Consent Fee Deadline definition
Examples of Consent Fee Deadline in a sentence
On 30 July 2024, Intrum announced its decision to extend the Early Bird Consent Fee Deadline.
To provide additional time for noteholders to review the terms of the RCF amendment and extension, accede to the Lock-up Agreement and benefit from the Early Bird Consent Fee, Intrum has obtained consents of the requisite majorities under the Lock-up Agreement to further extend the Early Bird Consent Fee Deadline from 11.59 pm (London time) on 19 August 2024 to 11.59 pm (London time) on 27 August 2024.
Existing Noteholders who accede to the Revised Lock-Up Agreement in advance of the Consent Fee Deadline (as defined therein) are eligible to receive a "Consent Fee" equal to a pro rata share of 0.5% of the principal amount of the Existing Notes, on terms more particularly described in the Revised Lock-Up Agreement.
The Accession Letter and Participating Debt Notice must be delivered electronically via ▇▇▇▇▇://▇▇▇▇▇▇▇.▇▇▇▇▇▇▇▇▇.▇▇▇/Goldenwheel prior to the Consent Fee Deadline.
The Consent Fee shall comprise an amount in cash equal to 0.1% of the aggregate principal amount of the Eligible Participating Debt held by the Participating Creditor as at the Consent Fee Deadline, which may be extended in accordance with the terms of the RSA.