Examples of Loan Investor in a sentence
Each Subordinated Convertible Loan investor has the number of votes in any year equal to the number of shares Class B that the Convertible Loan Investor would have held if the Convertible Subordinated Loans would have been converted into shares Class B on the last business day of the previous financial year at a conversion price calculated in accordance with Convertible Subordinated Term Loans Facility.
The Term Loan Investor Defendants move to dismiss the Amended Complaint for insufficient service of process under Fed.
The Term Loan Investor Defendants argue that the prepetition payments to JPMC for the benefit of the defendants qualify as both a “settlement payment” and as a “transfer made by or to (or for the benefit of)” a financial institution “in connection with a securities contract,” and, as such, are exempt from avoidance under either prong of section 546(e) of the Bankruptcy Code.
First, the Term Loan Investor Defendants argue that the six year delay in service of summons and the Initial Complaint upon them violated their due process rights since they did not receive constitutionally adequate notice of the proceedings and have been prejudiced as a result.
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