Examples of Recovery Shares in a sentence
Any successor to part only of the authorised area (as such term is defined in its PES Supply Licence) of a PES Supplier and the PES Supplier retaining the other part shall have such PES 1998 Recovery Shares as the Authority shall determine.
The number of such shares to be issued to FGH shall be 80% of the Goodwill Recovery Shares Number, and the number of such shares to be issued to Ford shall be 20% of the Goodwill Recovery Shares Number.
The number of such shares to be issued to FGH shall be 80% of the Xxxxxxx Recovery Shares Number, and the number of such shares to be issued to Ford shall be 20% of the Xxxxxxx Recovery Shares Number.
The Panel shall on or as soon as practicable after the Scottish Distributor Start Date provide a statement of the Scottish Distributor Recoverable Amount and the Scottish Distributor Recovery Shares thereof to all Trading Parties, the Scottish Distribution Companies and the Authority.
At the date of the financial statements, the following Classes of Shares are operational: - SIGMA FUND - Real Returnin EUR- SFAD Recovery Shares*in EUR The Board of the Directors of the SICAV has decided to close the Class of Shares SFU Recovery Shares* with effect as of 12th January 2016.
One respondent commented that the proposed provision that the BSC Panel’s determination of BETTA Recovery Shares should be final and binding in the absence of manifest error is too high a test as there may be circumstances in which the Panel has made an incorrect determination but it is difficult to establish “manifest error”.
In such a situation, all the stapled equity (and perhaps even some of the Recovery Shares) would be available for distribution to the Noteholders.
Maker represents and warrants to Lender that the representations and warranties set forth in Section 4 of the Pledge Agreement, as amended by this Amendment, are true and correct in all respects with respect to the Recovery Shares.
BETTA Support costs will continue to be incurred right up to the BETTA go-live date and the Panel will not be able to determine the BETTA Recovery Shares until all the costs have been incurred and BSCCo is able to calculate which party funded what share of the total BETTA Support Costs and what interest should be payable.
Ofgem/DTI anticipate that the BSC Panel will wish to assure themselves, on behalf of all BSC Parties of the correctness of the calculations by BSCCo before determining the BETTA Recovery Shares.