Examples of Interbolsa Instrument in a sentence
The Trust Deed and, in relation to Book Entry Notes only, the Interbolsa Instrument contain provisions for convening meetings of the Noteholders to consider any matter affecting their interests, including the sanctioning by Extraordinary Resolution of a modification (including abrogation) of any of the provisions of these Terms and Conditions, the Notes, the Receipts, the Coupons or the Trust Deed.
The Trust Deed and, in relation to Book Entry Notes only, the Interbolsa Instrument contain provisions for convening a single meeting of the Noteholders and the holders of notes of other Series in certain circumstances where the Trustee so decides.
The holding of any adjourned Meeting will be subject to the Issuer giving notice, in accordance with the Conditions and the provisions for meetings of Noteholders set out in the Interbolsa Instrument that such adjourned Meeting is to be held.
The execution of the Supplemental Trust Deeds (and, in the case of the PT Notes, the New Interbolsa Instrument) will take place after the relevant Extraordinary Resolutions have been passed, although the terms of the Supplemental Trust Deeds (and, in the case of the PT Notes, the New Interbolsa Instrument) remain conditional on, and will not take effect unless and until, the completion of the Capital Increase.
If the relevant Supplemental Trust Deed is not executed prior to the completion of the Capital Increase, such waivers will be rescinded and will be deemed never to have been given.The other Proposals in relation to the PT Notes will be implemented by the Programme Supplemental Trust Deed and the New Interbolsa Instrument, and the other Proposals in relation to the Exchangeable Bonds will be implemented by the Exchangeable Bonds Supplemental Trust Deed.
These amendments are set out in full in the Supplemental Trust Deed, the Supplemental Agency Agreement and the New Interbolsa Instrument, copies of which may be requested from the Tabulation Agent, and which are also available for inspection at the office of the Tabulation Agent at the address stated on the back page of this Consent Solicitation Memorandum and at the Company’s registered office at Avenida Fontes Pereira de Melo, no.
The Issuer and the Guarantor are inviting Noteholders to approve, by Extraordinary Resolution pursuant to the Conditions, the Trust Deed and the Interbolsa Instrument, modifications to the Conditions and the Trust Deed as follows and as further described in the Supplemental Trust Deed, the Supplemental Agency Agreement and in the New Interbolsa Instrument.
The Issuer and/or the Guarantor reserve the right, at their absolute discretion, to withdraw any or all of the Proposal at any time before the Meeting (or any adjourned Meeting) or to refrain from, before the Completion of the PT Portugal Sale, entering into the Supplemental Trust Deed, the New Interbolsa Instrument or the Supplemental Agency Agreement even if the Extraordinary Resolution is passed.
The Proposal will be implemented by the Supplemental Trust Deed, the New Interbolsa Instrument and the Supplemental Agency Agreement.
Furthermore, the Issuer and the Guarantor reserve the right in their absolute discretion to, before the Completion of the PT Portugal Sale, withdraw any or all of the Proposal or to refrain from entering into the Supplemental Trust Deed and the New Interbolsa Instrument or the Supplemental Agency Agreement, even if the Extraordinary Resolution is passed.