RBSG definition
Examples of RBSG in a sentence
The Tender Offer is being conducted by way of off-market purchases which require the prior approval of shareholders of RBSG by special resolution.
Ranking The Senior Notes will constitute RBSG’s direct, unconditional, unsecured and unsubordinated obligations ranking pari passu without any preference among themselves, and equally with all other outstanding unsecured and unsubordinated obligations of RBSG, present and future, except such obligations as are preferred by operation of law.
By tendering Securities in the Tender Offer, a Security Holder of such Securities shall be deemed to agree that such Securities accepted for payment by RBSG or NatWest, as the case may be, will be transferred to the Preference Share Trustee on the Settlement Date.
In order for the RBSG Repurchase Resolution to be approved, a minimum of 75% of the shareholders of RBSG voting at the GM must vote in favor of the RBSG Repurchase Resolution.
Section 694 requires that the terms of any off-market purchase be available for inspection at the registered office of RBSG for no less than 15 days ending with the date of the GM.
It is a term of the Offers relating to the RBSG ADSs and NatWest Series C ADSs that any such Securities that are validly tendered and accepted for payment by RBSG or NatWest, as the case may be, shall be transferred on trust to the Preference Share Trustee.
RBSG will not accept for repurchase any RBSG ADSs tendered unless the RBSG Repurchase Resolution is approved by the shareholders of RBSG prior to the Expiration Time.
A circular to RBSG shareholders containing a notice of the GM and proposing the relevant resolutions will be dispatched in due course.
The Preference Share Trustee shall hold such Securities on trust for the relevant Security Holders in accordance with the Trust Deed and shall require RBSG or NatWest, as the case may be, to purchase such Securities pursuant to the Conditional Repurchase Agreement.
The consideration for any such repurchase will be paid directly by RBSG or NatWest, as the case may be, to the Tender Agent for the benefit of the relevant Security Holder.