Further Issuance definition
Examples of Further Issuance in a sentence
Further Issuance of Interests; Operating Expenses Reimbursement Obligation(s).
A.1.8. Those Guaranteed that have obtained an Eligibility Certificate for a Bond Line must notify the Scheme Administrator within 5 Business Days of the first Further Issuance under the Bond Line.
Each Series shall be responsible for its Operating Expenses, all costs and expenses incidental to the termination and winding up of such Series and its share of the costs and expenses incidental to the termination and winding up of the Company as allocated to it in accordance with Section 6.4. Section 6.3 Excess Operating Expenses; Further Issuance of Interests; Operating Expenses Reimbursement Obligation(s).
C.1.7. The Scheme Administrator will advise the relevant State or Territory of the nominal reducing Existing Stock profile and the Category 1 Further Issuance maturity profile calculated on the basis of the application of the above principles.
Such option may be exercised by notice to the Company given at any time within 20 Business Days following the Company’s Notice accompanied by payment in full for that proportion of the Further Issuance to be subscribed for.
Each Series shall be responsible for its Operating Expenses, all costs and expenses incidental to the termination and winding up of such Series, and its share of the costs and expenses incidental to the termination and winding up of the Company as allocated to it in accordance with Section 6.4.Section 6.3Excess Operating Expenses; Further Issuance of Interests; Operating Expenses Reimbursement Obligation(s).
Further Issuance of Interests: A further issuance of Interests of the Series may be made in the event the Property Management Expenses exceed the income generated from the Underlying Asset and any cash reserves (including the Reserves for Asset Cost or First Year Operating Expenses) and the Company does not take out sufficient amounts under the Operating Expenses Reimbursement Obligation to pay such excess Property Management Expenses, nor does the Manager pay such amounts and does not seek reimbursement.
Each Shareholder shall have a right (“Pre-Emptive Right”), but not the obligation, to purchase such number of Equity Securities in the Further Issuance pro rata to their Shareholding in the Company on a Fully Diluted Basis.
Further Issuance of Interests: Asset Manager: Platform: Free Cash Flow: Management Fee: Distribution Rights: A further issuance of Interests of a Series may be made in the event the Operating Expenses of that Series exceed the income generated from its Underlying Asset and cash reserves of that Series.
Cathay and CDH shall have the option but not the obligation to subscribe at the price set forth in the Company’s Notice for that proportion of Further Issuance equivalent to the percentage (%) which the number of Common Stocks held by Xxxxxx or CDH bears to the total number of issued Common Stocks of the Company at the time when the Company’s Notice is issued.