Sinking Fund Provisions definition

Sinking Fund Provisions. [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire $ principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest] [, together with [cumulative] [non-cumulative] redemptions at the option of the Company to retire an additional $ principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest.] [If Designated Securities are Extendable Debt Securities, insert-- Extendable Provisions: The Designated Securities are repayable on , at the option of the holder, at their principal amount with accrued interest. The initial annual interest rate will be %, and thereafter the annual interest rate will be adjusted on , , and to a rate not less than % of the effective annual interest rate on obligations with year maturities as of the [interest date 15 days prior to maturity date] prior to such [insert maturity date].] [If Designated Securities are Floating Rate Debt Securities, insert-- Floating Rate Provisions: The initial annual interest rate will be % through [and thereafter will be adjusted [monthly] [on each , , and ] [to an annual rate of % above the average rate for -year [-month] [securities] [certificates of deposit] by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills plus % of the Interest Differential (the excess, if any, of (i) the then-current weekly average per annum secondary market yield for -month certificates of deposit over (ii) the then-current interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills); [from and thereafter the rate will be the then-current interest yield equivalent plus % of the Interest Differential].] 23
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Sinking Fund Provisions. No sinking fund provisions.
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Sinking Fund Provisions. [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire [$______] principal amount of Designated Securities on _______ in each of the years __ through __ at 100% of their principal amount plus accrued interest[, together with [cumulative] [noncumulative] redemptions at the option of the Company to retire an additional [$___] principal amount of Designated Securities in the years ___ through ___ at 100% of their principal amount plus accrued interest.] [If Designated Securities are extendable debt securities, insert-- Extendable provisions: Designated Securities are repayable on ______ [insert date and years], at the option of the holder, at their principal amount with accrued interest. The initial annual interest rate will be __%, and thereafter the annual interest rate will be adjusted on __ and ___ to a rate not less than ___% of the effective annual interest rate on U.S. Treasury obligations with ___-year maturities as of the [insert date 15 days prior to maturity date] prior to such [insert maturity date].] [If Designated Securities are floating rate debt securities, insert-- Floating rate provisions: Initial annual interest rate will be ___% through ____ [and thereafter will be adjusted [monthly] [on each __, ___, and ] [to an annual rate of ___% above the average rate for ____-year [month][securities][certificates of deposit] issued by ___ and ___ [insert names of banks]____] [and the annual interest rate [thereafter] [from ___ through ___] will be the interest yield equivalent of the weekly average per annum market discount rate for ___-month Treasury bills plus ____% of Interest Differential (the excess, if any, of (i) the then current weekly average per annum secondary market yield for ___-month certificates of deposit over (ii) the then current interest yield equivalent of the weekly average per annum market discount rate for ___-month Treasury bills); [from ___ and thereafter the rate will be the then current interest yield equivalent plus ___% of Interest Differential].] Defeasance provisions: Closing location for delivery of Designated Securities: Additional Closing Conditions: Names and addresses of Representatives: Designated Representatives: Address for Notices, etc.: [Other Terms]: ANNEX II Pursuant to Section 7(e) of the Underwriting Agreement, the accountants shall furnish letters to the Underwriters to the effect that:
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Examples of Sinking Fund Provisions in a sentence

  • Sinking Fund Provisions: No sinking fund provisions Defeasance Provisions: Legal defeasance and covenant defeasance permitted upon compliance with conditions set forth in the Indenture Additional Terms: Except as otherwise provided in this Schedule II, such other terms are specified in the Pricing Prospectus.

  • Sinking Fund Provisions: No sinking fund provisions Defeasance Provisions: Legal defeasance and covenant defeasance permitted upon compliance with conditions set forth in the Indenture Additional Terms: Except as otherwise provided in this Schedule II-1, such other terms are specified in the Pricing Prospectus.

  • Sinking Fund Provisions: No sinking fund provisions Defeasance Provisions: Legal defeasance and covenant defeasance permitted upon compliance with conditions set forth in the Indenture Additional Terms: Except as otherwise provided in this Schedule II-2, such other terms are specified in the Pricing Prospectus.

  • Sinking Fund Provisions: None Denomination and Form: The Notes are issuable only in registered form without coupons in denominations of $1,000 and any integral multiple thereof.

  • Sinking Fund Provisions: No sinking fund provisions Defeasance Provisions: Legal defeasance and covenant defeasance permitted upon compliance with conditions set forth in the Indenture Additional Terms: Except as otherwise provided in this Schedule II-2, such other terms specified in the Pricing Prospectus.


More Definitions of Sinking Fund Provisions

Sinking Fund Provisions. [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire [$] principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest] [, together with [cumulative] [noncumulative] redemptions at the option of the Company to retire an additional [$] principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest]. [If Securities are extendable debt securities, insert -- ]
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Sinking Fund Provisions. None Redemption Provisions: None
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Sinking Fund Provisions. Redemption Provisions: Securities into which Convertible or Exchangeable: Maturity:
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Sinking Fund Provisions. [ ] Applicable Time: [ ] Pricing Disclosure Package: [ ]
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Sinking Fund Provisions. None Global Note Depositary: CDS Clearing and Depository Services Inc. Closing Date and Time of Delivery: May 26, 2009 at 9:00 a.m., Toronto time Closing Location: Davies Xxxx Xxxxxxxx & Xxxxxxxx XXX, Xxxxx 0000, Xxxxxxx, Xxxxxxx RBC Dominion Securities Inc. 30% TD Securities Inc. 30% Scotia Capital Inc. 20% BMO Xxxxxxx Xxxxx Inc. 10% CIBC World Markets Inc. 10%
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Sinking Fund Provisions. No sinking fund provisions Defeasance provisions: Sections 13.2 and 13.3 of the Indenture shall be applicable to the 2028 Notes Time of Delivery: June 24, 2020 Closing Location for Delivery of Securities: The Depository Trust Company 50 Xxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Designated Representatives: Mxxxxx Sxxxxxx & Co. LLC Barclays Capital Inc. BofA Securities, Inc. J.X. Xxxxxx Securities LLC Address for Notices, etc.: c/o Morgan Sxxxxxx & Co. LLC 1000 Xxxxxxxx, 00xx Xxxxx Xxx Xxxx, Xxx Xxxx 00000 Attn: Investment Banking Division Title of Notes: 1.400% Notes due 2030 (the “2030 Notes”) Aggregate principal amount: $650,000,000 Pricing Effective Time: 3:40 p.m., New York City time, June 22, 2020 Price to Public: 98.567% of the principal amount of the 2030 Notes, plus accrued interest from June 24, 2020 (if any). Purchase Price by Underwriters: 98.117% of the principal amount of the 2030 Notes, plus accrued interest from June 24, 2020 (if any). Method of and specified funds for payment of purchase price: By wire transfer to a bank account specified by the Company in immediately available funds Indenture: Indenture, dated as of March 10, 2015, between the Company and U.S. Bank National Association, as Trustee Maturity: June 30, 2030 Interest Rate: 1.400% Interest Payment Dates: Semiannually on December 30 and June 30, commencing December 30, 2020.
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Sinking Fund Provisions. None Applicable Time: 2:22 PM (New York time) on February 4, 2020 Pricing Disclosure Package: Prospectus, dated September 11, 2017, Preliminary Prospectus Supplement, filed with the SEC on February 4, 2020, and Final Term Sheet, dated February 4, 2020 Selling Restrictions: The Designated Securities are offered for sale in places where it is legal to make such offers. Each underwriter has represented and agreed that it has not offered, sold or otherwise made available and will not offer, sell or otherwise make available any Designated Securities to any retail investor in the European Economic Area (“EEA”) or in the United Kingdom (“UK”). For the purposes of this provision:
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