Common use of Stabilisation Clause in Contracts

Stabilisation. In connection with the issue of any Tranche of Notes, the Dealer or Dealers (if any) designated as Stabilising Manager(s) (or persons acting on behalf of any Stabilising Manager(s)) in the applicable Final Terms may over-allot Notes or effect transactions with a view to supporting the market price of the Notes at a level higher than that which might otherwise prevail. However, there is no assurance that the Stabilising Manager(s) (or persons acting on behalf of a Stabilising Manager) will undertake stabilisation action. Any stabilisation action may begin on or after the date on which adequate public disclosure of the terms of the offer of the relevant Tranche of Notes is made and, if begun, may be ended at any time, but it must end no later than the earlier of 30 days after the issue date of the relevant Tranche of Notes and 60 days after the date of the allotment of the relevant Tranche of Notes. Any stabilisation action or over-allotment shall be conducted in accordance with all applicable laws and rules.

Appears in 2 contracts

Sources: Programme Agreement (International Lease Finance Corp), Programme Agreement (International Lease Finance Corp)

Stabilisation. In connection with the issue of any Tranche of Notes, the Dealer or Dealers (if any) designated as Stabilising Manager(s) (or persons acting on behalf of any Stabilising Manager(s)) in the applicable Final Terms may over-allot Notes or effect transactions with a view to supporting the market price of the Notes at a level higher than that which might otherwise prevail. However, there is no assurance that the Stabilising Manager(s) (or persons acting on behalf of a Stabilising Manager) will undertake stabilisation action. Any stabilisation action may begin on or after the date on which adequate public disclosure of the terms of the offer of the relevant Tranche of Notes is made and, if begun, may be ended at any time, but it must end no later than the earlier of 30 days after the issue date Issue Date of the relevant Tranche of Notes and 60 days after the date of the allotment of the relevant Tranche of Notes. Any stabilisation action or over-allotment shall be conducted in accordance with all applicable laws and rules.

Appears in 2 contracts

Sources: Programme Agreement (International Lease Finance Corp), Programme Agreement (International Lease Finance Corp)

Stabilisation. In connection with the issue of any Tranche of Notes, the Dealer or Dealers (if any) designated named as the Stabilising Manager(s) (or persons acting on behalf of any Stabilising Manager(s)) in the applicable relevant Final Terms may over-over allot Notes or effect transactions with a view to supporting the market price of the Notes at a level higher than that which might otherwise prevail. However, there is no assurance that obligation on the Stabilising Manager(s) (or persons acting on behalf of a Stabilising Manager) will to undertake stabilisation action. Any stabilisation action may begin on or after the date on which adequate public disclosure of the terms of the offer of the relevant Tranche of Notes is made and, if begun, may be ended at any time, but it must end no later than the earlier of 30 days after the issue date of the relevant Tranche of Notes and 60 days after the date of the allotment of the relevant Tranche of Notes. Any stabilisation action or over-allotment Such stabilising shall be conducted in accordance with all applicable laws and rules. Any loss or profit sustained as a consequence of any such over-allotment or stabilising shall, as against the Issuer, be for the account of the Stabilising Manager(s).

Appears in 2 contracts

Sources: Master Dealer Agreement, Master Dealer Agreement

Stabilisation. 17.1 In connection with the issue of any Tranche of Notes, the Dealer or Dealers (if any) designated named as Stabilising Manager(sthe stabilising manager(s) (or persons acting on behalf of any Stabilising Manager(sstabilising manager(s)) in the applicable Final Terms may over-allot Notes or effect transactions with a view to supporting the market price of the Notes at a level higher than that which might otherwise prevail. However, there is no assurance that the Stabilising Manager(sstabilising manager(s) (or persons acting on behalf of a Stabilising Managerstabilising manager) will undertake stabilisation action. Any stabilisation action may begin on or after the date on which adequate public disclosure of the terms of the offer of the relevant Tranche of Notes is made and, if begun, may be ended at any time, but it must end no later than the earlier of 30 days after the issue date of the relevant Tranche of Notes and 60 days after the date of the allotment of the relevant Tranche of Notes. Any stabilisation action or over-over allotment shall must be conducted in accordance with all applicable laws and rulesrates. 17.2 The Issuer confirms that it has been informed of the existence of the informational guidance published by the United Kingdom Financial Services Authority in relation to stabilisation.

Appears in 1 contract

Sources: Programme Agreement (Pepsico Inc)