RUPO definition
Examples of RUPO in a sentence
Trustee shall be obliged to conduct legal actions in accordance with the provisions in the trusteeship agreement as decided by the Bond Holder in General Meeting of Bond Holders (RUPO) and shall not be allowed to take any action contradictory to the directions given by General Meeting of Bond Holders (RUPO) or General Meeting of Bond Holders (RUPO) resolution.
The trustee shall also, based on its consideration, have right to summon General Meeting of Bond Holders (RUPO) according to the provision and procedure in trusteeship agreement and in the said General Meeting of Bond Holders (RUPO), the trustee shall inquire the Issuer to give explanation related to such negligence.
Trustee shall reserve the right to receive register/list submitted by KSEI containing detail KTUR including specification and specimen of KTUR issued by KSEI within no later than 1 (one) Business Day prior to the implementation of RUPO.
Trustee shall be obliged to implement the resolution made in General Meeting of Bond Holders (RUPO) in accordance with the provision of trusteeship agreement.
Trustee shall be obliged to deliver written promulgation concerning the termination of General Meeting of Bond Holders (RUPO) to KSEI not later than the next working day in order to revoke Bond Freezing by KSEI.
The entire bond owned by the Issuer based on the buy back and bond owned by the affiliated company may not be calculated in the presence quorum calculation in General Meeting of Bond Holders (RUPO) and shall not have any voting right in General Meeting of Bond Holders (RUPO).
If the said Issuer wishes and intends to amend the use of Offer Bond Offer proceed fund, then such plan shall be first reported to Supervisory Agency for Capital Market (Bapepam) and Financial Institution by declaring reasons and consideration and shall first obtain approval from RUPO and Trustee.
With respect to the Bond that is bought back by the Issuer and kept, the Issuer may not cast any vote in the RUPO and may not be taken into account in the quorum of attendance in the RUPO and shall not receive any Bond Interest.
The trustee shall conduct summon for General Meeting of Bond Holders (RUPO) and convene General Meeting of Bond Holders (RUPO) not later than 30 (thirty) calendar days as of the acceptance of the application.
Trustee shall only able to terminate its duty as the trustee based on trusteeship agreement after the retirement letter has been accepted by General Meeting of Bond Holders (RUPO).