Initial Bondholder definition
Examples of Initial Bondholder in a sentence
Save as amended by this Agreement, the provisions of the Original Bond Agreement, the obligations of the parties and all the rights of the Company and the Initial Bondholder thereunder shall continue in full force and effect and this Agreement and the Amended and Restated Bond Agreement shall be read and construed as one instrument.
The Initial Bondholder and each subsequent Bondholder (by its accession to this Agreement by a Transfer and Accession Deed) agrees that, for so long as it is a holder of any Bonds, it shall not enter into any purchase or sale agreements for ADSs, nor engage in any short sale transactions in ADSs, in each case on any Dealing Day on which such number of ADSs subject to such transactions entered into by such Bondholder account for more than: (a) 40 per cent.
The Company will afford the benefits of this Section 2.02(b) to any Institutional Investor that is the direct or indirect transferee of any Bond purchased by such Initial Bondholder under the Indenture.
Following a transfer of Bonds, the relevant transferor (including the Initial Bondholder, if applicable) shall have no liability for the actions of transferees or other Bondholders, nor shall it have any obligation to enforce the terms of Clause 12.2 (Agreement Not to Short Sell Ordinary Shares or ADSs in Calculation Periods) and Clause 12.3 (Maximum Trading Volume) or any other terms of this Agreement against any other Bondholders.
Payment of the principal of this Security and interest hereon at Maturity shall be made to (i) the Initial Bondholder, by the method and at the address specified by such Initial Bondholder, subject to Supplement Indenture No. 10, or (ii) upon presentation of this Security at the Corporate Trust Office of U.S. Bank Trust Company, National Association in St. Paul, Minnesota or at such other office or agency as may be designated for such purpose by the Company from time to time.