Examples of Issuer Group Company in a sentence
The Transaction Security shall be provided and, as applicable, perfected or unperfected pursuant to, and subject to the terms of, the Security Documents entered into or to be entered into between the Parent or an Issuer Group Company (as applicable) and the Security Agent (acting on behalf of the Secured Parties).
De-mergers The Issuer shall not (and shall ensure that no other Issuer Group Company will) carry out any de-merger or other corporate reorganisation involving a split of the Issuer or any Issuer Group Company into two or more separate companies or entities.
As the input bits increase, the specific rules activate even less often while the number of bits to discover in the rule’s condition is higher.
Continuation of business The Issuer shall not (and shall ensure that no Issuer Group Company) cease to carry on its business, and shall procure that no substantial change is made to the general nature of the business of the Issuer Group from that carried on at the Settlement Date, and/or as set out in the Finance Documents.
De-mergers The Parent shall: (a) not carry out any de-merger or other corporate reorganisation involving a split of the Parent into two or more separate companies or entities, if such transaction would have (i) a Material Adverse Effect or (ii) involve an Issuer Group Company; and (b) ensure that no Issuer Group Company carry out any de-merger or other corporate reorganisation involving a split of any such Issuer Group Company into two or more separate companies or entities.
Disposal 14.6.1 The Issuer shall not (and shall procure that no other Issuer Group Company will) enter into a single transaction or a series of transactions (whether related or not and whether voluntary or involuntary) to dispose of all or any part of any asset.
Corporate status The Issuer shall not (and shall ensure that no other Issuer Group Company will) change its type of organisation or jurisdiction of incorporation.
Pari passu ranking The Issuer shall ensure that its obligations under the Finance Documents at all times rank at least as set out in Clause 2.4. Mergers The Issuer shall not (and shall ensure that no other Issuer Group Company will) carry out any merger or other business combination or corporate reorganisation involving a consolidation of the assets and obligations of the Issuer or any of its Subsidiaries.
Notwithstanding the above, no such approval shall be required if an Event of Default has occurred, or for the purpose of investigating or considering (i) an event or circumstance which the Bond Trustee reasonably believes is or may lead to an Event of Default or (ii) a matter relating to the Parent or an Issuer Group Company or the Finance Documents which the Bond Trustee reasonably believes may be detrimental to the interests of the Bondholders under the Finance Documents.
If the Company or an Issuer Group Company provides any additional Security for any Secured Debt, the Company shall ensure, and shall ensure that such Issuer Group Company ensures, that such additional Security is provided on the same terms as the Security Documents and in accordance with the terms (including ranking) set out in the Secured Finance Documents.