Examples of Early Consent Fee in a sentence
The payment, rounded to the nearest cent with half a cent rounded upwards, that the relevant consenting Eligible Holders will be eligible to receive if they validly submit their Consent Instructions which are received by the Information and Tabulation Agent at or prior to the Early Consent Fee Deadline, being an amount equal to 0.5 per cent.
The payment, rounded to the nearest cent with half a cent rounded upwards, that the relevant consenting Eligible Holders will be eligible to receive if they validly submit their Consent Instructions which are received by the Information and Tabulation Agent after the Early Consent Fee Deadline but by or before the Voting Deadline, being an amount equal to 0.25 per cent.
Such Voting Instructions must be in favour of the Extraordinary Resolution in order for the relevant Holders to be so eligible for the Early Consent Fee.
The Agent does not administer the Early Consent Fee and is not involved in or in any way responsible for the Early Consent Fee.Payment is expected to be made without withholding or deduction for any applicable taxes and each Bondholder must make its own determination as to whether or not it is required to pay tax on any amounts it receives in connection with the Proposal.
The Company will maintain detailed information about the compensation and Out of Pocket Expenses paid by each Fund.
Noteholders who submit or deliver Voting Instructions after the Early Consent Deadline will not be eligible to receive the Early Consent Fee and Noteholders who submit or deliver Voting Instructions after the Expiration Time will not be eligible to receive either the Early Consent Fee or the Normal Consent Fee (each, a “Consent Fee”).
For the avoidance of doubt, Holders submitting Voting Instructions which are received by the Information and Tabulation Agent after the Early Consent Deadline will not be eligible to receive the Early Consent Fee.
The RED shall be no later than 30 September 2024 or such later date (the “Longstop Date”) as may be agreed in writing between the Company on the one hand, and the Majority Ad Hoc Group on the other hand, and shall occur as soon as reasonably practicable and within ten (10) Business Days of the Conditions Precedent being satisfied or waived.Early Consent FeeThe Early Consent Fee shall be paid in accordance with the terms of the RSA.
The Early Consent Fee shall comprise an amount in cash equal to 0.3% of the aggregate principal amount of the Early Eligible Participating Debt (as defined in the RSA) held by the Participating Creditor (as defined in the RSA) as at the Early Consent Fee Deadline (as defined in the RSA).
Subject to approval of the Proposal and any other condition(s) set out in this Notice, Bondholders voting through Nordea no later than such time are eligible to receive an Early Consent Fee and, if they vote in favour of the Proposal and so request in the Nordea PoA and Voting Instruction, eligible to receive a Priority Allocation.