ULC Notes definition
Examples of ULC Notes in a sentence
There is hereby authorized to be issued under the Original Indenture, as supplemented by the Third Supplemental Indenture and this Supplemental Indenture, the New Notes, the terms and conditions of which are the same in all respects as the Original Notes, except for the issue date and the issue price, and which will be consolidated to form a single series and be fully fungible with the Original Notes and designated as “4.30% Brookfield Property Finance ULC Notes due 2024”.
The Fund Note Subscription Price shall be paid at the Closing Time by, or on behalf of, the Fund by delivery of a bank draft or a certified cheque payable to, or to the order of, Custom Direct ULC, or as may be otherwise directed by Custom Direct ULC in writing, against delivery by Custom Direct ULC of the $55,076,493.00 principal amount Custom Direct ULC Notes registered in the name of the Fund.
There is hereby authorized to be issued under the Original Indenture, as supplemented by the First Supplemental Indenture, the New Notes, the terms and conditions of which are the same in all respects as the Original Notes, except for the issue date and the issue price, and which will be consolidated to form a single series and be fully fungible with the Original Notes and designated as “4.346% Brookfield Property Finance ULC Notes due 2023”.
Subject to the terms and conditions of this Agreement, at the Closing, Custom Direct ULC will issue and sell to the Fund and the Fund will purchase from Custom Direct ULC the Canadian equivalent of $55,076,493.00 principal amount Custom Direct ULC Notes (being Cdn $76,776,631.24) at a price of 100% of the principal amount for an aggregate subscription price of $55,076,493.00 (the "Fund Note Subscription Price").