Existing Bondholders definition

Existing Bondholders means the bondholders in respect of the Existing Bonds.

Existing Bondholders means holders of Existing Bonds.

Existing Bondholders means the bondholders under the Existing Outstanding Bonds.

Examples of Existing Bondholders in a sentence

• Please refer to Section 3.2.2 of this Circular setting out the direct shareholding interests of the Existing Bondholders in the Company.

• For as long as the indebtedness incurred under Bonds is larger than the Existing Bonds, the instructing party in connection with enforcement under the Intercreditor Agreement is the representative of those of the Bondholders and the Existing Bondholders, voting for the relevant decision, whose Senior Debt at that time aggregate more than 50 per cent.

• The aggregate interest of POEL and HW in the Company will increase from approximately 63.78% to approximately 85.75% after completion of the Proposed Issuance of Consideration Shares to the Existing Bondholders.

• The potential that the Company’s financial resources are insufficient to fund its appraisal and development activities for the next 12 months, particularly in case the Proposed Financing Arrangement is not accepted by the Existing Bondholders or there are unforeseen delays in oil production or receipt of funds from oil sales, indicates a material uncertainty which may cast significant doubt over the Company’s ability to continue as a going concern.

• The rationale of the Proposed Issuance of Consideration Shares in connection with the Proposed KSE Bond Purchase from the Existing Bondholders is to reduce the debt burden of the Group, eliminate the need for any cash repayment or payment in view of the current financial and cash position of the Group, provide for some level of stability to the Group and alleviate pressures faced by the Group on its cash flow.

More Definitions of Existing Bondholders

Existing Bondholders means the person who is registered on a Securities Account as direct registered owner or nominee with respect to an Existing Bond.

Existing Bondholders means the bondholders under the Existing Secured Bond.

Existing Bondholders. Roll-over” means the Existing Bonds which in accordance with the Existing Bondholders’ acceptance of the Existing Bondholders’ roll-over shall be used as payment for the Bonds in the Initial Bond Issue (in kind) (“Roll-over Bonds”). Applicants delivering Roll-over Bonds will receive, in cash, on or about the early redemption date of the Existing Bonds and (ii) the premium of the call option amount to be paid by the Issuer for early redemption of the Existing Bonds (the “Exchange Offer Cash Component”).

Existing Bondholders means the persons who are registered in the CSD as directly registered owner or nominee holder of the bonds issued under the Existing Bond Issue.

Existing Bondholders means the holders of the Company's 10 1/2% Senior Subordinated Notes due 2007 immediately before giving effect to the exchange of such notes for the New Notes and the Series B Preferred Stock.

Existing Bondholders. Roll-Over” means the process whereby Existing Bondholders that have applied for and been allocated Bonds in the Bond Issue may participate in the Bond Issue by exchange of their Existing Bonds for Bonds (valued at par value). Accrued interest and premium will be payable as set out in paragraph (a) of Clause 2.6 (Settlement).

Existing Bondholders means the holders of the Existing Bonds. “Existing Bonds” means the bonds issued under the Existing Bond Issues.