Resale Facility definition

Resale Facility means the facility for the resale of the Bonds established in accordance with clause 4.6 in connection with an Election Process.
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Resale Facility means the facility for the resale of the Bonds established in accordance with clause 4.3 or clause 5.6 in connection with the Initial Election Process or an Election Process, as the case may be.
Sample 1
Resale Facility means each facility of Borrower located at 145 Xxx-xxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx; 0 Rixxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx; 0000 Xxxxxxxxx Xxxxx, Xxxxxxxx, Xxxxxxx; xxd 100 Xxxxxxxx Xxxx Xxxx, Xxxxxxxxxx, Xxxxxxxxxxxx.
Sample 1

Examples of Resale Facility in a sentence

  • The Company may pay a commission, procuration, application or issue fee or brokerage to any person or company in respect of subscribing for, underwriting the issue of, or obtaining issues of, or arranging the sale through the Resale Facility of, the Capital Bonds, and may issue any Capital Bond or Further Capital Bond at par or at a discount or premium to its Principal Amount.

  • Each Capital Bond purchased through the Resale Facility may, at the option of the Company, be held for resale or cancelled and, if cancelled, neither the Company nor the Supervisor will have any further liabilities or obligations in respect of that Capital Bond.

  • The Company shall pay, or shall procure that the Resale Facility Agent shall pay, to the relevant Bondholder the Principal Amount of all Capital Bonds sold through the Resale Facility as soon as practical after the sale date, but in any event not later than five Business Days after the Election Date.

  • Where a Bondholder holds less than the Minimum Holding on the Notification Date, that Bondholder will be deemed to have elected to sell all its Capital Bonds through the Resale Facility.

  • The Issuer may itself purchase or sell Bonds through the Resale Facility.

  • The Company may itself purchase any Capital Bond offered for sale under the Resale Facility.

  • All interest due on the Capital Bonds on the Election Date will be paid to the Bondholder whose name is on the register on the Record Date relating to the Election Date, whether or not the relevant Capital Bonds are sold through the Resale Facility.

  • The Company shall use reasonable endeavours to procure the purchase of any Capital Bonds offered under the Resale Facility but the Company is not obliged to purchase or procure the purchase of any such Capital Bonds offered.

  • If any Capital Bond offered for sale under the Resale Facility is not the subject of a binding agreement for sale and purchase (for delivery on the Election Date) by the Business Day preceding the Election Date (an Unsold Bond) the Company may on the Election Date redeem that Capital Bond in cash for the Principal Amount.

  • If Genesis Energy does not wish to purchase all Capital Bonds from those Bondholders that have rejected the New Conditions then Genesis Energy must declare that the Election Process has failed in which case the existing terms and conditions will continue to apply, all Capital Bonds will remain outstanding and any transfers arranged through the Resale Facility will be cancelled.


More Definitions of Resale Facility

Resale Facility means the facilities of the Borrower located at 145 Xxxxxx Xxxxxx, Boston, Massachusetts; 4 Rixxx Xxxxxx, Xxxxxx, Xxxxxxxxxxxxx; 0000 Xxxxxxxxx Xxxxx, Xxxxxxxx, Xxxxxxx; xxd 100 Xxxxxxxx Xxxx Xxxx, Xxxxxxxxxx, Xxxxxxxxxxxx.
Sample 1

Related to Resale Facility

  • Onshore facility means any facility any part of which is located in, on, or under any land of the state, other than submerged land, that because of its location, could reasonably be expected to cause substantial harm to the environment by discharging oil into or on the navigable waters of the state or the adjoining shorelines.

  • Offshore facility ’ means any facility of any kind located in, on, or under any of the navigable waters of the United States, and any facility of any kind which is subject to the ju- risdiction of the United States and is located in, on, or under any other waters, other than a vessel or a public vessel;

  • Secure facility or "detention home" means a local, regional or state public or private locked

  • Disposal facility means a facility or part of a facility at which hazardous waste is intentionally placed into or on any land or water, and at which waste will remain after closure. The term disposal facility does not include a corrective action management unit into which remediation wastes are placed.

  • Staff secure facility means a structured group care facility licensed under rules adopted by the department with a ratio of at least one adult staff member to every two children. RCW 13.32A.030