Examples of Bonds Act in a sentence
On: (i) the date of commencing the Issuer’s liquidation or (ii) the date of a merger, demerger or transformation in the case of a merger of the Issuer with another entity, its demerger or the transformation of its legal form, if the entity that has entered into the Issuer’s obligations under the Bonds, in accordance with the Bonds Act, does not have the right to issue them, the Bonds will become immediately due and payable.
The Agents do not perform the function of a bank representative within the meaning of Article 78 of the Bonds Act, and are not obliged to represent the Bondholders towards the Issuer.
The rights under the Bonds are transferred in accordance with the provisions of the Bonds Act and the Act on Trading in Financial Instruments; once the Bonds have been registered in KDPW, the rights under the Bonds are also transferred in accordance with the KDPW Regulations.