Examples of Implementation Date in a sentence
In addition, the aggregate principal amount of the 10% Secured Notes was reinstated at US$195 million, together with PIK interest accrued at 12% from 1 October 2016 through to the Implementation Date.
This includes the obligation to deposit (or procure the deposit) in immediately available funds the aggregate amount of the Scheme Consideration payable to all relevant Scheme Shareholders into the trust account operated by Huon as trustee for the Scheme Shareholders, by no later than one Business Day before the Implementation Date.
During the period of one year commencing on the Implementation Date, on request in writing from a Scheme Participant to NetComm (or the Registry) (which request may not be made until the date which is 5 Business Days after the Implementation Date), a cheque that was previously cancelled under this clause 5.5 must be reissued.
Based on an exchange rate of 1.263 as of 22 August 2017 and assumes cash at the Implementation Date of between US$25-$30 million.
Implementation of the Creditors' Schemes is expected to occur on or about 1 September 2017 (the Implementation Date).