Examples of Existing AST in a sentence
The proposal for the early redemption of the 2018 AST Prospects MTF Bonds placed before the Existing AST Bondholders’ meeting shall only be considered approved if at least 60% in nominal value of the Existing AST Bondholders present at the meeting at the time when the vote is being taken, in person or by proxy, shall have voted in favour of the proposal.
The site location on a surface wa- ter drainage divide coupled with evi- dence of both perched and semi- confining groundwater conditions pre- sented a challenging hydrogeologic problem.
It provides an explanation of the bispectrum, and how to read one.
The quorum at the Existing AST Bondholders’ meeting is at least 2 bondholders present, in person or by proxy, representing not less than 50% in nominal value of the 2018 AST Prospects MTF Bonds then outstanding.
Any subscriptions received during the Intermediaries’ Offer shall be subject to the same terms and conditions as those applicable to Applications by Existing AST Bondholders, but limited to the remaining balance of Bonds after fully allocating the Bonds applied for by Existing AST Bondholders by means of a 2018 Bond Transfer, subject to a Cash Top-Up, as and if applicable, as detailed in sub-section 6.2 above.
Bonds applied for by Existing AST Bondholders by way of 2018 Bond Transfer, as described above, shall be allocated prior to any other allocation of Bonds.
A 2018 Bond Transfer shall be without prejudice to the rights of Existing AST Bondholders to receive interest on the 2018 AST Prospects MTF Bonds up to but excluding 16 June 2023.
Existing AST Bondholders will have the Redemption Premium settled in cash upon redemption of the 2018 AST Prospects MTF Bonds (by direct credit into the Existing AST Bondholder’s bank account).
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Existing AST Bondholders electing to subscribe for Bonds through the transfer to the Issuer of all or part of the 2018 AST Prospects MTF Bonds held by them as at the Cut-Off Date, including any Cash Top-Up necessary as stated above (“2018 Bond Transfer”), shall be allocated Bonds for the corresponding nominal value of 2018 AST Prospects MTF Bonds transferred to the Issuer, including Cash Top-Up, where applicable.