Original Issue Value definition

Original Issue Value means, subject to the Automatic Redemption Adjustment, if any, the aggregate Initial Liquidation Preference of all the shares of Series B Preferred Stock issued to the Permitted Holders excluding those shares issued as a Dividend.
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Examples of Original Issue Value in a sentence

  • Accordingly, the portion of the Original Issue Value of the GO CABs 2003C and GO CABs 2005 placed into escrow does not count against the legal debt limit and is no longer shown as debt of the District.

  • In the case of a CAB purchased in the secondary market at $3,750 for example, the $3,750 refunding bond would count against the legal debt margin but the $2,500 bond refunded would no longer count against this limit.In the case of the GO CABs 2008, the Original Issue Value does not count against the legal debt margin pursuant to the special legislation approved by the General Assembly, which exempted any bonds issued pursuant to the 2006 Referendum from the legal debt margin.

  • In the case of a 2008 CAB purchased in the secondary market at $3,750 for example, the difference between the refunding bond amount of $3,750 less the Original Issue Value 2008 CAB,$1,250, would count against the legal debt limit.The above accounts for the difference between the amount CABs shown in the FY 2016 budget and FY 2017 budget.

  • The refunding bonds do count against the legal debt limit; so, for example, if a$2,500 Original Issue Value CAB with a Maturity Value of $5,000 is later escrowed to maturity, then the$5,000 refunding bond would count against the legal debt margin but the $2,500 bond refunded would no longer count against this limit.

  • Denver Water finished construction of the first phase of Gross Reservoir and Dam in 1954, and under the license issued by FERC, operates a 7,598-kW hydroelectric facility, 340- foot dam, and the 418-acre Gross Reservoir.

  • At any time, upon the determination of the Board of Directors, the Corporation may redeem all, or any portion, of the Series A Preferred Stock at a redemption price per share equal to the Original Issue Value.

Related to Original Issue Value

  • Original Issue Price means $1.00 per share for the Series A Preferred Stock, $3.00 per share for the Series B Preferred Stock, $6.00 per share for the Series C Preferred Stock, $3.76 per share for the Series D Preferred Stock and $5.00 per share for the Series E Preferred Stock.

  • Original Issue Date means the date of the first issuance of any shares of the Preferred Stock regardless of the number of transfers of any particular shares of Preferred Stock and regardless of the number of certificates which may be issued to evidence such Preferred Stock.

  • Series B Original Issue Date means the date on which the first share of Series B Preferred Stock was issued.

  • 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.

  • Series C Original Issue Date means the date on which the first share of Series C Preferred Stock was issued.

  • Series D Original Issue Date means the date on which the first share of Series D Preferred Stock was issued.

  • Series B Original Issue Price means with respect to the Series B Preferred Shares, an amount per share equal to US$1.43854 (subject to appropriate adjustment in the event of any share dividend, share split, combination or other similar recapitalization affecting the outstanding Series B Preferred Shares).

  • Last Original Issue Date means (A) with respect to any Notes issued pursuant to the Purchase Agreement (including any Notes issued pursuant to the exercise of the Shoe Option by the Initial Purchasers), and any Notes issued in exchange therefor or in substitution thereof, the later of (i) the Issue Date and (ii) the last date any Notes are originally issued pursuant to the exercise of the Shoe Option; and (B) with respect to any Notes issued pursuant to Section 2.03(B), and any Notes issued in exchange therefor or in substitution thereof, either (i) the later of (x) the date such Notes are originally issued and (y) the last date any Notes are originally issued as part of the same offering pursuant to the exercise of an option granted to the initial purchaser(s) of such Notes to purchase additional Notes; or (ii) such other date as is specified in an Officer’s Certificate delivered to the Trustee before the original issuance of such Notes.

  • Series A Original Issue Date means the date on which the first share of Series A Preferred Stock was issued.

  • Series A Original Issue Price means with respect to the Series A Preferred Shares, an amount per share equal to US$0.73276 (subject to appropriate adjustment in the event of any share dividend, share split, combination or other similar recapitalization affecting the outstanding Series A Preferred Shares).

  • Original Issuance Date means the date of closing pursuant to the Investment Agreement.

  • Original Issue Discount of any Security means the difference between the Issue Price and the Principal Amount of the Security as set forth on the face of the Security.

  • Initial Issue Price means the price (excluding any Preliminary Charge) per Share at which Shares are initially offered in a Fund during the Initial Offer Period as specified in the Supplement for the relevant Fund;

  • Initial Issue Date means the date that shares of Series A Preferred Stock are first issued by the Corporation.

  • Original Issue Discount Note means a Note which has a stated redemption price at the Stated Maturity Date that exceeds its Issue Price by more than a specified de minimis amount and which the Supplement indicates will be an “Original Issue Discount Note”.

  • Original Issue Discount Securities means any Securities that are initially sold at a discount from the principal amount thereof and that provide upon an Event of Default for declaration of an amount less than the principal amount thereof to be due and payable upon acceleration thereof.

  • Original Issue Discount Security means any Security which provides for an amount less than the principal amount thereof to be due and payable upon a declaration of acceleration of the Maturity thereof pursuant to Section 502.

  • Tax Original Issue Discount means the amount of ordinary interest income on a Debenture that must be accrued as original issue discount for United States Federal income tax purposes pursuant to U.S. Treasury Regulation section 1.1275-4.

  • Original Issue Discount Debt Security means any Debt Security which provides for an amount less than the principal amount thereof to be due and payable upon a declaration of acceleration of the maturity thereof pursuant to Section 6.01.

  • Series Issue Date means the date of issuance of the Initial Tranche of a Series of ETP Securities, as specified in the relevant Final Terms.

  • Initial Issuance Date means the Closing Date of the first Series of Notes issued to the Holders.

  • Date of Original Issue means, with respect to any Series, the date specified as the Date of Original Issue for such Series in the Appendix for such Series.

  • Issue Price With respect to each Class of Certificates, the “issue price” as defined in the Code and Treasury regulations promulgated thereunder.

  • Date of Original Issuance means in respect of any Commission Share, the date with reference to which the amount of the CDSC payable on redemption thereof, if any, is computed.

  • OID means original issue discount.

  • Series A Issue Price means $39.2253 per Series A Preferred Unit.