Reporting to the Trustee. The Company shall submit to the Trustee, so long as all the Bonds have not been settled (including the linkage differentials related thereto): 27.1 Audited financial statements of the Company for the fiscal year ended on December 31 of the previous year, immediately after the publication thereof by the Company. 27.2 Any report with respect to interim financial results of the Company, immediately after the publication thereof by the Company. 27.3 Any immediate report of the Company, immediately after the publication thereof by the Company, or any other report submitted by the Company to another stock exchange if the Company's securities will be traded on such stock exchange in the future. 27.4 Approval of the Company's auditor and/or the Company's controller of effecting the interest payment and/or payment on account of the principal and the dates thereof to the Bondholders, and the balance of the par value of the Bonds in circulation, upon the Trustee's written demand for such confirmation. 27.5 To give the Trustee a notice of the occurrence of any of the events constituting a ground for declaration as immediately due and payable, as set out in section 2 above. The Trustee undertakes to give a notice to the Bondholders of any notice by the Company as aforesaid. 27.6 In the event that the Company stops reporting to the public, the Company undertakes to submit, to the Trustee, the reports set out in this section 27 above, in such format and on such dates as applicable to the Company, prior to the termination of the Company's reporting duties, so long as the Bonds have not been settled. For the purpose of this section 27, the publication of the said reports in this section 27 above on the Magna shall be deemed as submission of the report to the Trustee.
Appears in 3 contracts
Sources: Trust Deed (Elbit Medical Imaging LTD), Trust Deed (Elbit Medical Imaging LTD), Trust Deed (Elbit Medical Imaging LTD)
Reporting to the Trustee. The Company shall submit to the Trustee, so long as all the Bonds have not been settled (including the linkage differentials related thereto):
27.1 Audited financial statements of the Company for the fiscal year ended on December 31 of the previous year, immediately after the publication thereof by the Company.
27.2 Any report with respect to interim financial results of the Company, immediately after the publication thereof by the Company.
27.3 Any immediate report of the Company, immediately after the publication thereof by the Company, or any other report submitted by the Company to another stock exchange if the Company's ’s securities will be traded on such stock exchange in the future.
27.4 Approval of the Company's ’s auditor and/or the Company's ’s controller of effecting the interest payment and/or payment on account of the principal and the dates thereof to the Bondholders, and the balance of the par value of the Bonds in circulation, upon the Trustee's ’s written demand for such confirmation.
27.5 To give the Trustee a notice of the occurrence of any of the events constituting a ground for declaration as immediately due and payable, as set out in section 2 above. The Trustee undertakes to give a notice to the Bondholders of any notice by the Company as aforesaid.
27.6 In the event that the Company stops reporting to the public, the Company undertakes to submit, to the Trustee, the reports set out in this section 27 above, in such format and on such dates as applicable to the Company, prior to the termination of the Company's ’s reporting duties, so long as the Bonds have not been settled. For the purpose of this section 27, the publication of the said reports in this section 27 above on the Magna shall be deemed as submission of the report to the Trustee.
Appears in 1 contract
Sources: Share Sale and Purchase Agreement
Reporting to the Trustee. The Company shall submit to the Trustee, so long as all the Bonds have not been settled (including the linkage differentials related thereto):
27.1 Audited financial statements of the Company for the fiscal year ended on December 31 of the previous year, immediately after the publication thereof by the Company.
27.2 Any report with respect to interim financial results of the Company, immediately after the publication thereof by the Company.
27.3 Any immediate report of the Company, immediately after the publication thereof by the Company, or any other report submitted by the Company to another stock exchange if the Company's securities will be traded on such stock exchange in the future.
27.4 Approval of the Company's auditor and/or the Company's controller of effecting the interest payment and/or payment on account of the principal and the dates thereof to the Bondholders, and the balance of the par value of the Bonds in circulation, upon the Trustee's written demand for such confirmation.
27.5 To give the Trustee a notice of the occurrence of any of the events constituting a ground for declaration as immediately due and payable, as set out in section 2 7 above. The Trustee undertakes to give a notice to the Bondholders of any notice by the Company as aforesaid.
27.6 In the event that the Company stops reporting to the public, the Company undertakes to submit, to the Trustee, the reports set out in this section 27 above, in such format and on such dates as applicable to the Company, prior to the termination of the Company's reporting duties, so long as the Bonds have not been settled. For the purpose of this section 27, the publication of the said reports in this section 27 above on the Magna shall be deemed as submission of the report to the Trustee.
Appears in 1 contract
Reporting to the Trustee. The Company shall submit to the Trustee, so long as not all the Bonds Notes have not been settled (including included the linkage differentials related thereto):
27.1 Audited financial statements of the Company for the fiscal year ended on December 31 of the previous year, immediately after the publication thereof by the Company.
27.2 Any report with respect to interim financial results of the Company, if published to the public, immediately after the publication to the public thereof by the Company. For the avoidance of doubt, it is hereby clarified that as of the date of this Deed the Company is obligated to publish to the public audited annual financial reports and reviewed half-year financial reports only. If the Company’s shares cease to be traded on the LSE, the Company undertakes to continue to submit to the Trustee annual and semi-annual financial reports on the same dates it would have been required to publish should it continue to be traded on the LSE and pursuant to applicable law and in such event, any Noteholder holding at least 5% of the unpaid principal amount of the Notes will be entitled to receive from the Trustee, at its request, a copy of the financial reports delivered to the Trustee, provided that before such delivery is made, such Noteholder shall sign a confidentiality undertaking at the form to be agreed upon by the Company and the Trustee. “Noteholder” for the purpose of this section 27.2 only – including a group of holders managed by one management entity.
27.3 Any immediate report of the Company, immediately after the publication to the public thereof by the Company, or any other report submitted by to the Company to another stock exchange if the Company's securities will be traded on such stock exchange in the futureextent published.
27.4 Approval of by the Company's ’s auditor and/or the Company's controller ’s chief financial officer, of the effecting of the interest payment and/or payment on account of the principal principal, and the dates thereof thereof, to the Bondholders, Noteholders and the balance of the par value of the Bonds Notes in circulation, upon the Trustee's written demand for such confirmation.
27.5 To give the Trustee a notice of the occurrence of any of the events constituting a ground grounds for declaration as immediately due and payable, as set out in section 2 above. The Trustee undertakes to give a notice to the Bondholders Noteholders of any notice by the Company as aforesaid.
27.6 In the event that the Company stops reporting to the public, the Company undertakes to submit, to the Trustee, the reports set out in this section 27 above, in such format and on such dates as applicable to the Company, prior to the termination of the Company's reporting duties, so long as the Bonds have not been settled. For the purpose of this section 27, the publication of the said reports set out in this section 27 above above, on the Magna London Stock Exchange and/or on the Magna, shall be deemed as submission of the report to the Trustee. Notwithstanding the foregoing, the Company undertakes that in the event its reports to the London Stock Exchange are not reported on the Magna, the Company shall deliver to the trustee, the information contained in the said reports.
Appears in 1 contract
Sources: Trust Deed (Elbit Imaging LTD)