Examples of STID Proposal in a sentence
In addition, the Representative may give a Discriminatory STID Proposal Notice on behalf of the Issuer.
In addition, the Representative may give a Refusal Notice on behalf of the Issuer.4(e)(iv) If the Noteholder directs the Issuer by Written Resolution to notify the Swap Counterparty that a STID Proposal is a Discriminatory STID Proposal, and such Written Resolution includes the reasons that the STID Proposal is a Discriminatory STID Proposal, the Issuer will give a Discriminatory STID Proposal Notice to the Swap Counterparty within one Business Day of receiving such direction.
Capitalised terms used in this voting certificate shall have the meanings given to them in the STID Proposal.
IFRS 16 - LeasesFollowing a STID Proposal in March 2019 which was approved by the majority creditors, the definition of “Permitted Financial Indebtedness” was amended to include lease arrangements that would not have been treated as “Financial Indebtedness” prior to the adoption of IFRS 16.
Qualifying Debt) below in respect of the Issuer and the Non-Migrated Bondholders, a single vote by reference to the entire Outstanding Principal Amount of the Qualifying Borrower Debt of the applicable Participating QBS Creditors will be counted for or, as the case may be, against the applicable STID Proposal, SSA Instruction Notice, Emergency SSA Instruction Notice, Enforcement Instruction Notice, Further Enforcement Instruction Notice, Intercreditor Instruction Notice or Direction Notice.
If the Representative directs the Issuer to notify the Swap Counterparty that a STID Proposal is a Discriminatory STID Proposal, and such direction includes the reasons that the STID Proposal is a Discriminatory STID Proposal, the Issuer will give a Discriminatory STID Proposal Notice to the Swap Counterparty within one Business Day of receiving such direction.
The Determination Dissenting Notice should also specify the voting category of the relevant STID Proposal which Determination Dissenting Creditors propose should apply for the relevant STID Proposal and contain the supporting evidence or substantiation of the matters set out in the Determination Dissenting Notice required to be provided by the Determination Dissenting Creditors.
Until the Swap Counterparty and the Issuer or the Appropriate Expert, as applicable, reach agreement on whether the STID Proposal is a Discriminatory STID Proposal, it shall be treated as a Discriminatory STID Proposal.
If the Instrumentholder wishes the Issuer or Representative to proceed with arguing that a STID Proposal is a Discriminatory STID Proposal, it will need to pre-fund the Issuer in respect of such costs.
If the Swap Counterparty notifies the Issuer in writing that it considers that such STID Proposal is not a Discriminatory STID Proposal within 15 Business Days after valid delivery of the Discriminatory STID Proposal Notice by the Issuer, then the Issuer (or the Representative on its behalf) and the Swap Counterparty must discuss in good faith the relative merits of each other’s arguments.