Issuer’s Bonds definition
Issuer’s Bonds means any Bonds owned by the Issuer, any person or persons who has Decisive Influence over the Issuer, or any person or persons over whom the Issuer has Decisive Influence.
Issuer’s Bonds means Bonds owned by the Issuer, any party or parties who has decisive influence over the Issuer, or any party or parties over whom the Issuer has decisive influence. “Liquid Assets” means
Issuer’s Bonds means any Bonds which are owned by the Issuer or any Affiliate of the Issuer. “Issuer’s Redemption Option” shall have the meaning ascribed to such term in Clause 10.5 (Redemption at the option of the Issuer due to low aggregate Nominal Amount outstanding - Clean-up call). “Longstop Date” means 20 April 2023. “Managers” means ▇▇▇▇▇▇▇▇▇ Platou Securities AS, DNB Markets and Pareto Securities AS. “Mandatory Redemption Date” means the 10th Business Day following the last Dealing Day of the Fair Bond Value Calculation Period. “Mandatory Redemption Event” means that the Conversion Right Conditions have not been satisfied on or before the Longstop Date. “Mandatory Redemption Event Notice” shall have the meaning ascribed to such term in Clause 10.4 (Redemption upon a Mandatory Redemption Event). “Mandatory Redemption Event Notice Deadline” means the 10th Business Day after the Longstop Date. “Material Adverse Effect” means a material adverse effect on: (a) the ability of the Issuer to perform and comply with its obligations under the Finance Documents; and/or (b) the validity or enforceability of the Finance Documents. “Material Subsidiary” means a Subsidiary of the Issuer: (a) whose total assets or total revenue (unconsolidated where that Subsidiary itself has Subsidiaries) as at the date of which its latest financial statements were prepared or, as the case may be, for the financial period to which those financial statements relate, account for 10.00 per cent. or more of the consolidated total assets or total revenue of the Group (each as calculated by reference to the latest Annual Financial Statements); or (b) to which is transferred (whether in a single transaction or a series of transactions (whether related or not)) all or substantially all of the assets of a Subsidiary which immediately prior to such transaction(s) was a Material Subsidiary. Docusign Envelope ID: F7EC574B-38CD-431C-A01A-A848D688CB2B
Examples of Issuer’s Bonds in a sentence
The Bondholders Meeting may resolve to exclude the Issuer’s representatives and/or any person holding only Issuer’s Bonds (or any representative of such person) from partic- ipating in the meeting at certain times, however, the Issuer’s representative and any such other person shall have the right to be present during the voting.
More Definitions of Issuer’s Bonds
Issuer’s Bonds means any Bonds owned by the Issuer, any person or persons who has Decisive Influence over the Issuer, or any person or persons over whom the Issuer has Decisive Influence. “Manager” means the managers for the Bond Issue, Danske Bank, Norwegian Branch, DNB Bank ASA, DNB Markets and Nordea Bank AB (publ), Norwegian Branch. “Margin” means four point seventy five per cent (4.75%) per annum. “Material Adverse Effect” means a material adverse effect on: (a) the Issuer’s ability to perform and comply with its obligations under the Finance Documents; or (b) the validity or enforceability of the Finance Documents. “Material Subsidiary” means: (a) any Subsidiary whose total consolidated assets represent at least 10 % of the total consolidated assets of the Group, or (b) any Subsidiary whose total consolidated net sales represent at least 10 % of the total consolidated net sales of the Group, or (c) any other Subsidiary to which is transferred either (A) all or substantially all of the assets of another Subsidiary which immediately prior to the transfer was a Material Subsidiary or (B) sufficient assets of the Issuer that such Subsidiary would have been a Material Subsidiary had the transfer occurred on or before the relevant date. calculated based on the most recent quarterly reports. A list of companies being Material Subsidiaries shall be included in the compliance certificate to be delivered to the Bond Trustee together with the annual report. “Maturity Date” means 22 June 2020. Any adjustment will be made according to the Business Day Convention. “NIBOR” means the interest rate which (a) is published on Oslo Børs’ webpage (or through another system or on another website replacing the said system or website respectively) approximately 12.15 (Oslo time) on the interest quotation day or or, on days on which Oslo Børs has shorter opening hours (New Year’s Eve and the Wednesday before Maundy Thursday), the data published at approximately 10.15 (Oslo time) shall be used. In the event that such page is not available, has been removed or changed such that the quoted interest rate no longer represents, in the opinion of the Bond Trustee, a correct expression of the relevant interest rate, an alternative page or other electronic source which in the opinion of the Bond Trustee and the Issuer gives the same interest rate shall be used. If this is not possible, the Bond Trustee shall calculate the relevant interest rate based on comparable quotes from major banks in Oslo. I...