Examples of MPC Relevant Claim in a sentence
In particular, there would inevitably be debate in any given case as to whether an MPC Relevant Claim should properly be classified as a SIHPL MPC Relevant Claim or an SIHNV MPC Relevant Claim.
If a party files the (alleged) SIHNV MPC Relevant Claim on behalf of another party, the Claims Administrator will require proof of a valid authorisation.
It is very difficult to make definitive judgements about the relative merits of a SIHPL MPC Relevant Claim or an SIHNV MPC Relevant Claim, or the relative merits of MPC Relevant Claims asserted under, or properly governed by, South African, Dutch or German law.
SIHNV and SRF will not raise any Limitation Defence that relies on time running commencing on any moment in time until the Bar Date, to the extent the relevant MPC Relevant Claim was validly filed on or before the Bar Date.
In such cases, under the terms of this SIHNV Composition Plan, the creditor holding an SIHNV MPC Relevant Claim is considered to be the beneficial owner of the relevant shares, not the legal owner.
The foregoing does not prevent a beneficial owner from authorising the respective legal owner (or another party) to, on its behalf, file an SIHNV Filing and Voting Instruction, vote at the Voting Hearing or file its SIHNV MPC Relevant Claim under the terms of this SIHNV Composition Plan on or before the Bar Date.
The foregoing complications do not arise if the party that holds (or held) the relevant shares in respect of the SIHNV MPC Relevant Claim is (or was) both the legal and beneficial owner.48.51.
Secondly, it is possible that the ownership of the relevant shares with respect to an SIHNV MPC Relevant Claim is (or was) split between multiple parties.
The foregoing does not prevent a beneficial owner from authorising the respective legal owner (or another party) to, on its behalf, file an SIHNV Filing and Voting Instruction, vote at the Voting Hearing and/or file its SIHNV MPC Relevant Claim under the terms of this SIHNV Composition Plan on or before the Bar Date.
In the circumstances, SIHPL has concluded that the appropriate course is to amend the previous version of this Proposal by updating the definitions of "SIHPL MPC Relevant Claim" and "Non-Qualifying Claim" so as to exclude Trevo from the ambit of the former definition and to provide that Trevo’s claim against SIHPL should be designated as a Non-Qualifying Claim for the purposes of this Proposal.