BNB babcock & brown limited

bbipl vs bnb, page-14

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    2) We will get a letter from the Trustee advising us if we want to file an "Exit Notice"
    I read somewhere that the trustee is deemed not to know unless he is contacted by a note holder or the company I havnt notified them has anyone else?I think this means he cannot act unless he recieves n otice that a trigger event or something has caused concern ?
 
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Currently unlisted public company.

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