Examples of Securities Resolution in a sentence
Where approval is required in terms of Requirement3.32 (a), a Debt Securities Resolution must be passed at a meeting of Holders of Debt Securities or a Debt Securities Written Resolution.
If any amendment relates to the variation of any preferences, rights, limitations and other terms attaching to any class of Securities already in issue, that amendment must not be implemented without a Debt Securities Resolution taken by the holders of Securities in that class at a separate meeting.
Subject to an amendment ordered by a court as contemplated in Section 16(1)(a) read with Section 16(4) of the Companies Act, any amendment of the MOI shall be subject to a Debt Securities Resolution.
The MM Placement Securities are to be issued on the same terms and conditions as the Tranche 1 Placement Securities (Resolution 3).
Net realisable value represents the estimated selling price for inventories less all estimated costs of completion and costs necessary to make the sale.XVII.
Every amendment pursuant to Section 10.01 or 10.02 shall be set forth in a supplemental indenture (except any amendment pursuant to Section 10.01(4), which may be set forth in a Securities Resolution) that complies with the TIA.
If the security into which the Securities are convertible is other than Common Stock of the Company, the conversion rate shall be subject to adjustment as set forth in the applicable Securities Resolution.
The Securities Resolution may establish, among other things, the Conversion Rate, provisions for adjustments to the Conversion Rate and limitations upon exercise of the Conversion Right.
The Securities Resolution may establish, among other things, the manner of paying principal and interest on a global Security and whether and upon what terms a beneficial owner of an interest in a global Security may exchange such interest for definitive Securities.
If the Securities Resolution so provides, the Company may issue some or all of the Securities of a series in temporary or permanent global form.