Original Issue means an issue of Securities deposited pursuant to Section 2.1 or any Substitute Securities purchased to replace any Original Issue which have become Failed Securities.
Original Issue discount" of any debt security, including any Original Issue Discount Security, means the difference between the principal amount of such debt security and the initial issue price of such debt security (as set forth in the case of an Original Issue Discount Security on the face of such Security).
Original Issue. Date: December 9, 2004 Stated Maturity: December 1, 2044 Interest Payment Dates: March 1, June 1, September 1 and December 1 Interest Rate: 5.75% per annum Authorized Denominations: $25 or any integral multiple thereof Initial Redemption Date: December 9, 2009 Savannah Electric and Power Company, a Georgia corporation (the "Company", which term includes any successor corporation under the Indenture referred to on the reverse hereof), for value received, hereby promises to pay to _____________________, or registered assigns, the principal sum of ___________________________DOLLARS ($___________) on the Stated Maturity shown above (or upon earlier redemption), and to pay interest thereon from the Original Issue Date shown above, or from the most recent Interest Payment Date to which interest has been paid or duly provided for, quarterly in arrears on each Interest Payment Date as specified above, commencing on March 1, 2005, and on the Stated Maturity (or upon earlier redemption) at the rate per annum shown above until the principal hereof is paid or made available for payment and on any overdue principal and on any overdue installment of interest. The interest so payable, and punctually paid or duly provided for, on any Interest Payment Date (other than an Interest Payment Date that is the Stated Maturity or on a Redemption Date) will, as provided in such Indenture, be paid to the Person in whose name this Note (the "Note") is registered at the close of business on the Regular Record Date as specified above next preceding such Interest Payment Date, provided that any interest payable at Stated Maturity or on any Redemption Date will be paid to the Person to whom principal is payable. Except as otherwise provided in the Indenture, any such interest not so punctually paid or duly provided for will forthwith cease to be payable to the Holder on such Regular Record Date and may either be paid to the Person in whose name this Note is registered at the close of business on a Special Record Date for the payment of such defaulted interest to be fixed by the Trustee, notice whereof shall be given to Holders of Notes of this series not less than 10 days prior to such Special Record Date, or be paid at any time in any other lawful manner not inconsistent with the requirements of any securities exchange, if any, on which the Notes of this series shall be listed, and upon such notice as may be required by any such exchange, all as more fully provided in the Indenture.
Examples of Original Issue in a sentence
THE FOREGOING LEGEND MAY BE REMOVED FROM THIS NOTE AFTER 40 CALENDAR DAYS BEGINNING ON AND INCLUDING THE LATER OF (A) THE DATE ON WHICH THE NOTES ARE OFFERED TO PERSONS OTHER THAN DISTRIBUTORS (AS DEFINED IN REGULATION S UNDER THE SECURITIES ACT) AND (B) THE ORIGINAL ISSUE DATE OF THIS NOTE.”] OEC FINANCE LTD.
To the extent required by Sections 1272, 1273 and 1275 of the Code, and any regulations issued regarding such elections, each Purchase Money Note treated as issued at a discount to its stated redemption price at maturity for federal income tax purposes shall bear a legend in substantially the following form: FOR THE PURPOSES OF SECTIONS 1272, 1273 AND 1275 OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, THIS PURCHASE MONEY NOTE IS BEING ISSUED WITH ORIGINAL ISSUE DISCOUNT.
THE FOLLOWING INFORMATION IS PROVIDED SOLELY FOR THE PURPOSE OF APPLYING THE U.S. FEDERAL INCOME TAX ORIGINAL ISSUE DISCOUNT (“OID”) RULES TO THIS CERTIFICATE.
OID (ORIGINAL ISSUE DISCOUNT) “Original issue discount” refers to CDs with terms greater than 12 months that receive interest at maturity.
UPON WRITTEN REQUEST TO DISCOVER BANK, 00 XXXX'X XXX, XXX XXXXXX, XXXXXXXX, 00000, ATTENTION: TREASURER, DISCOVER BANK WILL PROMPTLY MAKE AVAILABLE TO ANY HOLDER OF THIS NOTE THE FOLLOWING INFORMATION: (1) THE ISSUE PRICE AND ISSUE DATE OF THE NOTE, (2) THE AMOUNT OF ORIGINAL ISSUE DISCOUNT ON THE NOTE AND (3) THE YIELD TO MATURITY OF THE NOTE.
More Definitions of Original Issue
Original Issue. Date: December __, 2005 Original Conversion Price (subject to adjustment herein): $0.4544 $_______________ 8% CONVERTIBLE DEBENTURE DUE DECEMBER __, 2009 THIS 8% CONVERTIBLE DEBENTURE is one of a series of duly authorized and issued 8% Convertible Debentures of Electronic Sensor Technology, Inc., a Nevada corporation, having a principal place of business at 1077 Business Center Circle, Newbury Park, CA 91320 (the "Company"), xxxxxxxxxx xx xxx 0% Xxxxxxxxxxx Xxxxxxxxx, xxx Xxxember __, 2009 (this debenture, the "Debenture" and collectively with the other such series of debentures, the "Debentures"). FOR VALUE RECEIVED, the Company promises to pay to ________________________ or its registered assigns (the "Holder"), or shall have paid pursuant to the terms hereunder, the principal sum of $_______________ by December __, 2009, or such earlier date as this Debenture is required or permitted to be repaid as provided hereunder (the "Maturity Date"), and to pay interest to the Holder on the aggregate unconverted and then outstanding principal amount of this Debenture in accordance with the provisions hereof. This Debenture is subject to the following additional provisions:
Original Issue. Date: May 21, 2008 Original Conversion Price (subject to adjustment herein): $0.33 $_______________ SENIOR SECURED CONVERTIBLE DEBENTURE DUE SEPTEMBER 29, 2008 THIS SENIOR SECURED CONVERTIBLE DEBENTURE is one of a series of duly authorized and validly issued Senior Secured Convertible Debentures of ABC Funding, Inc., a Nevada corporation, (the "Company"), having its principal place of business at 900 Xxxxx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, XX 00000, designated as its Senior Secured Convertible Debenture due September 29, 2008 (this debenture, the "Debenture" and, collectively with the other debentures of such series, the "Debentures"). FOR VALUE RECEIVED, the Company promises to pay to ________________________ or its registered assigns (the "Holder"), or shall have paid pursuant to the terms hereunder, the principal sum of $_______________(1) on the earlier of (i) September 29, 2008 or (ii) concurrently with the closing of the Company's purchase of all of the capital stock of Voyager Gas Corporation (the "Voyager Acquisition"), as contemplated by that certain Stock Purchase and Sale Agreement of even date herewith between the Company and Voyager Gas Holdings, LP (the "Maturity Date") or such earlier date as this Debenture is required or permitted to be repaid as provided hereunder; provided, however, the Company shall give the Holder 5 Trading Days' prior written notice of the closing of the Voyager Acquisition. At any time prior to the Trading Day ---------- 1 1.125 times the Subscription Amount. immediately prior to the Voyager Acquisition, the Holder shall have the right to convert this Debenture pursuant to Section 4. Any portion of this Debenture not so converted (or exercise its rights under Section 4.18 of the Purchase Agreement) by Holder shall, concurrently with the closing of the Voyager Acquisition, be repaid to the Holder, and upon such repayment, all further obligations of the Company under this Debenture shall terminate. This Debenture is subject to the following additional provisions:
Original Issue. Date: December ___, 2004 Original Conversion Price (subject to adjustment herein): $2.00 $---------------
Original Issue. Date: Indexed Currency or Initial Interest Reset Currencies (if any): Date:
Original Issue means an issue of Securities deposited pursuant to Section 2.01 or any Replacement Securities purchased to replace any Original Issue which have become Failed Contract Securities.
Original Issue. Discount Security"....................................................................... 12 "Outstanding"............................................................................................ 12 "Paying Agent"........................................................................................... 13 "Periodic Offering"...................................................................................... 13 "Permitted Liens"........................................................................................ 13 "Person"................................................................................................. 16 "Place of Payment"....................................................................................... 16 "Predecessor Security"................................................................................... 16 "Prepaid Lien"........................................................................................... 16 "Property Additions"..................................................................................... 16 "Purchase Money Lien".................................................................................... 17 "Redemption Date"........................................................................................ 17 "Redemption Price"....................................................................................... 17 "Regular Record Date".................................................................................... 17 "Responsible Officer".................................................................................... 17 "Retired Securities"..................................................................................... 17 "Securities"............................................................................................. 18 "Security Register"...................................................................................... 18 "Special Record Date".................................................................................... 18 "Stated Interest Rate"................................................................................... 18 "Stated Maturity"........................................................................................ 18 "Successor Corporation".................................................................................. 18 "Tranche"................................................................................................ 18 "Transact...
Original Issue. Date: May 8, 2002 $112,500 No. 3 ACHIEVEMENT TEC HOLDINGS, INC. 10% SECURED CONVERTIBLE DEBENTURE MAY 8, 2003 THIS DEBENTURE is one of a series of duly authorized and issued debentures of Achievement Tec Holdings, Inc., a Delaware corporation, having a principal place of business at 2100 Highway 360, Suite 400-B Grand Prairie, Texas 75050 (the "Cxxxxxx"), xxxxxxxxxx xx xxx 00% Xxxxxxx Xxxxxxxxxxx Xxxxxxxxe due May 8, 2003 or such earlier date as the debentures are required or permitted to be repaid as provided hereunder, in the aggregate principal amount of Five Hundred Thousand Dollars ($500,000) (collectively, the "Debentures"). FOR VALUE RECEIVED, the Company promises to pay to the order of Ajw/New Millennium Offshore Ltd. or its registered assigns (the "Holder") the principal sum of One Hundred and Twelve Thousand Five Hundred Dollars ($112,500) plus any accrued and unpaid interest thereon, on May 8, 2003, or such earlier date as the Debentures are required or permitted to be repaid hereunder ("Maturity Date"). This Debenture is subject to the following additional provisions.