Comparable Issue definition

Comparable Issue means the U.S. Treasury security selected by the quotation agents as having a maturity comparable to the remaining term of the notes, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the notes.
Comparable Issue means the German Bund or Japanese Government Bond, as applicable per tranche of Partnership Interests, selected by an Independent Investment Banker as having a maturity comparable to the Remaining Life of the Partnership Interests to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of a comparable maturity to the remaining term of such Partnership Interests. “Independent Investment Banker” means one of the Reference Dealers appointed by the Bank.
Comparable Issue means the securities specified hereon (as having a maturity comparable to the remaining term of the series of Notes to be redeemed that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the relevant Notes) provided however that, should the relevant Comparable Issue no longer be in issue, the Comparable Issue shall be such other securities as the Issuer, on the advice of an investment bank or broker of recognised standing operating in the relevant currency market, may determine;

Examples of Comparable Issue in a sentence

  • As illustrated in the table above, we note that the Premium/Discount represented by the subscription prices of the Comparable Issue ranged from a discount of approximately 35.00% to a premium of approximately 201.20%, with an average of a premium of approximately 4.75%.

  • Similarly, the Five Days Premium/Discount represented by the subscription prices of the Comparable Issue ranged from a discount of approximately 33.0% to a premium of approximately 175.90%, with an average of a premium of approximately 4.84%.

  • The Comparable Issue involved the acquisition of a controlling stake by the subscriber or the ultimate beneficial owner of it which resulted in his/her/its shareholdings in the issuer to increase to over 30% assuming full conversion of the convertible bonds.

  • Also, based on our review of the Comparable Issues, we noted that similar redemption rights, being the provision for early redemption of the outstanding convertible bonds/notes at the option of the issuer, were included in 7 out of the 10 Comparable Issue.

  • Requirement: ST2 The Contractor shall provide exit plans of how it intends to transfer the Services and data upon contract expiry, either to the Authority or to a replacement contractor.

  • Having considered the premium of the Conversion Price over the net asset value attributable to equity owners of the Company as at 31 December 2017 as well as the premium of the Conversion Price over the closing price of the Share on the last Trading Day prior to the publication of the Memorandum Announcement, which is well above that of the Comparable Issue as discussed under the section headed ‘‘5.


More Definitions of Comparable Issue

Comparable Issue means the Japanese Government Bond selected by an Independent Investment Banker as having a maturity comparable to the Remaining Life of this Subordinated Note to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of a comparable maturity to the remaining term of this Subordinated Note.

Related to Comparable Issue

  • Comparable Company means global company and deemed by the Calculation Agent to have characteristics comparable to the Companies initially comprising the Reference Portfolio.

  • Comparable includes a job with a salary range not more than four grid levels below or one grid level above the employee's original classification. Where this definition is used, an employee shall not utilize the displacement/bumping options to obtain a promotion.

  • comparables means information that compares an issuer to other issuers;

  • Comparable Treasury Issue means the United States Treasury security or securities selected by an Independent Investment Banker as having an actual or interpolated maturity comparable to the remaining term of the Notes to be redeemed that would be utilized, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of a comparable maturity to the remaining term of such Notes.

  • Comparable Position means a position where:

  • Comparable Supply means the supply of Services to another customer of the Supplier that are the same or similar to the Services;

  • Comparable Treasury Price means, with respect to any redemption date, (1) the average of the Reference Treasury Dealer Quotations for such redemption date, after excluding the highest and lowest Reference Treasury Dealer Quotations, or (2) if the Independent Investment Banker obtains fewer than four such Reference Treasury Dealer Quotations, the average of all such quotations.

  • Comparable German Bund Issue means the German Bundesanleihe security selected by any Reference German Bund Dealer as having a fixed maturity most nearly equal to the period from the date of such redemption notice to August 15, 2019, and that would be used, at the time of selection and in accordance with customary financial practice, in pricing new issues of Euro-denominated corporate debt securities in a principal amount approximately equal to the then outstanding principal amount of the Euro Notes and of a maturity most nearly equal to August 15, 2019; provided, however, that, if the period from such date to August 15, 2019 is less than one year, a fixed maturity of one year shall be used;

  • Nationally Recognized Statistical Rating Organization means a nationally recognized statistical rating organization within the meaning of Rule 436 under the Securities Act.

  • Rating means the operating limits as specified by the component manufacturer.

  • Nationally Recognized Rating Agency means any nationally recognized statistical rating organization identified as such by the Securities and Exchange Commission.

  • PASS-THRU ENTITY A "Pass-Thru Entity" as defined in Section 860E(e)(6) of the Code.

  • International Bureau means the International Bureau of the World Intellectual Property Organization;

  • Comparable Rates means rates payable by the Comparison Group for Comparable Services so as to be fair comparable rate with the Framework Prices;

  • Comparable Services means services that are identical or materially similar to the benchmarked Services (including in terms of scope, specification, volume and quality of performance) provided that if no identical or materially similar services exist in the market, the Supplier shall propose an approach for developing a comparable services benchmark;

  • Self-Regulatory Organization means any association of investment advisers or securities dealers registered under the federal securities laws, or any Exchange.

  • Institutional pharmacy means the physical portion of an institutional facility that is engaged in the compounding, dispensing, and distribution of drugs, devices, and other materials, hereinafter referred to as ‘drugs’, used in the diagnosis and treatment of injury, illness, and disease and which is permitted by the State Board of Pharmacy.

  • Rating Agency means only those rating agencies that are engaged from time to time to rate the securities issued in connection with the Securitizations of the Notes.

  • Comparable Government Bond means, in relation to any Comparable Government Bond Rate calculation, at the discretion of an independent investment bank selected by us, a German government bond whose maturity is closest to the maturity of the notes to be redeemed, or if such independent investment bank in its discretion determines that such similar bond is not in issue, such other German government bond as such independent investment bank may, with the advice of three brokers of, and/or market makers in, German government bonds selected by us, determine to be appropriate for determining the Comparable Government Bond Rate.

  • Institutional Client means a major commercial bank, corporation, insurance company, or substantially similar institution, which, as a substantial part of its business operations, purchases or sells securities and makes use of custodial services.

  • Supervised financial organization means a person, other than an insurance company or other organization primarily engaged in an insurance business:

  • Ratings As of any date of determination, the ratings, if any, of the Certificates as assigned by the Rating Agencies.

  • ADR Organization means The American Arbitration Association or, if The American Arbitration Association no longer exists or if its ADR Rules would no longer permit mediation or arbitration, as applicable, of the dispute, another nationally recognized mediation or arbitration organization selected by the Sponsor.

  • Banking organization means a bank, trust company, savings bank, industrial bank, land bank, safe deposit company, private banker, or any organization defined by law as a bank or banking organization.

  • Procuring Agency means all State of New Mexico agencies, commissions, institutions, political subdivisions and local public bodies allowed by law to entertain procurements.

  • Investment Entity means any Entity that conducts as a business (or is managed by an entity that conducts as a business) one or more of the following activities or operations for or on behalf of a customer: