Examples of Subsidiary Guarantor Pledgors in a sentence
Security to be Granted The Company has agreed, for the benefit of, inter alia, the holdersof the Notes, to pledge, or cause the initial Subsidiary Guarantor Pledgors to pledge, as the case may be, the capital stock of each initial Subsidiary Guarantor (collectively, the “Collateral”) in order to secure the obligations of the Company under the Notes and the Indenture and of such Subsidiary Guarantor Pledgor under its Subsidiary Guarantee, except as otherwise provided below.
Intercreditor Agreement The Company, the Subsidiary Guarantor Pledgors, Citibank, N.A.as the Shared Security Agent, and Citibank, N.A. as the trustee, entered into an intercreditor agreement dated January 14, 2010, as amended or supplemented from time to time, to which the trustee for the 2014 Notes acceded on January 22, 2014, to which the trustee for the 2015 Notes acceded on February 10, 2015 and to which the trustee for the Notes will accede.
Security to be granted The Company has agreed to extend, or cause each initial Subsidiary Guarantor Pledgors to extend, as the case may be, the Collateral to the holders of the Notes in order to secure the obligations of the Company under the Notes and the Indenture and of such initial Subsidiary Guarantor Pledgor under its Subsidiary Guarantee.
After the extension of the security interests over the Collateral by the Company and the Subsidiary Guarantor Pledgors to secure the Notes and the Subsidiary Guarantees and subject to certain limitations described under ‘‘Risk Factors — Risks Relating to the Subsidiary Guarantees, the JV Subsidiary Guarantees and Collateral,’’ the Notes will: .
Security The Company has agreed, for the benefit of the holders of the 2013 Notes, to pledge, or cause the initial Subsidiary Guarantor Pledgors to pledge, as the case may be, the shares of each initial Subsidiary Guarantor in order to secure the obligations of the Company under the 2013 Notes and the Indenture and of such Subsidiary Guarantor Pledgor under its guarantee.
Upon the accession by the Trustee to the Intercreditor Agreement, the benefit of the Collateral will be extended to secure the obligations of the Company under the Notes and of the Subsidiary Guarantor Pledgors under their respective Subsidiary Guarantees.
The Company will, and will procure that the Subsidiary Guarantor Pledgors will, perfect and protect the security interests created under the Security Documents and the Intercreditor Agreement on or prior to the Closing Date.
The Company, the Subsidiary Guarantor Pledgors, The Bank of New York Mellon as the Trustee, the trustee for the 2015 Convertible Bonds, the trustee for the 2016 Convertible Bonds and the Global Security Trustee will enter into an intercreditor deed as of the issue date of the Notes.
Page 4 Under the 2004 HK Share Charge, the Company and the relevant Subsidiary Guarantor Pledgors each charge their interest in the entities listed in Schedule 2 thereto and any additional future Restricted Subsidiaries which is, or whose holding company is, incorporated in Hong Kong.
No listing of the Notes has been, or will be, sought in Hong Kong.The Board is pleased to announce that on 21 January 2021, the Company, together with the Subsidiary Guarantors and the Subsidiary Guarantor Pledgors, entered into the Purchase Agreement with the Joint Global Coordinators and the Joint Bookrunners in connection with the issuance of US$1.1 billion senior notes, including US$600 million 5.95% senior notes due 2024 and US$500 million 6.50% senior notes due 2026.