Examples of Debenture Trustee Regulations in a sentence
The Trustee represents and warrants that it is eligible to act as a trustee for the issuance of the Debentures in accordance with the provisions of the Act, the relevant rules made thereunder, Debenture Trustee Regulations and other applicable Law, and that there are no events or circumstances existing as of the date of this Deed that disqualify it from acting as a trustee.
The Trustee hereby represents and warrants that, it is eligible to act as a debenture trustee for the Debentures in accordance with the provisions of the Companies Act, the Companies (Share Capital and Debentures) Rules, 2014, the Debenture Trustee Regulations and other Applicable Laws, and there are no events or circumstances existing as of the date of this Deed that disqualify it from acting as a debenture trustee.
The Company shall create and maintain a recovery expense fund in accordance with and as required as per the provisions of the Debenture Trustee Regulations (as amended from time to time) and the SEBI Circular bearing reference no.
The Trustee shall be guided in discharge of its duties and exercise of its rights by the Debenture Trustee Regulations and the Companies Act.
The Debenture Trustee represents and warrants that it is eligible to act as a trustee for the issuance of the Debentures in accordance with the provisions of the Act, the Share Capital and Debenture Rules, SEBI (Debenture Trustee) Regulations, 1993 (“Debenture Trustee Regulations”) and other Applicable Law, and that there are no events or circumstances existing as of the date of this Deed that disqualify it from acting as a trustee.
A body corporate or a company which is registered under the Securities and Exchange Board of India (Debenture Trustee) Regulations, 1993, as applicable from time to time, may be appointed to be a Debenture Trustee hereof.
The Debenture Trustee shall, at all times act in compliance with Applicable Law, including but not limited to the Securities and Exchange Board of India (Debenture Trustee) Regulations, 1993.
Without prejudice to the generality of sub-paragraph (a) above, the Issuer shall comply in all respects with any circular, guideline, direction, notification or rule issued by any Governmental Authority with respect to the Issue including but not limited to the IRDAI Regulations, the Debenture Trustee Regulations, the SEBI Regulations and the listing agreement entered into between Issuer and the Stock Exchange.
For the purposes aforesaid, forthwith upon receipt of the notice of retirement from the Debenture Trustee for the time being hereof or on the occurrence of a vacancy in the office of the Debenture Trustee, the Debenture Holders may, by a Majority Resolution, appoint a company, body corporate or a statutory corporation, which is registered under the Securities and Exchange Board of India (Debenture Trustee) Regulations, 1993 as Debenture Trustee who shall accede to all the Transaction Documents.
The Debenture Trustee shall at all times, act in compliance with Applicable Laws including but not limited to SEBI (Debenture Trustee) Regulations, 1993.