Examples of Subsequent Bonds in a sentence
All of the Second Bonds will be redeemed by way of exchanging Second Bonds for Bonds under the Subsequent Bond Issue in the same nominal amount that equals an integer multiple of SEK 1,000,000, provided that only the principal (and not accrued but unpaid interest) of Second Bonds shall be redeemed with Subsequent Bonds.
Any proceeds from any issuance of Subsequent Bonds shall be applied towards general corporate purposes of the Group, including acquisitions.
Subsequent Bonds The Issuer may at one or more occasions after the First Issue Date issue Subsequent Bonds under the Terms and Conditions (each such issue, a "Subsequent Bond Issue"), until the total aggregate amount under such Subsequent Bond Issue(s) and the Initial Bond Issue equals EUR 100,000,000, always provided that the Incurrence Test (calculated pro forma including such issue) is met.
Any Subsequent Bonds will carry Interest at the Applicable Interest Rate from (and including) the Interest Payment Date falling immediately prior to its Issue Date up to (but excluding) the relevant Redemption Date.
The price of Subsequent Bonds may be set at par, at a discount or at a higher price than the Nominal Amount.