Investor CCPS definition

Investor CCPS means 15,00,00,000 (Fifteen Crore) fully paid up, unsecured, non-cumulative compulsorily convertible preference shares having face value of Rs. 10 (Rupees Ten only), to be issued and allotted by the Banking Company to the Investor, upon terms and conditions contained herein and the conditions annexed hereto at Schedule 6;
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Investor CCPS means compulsorily convertible cumulative preference shares of the Company having a face value INR 100 (Rupees One Hundred) each allotted to the Investor by the Company on premium as agreed upon between the Company, its Sponsors and the Investor;
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Investor CCPS means the preference shares, compulsorily and fully convertible into Equity Shares, having the terms and conditions set out in Schedules 2A and 2B of the Share Subscription Agreement;
Sample 1

Examples of Investor CCPS in a sentence

  • The Investor shall have the right to require an automatic conversion of the Investor CCPS at any time at its discretion on or after April 1, 2023.

  • Upon conversion of the Investor CCPS, the terms of such common equity shares shall be subject to the regulations prescribed by the RBI including Annex 1 of the Basel III Guidelines and the shareholders’ agreement then prevailing among the shareholders of the Banking Company.

  • It is further clarified that in case of any difference between the terms of the Investor CCPS and the Basel III Guidelines (as amended from time to time), the provisions of Basel III Guidelines shall prevail.

  • The Investor CCPS shall convert into Equity Shares of the Banking Company basis the Valuation Price (“Valuation Converted Shares”).

  • No. Head of Term Particulars modification introduced in the provisions of the Banking Regulation Act, 1949 and the Basel III Guidelines issued by the RBI after the date of issuance of the Investor CCPS (“Change in Law Event”).

  • The term “Discounting Factor” shall for each month after the allotment of the Investor CCPS up to March 31, 2023 be computed based on a range commencing from 0.77 (Zero decimal point Seven Seven) to 0.34 (Zero decimal point Three Four) with a reduction on a proportionate scale on a monthly basis.

  • Further, the legal opinion should also confirm that there are no legal impediments to the conversion of the Investor CCPS into ordinary shares of the Banking Company upon a trigger event.

  • Upon conversion of the Investor CCPS, the terms of such common equity shares shall be subject to the regulations prescribed by the RBI including Annex 1 of the Basel III Guidelines and the shareholders’ Sr. No. Head of Term Particulars agreement then prevailing among the shareholders of the Banking Company.

  • The Investor CCPS shall convert into such number of Equity Shares of the Banking Company arrived at on the basis of the abovementioned price per share (“IPO Converted Shares”).

  • Upon conversion of the Investor CCPS, the terms of such common Equity Shares shall be subject to the regulations prescribed by the RBI including Annex 1 of the Basel III Guidelines and the shareholders’ agreement then prevailing among the shareholders of the Banking Company.

Related to Investor CCPS

  • Investor Certificates means the Class A Certificates, the Class B Certificates and the Collateral Interest.

  • Investor Certificate means any one of the certificates (including, without limitation, the Bearer Certificates, the Registered Certificates or the Global Certificates) executed by the Transferor and authenticated by the Trustee substantially in the form (or forms in the case of a Series with multiple classes) of the investor certificate attached to the related Supplement.

  • Investor Group means the Sponsor and its affiliates, successors and assigns.

  • Investor is defined in the preamble to this Agreement.

  • Participating Investor any Participating Account, Participating Insurance Company or Participating Plan, including the Account and the Company.

  • Investor Majority means [the holders of at least [ ] per cent of Series A Shares from time to time] [Note: amend as appropriate];

  • Investor Certificateholder means the holder of record of an Investor Certificate.

  • Investor Certification A certificate representing that such Person executing the certificate is a Certificateholder, a Certificate Owner or a prospective purchaser of a Certificate (or any investment advisor or manager of the foregoing), the Controlling Class Representative (to the extent the Controlling Class Representative is not a Certificateholder or a Certificate Owner), a Risk Retention Consultation Party (to the extent such Risk Retention Consultation Party is not a Certificateholder or Certificate Owner) or a Serviced Companion Loan Holder or its Companion Loan Holder Representative, and that (i) for purposes of obtaining certain information and notices (including access to information and notices on the Certificate Administrator’s Website) pursuant to this Agreement, (A) (1) in the case of a Person that is neither the Controlling Class Representative nor a Controlling Class Certificateholder, such Person is or is not a Borrower Party and such Person is or is not a Risk Retention Consultation Party or (2) in the case of the Controlling Class Representative or a Controlling Class Certificateholder, such Person is or is not a Borrower Party as to any identified Excluded Controlling Class Mortgage Loan, and (B) except in the case of a Serviced Companion Loan Holder or its Companion Loan Holder Representative, such Person has received a copy of the Prospectus, which certificate shall be substantially in the form of Exhibit X-0X, Xxxxxxx X-0X, Xxxxxxx X-0X, Exhibit M-1D or Exhibit M-1E to this Agreement or in the form of an electronic certification contained on the Certificate Administrator’s Website, and/or (ii) for purposes of exercising Voting Rights (which does not apply to a prospective purchaser of a Certificate, a Serviced Companion Loan Holder or its Companion Loan Holder Representative), (A) (1) such Person is not a Borrower Party or (2) in the case of the Controlling Class Representative or any Controlling Class Certificateholder, such Person is a Borrower Party as to any identified Excluded Controlling Class Mortgage Loan, (B) such Person is or is not the Depositor, the Master Servicer, the Special Servicer, an Excluded Mortgage Loan Special Servicer, the Trustee, the Certificate Administrator, the Operating Advisor, the Asset Representations Reviewer, a Mortgage Loan Seller or an Affiliate of any of the foregoing and (C) such Person has received a copy of the Prospectus, which certificate shall be substantially in the form of Exhibit M-2A or Exhibit M-2B to this Agreement or in the form of an electronic certification (which may be a click-through confirmation) contained on the Certificate Administrator’s Website or the Master Servicer’s website. The Certificate Administrator may require that Investor Certifications are resubmitted from time to time in accordance with its policies and procedures. For the avoidance of doubt if a Borrower Party is the Controlling Class Representative or a Controlling Class Certificateholder, such Person (A) shall be prohibited from having access to the Excluded Information solely with respect to the related Excluded Controlling Class Mortgage Loan and (B) shall not be permitted to exercise voting or control, consultation and/or special servicer appointment rights as a member of the Controlling Class solely with respect to the related Excluded Controlling Class Mortgage Loan.

  • Investor Shares shall have the meaning given in the Recitals hereto.

  • Exempt Investor means any of the following Irish Residents: (i) the Administrator, for so

  • Investor Securities means the securities eligible for registration pursuant to the Registration Rights Agreement.

  • Investor Warrants has the meaning given it in the recitals of this Agreement.

  • Principal Holder means a person who, directly or indirectly, beneficially owns or controls 10% or more of any class of voting securities of the Corporation.

  • Investor Affiliate means (i) the Investor or any of his immediate family members, and any such persons’ respective Affiliates and direct and indirect Subsidiaries, (ii) any sponsor, limited partnerships or entities managed or controlled by the Investor or any of his immediate family, or any of such persons’ respective Affiliates and direct or indirect Subsidiaries, (iii) any trust of the Investor or any of his immediate family, or any of such persons’ respective Affiliates and direct or indirect Subsidiaries or any trust in respect of which any such persons is a trustee, (iv) any partnership of which the Investor or any of his immediate family, or any of such persons’ respective Affiliates or direct or indirect Subsidiaries is a partner that is managed or controlled by the Investor, any of his immediate family or any of such persons’ respective Affiliates or direct or indirect Subsidiaries, and (v) any trust, fund or other entity which is managed by, or is under the control of, the Investor or any of his immediate family, or any of such persons’ respective Affiliates or direct or indirect Subsidiaries, but excluding the Issuer or any of its Subsidiaries.

  • Class B Investor Interest means, on any date of determination, an amount equal to (a) the Class B Initial Investor Interest, minus (b) the aggregate amount of principal payments made to Class B Certificateholders prior to such date, minus (c) the aggregate amount of Class B Investor Charge-Offs for all prior Transfer Dates pursuant to subsection 4.10(b), minus (d) the amount of the Reallocated Class B Principal Collections allocated pursuant to subsection 4.12(a) on all prior Transfer Dates for which the Collateral Interest Amount has not been reduced, minus (e) an amount equal to the amount by which the Class B Investor Interest has been reduced on all prior Transfer Dates pursuant to subsection 4.10(a) and plus (f) the aggregate amount of Excess Spread allocated and available on all prior Transfer Dates pursuant to subsection 4.11(d) for the purpose of reimbursing amounts deducted pursuant to the foregoing clauses (c), (d) and (e); provided, however, that the Class B Investor Interest may not be reduced below zero.

  • Lead Investor means Empery Asset Master, Ltd.

  • Principal Stockholder Transferee means any Person who acquires voting stock of the Corporation from the Principal Stockholder (other than in connection with a public offering) and who is designated in writing by the Principal Stockholder as a “Principal Stockholder Transferee.”

  • Series B Holder means a Record Holder of the Series B Preferred Units.

  • Note A-8 Holder means the Initial Note A-8 Holder or any subsequent holder of Note A-8, as applicable.

  • Investor Letter means that certain Investor Letter, substantially in the form attached hereto as Exhibit B.

  • Anchor Investor means a Qualified Institutional Buyer, applying under the Anchor Investor Portion in accordance with the requirements specified in the SEBI ICDR Regulations and the Red Xxxxxxx Prospectus and who has Bid for an amount of at least ₹100 million.

  • Investors means the Initial Investors and any transferee or assignee who agrees to become bound by the provisions of this Agreement in accordance with Section 9 hereof.

  • Pari Passu Securities means any class or series of capital stock of the Company hereafter created specifically ranking, by its terms, on parity with the Designated Preferred Stock as to distribution of assets upon liquidation, dissolution or winding up of the Company, whether voluntary or involuntary.

  • Initial Investor Interest means, with respect to any Series of Certificates, the amount stated in the related Supplement.

  • Note A-7 Holder means the Initial Note A-7 Holder or any subsequent holder of Note A-7, as applicable.

  • Initial Holders has the meaning set forth in the preamble.