Sukuk Holders definition

Sukuk Holders means the ultimate beneficial holders of the Sukuk Certificates;
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Examples of Sukuk Holders in a sentence

  • This Undertaking has been issued for valuable consideration and therefore cannot be terminated, revoked or modified except with the prior written consent of the Sukuk Holders.

  • The Sukuk Holders agree and acknowledge that the Transaction Documents form a Sharia compliant structure and undertake that they shall not call into question the structure of the transaction comprised in the Transaction Documents before any forum or court of law and agree that the Transaction Documents shall be interpreted in accordance with the principles of Sharia.

  • Each of the Issuer and the Title Agent and the Government agree for the exclusive benefit of the Sukuk Holders that the courts in Islamabad shall settle any disputes which may arise out of or in connection with this Undertaking and/or the Subscription Undertaking and that accordingly any proceedings arising out of or in connection with this Undertaking and/or the Subscription Undertaking may be brought in such courts and, for such purposes, irrevocably submits to the jurisdiction of such courts.

  • We first transfer the problem of comparing rankings to symmetric groups.

  • Delivery of the Sukuk in book entry form shall be made within 30 (thirty) days of the Closing Date for the respective accounts of the Sukuk Holders (for themselves or for and on behalf of other investors), as the case may be, through the facilities of Subsidiary General Ledger Account (“SGLA”) of the SBP Banking Services Corporation.

  • Should the Group intend to refinance the Sukuk Mudharabah, a special resolution needs to be passed at the meeting of the Sukuk holders (duly convened and held in accordance with the provisions contained in the Trust Deed signed on 17 January 2008), which should be carried by 2 or more Sukuk Holders, holding in aggregate not less than 2/3 of the Sukuk Mudharabah remaining outstanding.

  • In the case of the product proposed, the structure envisaged by the National Treasury is as follows: Sukuk Holders National TreasuryLease payments Payment by SPV to holders Lease agreementTrust SPVSukuk issueTransfer of fundsStep 1: Identification of immovable property (e.g. a government building or facility) for use by a special purpose vehicle (SPV) in the form of trust (i.e. acting as a conduit entity).

  • The Company is required to submit a statement regarding Sukuk owned by the Company and/or the Company’s Affiliates except Sukuk owned by the Affiliated Company of the Republic of Indonesia; and - Sukuk Holders or Sukuk Holders’ proxies who are present at the RUPSU are required to make a statement regarding their Sukuk both affiliated with the Company and those not affiliated with the Company.

  • The delegate is not entitled to receive any distribution under this Composition Plan and all distributions are due and deliverable to the Sukuk Holders only (subject to applicable provisions of the existing sukuk documentation).

  • During the period from the Homologation Date to the Effective Date, the Claims of Sukuk Holders shall consist only of the right to receive their respective pro rata portion (calculated on the basis of their Settlement Claims) of (i) new Sharia-compliant debt securities (Sukuk certificates) on terms set out in Annex C (New Sukuk Certificates) (“New Sukuk Certificates”), in accordance with Article 5.10f below and (ii) New Equity in accordance with Article 5.10c below.

Related to Sukuk Holders

  • Key Holders means the persons named on Schedule B hereto, each person to whom the rights of a Key Holder are assigned pursuant to Subsection 3.1, each person who hereafter becomes a signatory to this Agreement pursuant to Subsection 6.9 or 6.17 and any one of them, as the context may require.

  • Other Shareholders means persons who, by virtue of agreements with the Company other than this Agreement, are entitled to include their securities in certain registrations hereunder.

  • Majority Shareholders means Xxxxxxx X. Xxx and Xxxxxxx X. Xxxxxxx.

  • New Holders shall have the meaning given in the Preamble.

  • Controlling Shareholders means controlling shareholders of the Company, as such term is defined in the Ordinance.

  • Existing Shareholders means the officers, directors and shareholders of the Company prior to the Offering; (c) “Initial Ordinary Shares” shall mean all of the Ordinary Shares owned by an Existing Shareholder prior to the Offering (and shall include any Ordinary Shares issued as dividends with respect to such shares); (d) “Public Shareholders” shall mean the holders of securities issued in the Offering; (e) “Trust Account” shall mean the trust account established for the benefit of the Public Shareholders into which a portion of the net proceeds of the Offering will be deposited; and (f) the “Extended Period” shall mean the additional 12-month period to approve a Business Combination as more specifically described in the Registration Statement.

  • Company Securityholders means the Company Stockholders, Company Optionholders and Company Warrantholders, collectively.

  • Selling Shareholders has the meaning given to such term in the Preamble to this Agreement;

  • Minority Shareholders means holders of Shares that were not tendered pursuant to the Offer or in the Subsequent Offering Period (as it may be extended by the Minority Exit Offering Period).

  • Initial Holders has the meaning set forth in the preamble.

  • Initial Shareholders means the Sponsor and any Insider that holds Founder Shares; (v) “Private Placement Warrants” shall mean the 6,000,000 warrants (or 6,600,000 warrants if the over-allotment option is exercised in full) that the Sponsor has agreed to purchase for an aggregate purchase price of $6,000,000 (or $6,600,000 if the over-allotment option is exercised in full), or $1.00 per warrant, in a private placement that shall occur simultaneously with the consummation of the Public Offering; (vi) “Public Shareholders” shall mean the holders of securities issued in the Public Offering; (vii) “Trust Account” shall mean the trust fund into which a portion of the net proceeds of the Public Offering and the sale of the Private Placement Warrants shall be deposited; and (viii) “Transfer” shall mean the (a) sale of, offer to sell, contract or agreement to sell, hypothecate, pledge, grant of any option to purchase or otherwise dispose of or agreement to dispose of, directly or indirectly, or establishment or increase of a put equivalent position or liquidation with respect to or decrease of a call equivalent position within the meaning of Section 16 of the Exchange Act, and the rules and regulations of the Commission promulgated thereunder with respect to, any security, (b) entry into any swap or other arrangement that transfers to another, in whole or in part, any of the economic consequences of ownership of any security, whether any such transaction is to be settled by delivery of such securities, in cash or otherwise, or (c) public announcement of any intention to effect any transaction specified in clause (a) or (b).

  • Existing Holders shall have the meaning given in the Preamble.

  • Rights Holders Special Meeting" means a meeting of the holder of Rights called by the Board of Directors for the purpose of approving a supplement or amendment to this Agreement pursuant to Subsection 5.4(c);

  • Scheme Shareholders means the registered holders of Scheme Shares at the relevant time.

  • Existing Stockholders means the stockholders of the Corporation immediately prior to the IPO as listed on Schedule A (including the Existing Stockholders Representative in its capacity as an Existing Stockholder) together with any Permitted Assignees.

  • Initiating Holders means, collectively, Holders who properly initiate a registration request under this Agreement.

  • Company Shareholders means holders of Company Shares.

  • Selling Holders means, with respect to a specified registration pursuant to this Agreement, Holders whose Registrable Securities are included in such registration.

  • Acting Holders means, at the time of determination, Holders of at least 40% of the outstanding CVRs as set forth on the CVR Register.

  • Eligible Holders has the meaning set forth in Section 2.01(a).

  • Overseas Shareholders holders of Scheme Shares who are resident in, ordinarily resident in, or citizens of, jurisdictions outside the United Kingdom;

  • Non-Directing Holders means the holders of Certificates representing the specified interest in the class of Certificates designated as the “controlling class” or the duly appointed representative of the holders of such Certificates or such other party otherwise entitled under the Note A-2 PSA to exercise the rights granted to the Non-Directing Holders in this Agreement. If Note A-2 has not been included in a Securitization, the Non-Directing Holder with respect to such Note will be the then-current Holder of such Note.

  • Preferred Shareholders means the holders of Preferred Shares.

  • Management Shareholders means Xxxxxx X. Xxxxx, Xxxxxxxx X. Xxxxxx and Xxxxx X. XxXxxxx;

  • Participating Holders means all Holders of Registrable Securities which are proposed to be included in any offering of Registrable Securities pursuant to Section 2.1 or Section 2.2.

  • Beneficial Shareholders means shareholders who do not hold Shares in their own name and “intermediaries” refers to brokers, investment firms, clearing houses and similar entities that own securities on behalf of Beneficial Shareholders.