Examples of Excluded Companies in a sentence
Under the Restructuring Agreement, upon completion, all the issued shares of several subsidiaries of the Company (the “Excluded Companies”) will be transferred to a nominee of the scheme administrators for the benefit of the Scheme Creditors at a nominal consideration of HK$1 and any guarantee or indemnity given by the Company in respect of the obligations or liabilities of each of the Excluded Companies shall be released and discharged in full upon such transfer.
Impact on our funds The Policy applies to all our funds, however, the Aviva Investors UK Property Feeder Inc Fund and the Aviva Investors UK Property Feeder Acc Fund purely invest into the Aviva Investors UK Property Fund (which is within the scope of the Policy) and cash, and therefore will not have any exposure to Excluded Companies.
The Funds are also prohibited from having indirect exposure to Excluded Companies except where: – The Fund has indirect exposure to a financial index and Excluded Companies are constituents of the financial index and, – The Fund invests in other funds managed by third parties.
Secretary The Excluded Companies are Entergy's retail operating companies (Entergy Arkansas Inc., Entergy Louisiana Inc., Entergy Mississippi Inc., Entergy New Orleans Inc.
Aviva Investors UK Fund Services Limited has prohibited direct investment by the Funds into any Excluded Companies.