Class D Bonds definition
Examples of Class D Bonds in a sentence
Holders of Class D Bonds may not enforce the Indenture or the Class D Bonds except as provided in the Indenture.
The Company will pay interest due on the Class D Bonds on the Interest Payment Dates, or if any such day is not a business day, the next Business Day.
Customary abbreviations may be used in the name of a holder of Class D Bonds or an assignee, such as: TEN COM (= tenants in common), TEN ENT (= tenants by the entirety), JT TEN (= joint tenants with right of survivorship and not as tenants in common), CUST (= Custodian), and U/G/M/A (= Uniform Gifts to Minors Act).
The Class D Bonds are in registered form within meaning of Treasury Regulations Section 1.871-14(c)(1)(i) for U.S. federal income and withholding tax purposes.
The Class D Bonds are subject to all such terms, and holders of Class D Bonds are referred to the Indenture.
Interest on the Class D Bonds will accrue from the first day of the calendar month immediately preceding the Interest Payment Date through the last day of the calendar month immediately preceding the Interest Payment Date.
Dated: [●] LIGHTHOUSE LIFE CAPITAL, LLC, a Delaware limited liability company By: Name: Its: Authorized Signatory The Class D Bonds are the 9.0% Senior Beacon Bonds described in the within-mentioned Indenture.
The terms of the Class D Bonds include those stated in the Indenture for a complete description of the terms of the Class D Bonds.
The Company shall pay interest on overdue principal and premium, if any, from time to time on demand to the extent lawful at the interest rate applicable to the Class D Bonds; it shall pay interest on overdue installments of interest (without regard to any applicable grace periods) from time to time on demand at the same rate to the extent lawful.
The Company may change the paying agent or registrar without notice to the holders of Class D Bonds but with written notice to the Trustee.