Examples of Credit Enhancement in a sentence
As such, the Credit Enhancement Measure provided by Xx. Xxxx shall be exempt from reporting, announcement and independent Shareholders’ approval requirements under Rule 14A.90 of the Listing Rules.
The Credit Enhancement Measure provided by Xx. Xxxx is on normal commercial terms or better and no security over assets of the Group will be granted in respect of the Credit Enhancement Measure to be provided by Xx. Xxxx.
LISTING RULES IMPLICATIONS The transactions contemplated under the Agreements do not constitute notifiable transactions under Chapter 14 of the Listing Rules; in particular, the Credit Enhancement Measures (which include the SY Factoring Counter Guarantee) constitute financial assistance provided by the Purchaser Group to the Vendor Group for the benefit of Wuxi Guojin to secure the Vendor Group Financing and the Vendor Group Guarantee.
Pursuant to Rule 14.04(1)(e)(ii) of the Listing Rules, the Credit Enhancement Measures shall not constitute notifiable transactions under Chapter 14 of the Listing Rules.