NSAF Notes definition
Examples of NSAF Notes in a sentence
GSP acknowledges and agrees that its purchase of the NSAF Notes from NSAF will be on the terms and conditions set out in the Series A Terms and Conditions, including without limiting the generality of the foregoing, the limited recourse and non-petition conditions as set out in the Series A Terms and Conditions.
The NSAF Notes have a face value of U.S $2,700,000,000 (two billion seven hundred million United States dollars), comprising a principal amount of U.S. $1,500,000,000 (one billion five hundred million United States dollars), with an interest rate of 4% (four percent), maturity date of February 15, 2043 and ISIN GB00BQB6BV63.
Subject to the terms and conditions set forth herein, on the Closing Date, in consideration of GSP selling to NSAF and NSAF purchasing from GSP, the NMS Notes, NSAF will issue the NSAF Notes to GSP.