Examples of Remaining Group in a sentence
On the Class A-2 Termination Date any portion of the Remaining Group I Principal Distribution Amount remaining on such Payment Date following the reduction to zero of the Class A-2 Principal Balance shall be distributed as the initial principal distribution on the Class A-3 Group I Certificates.
On the Class A-3 Termination Date any portion of the Remaining Group I Principal Distribution Amount remaining on such Payment Date following the reduction to zero of the Class A-3 Principal Balance shall be distributed as the initial principal distribution on the Class A-4 Group I Certificates.
Intra group subordinated debt of approximately A$344 million (£120 million) owed by Promina to the Remaining Group will become immediately payable on completion of the IPO.
In no event shall the cash price offered by the Terminating Group be less than the price calculated in accordance with the formula provided on attached Exhibit 5.3. The Remaining Group shall elect either to sell its Shares to the Terminating Group or to purchase the Terminating Group’s Shares within the “Period” (as defined below); provided that if the Remaining Group shall make no election within the Period, it shall be deemed to have elected to sell its Shares to the Terminating Group.
The following is an unaudited pro forma statement of consolidated net assets of the Remaining Group, prepared in accordance with the notes set out below.