Examples of Holding Period Trust Deed in a sentence
Under the terms of the Holding Period Trust Deed, any unclaimed instruments held by the Holding Period Trust following the expiration of an 18-month holding period were to be extinguished / re- deemed, as agreed amongst the parties.
A Disqualified Creditor who fails to comply with the Disqualified Creditor Distribution Requirements within twenty (20) days of the Holding Period Trustee notifying it of the termination of the Holding Period Trust shall be deemed to have abandoned their right to receive a cash distribution from the Holding Period Trustee, without any further right to make any claim in respect of its Group Claim and such cash shall be redistributed in accordance with the terms of the Holding Period Trust Deed.
Admitted Group Creditors who have not satisfied the Initial Distribution Requirements or the Subsequent Distribution Requirements (as applicable), including in each case a Disqualified Creditor, will have their Holdco Facilities Commitments issued and delivered to the Holding Period Trustee on the Restructuring Effective Date, who will hold such entitlements on trust for the relevant Holdback Creditor, subject to the terms of the Holding Period Trust Deed.
A statement shall be included that the Insurance and Indemnification Requirements included as Attachment 1 have been read and understood; and will be accepted by the Consultant without modification upon entering into an agreement with the City of Des Moines.
Disqualified Creditors will have their Holdco Facility Commitments issued and delivered to the Holding Period Trustee on the Restructuring Effective Date, who will hold such entitlements on trust for the relevant Disqualified Creditor, subject to the terms of the Holding Period Trust Deed.
While most of the U.S. and Cana- dian installed base of vinyl win- dows and patio doors are still in productive use in millions of homes and willbe for many years to come, AAMA’s VMCis preparing for the day when they will be replaced.
The record of the decision-making process notes that the PNC showed convictions which were spent and therefore irrelevant.
A summary of the key features of the Holding Period Trust Deed is set out below.
The Holding Period Trustee is entering into the Holding Period Trust Deed in order to create, and the Information Agent is entering into the Holding Period Trust Deed to facilitate, the holding period trust arrangement contemplated by the Restructuring Plan.
If an Ineligible Scheme Creditor fails to establish its entitlement to the Trust Assets in accordance with the terms of the Holding Period Trust Deed prior to the Bar Time, that Ineligible Scheme Creditor shall not be entitled to receive any Scheme Consideration under the Scheme.