Notes Margin definition
Examples of Notes Margin in a sentence
From (and including) the Issue Date, the applicable per annum interest rate on the floating rate notes will be equal to the Benchmark (such term subject to the provisions described under “Description of Senior Notes” in the Preliminary Prospectus Supplement) as determined on the applicable Interest Determination Date, plus the Floating Rate Notes Margin (as defined in the Preliminary Prospectus Supplement).
DETAILS OF THE RESELLER MARGIN Software Licence Type Notes Margin Subscription The Partner will be charged published End User Pricing, minus the Margin 15% License (Perpetual Legacy Customers only) Margin will apply to license sale and the first year's maintenance fees.
Thereafter, the interest rate on the Callable Floating Rate Notes for any Callable Floating Rate Notes Interest Period will be a per annum rate equal to the Benchmark, as determined on the applicable Interest Determination Date plus the Callable Floating Rate Notes Margin.
From (and including) the 2030 Notes Par Redemption Date to (but excluding) the 2030 Notes Maturity Date (the “2030 Notes Floating Rate Period”), the applicable per annum interest rate will be equal to the Benchmark (such term subject to the provisions described under “Description of Senior Notes” in the Preliminary Prospectus Supplement) as determined on the applicable Interest Determination Date, plus the 2030 Notes Margin (as defined in the Preliminary Prospectus Supplement).
Immediately before and after giving effect to the sale of the Convertible Notes, Margin Stock will constitute less than 25% of the Company’s assets as determined in accordance with Regulation U.
From (and including) the 2034 Notes Par Redemption Date to (but excluding) the 2034 Notes Maturity Date (the “2034 Notes Floating Rate Period”), the applicable per annum interest rate will be equal to the Benchmark (such term subject to the provisions described under “Description of Senior Notes” in the Preliminary Prospectus Supplement) as determined on the applicable Interest Determination Date, plus the 2034 Notes Margin (as defined in the Preliminary Prospectus Supplement).
From (and including) the 2028 Notes Reset Date to (but excluding) the 2028 Notes Maturity Date, the applicable per annum interest rate will be equal to the sum, as determined by the Calculation Agent, of the then prevailing U.S. Treasury Rate (such term subject to the provisions described under “Description of Senior Notes” in the Preliminary Prospectus Supplement (as defined below)), on the applicable Reset Determination Date, plus the 2028 Notes Margin.
After applying the proceeds of the Notes, Margin Stock does not constitute more than 5% of Consolidated Total Assets and the Company does not have any present intention that Margin Stock will constitute more than 5% of Consolidated Total Assets.
From (and including) the 2033 Notes Reset Date to (but excluding) the 2033 Notes Maturity Date, the applicable per annum interest rate will be equal to the sum, as determined by the Calculation Agent, of the then prevailing U.S. Treasury Rate, on the Reset Determination Date, plus the 2033 Notes Margin.
From (and including) the 2033 Notes Reset Date to (but excluding) the 2033 Notes Maturity Date, the applicable per annum interest rate will be equal to the sum, as determined by the Calculation Agent, of the then prevailing U.S. Treasury Rate (such term subject to the provisions described under “Description of Senior Notes” in the Preliminary Prospectus Supplement (as defined below)), on the applicable Reset Determination Date, plus the 2033 Notes Margin.