Examples of Constellation Australia in a sentence
The Scrip Consideration due to Scheme Shareholders under the Share Scheme will be satisfied by Constellation Australia procuring the issue of Constellation Scrip.
In this regard, the development of the alignment of the elements of the policy mix over time is cap- tured by the term temporal consistency.
However, as the Option Cancellation Loan is being lent to BRL Hardy on the basis that it will be converted to capital in BRLHardy by Constellation Australia shortly after the Schemes have been implemented, the Directors believe that the proposed loan arrangement will not be prejudicial to creditors of BRL Hardy.
However, as the Option Cancellation Loan is being lent to BRL Hardy on the basis that it will be converted to capital in BRL Hardy by Constellation Australia shortly after the Schemes have been implemented, the Directors believe that the proposed loan arrangement will not be prejudicial to creditors of BRLHardy.
Constellation has indicated that if the Share Scheme proceeds but the Option Scheme is not implemented for any reason, Constellation Australia intends to exercise its rights under Chapter 6A of the Corporations Act to compulsorily acquire the Options.
The only condition precedent to the payment of such funds to Constellation Australia through the series of agreements will be that Constellation must first have borrowed funds under the Credit Facilities and the Bridging Facility.
The combined effect of the agreements will be that funds equal to such cash sum will be made available to Constellation Australia immediately after the borrowing by Constellation under the Credit Facilities and the Bridging Facility of funds of the same or greater amount.
Constellation Australia is an indirect wholly-owned subsidiary of Constellation.
On the basis that the Opinion has not been updated since 22 December 2004, we hereby confirm that you and the Lenders may rely on the Opinion as if you were an original addressee thereof insofar as it relates to Constellation Australia and the Mortgage of Shares dated as of 22 December 2004 between Constellation Australia as Mortgagor and XX Xxxxxx Chase Bank as Security Agent in respect of the shares in Hardy Wine and other property (“Mortgage of Shares”).
The obligation on Constellation to issue such Constellation Shares as is necessary for Constellation Australia to satisfy the provision of Scrip Consideration up to the Scrip Consideration Cap to Scheme Shareholders is irrevocable.