Examples of Qualifying Relevant Event in a sentence
A Qualifying Relevant Event requires the New Conversion Condition to be satisfied.
There can be no assurance as to the nature of any such Acquiror, or of the risks associated with becoming an actual or potential shareholder in such Acquiror and accordingly a Qualifying Relevant Event may have an adverse effect on the value of the Securities.In addition, the Issuer and the Acquiror have certain discretion in determining whether a Qualifying Relevant Event has occurred.
If a Qualifying Relevant Event occurs, then following Conversion, the Securities shall become convertible into the share capital of the Acquiror (as more fully described under Condition 7(j)) at the New Conversion Price.
Any New Conversion Price following a Qualifying Relevant Event will be similarly adjusted by the Conversion Calculation Agent, subject to any modifications by the Independent Adviser.
If a Qualifying Relevant Event occurs, then following Conversion, the Additional Tier 1 Securities shall become convertible into the share capital of the Acquiror (as more fully described under Condition 7(j) of the Additional Tier 1 Securities Conditions) at the New Conversion Price.
There can be no assurance as to the nature of any such Acquiror, or of the risks associated with becoming an actual or potential shareholder in such Acquiror and accordingly a Qualifying Relevant Event may have an adverse effect on the value of the Additional Tier 1 Securities.A17865888/1.10a/08 Apr 2014In addition, LBG and the Acquiror have certain discretion in determining whether a Qualifying Relevant Event has occurred.
Any New Conversion Price following a Qualifying Relevant Event (as defined Condition 7(j)(v) of the Additional Tier 1 Securities Conditions) will be similarly adjusted, subject to any modifications by the Independent Adviser.
Any NewConversion Price following a Qualifying Relevant Event (as defined under “Description of the Additional Tier 1 Securities—Conversion—Conversion upon the Occurrence of a Relevant Event”) will be similarly adjusted, subject to any modifications by the Independent Financial Adviser.
If a Qualifying Relevant Event occurs, then following the Automatic Conversion, the Additional Tier 1 Securities shall become convertible into the share capital of the Acquirer as more fully described under “Description of the Additional Tier 1 Securities—Conversion—Conversion upon the Occurrence of a Relevant Event” at the New Conversion Price.
There can be no assurance as to the nature of any such Acquirer, or of the risks associated with becoming an actual or potential shareholder in such Acquirer and accordingly a Qualifying Relevant Event may have an adverse effect on the value of the Additional Tier 1 Securities.In addition, LBG and the Acquirer have certain discretion in determining whether a Qualifying Relevant Event has occurred.