Examples of IFC Securities in a sentence
The dividend payments were made on January 3, 2012, April 2, 2012 and July 3, 2012, respectively.
It is clarified that the Series H CCPS shall convert on the listing of the Equity Shares pursuant to the QIPO or IPO as approved by the Shareholders, if all existing Equity Securities (including the IFC Securities, Helion Securities, FC Securities, DEG Securities, Proparco Securities and the Series G CCPS) convert on or before the date of conversion of the Series H CCPS.
Source: IFC Securities and Exchange Commission (SEC) of Ghana and the International Finance Corporation (IFC), a member of the World Bank Group, on May 05th 2021 announced a partnership to facilitate investments in projects that address climate and environmental issues through green bonds.Under the agreement, IFC, will help the SEC develop guidelines for issuers and investors for green bonds in Ghana.
It is further clarified that the rights as are assigned to the transferees of IFC Securities as set out above shall be exercised by them individually.
It is clarified that the above rights shall be available to the transferee of IFC Securities without being subject to any condition relating to holding a minimum percentage of Share Capital in the Company on a Fully Diluted Basis.
It is clarified that the transfer by IFC of forty percent (40%) or more of the IFC Securities (“IFC Negotiated Transfer”) shall be subject to the provisions of Article 159.
At IFC’s request, the Relevant Parties shall provide to a potential purchaser of the IFC Securities such information about the Company as IFC may reasonably request, subject to Applicable Law, including reasonable access to the Company’s management, staff and Directors as necessary or desirable for the Transfer of the IFC Securities.
The Normal Conversion Factor is specified based on the assumption that all the existing Equity Securities (including the IFC Securities, Helion Securities, FC Securities, DEG Securities, Proparco Securities, the Series G CCPS and the Series H CCPS) have converted on or before the date of conversion of the Series I CCPS.
The Parties agree that the Transferee Deed of Adherence to be executed by the transferee of IFC Securities shall be modified appropriately to reflect the provisions of this Article 25(h).
It is clarified that nothing contained in this Clause 25 shall affect the rights that are assigned by IFC to the transferees of IFC Securities pursuant to Clause 11(h)(ii).