Dollar Price definition

Dollar Price means, with respect to the ROARS, the present value, as of the first Remarketing Date, of the Remaining Scheduled Payments for such ROARS discounted to such Remarketing Date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Treasury Rate.
Dollar Price means the discounted present value to the Remarketing Date of the cash flows on a bond (x) with a principal amount equal to the aggregate principal amount of the Drs., (y) maturing on the Stated Maturity Date and (z) bearing interest from the Remarketing Date, payable semi-annually (assuming a 360-day year consisting of twelve 30-day months) on the interest payment dates of the Drs. at a rate equal to the Base Rate, using a discount rate equal to the Treasury Rate (defined below).
Dollar Price means, with respect to the MOPPRS, the present value determined by the Remarketing Dealer, as of the Remarketing Date, of the Remaining Scheduled Payments (as defined below) discounted to the Remarketing Date, on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months), at the Treasury Rate (as defined below).

Examples of Dollar Price in a sentence

  • On July 21, 2020, the province of Ontario gave Royal Assentto Bill 195, Re-opening Ontario (A Flexible Response to COVID- 19) Act, 2020 ("Bill 195").

  • Reason for Inadequate ProfitProfit was inadequate during the year because of Commodity Price Fluctuation and Dollar Price Fluctuation.2. Steps taken or proposed to be taken for ImprovementCompany is taking steps for new market development.

  • If the Company so elects to redeem the ROARS, the Company shall redeem the ROARS in whole on the first Remarketing Date or on any subsequent Remarketing Date at the Dollar Price plus accrued and unpaid interest, if any.

  • The Interest Rate to Maturity shall be equal to the sum of 6.07% (the "Base Rate") and the Applicable Spread, which will be based on the Dollar Price of the ROARS.

  • If for any reason the Remarketing Dealer does not purchase all of the ROARS on the first Remarketing Date, the Company shall be required to redeem the ROARS at a price equal to the principal amount thereon, plus all accrued and unpaid interest, if any, if such Remarketing Date is the first Remarketing Date, or at the Dollar Price, plus accrued and unpaid interest, if any, on any such subsequent Remarketing Date.


More Definitions of Dollar Price

Dollar Price means, with respect to the MOPPRS, the present value, as of the Remarketing Date, of the Remaining Scheduled Payments (as defined below) discounted to the Remarketing Date, on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months), at the Treasury Rate (as defined below).
Dollar Price means, with respect to the MOPPRS, the present value, as of the Remarketing Date, of the Remaining Scheduled Payments discounted to the Remarketing Date, on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months), at the Treasury Rate.
Dollar Price means, with respect to the Notes, the present value determined by the SPURS Agent, as of the SPURS Remarketing Date, of the Remaining Scheduled Payments (as defined below) discounted to the SPURS Remarketing Date, on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months), at the Treasury Rate (as defined below).
Dollar Price has the meaning set forth in Section 3.2(b)(i).
Dollar Price means, with respect to the Notes, the present value determined by the MAPS Agent, as of the MAPS Remarketing Date, of the Remaining Scheduled Payments (as defined below) discounted to the MAPS Remarketing Date, on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months), at the Treasury Rate (as defined below).
Dollar Price means the present value determined by the Callholder, as of the applicable ROARS Remarketing Date, of the Remaining Scheduled Payments discounted to such ROARS Remarketing Date, on a semiannual basis (assuming a 360-day year consisting of twelve 30-day months), at the Treasury Rate.
Dollar Price of the Notes shall be equal to the present value of the remaining principal and interest payments of the Base Rate from August 15, 2004, discounted at the Treasury Rate. The Spread, as determined in the manner specified in the next succeeding sentence, shall be the lowest bid, expressed as a spread in the terms of the Base Rate given the Dollar Price as calculated in the prior sentence. The Spread will be obtained by the Calculation Agent on the Determination Date from each of five leading dealers of publicly traded debt securities of the Company in The City of New York (which may include the Calculation Agent or one of its affiliates) selected by the Calculation Agent, for the full aggregate principal amount of the Notes, but assuming an issue date on August 15, 2004, a stated annual interest rate equal to the Base Rate plus the spread bid by such dealer, for settlement, without accrued interest, on August 15, 2004. If fewer than five such dealers bid as described above, then the Spread shall be the arithmetic mean of the bids obtained, determined as described above. Notwithstanding the calculation of the Spread described above, if the Calculation Agent and the Company agree, the Callholder and the Company may mutually determine the Interest Rate to Maturity for the Notes. The Interest Rate to Maturity announced by the Calculation Agent, absent manifest error, shall be binding and conclusive upon the beneficial owners and holders of the Notes, the Company and the Trustee.