Examples of Prepaid Interest in a sentence
If a decision is made not to issue a Series of Units or to terminate Units in a Series that have already been issued, the Issuer will return the Prepaid Interest, and any applicable Fees that have been paid upfront to applicants without interest within 10 Business Days of the scheduled Commencement Date.Eligible investors and electronic PDSThis PDS and the Offer are available only to Australian resident investors receiving this PDS (including electronically) in Australia.
PrepaidsHomeowner’s Insurance Premium ( mont Mortgage Insurance Premium ( months) Prepaid Interest ($ per day for days @ ) Property Taxes ( months) G.
Investors will receive an annual interest statement setting out the amount of Prepaid Interest paid on the Loan for tax purposes.
The A Debentures bear interest at a simple rate of 15% per annum, the initial two (2) years of interest prepaid (the “A Prepaid Interest”) on the date of issuance of the A Debentures (the “A Issue Date”) by the issuance of common shares (the “A Prepaid Interest Shares”) at a price of $0.10 per A Prepaid Interest Share.
If a decisionis made not to issue a Series of Units or to terminate Units in a Series that have already been issued, the Issuer will return the Prepaid Interest, and any applicable Fees that have been paid upfront to applicants without interest within 10 Business Days of the scheduled Commencement Date.Eligible investors and electronic PDSThis PDS and the Offer are available only to Australian resident investors receiving this PDS (including electronically) in Australia.
Where the Lender does not accept the Application in full, the Prepaid Interest paid for the unissued Units will be returned without interest within 10 Business Days of the Commencement Date and the Loan will only be drawn down in respect of the Units actually issued.
On December 19, 2019, the Company issued 1,000,000 common shares at a fair value of $65,000 using the closing trade price on the same date, to settle the B Prepaid Interest associated with the B Convertible Debenture Units.
On December 27, 2019, the Company issued 500,000 common shares at a fair value of $35,000 using the closing trade price on the same date, to settle the B Prepaid Interest associated with the B Convertible Debenture Units.
On November 14, 2019, the Company issued 750,000 common shares at a fair value of $56,250 using the closing trade price on the same date, to settle the B Prepaid Interest associated with the B Convertible Debenture Units.
On December 5, 2019, the Company issued 1,092,000 common shares at a fair value of $65,550 using the closing trade price on the same date, to settle the B Prepaid Interest associated with the B Convertible Debenture Units.