Tap Issue definition

Tap Issue means subsequent issues after Issue Date up to the maximum amount described in Clause 2.2.1.
Tap Issue means the issue of one or several Additional Bonds up to the Maximum Issue Amount.
Tap Issue means subsequent issues after the Issue Date up to the maximum amount described in Clause 2.2."

Examples of Tap Issue in a sentence

  • In these Bond Terms, capitalised terms set out in Clause 1 (Main terms of the Bonds) shall have the meaning set out therein, and additionally the following capitalised terms shall have the meaning set out below: Additional Bonds: Means any debt instruments issued under a Tap Issue, including any Temporary Bonds as defined in Clause 4.1.2 (e).

  • The incurrence test (the "Incurrence Test") is met if the amount proposed to be raised in a Tap Issue is: used to fund a project in Japan; and less or equal to fifty per cent (50%) of Project NPV.

  • FINANCIAL AND LEGAL ADVISORS Carnegie Investment Bank AB (publ) is acting as financial advisor to Xxxxxxx in relation to the Transaction, and Sole Bookrunner in Tap Issue under the outstanding bond loan and the issuance of the Consideration Shares and the Directed Share Issue.

  • The Bond Issue is a Tap Issue, under which subsequent issues may take place after Issue Date up to the maximum amount described in paragraph (a) above, running from the Issue Date and to be closed no later than five Business Days prior to the Maturity Date, provided that the conditions for a Tap Issue in clause 6.6 are fulfilled.

  • Any taps under the Tap Issue will be made at market prices, and will fall under the regulations set out in “emisjonsforskriften av 20.


More Definitions of Tap Issue

Tap Issue shall have the meaning ascribed to such term in Clause 2.2 (The Bonds).
Tap Issue means the issue of the bonds by the Issuer by increasing the amount outstanding under the Existing Bonds from USD 175,000,000 to USD 350,000,000.
Tap Issue means subsequent issues of Bonds after the Issue Date, up to the Maximum Issue Amount.
Tap Issue means subsequent issues after Issue Date up to the total aggregate amount described in Clause 2.2.1. L_10419060_V1 29.11.18 536062-0257/31
Tap Issue means the issuing of up to SEK 1,000,000,000 in aggregate principal amount of Subsequent Notes.
Tap Issue means subsequent issues after Issue Date up to the maximum amount described in Clause 2.2.1. “Total Assets” means, on any date, (on a consolidated basis for the Group) the aggregate book value of those assets which according to GAAP should be included as assets in the balance sheet. “Total Liabilities” means, on any date, (on a consolidated basis for the Group) the aggregate book value of those liabilities which according to GAAP should be included as liabilities in the balance sheet. “US Securities Act” means the U.S. Securities Act of 1933, as amended. “Voting Bonds” means the Outstanding Bonds less the Issuer’s Bonds. “Working Capital” means: (A) (on a consolidated basis for the Group) the aggregate book value of those assets which according to GAAP should be included as current assets in the balance sheet; less (B) (on a consolidated basis for the Group) the aggregate book value of those liabilities which according to GAAP should be included as current liabilities in the balance sheet; plus (C) (on a consolidated basis for the Group) the aggregate book value of the scheduled installments (including any balloons) on long term debt which according to GAAP should be included as current liabilities in the balance sheet. For the avoidance of doubt, this implies that Working Capital shall be: (A) less (B) plus (C) “Written Resolution” means a written (or electronic) solution for a decision making among the Bondholders, as set out in Clause 16.5 (Written Resolutions). 1.2
Tap Issue means the issue of new Bonds in the amount of USD 175,000,000 on the Tap Issue Date as an increase and amendment of the Original Bond Issue, suchnew Bonds being issued at a price of 103.50% of par value giving gross proceeds of USD 181,125,000.