The Transaction Process Management Committee (“TPMC”) has prepared and posted to the Model Forms page of this website a draft of Model X Form No. 2 of Note Purchase Agreement and is soliciting comments from College Fellows and other interested persons. Helpful comparison versions and a comprehensive cover memo are posted as well. The TPMC asks that any comments you may have be submitted by June 13, 2014. You can submit your comments either to a member of the TPMC or by using the comment section associated with the Updated Model X Form on the ACIC website.
The Transaction Process Management Committee (“TPMC”) has prepared and posted to the Model Forms page of this website a draft of Model X Form No. 2 of Note Purchase Agreement (“Updated Model X Form”) and is soliciting comments from College Fellows and other interested persons.
As you may be aware, the “Model X Form” is the cross-border form of Note Purchase Agreement used for non-U.S. issuers. Once finalized, the Updated Model X Form will replace the Existing Model X Form which has been in use since 2006.
The Updated Model X Form incorporates applicable changes from the updated Model Form No. 2 of Note Purchase Agreement which was posted in 2013, and makes certain further changes and updates appropriate to the cross-border context. Also posted are versions of the Updated Model X Form compared and blacklined both to the 2006 version and to the updated Model Form No.2, and a comprehensive covering memorandum.
The TPMC asks that any comments you may have be submitted by June 13, 2014. You can submit your comments either to a member of the TPMC or by using the comment section associated with the Updated Model X Form on the ACIC website.
