Examples of Issue Closing Date in a sentence
The Issuer shall enter into the listing agreement with the Stock Exchange, comply with all the condition precedents thereunder and ensure that the Debentures are listed on the wholesale debt market segment of the Stock Exchange within 4 (four) Business Days from the Issue Closing Date.
In the event the Debentures are not listed within 4 (four) Business Days from Issue Closing Date, the Issuer shall pay to the Debenture Holders and the Debenture Trustee additional interest, over and above the applicable Coupon Rate, at the rate of 1% (one per cent) per annum or such higher rate as required by Law, computed from the expiry of 4 (four) Business Days from the Issue Closing Date till the Debentures have been listed (the “Listing Delay Interest”).
The appointment in respect of the Cash Management Services provided in connection with the issue of the Class A6 Notes, the Class A7 Notes, the Class A8 Notes, the Class A9 Notes, the Class A10 Notes and the Class Z2 Notes pursuant to Clause 2.1 took effect upon and from the Second Issue Closing Date automatically without any further action on the part of any person.
In case the Issue is extended by the Company, the Lead Manager shall communicate such extension and new issue closing date before the original Issue Closing Date, to the Banker to the Issue.
NSE shall be the Designated Stock Exchange The Issuer shall make listing application and shall receive listing approval from NSE and BSE within 4 trading days after the Issue Closing Date.