Common use of Claims Valuation Clause in Contracts

Claims Valuation. For the purpose of calculating the par value of the Bonds and any affected series of debt securities which are to be aggregated with the Bonds in accordance with paragraph (c) (Multiple Series Aggregation – Single limb voting) and paragraph (d) (Multiple Series Aggregation – Two limb voting), the Ministry of Finance may appoint a separate calculation agent (the “Voting Calculation Agent”). The Ministry of Finance shall, with the approval of the Aggregation Agent and any appointed Voting Calculation Agent, promulgate the methodology in accordance with which the par value of the Bonds and such affected series of debt securities will be calculated. In any such case where a Voting Calculation Agent is appointed, the same person will be appointed as the Voting Calculation Agent for the Bonds and each other affected series of debt securities for these purposes, and the same methodology will be promulgated for each affected series of debt securities.

Appears in 4 contracts

Samples: Announcement and Listing Document Disclaimer, Listing Announcement, Announcement and Listing Document Disclaimer

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