Examples of Initial Bondholder in a sentence
In full satisfaction of the Bond Trustee/Bondholder Claims, the Bondholders will receive, under the settlement described in Section 7.1(b) of the Plan, their pro rata share of: (A) the Initial Bondholder Payment, (B) a Cash distribution equal to the Excess Debt Service Reserve Fund Amount, and (C) the New Bonds.
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.
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 and the Initial Bondholder entered into a bond agreement dated 31 March 2022 which was amended and restated by an amendment and restatement agreement dated 5 April 2022 (the “Original Bond Agreement”).