Examples of Nationalisation in a sentence
In particular an “Extraordinary Event” is- a Merger- a Takeover bid- a delisting- the Nationalisation of a company- Insolvency.
If the Warrants are so cancelled the Issuer will pay an amount to each Warrant Holder in respect of each Warrant held by him which amount shall be the Fair Market Value of a Warrant taking into account the De-Listing, Merger Event, Insolvency, Tender Offer or Nationalisation, as the case may be, plus, if already paid, the Actual Exercise Price, the Exercise Cost and the Exercise Expenses, all as determined by the Calculation Agent.
As a consequence of a Nationalisation, Insolvency or Delisting, the Notes will be redeemed as of the Announcement Date and the Issuer will pay to the Noteholder the amount specified in Condition 8.1(c) below.
Notwithstanding the foregoing, nothing in this Paragraph 13 (Nationalisation) shall be construed so as to impose an obligation on an Obligor to seek a Ratings Confirmation.
Upon the occurrence of a De-listing, Merger Event, Insolvency, Nationalisation, or, if applicable, a Tender Offer, the Issuer shall give notice as soon as practicable to the Warrant Holders in accordance with Condition (14)a stating the occurrence of the De-listing, Merger Event, Tender Offer, Nationalisation or, as the case may be, Tender Offer, giving details thereof and the action proposed to be taken in relation thereto.