Examples of Early Bird Consent Fee in a sentence
Lock-up to Revised Terms and New Early Bird Consent Fee On 2 June 2014, the Company offered an early bird consent fee to holders who were party to, or acceded to, the lock up agreement by 25 June 2014.
For the avoidance of doubt, also Bondholders receiving an Early Bird Consent Fee, Bondholders voting against the Request and Bondholders not voting at all are eligible to receive the Consent Fee.
Provided that the Proposal has been passed, the Issuer has the right, but not the obligation, in its sole discretion to pay the Consent Fee and the Early Bird Consent Fee before the Back Stop Date regardless of whether the Effective Date has occurred in which case the Consents, Waivers and Amendments will become effective in full (the “Voluntary Payment”).
If you are voting against the Request you do not need to provide account details for receipt of the Early Bird Consent Fee.
The Information Agent shall notify each eligible Consenting Noteholder of its pro- rata share of the Early Bird Consent Fee and/or Consent Fee at least three (3) Business Days in advance of the anticipated Transaction Effective Date (the “ Consent Fee Notification Date”).
Subject to the satisfaction or waiver of the Fee Conditions, the Early Bird Consent Fee will be paid by the Issuer to the Bondholders eligible to receive such fee on the Bondholders’ account details specified in the Voting Instruction no later than ten Business Days from the later of (i) the Approval Date and (ii) the earlier of (A) the Subsequent Bond Issue Date or(B) the Waiver Date.
For the avoidance of doubt, any Consenting Noteholder entitled to payment of the Early Bird Consent Fee may also be entitled to payment of the Consent Fee.
In case a Bondholder elects to vote directly through the Agent (and hence not be eligible to the Early Bird Consent Fee (as defined in Section 3.1.2)) in an Agent Voting Form, the Agent Voting Form shall be submitted to the Agent.
Unless otherwise agreed between the Consenting Noteholder and the Company, payment of the Consent Fee and the Early Bird Consent Fee will be made in EUR for Locked-Up Notes Debt denominated in EUR and USD for Locked-Up Notes Debt denominated in USD, with EUR converted to USD at the spot rate of exchange per C of the definitions of “Consent Fee” and “Early Bird Consent Fee”, respectively.
The payment of the Early Bird Consent Fee shall be made on the date which falls ten (10) Business Days after the Effective Date.For the avoidance of doubt, if the Proposal is approved, any Noteholder’s for which responses are received by the Solicitation Agent prior to the Early Bird Consent Fee Deadline, will receive both the Early Bird Consent Fee and the Consent Fee, in aggregate amounting to 0.50 per cent.