HL UPOs definition

HL UPOs means those certain unit purchase options to purchase an aggregate of 250,000 units of HL issued in HL’s initial public offering.
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Examples of HL UPOs in a sentence

  • To HL’s knowledge, fewer than 150 natural or legal persons in each member of the European Economic Area and the United Kingdom hold, as of record and/or beneficially, HL Ordinary Shares, HL Warrants, HL Rights, or HL UPOs other than qualified investors (within the meaning of Article 2(e) of Regulation (EU) 2017/1129 of the European Parliament and of the Counsel of 14 June 2017).

Related to HL UPOs

  • Ramp-Up Period means the period from and including the Effective Date to, but excluding, September 23, 2016.

  • CSSF means the Commission de Surveillance du Secteur Financier;

  • S&P means Standard & Poor’s Ratings Services, a division of The XxXxxx-Xxxx Companies, Inc. and any successor thereto.

  • B-BBEE means broad-based black economic empowerment as defined in section 1 of the Broad-Based Black Economic Empowerment Act;

  • Rapid Amortization Event has the meaning given to it in Section 5.16.

  • Performing Cash Pay High Yield Securities means High Yield Securities (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semiannual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • MFMA means the Local Government: Municipal Finance Management Act, 2003 (Act No 56 of 2003);