Examples of CN Holder in a sentence
Due to the lack of its own experience, Syndicate 1618 is also benchmarked directly against Syndicate 2987, allowing for any specific feature of Syndicate 1618 which support deviation.
The CN Holder will, upon request, execute and deliver any additional documents deemed by the Tender and Information Agent or by the Offeror to be necessary or desirable to complete the sale, assignment transfer and cancellation of the Listco Convertible Notes tendered hereby or to evidence such power and authority.
The CN Holder hereby requests that any Listco Convertible Notes representing principal amounts not tendered or not accepted for purchase be issued in the name of, and delivered by credit to, the account of DTC, Euroclear or Clearstream, Luxembourg, as applicable.
The CN Holder hereby represents and warrants that it has full power and authority to tender, sell, assign and transfer the Listco Convertible Notes tendered hereby and that when such tendered Listco Convertible Notes are accepted for purchase and payment by the Offeror, the Offeror will acquire good title thereto, free and clear of all liens, restrictions, charges and encumbrances and not subject to any adverse claim or right and together with all rights attached thereto.
Unless a current accrual election is made, generally aU.S. CN Holder of a Listco Convertible Note with market discount is not required to include in income all or a portion of any accrued market discount until cash is received with respect to the principal of such Listco Convertible Note (e.g., in connection with a disposition of the Note).
The CN Holder understands that the delivery and surrender of any Listco Convertible Notes is not effective, and the risk of loss of the Listco Convertible Notes does not pass to the Tender and Information Agent, until receipt by the Tender and Information Agent of an Agent’s Message properly completed and duly executed, together with all accompanying evidences of authority and any other required documents in form satisfactory to the Offeror.
Electronic voting will be conducted via an approved UNLV voting service.
This rule will not apply to a U.S. CN Holder who previously elected to include market discount in income as it accrued for federal income tax purposes, in which case such U.S. CN Holder’s adjusted tax basis will have been increased as such accrued market discount was included in income.
Any such capital gain or loss will be long-term if the U.S. CN Holder has held the Listco Convertible Note for more than one year as determined at the time of the sale of the Listco Convertible Note pursuant to the CN Offer.
The CN Holder understands that tenders of Listco Convertible Notes pursuant to any of the procedures described in this Composite Document and acceptance of such Listco Convertible Notes by the Offeror will constitute a binding agreement between CN Holders and the Offeror upon the terms and subject to the conditions of this Composite Document.