Examples of Further Tranche in a sentence
In the event of an issue by the Issuer of a Further Tranche of Notes pursuant to Condition 1 (Form, Denomination and Title), the Determination Agent shall, without the consent of the Secured Creditors or any other parties, adjust the Conditions, the Swap Agreement and any other Trade Documents as it deems necessary in order to reflect such further issue by the Issuer and to preserve the economic equivalence of the Notes, the Swap Agreement and other relevant Trade Documents prior to such further issue.
If a further Tranche (a "Further Tranche") is issued in respect of a Series under which a Tranche or Tranches of Notes have already been issued (an "Original Tranche(s)"), the pool of assets (the "Further Charged Assets") relating to such Further Tranche will be fungible with or otherwise equivalent to the Charged Assets for the Original Tranche(s) and the Related Agreement for the Original Tranche(s) will be amended to apply to both the Original Tranche(s) and such Further Tranche.
If a further Tranche (a "Further Tranche") is issued in respect of a Series under which a Tranche or Tranches of Notes have already been issued (an "Original Tranche(s)"), each TRS (as defined in Condition 31 (Definitions)) for the Original Tranche(s) will be amended to apply to both the Original Tranche(s) and such Further Tranche.
Any Further Tranche of Notes will initially be represented by a separate Temporary Global Note in respect of such Further Tranche, which will be exchangeable in accordance with its terms for an interest in the Permanent Global Note in respect of the Notes to which such Further Tranche relates.
In respect of any Further Tranche, the applicable date set out in the Further Conditions (the "Subsequent Issue Date").
The specific terms and conditions of any Further Tranche of Notes issued on any Subsequent Issue Date, to the extent not set out herein or to the extent that the terms and conditions set out herein require supplementing and/or modification to the extent that they relate to such Further Tranche, will be set out in the Further Conditions relating to each such Further Tranche.
Any such temporary global note will be exchangeable for an interest in the permanent global note in respect of the Notes at any time after the date falling 40 days after completion of distribution of the Further Tranche of Notes.
The terms and conditions of this Further Tranche are the Conditions, as amended and supplemented by the Supplemental Conditions as such Supplemental Conditions are amended and supplemented by these Further Conditions.
Any Further Tranche of Notes will initially be represented by a separate temporary global note in respect of such Further Tranche.
In accordance with the Conditions, as amended and supplemented by the Supplemental Conditions, this Further Tranche shall, together with the Original Notes, constitute a single Series of the Notes.