Tap Issue definition

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

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

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

Examples of Tap Issue in a sentence

• The Bond Trustee shall prepare an addendum to these Bond Terms evidencing the terms of each Tap Issue (a “Tap Issue Addendum”).

• 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 these Bond Terms, except that Additional Bonds may be issued at a different price than for the Initial Bond Issue and which may be below or above the Nominal Amount.

• 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.

• The Bond Issue is a Tap Issue, under which subsequent issues may take place after Issue Date up to the total aggregate amount described in Clause 2.2.1, running from the Issue Date and to be closed no later than five (5) Business Days prior to the Maturity Date.

More Definitions of Tap Issue

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

Tap Issue means the issue of the bonds by the Issuer by increasing the amount outstanding under the Existing Bonds from USD 175,000,000 to USD 350,000,000.

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

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

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). 1.2

Tap Issue means the issue of new Bonds in the amount of USD 175,000,000 on the Tap Issue Date as an increase and amendment of the Original Bond Issue, suchnew Bonds being issued at a price of 103.50% of par value giving gross proceeds of USD 181,125,000.