Examples of Ineligible Noteholder in a sentence
Any overseas bank charges including fees and costs in respect of processing cheques drawn on an Australian bank or currency conversion, will be charged to the applicable Ineligible Noteholder and will reduce their Sale Proceeds.
Each Noteholder which arranges for an Electronic Voting Instruction to be submitted must also confirm in such Electronic Voting Instruction whether it is an Eligible Noteholder or an Ineligible Noteholder.
The Cash Amount to be paid to each Ineligible Noteholder pursuant to the Exchange Offer or on Mandatory Cancellation of its Existing Notes shall be an amount in cash in euros equivalent to the aggregate nominal amount of New Notes that such Ineligible Noteholder would have been entitled to receive pursuant to the Exchange Offer or the Mandatory Cancellation if it had been an Eligible Noteholder.
The Nominee will remit the total proceeds of the sales (after deducting any applicable fees, reasonable brokerage or other selling costs, taxes and charges) (Total Cash Proceeds) to SNC, who will pay, or procure the payment, to each Ineligible Noteholder, the proportion of the Total Cash Proceeds to which they are entitled under the Proposed Restructure (Sale Proceeds).
The deadline for receipt by the Tabulation and Information Agent of Consent Instructions or Ineligible Noteholder Instructions from Holders wishing to vote in respect of the Extraordinary Resolution is 4:00 p.m. (London time) on 7 July 2022, unless extended by the Issuer as provided in the Consent Solicitation Memorandum.