Description of the Notes. The Notes will conform in all material respects to the statements relating thereto contained in the Disclosure Package and the Prospectus and will be in substantially the form filed or incorporated by reference, as the case may be, as an exhibit to the Registration Statement.
Description of the Notes. We will issue the notes offered by this prospectus supplement (the “notes”) under an indenture, which we refer to as the base indenture, dated as of August 9, 2017, between us and U.S. Bank Trust Company, National Association (as successor to U.S. Bank National Association), as trustee, which we refer to as the trustee, as supplemented by a supplemental indenture establishing the terms of the notes, which we refer to as the supplemental indenture. We refer to the base indenture and the supplemental indenture, collectively, as the indenture. The terms of the notes include those expressly set forth in the indenture and those made part of the indenture by reference to the Trust Indenture Act. You may request a copy of the indenture from us as described below under “Where You Can Find More Information and Incorporation by Reference.” The following description is a summary of the material provisions of the notes and (solely as it applies to the notes) the indenture and does not purport to be complete. This summary is subject to, and is qualified by reference to, all the provisions of the notes and the indenture, including the definitions of certain terms used in the indenture. We urge you to read these documents because they, and not this description, define your rights as a holder of the notes. This description of the notes supplements and, to the extent it is inconsistent with, replaces the description of the general provisions of the debt securities and the base indenture in the accompanying prospectus. For purposes of this description, references to “Ready Capital Corporation,” “our company,” “we,” “our” and “us” refer solely to Ready Capital Corporation and not to its subsidiaries.
Description of the Notes. The Company will authorize the issue and sale of $90,000,000 aggregate principal amount of its senior notes consisting of
Description of the Notes. The Principal and any accrued and unpaid interest on Notes will due and payable on March 14, 2013 (the “Stated Maturity Date”) or, at the election of the Holder, on the earlier of (a) the closing of a financing transaction by the Corporation for aggregate proceeds in excess of US$5,000,000; (b) the sale or partial sale of JHE; (c) the sale of all or substantially all of the assets of JHE; or (d) an Event of Default (as defined in the Note Certificates). The events described in this Section 2.2(a), (b) and (c) are each a “Triggering Event” and the Corporation agrees to provide each Note holder notice of a Triggering Event within five calendar days. The Principal Amount of the Notes is convertible, in whole or in part, at the option of the holder into shares of common stock of the Corporation (each, a “Common Share” and together with the Notes, the “Securities”) on (a) the Stated Maturity Date or (b) the occurance of any Triggering Event. The Notes shall be subordinate to security interests in the JHE Assets under the JHE Security Agreement and the February Note Security Interest.
Description of the Notes. The Company will authorize the issue and sale of $40,000,000 aggregate principal amount of its 5.18% Series F Senior Unsecured Notes due March 29, 2033 (the “Notes”). The Notes shall be substantially in the form set out in Exhibit 1. Certain capitalized and other terms used in this Agreement are defined in Schedule B; and, for purposes of this Agreement, the rules of construction set forth in Section 22.5 shall govern.
Description of the Notes. The Notes will be issued under an indenture to entered into between Stone Energy Corporation, as issuer, and The Bank of New York Mellon Trust Company, N.A., as trustee, in a transaction not registered under the Securities Act. The following description is only a summary of the material provisions of the Notes and the indenture. We urge you to read the indenture in its entirety because it, and not this description, define your rights as a holder of the Notes. You may request copies of this document as set forth under the caption “Where You Can Find More Information.” When we refer to “Stone Energy Corporation,” “Stone Energy,” “we,” “our” or “us” in this section, we refer only to Stone Energy Corporation and not its subsidiaries (unless the context otherwise requires). In addition, all references to interest in this offering memorandum include additional interest, if any, payable pursuant to the provisions set forth below under the heading “—No Registration Rights; Additional Interest,” and additional interest, if any, payable at our election as the sole remedy relating to the failure to comply with our reporting obligations pursuant to the provisions set forth below under the heading “—Events of Default; Notice and Waiver.” Brief Description of the Notes The Notes will: • initially be limited to $250.0 million aggregate principal amount ($275.0 million aggregate principal amount if the initial purchasers exercise in full their option to purchase additional Notes); • bear interest at a rate of % per year, payable semi-annually in arrears, on March 1 and September 1 of each year, commencing on September 1, 2012; • be general unsecured obligations, ranking equally with all of our other unsecured senior indebtedness and senior in right of payment to any subordinated indebtedness; • be convertible by you at any time prior to the close of business on the second scheduled trading day immediately preceding the maturity date, only during certain periods or upon satisfaction of one of the conditions for conversion, as described under “—Conversion Rights,” into cash, shares of our common stock or a combination of cash and shares of our common stock, at our election, based on an initial conversion rate of shares of our common stock per $1,000 principal amount of Notes (subject to adjustment as set forth in this offering memorandum), which represents an initial conversion price of approximately $ per share of our common stock; • not be subject to redemption at our opt...
Description of the Notes. This Agreement sets forth the terms and conditions under which Purchaser will purchase a certain number of Units, where each Unit shall consist of a 10% senior convertible note due 2008 in the form attached hereto as Exhibit A in increments of Fifty Thousand Dollars ($50,000), of which Note up to fifty percent (50%) of the outstanding principal shall be convertible into shares (the “Conversion Shares”) of the Company’s common stock, $.001 par value (“Common Stock”), at a rate of One and 65/10ths Dollars ($1.65) per share. The Note shall be secured by that certain Security Agreement in the form attached hereto as Exhibit B (the “Security Agreement”).
Description of the Notes. Issuer: XXXX HOME S.r.l. Issue Date: 02-xxx-06 Joint Lead Managers: BNP PARIBAS - BANCA IMI - UBM UNICREDIT BANCA MOBILIARE Sole Arranger: BANCA NAZIONALE DEL LAVORO Series Class A1 Notes Class A2 Notes Class B Notes Class C Notes Original Balance 1.581.650.000 677.850.000 82.800.000 23.650.000 Currency Euro Euro Euro Euro Legal Maturity Date Oct-2042 Oct-2042 Oct-2042 Oct-2042 Listing Luxembourg Stock Exchange Luxembourg Stock Exchange Luxembourg Stock Exchange Luxembourg Stock Exchange ISIN code IT0004101991 IT0004102007 IT0004102015 IT0004102023 Common code 026814154 026814227 026814260 026814286 Clearing Monte Titoli Euroclear Clearstream Monte Titoli Euroclear Clearstream Monte Titoli Euroclear Clearstream Monte Titoli Euroclear Clearstream Principal Payments Amortising Amortising Amortising Amortising Indexation Euribor 3 months Euribor 3 months Euribor 3 months Euribor 3 months Spread ** 0,12% 0,19% 0,23% 0,75% The Notes: Originator, Servicer, Italian Operating Bank, Swap Calculation Agent: Underlying assets for the Notes: PERFORMING RESIDENTIAL MORTGAGE LOANS BANCA NAZIONALE DEL LAVORO Payment Dates: the 25th day of January, April, July and October in each year or, if such day is not a business day, the immediately following business day Interest Period: each period from (and including) a Payment Date to (but excluding) the next following Payment Date Interest calculation: Actual/360 Calculation Agent: Banca Finint S.p.A. (former Securitisation Services S.p.A.)* Corporate Servicer: Banca Finint S.p.A. (former Securitisation Services S.p.A.)* Liquidity Facility Provider: BANCA NAZIONALE DEL LAVORO Main Operating Bank: BANCA NAZIONALE DEL LAVORO, London Branch Principal Paying Agent: BNP PARIBAS Securities Services, Xxxxx Xxxxxx Luxembourg Paying Agent: BNP PARIBAS Securities Services, Luxembourg Branch Representative of the Noteholders: Banca Finint S.p.A. (former Securitisation Services S.p.A.)* Swap Counterparty: Banca Nazionale del Lavoro S.p.A. Guarantor: BNP Paribas Swap Guarantor: BNP Paribas * In the context of a group reorganisation, with effective date from 28th October 2020, Securitisation Services S.p.A. has been merged by way of incorporation into Banca Finanziaria Internazionale S.p.A. (namely Banca Finint S.p.A.)
Description of the Notes. 1. Issuer Umgeni Water
Description of the Notes. The following summary of certain provisions of the notes and the Indenture does not purport to be complete and is qualified in its entirety by reference to the provisions of the notes and the Indenture. The Noteholders and Note Owners will be entitled to the benefits of, be bound by, and be deemed to have notice of all of the provisions of the notes, the Indenture and each of the Transaction Documents. Copies of the Transaction Documents will be on file with the Indenture Trustee, the Issuer and the initial purchaser and may be inspected by prospective purchasers of the notes at the corporate trust office of the Indenture Trustee in New York City, New York, or the offices of the Issuer.
