Examples of NCL Holdings in a sentence
The Board of Directors of the Transferor Company and Resulting Company had at their respective meetings held on 11th January, 2018, unanimously approved the proposed Scheme of Arrangement between NCL Alltek & Seccolor Limited and NCL Holdings (A&S) Limited and their respective Shareholders and Creditors.
The proposed Scheme provides for the arrangement for Demerger of “assets and investments relating to non building material activities” between NCL Alltek & Seccolor Limited and NCL Holdings (A&S) Limited and their respective Shareholders and Creditors with effect from the appointed date i.e., 1st April, 2017 pursuant to the provisions of Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 and Rules made thereunder.
For a discussion of such factors, including general economic and business conditions please review NCL Holding's most recent Annual Report and the Company's Form 20-F filing with the U.S. Securities and Exchange Commission.
Accordingly, references in this “Description of Notes” to “exchange rights,” or to the exchange of notes for ordinary shares of NCL Holdings, and all similar expressions, should be taken to refer to the entitlement of the holder to convert notes into Preference Shares and the immediate and automatic exchange of such Preference Shares for ordinary shares of NCL Holdings which the Company will cause to occur, as further described in “—Settlement Upon Exchange” below.
NCL Holdings (A&S) Limited was incorporated on January 05, 2018 with the objective to make and hold the investments in corporate or Non corporate entities engaged in the manufacturing, trading or provision of services whether or not with the right to manage such entities and to hold or trade in various securities issued by corporate bodies, statutory corporations, government or non-government agencies.
Nature of Contract: Reimbursement of Expenses NCL Holdings (A & S Ltd) NCL Buildtek LtdNo fixed duration.
Pursuant to applicable NYSE rules, NCL Holdings will not issue a number of ordinary shares upon exchange of the notes contemplated hereby in excess of 19.99% of NCL Holdings’ outstanding ordinary shares unless its shareholders approve a proposal to permit the issuance of a greater number of shares.
The proposed Scheme provides for the arrangement for Demerger of “assets and investments relating to non-building material activities” between NCL Alltek & Seccolor Limited and NCL Holdings (A&S) Limited and their respective Shareholders and Creditors with effect from the appointed date i.e., 1st April 2017 pursuant to the provisions of Sections 230 to 232 and other applicable provisions of the Act and the Rules made thereunder.XII.
Additional Amounts All payments made by or on behalf of the Company or NCL Holdings (including, in each case, any successor entity), including amounts payable upon redemption, repurchase or exchange, under or with respect to the notes or the guarantee will be made free and clear of and without withholding or deduction for, or on account of, any present or future taxes unless the withholding or deduction of such taxes is then required by law.
No Shareholders Rights For Holders of Notes Holders of notes, as such, will not have any rights as shareholders of the Company or NCL Holdings (including, without limitation, voting rights and rights to receive any dividends or other distributions on our or its ordinary shares).