Examples of Relevant Claim in a sentence
For the purposes hereof:(i) a " purchase" will have the meaning ascribed thereto in the Steinhoff Allocation Plan; and(ii) a SIHPL MPC Relevant Claim remains notwithstanding the exchange of the relevant SIHPL Shares into SIHNV Shares pursuant to the Scheme of Arrangement and will not convert into an SIHNV MPC Relevant Claim.
In particular, there would inevitably be debate in any given case as to whether an MPC Relevant Claim should properly be classified as a SIHPL MPC Relevant Claim or an SIHNV MPC Relevant Claim.
All MPC Relevant Claims will be settled by consideration provided by SIHNV irrespective of whether the MPC Relevant Claim is against SIHNV or SIHPL.
Conversely, an SIHNV shareholder is not necessarily a creditor in respect of an SIHNV MPC Relevant Claim.
In such cases, under the terms of this SIHNV Composition Plan, the creditor holding an SIHNV MPC Relevant Claim is considered to be the beneficial owner of the relevant shares, not the legal owner.