Bondholder information Clause Samples
The 'Bondholder information' clause establishes the requirements and procedures for collecting, maintaining, and sharing information about individuals or entities holding bonds issued under an agreement. Typically, this clause outlines what details must be provided by bondholders, such as names, contact information, and the amount of bonds held, and may specify how updates or changes to this information should be communicated to the issuer or trustee. Its core practical function is to ensure accurate and up-to-date records of bond ownership, which is essential for distributing payments, sending notices, and facilitating bondholder rights and communications.
Bondholder information. Within five days after receipt of a request from the Company, the Subscriber hereby agrees to provide such information with respect to its status as a bondholder (or potential bondholder) and to execute and deliver such documents as may reasonably be necessary to comply with any and all laws and regulations to which the Company is or may become subject. Subscriber further agrees that in the event it transfers any Securities, it will require the transferee of such Securities to agree to provide such information to the Company as a condition of such transfer.
Bondholder information. As a condition to the Issuer’s obligation to list the Convertible Bonds for trade on the TASE, every Bondholder must convey any information regarding the Convertible Bonds held by the Bondholder which is reasonably required by the Issuer to affect the listing of the Convertible Bonds for trade on the TASE, including information reasonably required for the registration of the Convertible Bonds with the Securities and Exchange Commission.