OID Notes definition
Examples of OID Notes in a sentence
Upon surrender of any Note for repayment, such Note shall become due and payable on the date of repayment (herein called the “repayment date”), and the Fiscal Agent shall pay such Note on the repayment date at a price equal to (i) in the case of a Note other than an Original Issue Discount Note, the Optional Repayment Price applicable to such repayment date plus interest, if any, accrued to the date of repayment or (ii) in the case of OID Notes, the Amortized Face Amount thereof.
Upon surrender of any Note for repayment, such Note shall become due and payable on the date of repayment (herein called the “repayment date”), and the Fiscal Agent shall pay such Note on the repayment date at a price equal to (i) in the case of a Note other than an Original Issue Discount Note, the Optional Repayment Price applicable to such repayment date plus interest, if any, accrued to the date of repayment or (ii) in the case of OID Notes, the Amortized Face Amount thereof (as defined above).
This Agreement shall become effective without further act as soon as the Company consummates an aggregate of at least $3,000,000 in financing in its current private placement of Series K Preferred Shares and including the face amount of the 12% OID Notes issued in September and October 2010.
Notes will bear interest at a fixed rate (the "Fixed Rate Notes"), which may be zero in the case of certain original issue discount notes (the "OID Notes"), or at floating rates (the "Floating Rate Notes").
In such event, the Redemption Price shall be equal to (i) in the case of Notes other than OID Notes, the unpaid principal amount of such Note plus interest, if any, accrued to the Alternative Payment Date or (ii) in the case of OID Notes, the Amortized Face Amount thereof.
Notes will bear interest at a fixed rate per annum (the ?Fixed Rate Notes"), which may be zero in the case of certain original issue discount notes (the ?OID Notes"), or at floating rates per annum (the ?Floating Rate Notes").
Until so paid, any fees payable hereunder shall be added to the principal amount of the Debentures and OID Notes and shall bear interest at the Default Rate.
The Notes will bear interest at a fixed rate (the "Fixed Rate Notes"), which may be zero in the case of certain original issue discount notes (the "OID Notes"), or at floating rates (the "Floating Rate Notes").
All notices, requests, demands and other communications hereunder shall be subject to the notice provision of each Purchase Agreement (as such term is defined in the Debentures and OID Notes).
Tribeca Short List, LLC EXHIBIT A [Insert the Restricted Notes Legend, if applicable, pursuant to the provisions of the Indenture] [Insert the Global Notes Legend, if applicable, pursuant to the provisions of the Indenture] [Insert the OID Notes Legend, if applicable, pursuant to the provisions of the Indenture] [Insert the Regulation S Temporary Global Notes Legend, if applicable, pursuant to the provisions of the Indenture] No. ___ Up to [$______________] promises to pay to CEDE & CO.