Examples of Remaining Bonds in a sentence
In such event, each such Holder shall additionally be deemed to have elected Option A for an amount that equals the principal amount of Remaining Bonds owned by such Holder and initially elected to be treated in Option B less a number that equals its Remaining Bonds Oversubscription Allocation divided by .6.
The respective Trustees for each issue of Remaining Bonds shall receive on behalf of all Holders electing such treatment, (A) a pro rata portion of any distributions paid by United through the Plan on account of the Remaining Bonds Unsecured Claim held by such Holders; and (B) a pro rata portion of the Pooling Agreement Assets pursuant to the terms of Section 3(d).
Each Holder electing Option B shall receive a pro rata share of the Remaining Bonds New Securities determined by multiplying the Remaining Bonds New Securities by a fraction, the numerator of which will be the principal amount of Remaining Bonds elected to be treated in Option B by that holder, and the denominator of which shall be the total principal amount of Remaining Bonds elected to be treated in Option B (for each such Holder the "Remaining Bonds Oversubscription Allocation").
In the event the total principal amount of Remaining Bonds elected to be treated in Option B exceeds $144,283,333 (assuming that all other requirements for valid and effective exercise shall have been satisfied) (in such event a "Remaining Bonds Oversubscription") the amount of the Remaining Bonds New Securities distributed to each such Holder electing Option B shall be determined as follows.
The liquidating agent shall liquidate the Reallocated Remaining Bonds New Securities and distribute the proceeds on a pro rata basis to all Holders of Remaining Bonds electing Option A pursuant to the terms of the Pooling Agreement.
All Holders of the Remaining Bonds as of the Record Date shall be entitled to elect, on the ballot accepting or rejecting the Plan, one of the following options with respect to all or any portion of its Remaining Bonds: Option A.
In order to strengthen the Company's equity, reduce its financial costs under the Bond Agreement and generate additional free cash for financing of the Company’s ongoing operations the Company offers that a conversion takes place of USD 62,073,570 of the part of the principal amount outstanding and all accrued interest under the Bond Loan into equity in the Company (the “Conversion”), which will leave USD 5,000,000 of the Bonds outstanding immediately after the Conversion (the "Remaining Bonds").
Subject to the terms of this Agreement, the Liquidity Provider hereby agrees, at the request from time to time of the Board, to purchase Remaining Bonds.
Accordingly, the Company will redeem the Remaining Bonds on 3 May 2019 for S$1,689,479.00, being 100.0% of its principal amount, together with all accrued and unpaid interest thereon in respect of the period for which the maturity of the Remaining Bonds is extended.
The purchase price for such Remaining Bonds shall equal the sum of (i) the principal of such Remaining Bonds and (ii) the accrued but unpaid interest on such Remaining Bonds.