Zero Coupon Debentures definition

Zero Coupon Debentures means the Zero Coupon Convertible Subordinated Debentures due 2020 of the Company.
Zero Coupon Debentures means the zero coupon convertible debentures due June 30, 2020, issued by WII on August 22, 2000, pursuant to the Indenture dated as of May 17, 1996, from WII to The Bank of New York, as Trustee, as amended and supplemented thereafter, and guaranteed by WIL.
Zero Coupon Debentures means the outstanding Zero-Coupon Convertible Debentures due 2021 issued by the Borrower pursuant to that certain Indenture dated as of April 30, 2001 between the Borrower and Wilmington Trust Company as trustee.

Examples of Zero Coupon Debentures in a sentence

  • Interest on Zero Coupon Debentures The Debentures shall carry an implicit yield at the rate as mentioned in the Term Sheet.

  • Diluted EPS for 2003 and 2002 excludes approximately 145.5 million and 90.8 million potential common shares, respectively, related to our stock option plans, restricted stock plan and Zero Coupon Debentures because the assumed issuance of such potential common shares is antidilutive in periods in which there is a loss from continuing operations.

  • The Company will not pay interest prior to maturity unless it elects to convert the Zero Coupon Debentures to interest-bearing debentures upon the occurrence of certain tax events.

  • Term Notes Zero Coupon Debentures and Medium-Term Notes shall not bear interest.

  • In terms of the scheme of arrangement approved by the honorable High Court of Karnataka, dividend on the said preference shares with effect from October 1St, 2001 are payable cumulatively out of the profits of the company and the said dividend for the period from October 1st, 2001 to September 30th, 2003 are to be funded and converted to Zero Coupon Debentures (ZCDs).

  • Diluted EPS for 2001 excludes approximately 25.9 million potential common shares related to our Zero Coupon Debentures, our stock option plans and our Put Options.

  • Holders have the right to require the Company to repurchase the Zero Coupon Debentures on the fifth, tenth and fifteenth anniversaries of issuance at the accreted value through the date of repurchase.

  • The Zero Coupon Debentures are senior unsecured obligations of the Company.

  • For a team who is currently playing a league, the deadline to register for the next league will be the 5th week of the league.

  • The Company has the right to redeem the Zero Coupon Debentures, in whole or in part, after June 6, 2005, for a price equal to the issuance price plus accrued original issue discount through the date of redemption.


More Definitions of Zero Coupon Debentures

Zero Coupon Debentures means the Parent Guarantor's Zero Coupon Convertible Subordinated Debentures due 2018 issued by the Parent Guarantor pursuant to the terms of the Zero Coupon Indenture upon the terms and conditions set forth therein, the gross cash proceeds of which are $230,000,000.
Zero Coupon Debentures means the Zero Coupon Convertible Debentures due June 30, 2020 of the Company, issued and Outstanding from time to time under this Indenture. SECTION 103 Notices. Section 105 of the Indenture is hereby amended, subject to Section 201 of this Fourth Supplemental Indenture, by (a) deleting the period following existing subsection (ii) thereof and inserting in its place ", or", and (b) adding the following subsection (3) after said existing subsection (2):
Zero Coupon Debentures means the outstanding Zero-Coupon Convertible Debentures due 2021 issued by the Borrower pursuant to the Zero-Coupon Indenture.

Related to Zero Coupon Debentures

  • Zero Coupon Note means a Note specified as such in the relevant Final Terms.

  • Zero Coupon Bond Any debt security that by its terms (a) does not bear interest for all or part of the remaining period that it is outstanding, (b) provides for periodic payments of interest in Cash less frequently than semi-annually or (c) pays interest only at its stated maturity.

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • Subordinated Debentures means the debentures exchangeable by the Company for the Preferred Stock in accordance with the Certificate of Designations therefor.

  • Series A Debentures means the 8.675% Series A Junior Subordinated Deferrable Interest Debentures due February 1, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • Initial Debentures means the Debentures designated as “9.5% Unsecured Convertible Debentures” and described in Section 2.5;

  • Exchange Debentures has the meaning set forth in Section 2(a) hereof.

  • Convertible Subordinated Notes means the Company's 7% Convertible Subordinated Notes issued pursuant to an indenture dated as of June 12, 1996, between the Company and The Chase Manhattan Bank (formerly known as Chemical Bank), as trustee.

  • Series B Debentures means the $200 million aggregate principal amount of 4.903% Series B senior unsecured debentures of the Trust due July 5, 2023.

  • Subordinated Notes means the Initial Notes and the Exchange Notes and, more particularly, any Subordinated Note authenticated and delivered under this Indenture, including those Subordinated Notes issued or authenticated upon transfer, replacement or exchange.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • 2015 Notes means the 8.375% senior notes due 2015 in the principal amounts of $615 million and €500 million issued pursuant to the 2015 Notes Indenture.

  • Convertible Notes has the meaning set forth in the Recitals.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • 2013 Notes means the aggregate principal amount of US$345,000,000 of 5.00% Convertible Senior Notes Due 2013 issued pursuant to the 2013 Note Indenture.

  • Other Debentures means all junior subordinated debentures issued by the Guarantor from time to time and sold to trusts to be established by the Guarantor (if any), in each case similar to the Issuer.

  • Series D Notes is defined in Section 1.

  • 2022 Notes means the 4.875% Senior Notes due 2022, originally issued by Rowan Companies, Inc., a Delaware corporation.

  • 2028 Notes means those 6.500% Senior Notes due 2028 issued by the Borrower in an aggregate principal amount of $400,000,000 pursuant to the 2028 Notes Documents.

  • Series C Notes is defined in Section 1.

  • Senior Unsecured Notes means, collectively, the: (a) 6.50% Senior Notes due 2016, issued in the original principal amount of $214,800,000 pursuant to the 6.50% Senior Unsecured Notes Indenture; and (b) 5.75% Senior Notes due 2017, issued in the original principal amount of $750,000,000 pursuant to the 5.75% Senior Unsecured Notes Indenture.

  • 2012 Notes means the 5.125% Senior Secured Notes due 2022 issued by the Issuer on July 2, 2012.

  • 2018 Notes means the Company’s 7.75% Senior Subordinated Notes due 2018 issued under the Indenture dated December 14, 2010 among the Company, Holdings and the subsidiary guarantors from time to time party thereto and The Bank of New York Mellon Trust Company, N.A., as Trustee.

  • zero-coupon obligation means a debt security that does not expressly provide for the accrual of interest, and includes the former component parts of a debt security that did expressly provide for the accrual of interest if that component part does not itself expressly provide for the accrual of interest.

  • 2021 Notes means the 4.700% Senior Notes due 2021, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.