Examples of Successful Outcome in a sentence
RATIONALE AND BACKGROUND TO THE EXCHANGE OFFER AND THE CONSENT SOLICITATION The Exchange Offer and Consent Solicitation (together, the liability management exercise or “LME”) is being made in the context of the Capital Raising and is conditional upon the Successful Outcome of the Capital Raising.
The implementation of the Exchange Offer and the Consent Solicitation are inter-conditional and will only be implemented if there is a Successful Outcome of the Capital Raising.
Consent Condition The implementation of the Proposals and resulting Mandatory Cancellation in respect of each Series of Existing Notes is conditional on the Successful Outcome of the Capital Raising and subject to satisfaction or waiver by the Issuer of the passing of the relevant Extraordinary Resolution in respect of every Series of Existing Notes (the “Consent Condition”).
Thereafter, upon the Successful Outcome of the Capital Raising, the Mandatory Cancellation will occur on the Settlement Date.
Exchange Offer Condition The acceptance by the Issuer of Existing Notes for exchange pursuant to the Exchange Offer is subject to the Successful Outcome of the Capital Raising and the passing of the relevant Extraordinary Resolution in respect of every Series of Existing Notes (the “Exchange Offer Condition”).