrators of LTD, Holdco, the Holdco Agents, and the Holding Period Trustee.
Each Relevant Person confirms, represents, warrants and undertakes to Holdco and the Holdco Agents that in the event that its Holdco Facilities Elections in this Admitted Group Creditor Letter specify it wishes to receive Islamic Financing Commitments, the Relevant Person is prohibited by its constitutional documents and/or regulator (if applicable) from accepting any Conventional Commitments.
The debtor shall file with the Court proof of service of the Chapter 9 Notice at least three business days before the last date for filing of resistance to the petition.
The Deed Administrators will be the primary contact with regards to submission and verification of documents under this Admitted Group Creditor Letter, although a number of parties (including the Holdco Agents under the Holdco Facilities and the Holding Period Trustee under the Holding Period Trust have requirements in respect of KYC that Group Company Creditors must satisfy).
Given the foregoing, each Group Company Creditor or each Nominated Recipient who wishes to receive Holdco Facilities Commitments is strongly encouraged to provide the KYC Documentation required by the Holdco Agents and the Holding Period Trustee to the Deed Administrators online via the NMC Creditor Portal by as soon as possible.
If, for any reason, a Group Creditor or Nominated Recipient fails to clear all "know your customer" checks required by the Holdco Agents and the Holding Period Trustee (with such clearance being determined by the Holdco Agents and the Holding Period Trustee in their absolute discretion), such Group Creditor or Nominated Recipient may not be entitled to receive Holdc o Facilities Commitments until they comply with such "know your customer" checks.
Any entitlement to receive Holdco Facilities Commitments pursuant to the DOCAs is subject to those Group Company Creditors or their Nominated Recipients clearing the Holdco Agents' and Holding Period Trustee's "know your customer" checks by the deadlines set out below.
Subject to any amendments required by Holdco Agents and the Holding Period Trustee once appointed.
Given the foregoing, each Group Creditor or each Nominated Recipient who wishes to receive Holdco Facilities Commitments is strongly encouraged to provide the KYC Documentation required by the Holdco Agents and the Holding Period Trustee to the Deed Administrators online via the NMC Creditor Portal by as soon as possible.