Zero Coupon Loan definition
Examples of Zero Coupon Loan in a sentence
If the Loan is specified as a Zero Coupon Loan it bears no interest.
In the case of a Zero Coupon Loan, references to interest (other than in relation to interest due after the Maturity Date) in these Terms and Conditions are not applicable.
For the avoidance of doubt, neither a Non-Cash Paying PIK Loan nor Zero Coupon Loan shall be deemed to be a PIK Loan under this Indenture.
The market value of the Motorola shares is reflected at the amount recorded in the accounts for the Zero Coupon Loan as the Company has entered into an equity forward sale contract on an equivalent number of Motorola shares for amounts to coincide with the maturity of the loan.
The At Home and Liberate shares have been pledged as collateral for outstanding SHELS and the Motorola shares for the outstanding Zero Coupon Loan (see note 9).
As a result, the Company’s Canadian Originated Preferred Securities (“COPrS”) and the Zero Coupon Loan have been classified as debt instead of equity and the entitlements thereon are treated as interest expense instead of dividends.
Petitioner/Joint Petitioner A ► must sign and print their Petitioner/Joint Petitioner A name.
Session co-chair Mike Johnson, Physical Scientist NWS/OST/PPD/MOBI, then presented a proving ground perspective.
Informed consent means that participants are fully aware of the nature of the research, and still choose to participate (Langdridge & Hagger-Johnson, 2013).
INVESTMENTS AND OTHER ASSETS 20022001 The Liberate and Terayon shares have been pledged as collateral for outstanding SHELS and the Motorola shares for the outstanding Zero Coupon Loan (see note 11).