OID Note definition

OID Note means any Note (a) that has been issued at an Issue Price less, by more than a de minimis amount (as determined under United States federal income tax rules applicable to original issue discount instruments), than 100% and (b) any other Note that for United States federal income tax purposes would be considered an original issue discount instrument.
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OID Note is any Note (a) that has been issued at an Issue Price lower, by more than a de minimis amount (as determined under United States federal income tax rules applicable to original issue discount instruments), 4 than the Face Amount thereof and (b) any other Note that for United States federal income tax purposes would be considered an original issue discount instrument.
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OID Note means the discount note dated June 26, 2007 issued by IPC (US), Inc. to IPC Realty Limited at the original issue price of US$97,700,000 and with value at maturity (November 30, 2007) of US$99,823,830.31;
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Examples of OID Note in a sentence

  • Whether the Note is an OID Note, and if it is an OID Note, the applicability of Modified Payment upon Acceleration (and if so, the Issue Price).

  • Whether the Note is an Original Issue Discount Note (an “OID Note”), and if it is an OID Note, the applicability of Modified Payment upon Acceleration (and, if so, the Issue Price).

  • Whether the Note is an OID Note, and if it is an OID Note, and the applicability of Modified Payment upon Acceleration (and if so, the Issue Price).

  • Whether the Note is an OID Note, and if it is an OID Note, the total amount of OID, the yield to maturity, the initial accrual period OID and the applicability of Modified Payment upon Acceleration (and if so, the Issue Price).

  • Whether the Note is an Original Issue Discount Note (an "OID Note"), and if it is an OID Note, the applicability of Modified Payment upon Acceleration (and, if so, the Issue Price).

  • Whether such Book-Entry Note is an OID Note and, if so, the total amount of OID, the yield to maturity and the initial accrual period OID.

  • Whether the Note is an OID Note, and if it is an OID Note, the total amount of OID, the yield to maturity, the initial accrual period OID and the applicability of Modified Payment upon Acceleration (and, if so, the Issue Price).

  • Whether the Note is an OID Note and if it is an OID Note, the applicability of Modified Payment upon Acceleration (and if so, the Issue Price).

  • Notwithstanding anything herein to the contrary, if this Note is an OID Note (other than an Indexed Note), the amount payable in the event of redemption or repayment prior to the Stated Maturity hereof (other than pursuant to an optional redemption by the Company at a stated Redemption Price) shall be the Amortized Face Amount of this Note as of the redemption date or the date of repayment, as the case may be.

  • Whether the Note is an Original Issue Discount Note (an “OID Note”) and if it is an OID Note, the applicability of Modified Payment upon Acceleration (and, if so, the Issue Price).

Related to OID Note

  • New Note shall have the meaning assigned to such term in Section 38.

  • Note means a promissory note made by the Borrower in favor of a Lender evidencing Loans made by such Lender, substantially in the form of Exhibit C.

  • Term Note means a promissory note of the Borrower payable to any Term Lender or its registered assigns, in substantially the form of Exhibit C-1 hereto, evidencing the aggregate Indebtedness of the Borrower to such Term Lender resulting from the Term Loans made by such Term Lender.

  • RMB Note means a Note denominated in Renminbi.

  • Subordinated Note has the meaning set forth in the Purchase and Sale Agreement.