Examples of Further Note in a sentence
Further Note: Please be advised that our Company may never raise enough capital to move forward with its intended business operations.
Further Note also explains that since the Administrator has taken charge of the affairs of the Company on October 4, 2021, the Administrator is not liable or responsible for any actions and regarding the information pertaining to the period prior to October 4, 2021 and has relied upon the explanations, clarifications, certifications, representations and statements made by the existing management of the Company, who were also part of the Company prior to the appointment of the Administrator.
A Further Note on the Derivation of Quarterly Figures Consistent with Annual Data.
To the extent that, pursuant to Clause 9 of the Subordinated Loan Agreement, the principal amount of the Further Subordinated Loan (together with any interest thereon and the Monetary Damages) is reduced, then the principal amount of each of the Further Notes will be written down on a pro rata basis, upon such reduction of the Further Subordinated Loan, without any further payments due on such principal amount of each Further Note that is written down.
Further, Note No. 66 to the Ind AS financial statements explains that the Company as per the Code on the date of commencement of CIRP i.e. October 8, 2021 has converted foreign currency debt into INR and accordingly has not translated its foreign currency exposure as on March 31, 2023, as per requirements of Ind AS 21.
Further, Note No. 63 to the Ind AS financial statements explains that basis revised ECL rates and the impairment reserve made in earlier periods in cases where they exceed gross exposure, the Company made a lesser provision under the ECL, so as to restrict the net exposure at Nil, since no withdrawal from impairment reserve is permitted which is also not in accordance with Ind AS 109.
The purchaser agrees that no Further Note (or any interest therein) may be sold, pledged or otherwise transferred in a denomination of less than the applicable Minimum Denomination set forth in the Trust Deed and described herein.
So long as any Further Note remains Outstanding, copies of the most recent annual financial statements of the Issuer, if published, can be obtained at the specified offices of the Registrar during normal business hours.
Except as provided in the remainder of this paragraph, each transferee of a Further Note will be required to deliver to the Issuer, the Trustee and the Registrar a duly executed transferee certificate in the form of the relevant exhibit attached to the Trust Deed and such other certificates and other information as the Issuer, the Registrar or the Trustee may reasonably require to confirm that the proposed transfer complies with the transfer restrictions contained in this Prospectus.
Please Further Note: Firm representatives maintain the above registrations/licenses to continue to service legacy variable annuity products.