Tap Issue definition

Tap Issue means subsequent issues after Issue Date up to the maximum amount described in Clause 2.2.1.

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Tap Issue means the issue of one or several Additional Bonds up to the Maximum Issue Amount.

Tap Issue means subsequent issues after Issue Date up to the maximum amount described in Clause 2.2.

Examples of Tap Issue in a sentence

• The Bond Trustee will on the issuing of additional Tap Issues make an addendum to the Bond Agreement regulating the conditions for such Tap Issue.

• In these Bond Terms, capitalised terms set out in Clause 1 (Main terms of the Bonds) shall have the meaning set out therein, and additionally the following capitalised terms shall have the meaning set out below: Additional Bonds: Means any debt instruments issued under a Tap Issue, including any Temporary Bonds as defined in Clause 4.1.2 (e).

• The Bond Trustee and the Issuer will on the issuing of additional Tap Issues make an addendum to this Agreement regulating the conditions for each such Tap Issue.

• Each Tap Issue will be subject to identical terms as the Bonds issued pursuant to the Initial Bond Issue in all respects as set out in this Bond Agreement, except that Additional Bonds may be issued at a different price and for a different purpose than for the Initial Bond Issue and such price may be below or above the Nominal Amount.

• Any taps under the Tap Issue will be made at market prices, and will fall under the regulations set out in “emisjonsforskriften av 20.

More Definitions of Tap Issue

Tap Issue has the meaning ascribed to such term in Clause 2.1 (Amount, denomination and ISIN of the Bonds).

Tap Issue shall have the meaning ascribed to such term in Clause 2.2 (The Bonds).

Tap Issue means subsequent issues made after the original Issue Date up to the maximum amount described in Clause 2.2.1.

Tap Issue means subsequent issues of Bonds after the Issue Date, up to the Maximum Issue Amount.

Tap Issue means the issuing of up to SEK 1,000,000,000 in aggregate principal amount of Subsequent Notes.

Tap Issue means subsequent issues after Issue Date up to the maximum amount described in Clause 2.2.1. “Total Assets” means, on any date, (on a consolidated basis for the Group) the aggregate book value of those assets which according to GAAP should be included as assets in the balance sheet. “Total Liabilities” means, on any date, (on a consolidated basis for the Group) the aggregate book value of those liabilities which according to GAAP should be included as liabilities in the balance sheet. “US Securities Act” means the U.S. Securities Act of 1933, as amended. “Voting Bonds” means the Outstanding Bonds less the Issuer’s Bonds. “Working Capital” means: (A) (on a consolidated basis for the Group) the aggregate book value of those assets which according to GAAP should be included as current assets in the balance sheet; less (B) (on a consolidated basis for the Group) the aggregate book value of those liabilities which according to GAAP should be included as current liabilities in the balance sheet; plus (C) (on a consolidated basis for the Group) the aggregate book value of the scheduled installments (including any balloons) on long term debt which according to GAAP should be included as current liabilities in the balance sheet. For the avoidance of doubt, this implies that Working Capital shall be: (A) less (B) plus (C) “Written Resolution” means a written (or electronic) solution for a decision making among the Bondholders, as set out in Clause 16.5 (Written Resolutions).

Tap Issue means any issue of New Ordinary Shares to Winterflood Securities Limited for onward sale to one or more investors pursuant to the Placing Programme; and