Initial Collateral Shares definition

Initial Collateral Shares means 6,000,000 CDAY Shares and 19,000,000 DNB Shares to be deposited in the Collateral Accounts on or prior to the Closing Date.
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Initial Collateral Shares means 25,000,000 Shares to be deposited in the Collateral Accounts on or prior to the Closing Date.
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Initial Collateral Shares means 6,000,000 DAY Shares and 19,000,000 DNB Shares to be deposited in the Collateral Accounts on or prior to the Closing Date.
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Examples of Initial Collateral Shares in a sentence

  • The Company wishes to retain as much flexibility as possible to issue additional equity securities in the future without having to obtain Shareholder approval for such issues under Listing Rule 7.1. Accordingly, the Company is seeking Shareholder ratification pursuant to Listing Rule 7.4 for the issue of the Initial Collateral Shares.

  • The Company may at any time, cancel the AMSA and buy back the Initial Collateral Shares for no consideration (subject to obtaining shareholder approval).

  • As announced on 2 August 2018 the Company agreed to place 15 million shares (Initial Collateral Shares) from its ASX Listing Rule 7.1 capacity, for no consideration to Acuity Capital.

  • If Resolution 4 is passed, the Initial Collateral Shares will be excluded in calculating the Company’s combined 25% limit in Listing Rules 7.1 and 7.1A, effectively increasing the number of equity securities the Company can issue with Shareholder approval over the 12 month period following the date of issue of the Initial Collateral Shares.

  • The Initial Collateral Shares and the L1 Collateral Shares will be issued under the Company’s placement capacity under ASX Listing Rule 7.1. In accordance with the terms of the Lind Convertible Securities Agreement and the New L1 Convertible Securities Agreement, the Company is required to issue a cleansing notice or a cleansing prospectus in conjunction with the issue of any Shares under the respective agreements to remove any on-sale restrictions that may affect the Shares.

  • The advance of the funds under the Lind Convertible Securities Agreement is conditional on the Company issuing the Initial Collateral Shares (defined below) to Lind (or its nominee).

  • If Resolution 4 is not passed, the Initial Collateral Shares will be included in calculating the Company’s combined 25% limit in Listing Rules 7.1 and 7.1A, effectively decreasing the number of equity securities that the Company can issue without Shareholder approval over the 12 month period following the date of issue of the Initial Collateral Shares.

  • Rod Harris of the Center for Health Equality has information about a survey done on the issue of transportation17.

  • Journal of Teacher Education, 63(5), 304-317.National Research Council.

  • The effect of the Cleansing Offer and the issue of the Initial Collateral Shares and the L1 Collateral Shares on the capital structure of the Company is set out below.


More Definitions of Initial Collateral Shares

Initial Collateral Shares means 25,000,000 Shares to be deposited in the Collateral Accounts on or prior to the Closing Date. “Initial LTV Level” has the meaning specified in the Fee and Ratio Letter.
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Initial Collateral Shares means 6,000,000 CDAY Shares and 19,000,000 DNB Shares to be deposited in the Collateral Accounts on or prior to the Closing Date. “Initial LTV Level” has the meaning specified in the Fee and Ratio Letter. “Interest Payment Date” means the last Business Day of each calendar quarter and the Maturity Date. “Interest Period” means, for any Advance, each period (a) commencing on, and including, the calendar day immediately following any Interest Payment Date or, in the case of the initial such period for such Advance, the date on which such Advance is made and (b) ending on, and including, the next succeeding Interest Payment Date. “Interest Rate” means, with respect to any Interest Period, the applicable LIBOR plus the Spread. “Investment Company Act” means the United States Investment Company Act of 1940. “IRS” means the United States Internal Revenue Service. “Issuers” means, collectively, CDAY Issuer and DNB Issuer. “Issuer Agreement” means, collectively, each Issuer Agreement, dated as of the date hereof (or any later date on which any Person becomes an Applicable Lender), executed by an Issuer and a Lender, substantially in the form to be agreed to between the Lenders and such Issuer. “Judgment Currency” has the meaning specified in Section 9.14. “Law” means, with respect to any Person, collectively, all international, foreign, U.S. Federal, state and local statutes, treaties, rules, guidelines, regulations, ordinances, codes and administrative or judicial precedents or authorities, including the interpretation or administration thereof by any Governmental Authority charged with the enforcement, interpretation or administration thereof, and all applicable administrative orders, directed duties, licenses, authorizations and permits of, and agreements with, any Governmental Authority, in each case that is applicable to such Person or such Person’s business or operation and whether or not having the force of law. “Lender” has the meaning specified in the preamble hereto. “Lender of Record” has the meaning set forth in the definition of “Required Lenders”. “LIBOR” means, for any Interest Period with respect to any Advance:
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Initial Collateral Shares has the meaning specified in the Fee and Ratio Letter.
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Initial Collateral Shares means 37,437,625 Ordinary Shares and includes the SPA Shares.
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Related to Initial Collateral Shares

  • Original Collateral Sale Date means 8 December 2020.

  • Original Collateral Sale Price means EUR 33,500,000. Notwithstanding anything to the contrary in the Collateral Sale Agreement, the consideration for the Initial Charged Assets is the Issue Price of the Notes plus the entry into the Swap Agreement by the Issuer.

  • Available Investor Principal Collections means with respect to any Monthly Period, an amount equal to (a) the Investor Principal Collections for such Monthly Period, minus (b) the amount of Reallocated Collateral Principal Collections and Reallocated Class B Principal Collections with respect to such Monthly Period which pursuant to Section 4.12 are required to fund the Class A Required Amount and the Class B Required Amount, plus (c) the amount of Shared Principal Collections that are allocated to Series 1999-2 in accordance with subsection 4.13(b).

  • Investor Principal Collections means, for any Monthly Period, an amount equal to the aggregate amount of Principal Collections retained or deposited in the Principal Account for Series 2012-1 pursuant to Section 4.3(b)(ii) for such Monthly Period.

  • Collateral Available Funds means with respect to any Distribution Date, the Collateral Floating Percentage of Reallocated Investor Finance Charge Collections with respect to the preceding Monthly Period.

  • Reallocated Collateral Principal Collections means, with respect to any Transfer Date, Collections of Principal Receivables applied in accordance with subsections 4.12(a) and (b) in an amount not to exceed the product of (a) the Collateral Allocation with respect to the Monthly Period relating to such Transfer Date and (b) the Investor Percentage with respect to the Monthly Period relating to such Transfer Date and (c) the amount of Collections of Principal Receivables with respect to the Monthly Period relating to such Transfer Date; provided, however, that such amount shall not exceed the Collateral Interest after giving effect to any Collateral Charge-Offs for such Transfer Date.

  • Excluded Property shall have the meaning set forth in the Security Agreement.