Description of Notes Sample Clauses
The 'Description of Notes' clause defines and outlines the specific characteristics and terms of the notes being issued under an agreement. It typically details aspects such as the principal amount, interest rate, maturity date, and any special features or rights attached to the notes. By clearly specifying these elements, the clause ensures that all parties have a mutual understanding of the financial instruments involved, thereby reducing ambiguity and potential disputes regarding the notes' terms.
Description of Notes. 1 Section 1.2. Commitment, Closing Date..................................................................1
Description of Notes. (a) The Company will authorize the issue and sale of:
(i) $15,000,000 aggregate principal amount of its 5.63% Series 2002-A Senior Notes, Tranche A (the "Tranche A Notes"), to be dated the date of issue, to bear interest from such date at the rate of 5.63% per annum, payable semiannually on the 18th day of June and December in each year (commencing June 18, 2003) and at maturity and to bear interest on overdue principal (including any overdue optional prepayment of principal) and premium, if any, and (to the extent legally enforceable) on any overdue installment of interest at the Overdue Rate after the date due, whether by acceleration or otherwise, until paid, to mature on December 18, 2009, and to be substantially in the form attached hereto as Exhibit A-1; and
(ii) $40,000,000 aggregate principal amount of its 6.16% Series 2002-A Senior Notes, Tranche B (the "Tranche B Notes"), to be dated the date of issue, to bear interest from such date at the rate of 6.16% per annum, payable semiannually on the 18th day of June and December in each year (commencing June 18, 2003) and at maturity and to bear interest on overdue principal (including any overdue optional prepayment of principal) and premium, if any, and (to the extent legally enforceable) on any overdue installment of interest at the Overdue Rate after the date due, whether by acceleration or otherwise, until paid, to mature on December 18, 2012, and to be substantially in the form attached hereto as Exhibit A-2. The Series 2002-A Notes, together with each series of Additional Notes which may from time to time be issued pursuant to the provisions of SECTION 1.4, are sometimes hereinafter collectively referred to as the "Notes".
(b) Interest on the Series 2002-A Notes shall be computed on the basis of a 360-day year of twelve 30-day months. The Series 2002-A Notes are not subject to prepayment or redemption at the option of the Company prior to their expressed maturity dates except on the terms and conditions and in the amounts and with the premium, if any, set forth in SECTION 2. You and the other purchasers named in Schedule I are hereinafter sometimes referred to as the "Purchasers". The terms which are capitalized herein shall have the meanings set forth in SECTION 8.1 unless the context shall otherwise require.
Description of Notes. The Notes shall be dated the Closing Date, shall bear interest from such date at the rate of 11.12% per annum prior to maturity, payable monthly on the first day of each calendar month commencing April 1, 1994, and at maturity, to bear interest on overdue principal (including any overdue required or optional prepayment), premium, if any, and (to the extent legally enforceable) on any overdue installment of interest at the rate of 13.12% per annum, shall be expressed to mature on December 1, 2000 and to be substantially in the form attached as Exhibit A. Provided, however, that as long as (1) the Company is not in default of this Note Agreement and has a Consolidated Adjusted Net Worth that equals or exceeds $15,000,000 (as evidenced by delivery to Purchaser by Company of a certificate required under Section 6.6) and (2) the annual rate of interest on all money loaned to the Company by NBD under the New Facility Note (or any replacement facility) does not exceed the Prime Rate, as defined in the original Amended and Restated Credit Agreement and Amendment to Term Loan Agreement, dated as of January 26,1996, between the Company and NBD (the "New Bank Agreement"), then the Notes shall bear interest at a rate of 10.87% per annum, payable monthly on the first day of the calendar month, commencing on the first day of the calendar month following the month in which the Company fulfills all the above conditions until such time as any of the above conditions are not met. If above conditions are not met, then the interest rate shall revert to 11.12% or 13.12%, whichever is applicable. Notwithstanding anything to the contrary herein or in the Notes, the July, 1996 Payment (as defined in Section 2.1) shall earn interest at a rate of 13.12% per annum from February 1, 1996 until paid in full. Each required prepayment of principal shall be considered to be overdue if it is not paid on its due date notwithstanding any Forbearance Default. The term "Notes" as used herein shall include each Amended and Restated Note delivered pursuant to this Agreement (the "Agreement") and each Note delivered in substitution or exchange therefor and, where applicable, shall include the singular number as well as the plural. Any reference to the Purchaser in this Agreement shall in all instances be deemed to include any nominee of the Purchaser or any separate account or other person on whose behalf the Purchaser has acquired the Notes and any Person to whom a Note is assigned. Concurrently...
Description of Notes. Closing Date August 18, 2015
Description of Notes. The Company will authorize the issue and sale of $50,000,000 aggregate principal amount of its 4.02% Senior Notes due August 14, 2025 (as amended, restated or otherwise modified from time to time pursuant to Section 17 and including any such notes issued in substitution therefor pursuant to Section 13, the “Notes”). The Notes shall be substantially in the form set out in Schedule 1. Certain capitalized and other terms used in this Agreement are defined in Schedule B. References to a “Schedule” are references to a Schedule attached to this Agreement unless otherwise specified. References to a “Section” are references to a Section of this Agreement unless otherwise specified.
Description of Notes. 1 Section 1.2. Commitment, Closing Date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Section 1.3.
Description of Notes. The Company will authorize the issue and sale of the following Senior Notes: Issue Series and/or Tranche Aggregate Principal Amount Interest Rate Maturity Date Senior Notes Series 2005-A $40,000,000 5.69% November 1, 2018 The Series 2005-A Senior Notes described above (the “Series A Notes”) together with each Series of Additional Notes that may from time to time be issued pursuant to the provisions of Section 2.2 are collectively referred to as the “Notes” (such term shall also include any such notes issued in substitution therefor pursuant to Section 13 of this Agreement). The Series A Notes shall be substantially in the form set out in Exhibit 1(a) with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used in this Agreement are defined in Schedule B; references to a “Schedule” or an “Exhibit” are, unless otherwise specified, to a Schedule or an Exhibit attached to this Agreement.
Description of Notes. 1 Section 1.2. Commitment, Closing Dates........................................................ 2 Section 1.3. Other Agreements................................................................. 2
Description of Notes. We, JinkoSolar Holding Co., Ltd., will issue the notes under an indenture to be dated as of the date of initial issuance of the notes, which we refer to as the indenture, between JinkoSolar Holding Co., Ltd., as issuer, and The Bank of New York Mellon, London Branch as trustee (the “trustee”), paying agent (the “paying agent”) and conversion agent (the “conversion agent”), ▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇/NV, Luxembourg Branch, as registrar (the “registrar”) and transfer agent (the “transfer agent”). The following description is a summary of the material provisions of the notes and the indenture and does not purport to be complete. This summary is subject to, and is qualified by reference to, the provisions of the notes and the indenture, including the definitions of certain terms used in these documents. We urge you to read these documents because they, and not this description, define your rights as a holder of the notes. For purposes of this description, references to “the Company,” “we,” “our” and “us” refer only to JinkoSolar Holding Co., Ltd., and not to its subsidiaries and references to “holders” refer to holders of the notes described herein.
Description of Notes. Closing Date August 4, 2016 Initial Note A-1-EMP-C1 Principal Balance $32,892,473.10 Initial Note A-1-SFC-C1 Principal Balance $9,107,526.90 Initial Note A-1-EMP-C2 Principal Balance $23,494,623.70 Initial Note A-1-SFC-C2 Principal Balance $6,505,376.30 Initial Note A-1-EMP-C3 Principal Balance $23,494,623.70 Initial Note A-1-SFC-C3 Principal Balance $6,505,376.30 Initial Note A-1-EMP-C4 Principal Balance $18,426,833.30 Initial Note A-1-SFC-C4 Principal Balance $5,102,166.70 Initial Note A-2-EMP-C1 Principal Balance $32,892,473.10 Initial Note A-2-SFC-C1 Principal Balance $9,107,526.90 Initial Note A-2-EMP-C2 Principal Balance $23,494,623.70 Initial Note A-2-SFC-C2 Principal Balance $6,505,376.30 Initial Note A-2-EMP-C3 Principal Balance $23,494,623.70 Initial Note A-2-SFC-C3 Principal Balance $6,505,376.30 Initial Note A-2-EMP-C4 Principal Balance $18,426,833.30 Initial Note A-2-SFC-C4 Principal Balance $5,102,166.70 Initial Note A-1-EMP-S1 Principal Balance $35,637,232.50 Initial Note A-1-SFC-S1 Principal Balance $9,867,517.50 Initial Note A-1-EMP-S2 Principal Balance $35,637,232.50 Initial Note A-1-SFC-S2 Principal Balance $9,867,517.50 Initial Note A-2-EMP-S1 Principal Balance $35,637,232.50 Initial Note A-2-SFC-S1 Principal Balance $9,867,517.50 Initial Note A-2-EMP-S2 Principal Balance $35,637,232.50 Initial Note A-2-SFC-S2 Principal Balance $9,867,517.50 Initial Note B-1-EMP Principal Balance $48,916,981.20 Initial Note B-1-SFC Principal Balance $13,544,518.80 Initial Note B-2-EMP Principal Balance $48,916,981.20 Initial Note B-2-SFC Principal Balance $13,544,518.80 Approximate Initial Note A-1-EMP-C1 5.89471% Approximate Initial Note A-1-SFC-C1 Percentage Interest 1.63217% Approximate Initial Note A-1-EMP-C2 Percentage Interest 4.21051% Approximate Initial Note A-1-SFC-C2 Percentage Interest 1.16584% Approximate Initial Note A-1-EMP-C3 Percentage Interest 4.21051% Approximate Initial Note A-1-SFC-C3 Percentage Interest 1.16584% Approximate Initial Note A-1-EMP-C4 Percentage Interest 3.30230% Approximate Initial Note A-1-SFC-C4 Percentage Interest 0.91437% Approximate Initial Note A-2-EMP-C1 Percentage Interest 5.89471% Approximate Initial Note A-2-SFC-C1 Percentage Interest 1.63217% Approximate Initial Note A-2-EMP-C2 Percentage Interest 4.21051% Approximate Initial Note A-2-SFC-C2 Percentage Interest 1.16584% Approximate Initial Note A-2-EMP-C3 Percentage Interest 4.21051% Approximate Initial Note A-2-SFC-C3 Percentage Interest 1.16584% Approximat...