NCD Holders definition

NCD Holders means the persons who are, for the time being and from time to time, the holders of the NCDs and whose names appear in the Register of Beneficial Owners and “NCD Holder” means each such person;
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Examples of NCD Holders in a sentence

  • The Debenture Trustee hereby confirms receipt of and accepts the above amount in trust hereby declared and, subject to the terms and conditions of this Deed, agrees to act as trustee for the benefit of the NCD Holders and their successors, transferees, novatees and assignees.

  • In case of delay in listing of the NCDs beyond 20 days from the Deemed Date of Allotment, the Company shall pay penal interest of at least at the rate of 1% p.a. over the applicable coupon rate from the expiry of 30 days from the Deemed Date of Allotment till the listing of such NCDs to the NCD Holders in terms of the SEBI circular no.

  • Certified true copy of the same shall be handed over to the NCD Holders within 15 (fifteen) days from the Deemed Date of Allotment.

  • The Debenture Trustee may, at any time during the subsistence of this Deed, waive, on such terms and conditions as the Approved Instructions may provide, any breach of any covenant or provision of this Deed, without prejudice to any rights and/or entitlements of the Debenture Trustee and/or the NCD Holders in respect of any subsequent breach thereof.

  • All the Company’s liabilities to the Unsecured NCD Holders whether for payment of Redemption Amount or Interest Amount or otherwise shall cease and stand extinguished from the Redemption Date upon Redemption of the Unsecured NCDs.

  • All notices, communications and writings to be given by the Secured NCD Holders shall be sent by registered post/courier/hand delivery to the Registrars to the Issue or to the Company Secretary/Compliance officer of the Issuer at the Registered Office/Corporate office of the Company or to such persons at such address as may be notified by the Issuer, from time to time and shall be deemed to have been received on actual receipt.

  • At the request of any NCD Holder, the Debenture Trustee shall, by notice to the Company, call on the Company to take appropriate steps to redress such grievance and shall, if necessary, call a Meeting of the NCD Holders in accordance with the terms of this Deed.

  • Such payment and/or payment made as per these presents will be a legal discharge of the liability of the Company towards the Secured NCD Holders.

  • The Secured NCD Holders shall, without further act or deed, be deemed to have irrevocably given their consent to the Debenture Trustees or any of their agents or authorized officials to do all such acts, deeds, matters and things in respect of or relating to the Secured NCDs as the Debenture Trustee may in their absolute discretion deem necessary or require to be done in the interest of the Secured NCD Holders.

  • Provided that in case of an adjourned meeting or of a change of day, time or place of meeting, the Company shall give not less than three days notice to the NCD Holders either individually or by publishing an advertisement in the newspapers, in English and in vernacular language.

Related to NCD Holders

  • Preferred Holders means the record owners of outstanding Preferred Securities.

  • Majority Stockholders means any Stockholder or combination of Stockholders who at the date of this Agreement own shares of Company Common Stock representing more than two-thirds of the total number of shares of Company Common Stock outstanding at the date of this Agreement.

  • Majority Shareholders means ▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇.

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

  • Key Holders means the persons named on Schedule B hereto, each person to whom the rights of a Key Holder are assigned pursuant to Subsection 3.1, each person who hereafter becomes a signatory to this Agreement pursuant to Subsection 6.9 or 6.17 and any one of them, as the context may require.