Examples of Participating Notes in a sentence
Any transfer of Participating Notes by a Support Party that does not comply with the procedures set forth in this Agreement shall be deemed void without the need for further action.
Balances as at December 31, 2019 and 2018 and transactions for the year ended December 31, 2019 and 2018 with related parties of the Group are as follows:Purchase of spare partsIn 2018, certain spare parts were purchased from Diamond Head for US$0.05million, no similar transaction occurred during 2019.Profit participating noteIn 2014, KLS subscribed for a Profit Participating Notes (“PPN”) issued by the Company totaling US$1,625,000.
FCC is primarily funded by means of its Profit Participating Notes program, under which it issues Subordinated Notes, Junior Notes and Callable Notes (together the “Profit Participating Notes” or “PPN”) to the Frontier Clearing Fund Subordinated, Frontier Clearing Fund Junior and Frontier Clearing Fund Callable (together the “Funds”).
USA, the only other remaining respondent, also did not appear.5 At the hearing, the FINRA panel heard uncontested testimony from Mr. Cordaro and argument from Mr. Stein.
Except as expressly provided in this Agreement, nothing herein is intended to, or does, in any manner waive, limit, impair or restrict the ability of each Party to protect and preserve its rights, remedies and interests, including its Participating Notes and any other claims against the Company or other parties.
With respect to the Participating Notes held by the Joining Party, the Joining Party hereby makes the representations and warranties of the Support Parties set forth in Sections 2 and 3 of this Agreement to the other Parties.
TNP 2008 Participating Notes Program, LLC (2019) 31 Cal.App.5th 840, 858–859 (Cohen); Jones v.
The Amortization Payment Amount shall be applied to the Securities and the Participating Notes (pro rata in accordance with Section 3.13).
US$1,385,353 (2018: US$1,054,665) remains accrued and unpaid as at December 31, 2019.Profit participating note - KLSIn 2014, KLS subscribed for a Profit Participating Notes (“PPN”) issued by the Company totaling US$1,625,000.
Basinghall owns all the Profit Participating Notes issued by Queenhithe and Lambeth.