Examples of Group Issuers in a sentence
It is clarified that if any one Group Issuer chooses to exercise its right to prepay, all the other Group Issuers shall be bound to prepay their respective Group Issuer Debentures and Group Issuer Amounts Due.
In case of the Calculation Period ending on March 31, such testing shall be done no later than 60 (sixty) days from the completion of the relevant Calculation Period, based on the annual audited financial statements of the Group Issuers in respect of the Calculation Period.
In case of the Calculation Period ending on September 30, such testing shall be done no later than 60 (sixty) days from the completion of the relevant Calculation Period, based on limited review financial statements (viz management accounts) of the Group Issuers for the trailing 12 months of the Calculation Period.
The Issuer acknowledges and agrees that in case the aggregate generation across the Group Issuers falls below P90 for 2 (two) consecutive years or falls by more than 5% of P90 in any 1 (one) year (as per latest EYA report), the Debenture Holders shall have a right to cause the Group Issuers to appoint an independent engineer to undertake site visits and inspection including aerial thermography of modules.
Prices across other cities either witnessed no change or increased marginally by 1%.
For the avoidance of doubt it is clarified that the Senior Debt shall exclude all monies infused by the Promoter, Sponsor, other Group Issuers or other Affiliates.
Nothing in this Section shall affect the obligation of the Euronet Group (Issuers of the Certificates) to make cash payments.
EBITDA means all income minus interest income from loans/debt to Obligors and/or their Affiliates minus all operating expenses incurred (excluding interest and depreciation) Senior Debt shall mean the total financial indebtedness of the Group Issuer which is first ranking including all senior term loans and working capital borrowings of all the Group Issuers, including the Group Issuer Debentures.