SIHNV definition
SIHNV means ▇▇▇▇▇▇▇▇▇ International Holdings N.V., a company incorporated under the laws of the Netherlands with registered number 63570173.
SIHNV s Counsel" means Linklaters LLP.
SIHNV means Steinhoff International Holdings N.V., a company incorporated under the laws of the Netherlands with registered number 63570173. “SIHNV Guaranteed Debt” means any part of the Existing SEAG Debt in respect of which SIHNV has granted a guarantee, as detailed in Annex 5 (Statement of Affairs and Company Liquidation Analysis). “SIHNV Intercompany Amendment Agreements” means the amendments to existing intragroup loans between SIHNV and the relevant Group Company, in accordance with the terms set out in Annex 20 (Terms of intercompany loan amendments), which SIHNV will use reasonable endeavours to procure, such amended agreements to be substantially in the form of either (i) an amendment agreement (where intragroup loans are to be amended) or (ii) the template for documenting undocumented loans, which are available at www.lucid- is.com/Steinhoff or on request to the Information Agent in accordance with paragraph 10.5 of Section 1 Part A (Introduction). “SIHNV Representatives” has the meaning given to it in the SEAG Contingent Payment Undertaking. “SIHNV Treasury Shares” means approximately 315,317 ordinary shares in SIHNV held by the Company. “SIHNV’s Nominations Committee” means the nominations committee of the Supervisory Board of SIHNV. “SIHPL” means Steinhoff International Holdings Proprietary Limited, a company incorporated under the laws of South Africa with registered number 1998/003951/07. “SIHPL Contingent Payment Undertaking” means the contingent payment undertaking in the form referred to in scenario 2 of paragraph 36.6.5 of Part E (Key terms of the Restructuring and implementation). “SIHPL Guarantee Obligation” means the guarantee obligation in the form referred to in scenario 1 of paragraph 36.6.5 of Part E (Key terms of the Restructuring and implementation). “SIHPL Loan Agreement” means the agreement giving effect to the amendment and restatement of the SFHG-SIHPL Loan. “SIHPL Restructured Credit Support” means either the SIHPL Guarantee Obligation or the SIHPL Contingent Payment Undertaking (as applicable). “Simple Majority Guarantee Creditors” has the meaning given to it in Annex 23 (Permitted Settlement Principles). “SL and LUA Fee Verification Measures” has the meaning given to it in Clause 13 (Support Letter Consent Fees, Lock-Up Fees and Lock-Up Early Bird Fees) of Section 2 (Terms of the CVA). “SL Calculation Agent” means Lucid Issuer Services Limited.
Examples of SIHNV in a sentence
The Conditions to Effectiveness set out in Clause 2.2.2(iv) may only be waived (where capable of waiver) with the written consent of: (a) the Company; (b) SIHNV; and (c) the Unconnected Supermajority CVA Creditors.
Each Restructuring Step may only be waived with the written consent of: (a) SFHG (having consulted with SEAG, itself having consulted with the Majority SEAG Creditors); (b) SIHNV; and (c) the Unconnected Supermajority SFHG Creditors.
The SFHG Conditions to Effectiveness set out in Clause 2.2.2(iv) may only be waived (where capable of waiver) with the written consent of: (a) SFHG; (b) SIHNV; and (c) the Unconnected Supermajority SFHG Creditors.
Each Implementation Condition may only be waived with the written consent of: (a) the Company; (b) SIHNV; and (c) the Unconnected Supermajority CVA Creditors.
Each Restructuring Step may only be waived with the written consent of: (a) the Company (having consulted with SFHG, itself having consulted with the Majority SFHG Creditors); (b) SIHNV; and (c) the Unconnected Supermajority CVA Creditors.
More Definitions of SIHNV
SIHNV means Steinhoff International Holdings N.V., a company incorporated under the laws of the Netherlands, having its corporate seat in Amsterdam, The Netherland, and registered with the trade register of the Dutch chamber of commerce under number 63570173.
SIHNV s Nominations Committee” means the nominations committee of the Supervisory Board of SIHNV. “SIHPL” means Steinhoff International Holdings Proprietary Limited, a company incorporated under the laws of South Africa with registered number 1998/003951/07. “SIHPL Contingent Payment Undertaking” means the contingent payment undertaking in the form referred to in scenario 2 of paragraph 36.6.5 of Part E (Key terms of the Restructuring and implementation). “SIHPL Guarantee Obligation” means the guarantee obligation in the form referred to in scenario 1 of paragraph 36.6.5 of Part E (Key terms of the Restructuring and implementation). “SIHPL Loan Agreement” means the agreement giving effect to the amendment and restatement of the SFHG-SIHPL Loan. “SIHPL Restructured Credit Support” means either the SIHPL Guarantee Obligation or the SIHPL Contingent Payment Undertaking (as applicable). “Simple Majority Guarantee Creditors” has the meaning given to it in Annex 23 (Permitted Settlement Principles). “SL and LUA Fee Verification Measures” has the meaning given to it in Clause 13 (Support Letter Consent Fees, Lock-Up Fees and Lock-Up Early Bird Fees) of Section 2 (Terms of the CVA). “SL Calculation Agent” means Lucid Issuer Services Limited. “SL Calculation Agent Information Request” has the meaning given to it in Clause 13 (Support Letter Consent Fees, Lock-Up Fees and Lock-Up Early Bird Fees) of Section 2 (Terms of the CVA). “Spot Rate of Exchange” means the spot rate of exchange for the purchase of the relevant currency with Euros in the London foreign exchange market at or about 11:00 a.m. (London time) on a particular day as taken from the website of the Bank of England at http://www.bankofengland.co.uk/boeapps/iadb/Rates.asp. “SSDs” means €770,000,000 Schuldscheindarlehen originally made between, amongst others, the Company as borrower and Bayerische Landesbank as original lender, comprised of:(a) €402,500,000, 5 years variable, due 2020;(b) €92,000,000, 7 years variable, due 2022;(c) €50,000,000, 6 years variable, due 2021;(d) €15,000,000, 5 years variable, due 2020;(e) €12,000,000, 5 years variable, due 2020;(f) €15,000,000, 7 years variable, due 2022; (g) €62,500,000, 5 years fixed, due 2020; (h) €76,500,000, 7 years fixed, due 2022;(i) €40,000,000, 5 years fixed, due 2022; and(j) €4,500,000, 10 years fixed, due 2025.