Sentence examples for holders in the event of from inspiring English sources

Under current guidelines, it is illegal to issue shares that pay out different amounts to different holders in the event of a takeover.

This claim is generally worth more than enough to offset the junior status of equity holders in the event of bankruptcy, especially for firms that are not already on the brink of collapse.

The reduction was to B+ from BB-. Goodyear said Tuesday that it had arranged a $3.35 billion secured credit line, which leaves less chance of repayment for unsecured holders in the event of a bankruptcy, an S.& P. analyst, Martin King, said.

There are separate "tranches" of credit standing for the EETCs covering one airline fleet, giving a pecking order to certificate holders in the event of financial trouble.

This calls inter alia for a reliable index,4 appropriate compensation of the policy holders in the event of loss, and affordability to the bulk of farm households in the risky environments.

But the Ashes, like the Ryder Cup and boxing championships, is retained by the holder in the event of a draw.

A few years later directors banned preferred shares because they obligate an issuer to try to pay off preferred holders ahead of common shareholders in the event of bankruptcy.

The holders of the junior debt and the equity holders would absorb the first loss in the event of a bankruptcy, so the banks have some protection and less incentive to negotiate.

Typically, the products promise to forgive or trim the debts of card holders in the event they lose their jobs, become disabled or die.

That product, which promises to forgive or trim the debts of card holders in the event that they lose their jobs, become disabled or die, became particularly attractive to anxious consumers in the depths of the recession.

Catherine Ndereba of Kenya won the silver, at 2 26 32, while the world-record holder in the event, Paula Radcliffe of Britain, withdrew with just under four miles to go.