Examples of Connected Debt Securities in a sentence
For the other terms of the Connected Debt Securities, they would have been determined by the relevant issuers of the Connected Debt Securities at the time such securities were first issued.
For the other terms of the Connected Debt Securities, they would have been determined by the relevant Connected Issuers at the time such securities were first issued.
By entering into the CKH Master Agreement, no CKH Connected Issuer is under any obligation to issue, and none of the Company and its subsidiaries is under any obligation to acquire, any CKH Connected Debt Securities.
For the other terms of the CKH Connected Debt Securities, they would have been determined by the relevant CKH Connected Issuers at the time such securities were first issued.
For the other terms of the HSE Connected Debt Securities, they would have been determined by the relevant HSE Connected Issuers at the time such securities were first issued.
By entering into the HSE Master Agreement, no HSE Connected Issuer is under any obligation to issue, and none of the Company and its subsidiaries is under any obligation to acquire, any HSE Connected Debt Securities.
The formulations set out in (i) and this paragraph were determined as the cap for any possible acquisition of the Connected Debt Securities during the CCT Relevant Periods and at the same time effective to avoid any undue concentration in a single issue of the Connected Debt Securities and to achieve a reasonable degree of diversification, which based on the experience of the independent financial adviser are in line with the market practice.
The lower of HK$2.5 billion or 20% of the aggregate Net Liquid Assets was determined as the cap for the acquisition of the Connected Debt Securities to avoid undue concentration in a single issue of Connected Debt Securities and to achieve a reasonable degree of diversification, which is in line with the market practice as opined by the Independent Financial Adviser.
However, the requirement that the securities should be listed on a recognised exchange, or should be “144A” or “Regulation S” or that they should have a value, with other outstanding Connected Debt Securities of the same issuer, of US$500 million or more should mean that the holdings of Connected Debt Securities should have a certain degree of marketability in normal conditions.
By entering into the Master Agreements, no Connected Issuer is under any obligation to issue, and none of the Company and its subsidiaries is under any obligation to acquire, any Connected Debt Securities.