Placement facility definition
Examples of Placement facility in a sentence
The Directors reserve the right to issue any new Securities not allocated under the Entitlement Offer, in consultation with Euroz Hartleys, within three months following the Closing Date at a price not less than the Offer Price (including by way of the Top-Up Placement facility).
On 31 January 2012, Wah Nam Australia waived the Placement Condition and disclosed in the First Supplementary Bidder's Statement that the Placement facility remained in place if and when Wah Nam International elected to utilise it.
As Wah Nam International no longer requires the Placement facility to fund the Cash Consideration, following the execution of the Bond Subscription Agreement and the CB Subscription Agreement, Wah Nam International gave notice to the Underwriter terminating the Underwriting Agreement in accordance with its terms.
The applicant, DCCCA, Inc., presently operates a facility that is classified as a Correctional Placement facility at 122 North Millwood in Wichita and intends to move its operation to the subject property.
We should emphasize, however, that it is typical for the originating lender to retain servicing rights, and that those rights would survive sale of the loan.
Proposed Placement facility to lapse if not utilised In the event that Resolution 4 is approved by shareholders, but not utilised by the Company, the Proposed Placement facility will lapse within 3 months after the date of the Annual General Meeting.Board RecommendationThe Directors unanimously recommend that shareholders vote in favour of this resolution.Chairman’s available proxiesThe Chairman of the Meeting intends to vote all available proxies in favour of this resolution.
No likely breaches were identified from these forecasts and the directors do not deem a breach of covenants against the new Private Placement facility likely within the 12 month period from the signing of the financial statements.
During the year the Association, with the aid of QMPF as treasury advisors and Santander as market agents, secured a £40m Private Placement facility from the Pension Insurance Corporation, London.
Placement facility is available forCwDs through VTRC in Guwahati.4.4.6 Affirmative Action (Section 42-43): Subject Geometry is exempted for Blind and low vision students.
In the event that the Top-Up Placement facility is utilised by the Company, Securities may be applied for using the Application Form accompanying this Prospectus at Annexure B or making payment of Acceptance Money (as required) in accordance with the instructions set out below and on the Application Form accompanying this Prospectus at Annexure B.