High Yield Bonds Clause Samples
The High Yield Bonds clause defines the terms and conditions under which high-yield, or non-investment grade, bonds are addressed within an agreement. Typically, this clause outlines the criteria for what constitutes a high-yield bond, such as specific credit ratings or risk profiles, and may set limitations or requirements for holding, issuing, or investing in such securities. By clearly delineating how high-yield bonds are treated, the clause helps manage the risk exposure associated with these higher-risk financial instruments and ensures all parties understand the implications for compliance and portfolio management.
High Yield Bonds. Mortgage-Backed Factors (per Issue per Month) 1.00 n/a n/a U.S. Equities .15 .15 n/a U.S. Options .15 .15 n/a Domestic Dividends & Capital Changes (per Issue per Month) (d) 3.50 n/a Foreign Securities .50 .50 n/a Foreign Securities Dividends & Capital Changes (per Issue per Month) 2.00 4.00 n/a Set-up Fees n/a n/a (e) .25
High Yield Bonds. All modifications of, or waivers or consents under or in connection with, ERS' Senior Discount Notes due 2004 (the "ERS Notes") and the ERS Indenture necessary in order to consummate the transactions contemplated hereby, and after the Effective Time to permit Telepanel to perform its obligations under the Adjusted Telepanel Options, the Adjusted Telepanel Warrants and the Adjusted Telepanel Convertible Securities and (unless waived by ERS) after the Effective Time to permit prepayment of any liabilities of Telepanel or the Telepanel Subsidiaries existing at the Effective Time, in each case under this Section 5.11 as if Telepanel and each of the Telepanel Subsidiaries were a "Restricted Subsidiary" under the ERS Indenture and as if Telepanel Europe S.A. ("Telepanel Europe") were also a "
High Yield Bonds. 61 ARTICLE 6 CONDITIONS PRECEDENT TO OBLIGATIONS OF TELEPANEL . . . . . . . . . . . . . . . . . . . 61
High Yield Bonds. Any issuance by TAL after the Restatement Effective Date of notes or other debt securities (other than the Exchange Notes (as defined in the Subordinated Credit Agreement)) in a private placement or public offering (including a Rule 144A offering or similar transaction) the proceeds of which are used by TAL to refinance, in whole or in part, the Subordinated Debt outstanding on the Restatement Effective Date.
High Yield Bonds. Any issuance by Container Holdings after the Closing Date of notes or other debt securities in a private placement or public offering (including a Rule 144A offering or similar transaction) the proceeds of which are used by Container Holdings to refinance, in whole or in part, the Seller Loan. IO Disbursement Account. An account designated as such and established by the Borrowers pursuant to the terms of this Loan Agreement. IO Distributable Amount. For any Payment Date, one or more of the following amounts, as adjusted in accordance with Section 3.1(c) hereof:
High Yield Bonds. Any issuance by TAL Group after the Restatement Effective Date of notes or other debt securities in a private placement or public offering (including a Rule 144A offering or similar transaction) the proceeds of which are used by TAL Group to refinance, in whole or in part, the Seller Loan.
High Yield Bonds. High Yield Bonds are debt instruments that carry a lower credit rating than traditional investment grade bonds. While lower credit rated securities may offer higher interest rates, they also carry additional risks including potential illiquidity and increased price volatility.
High Yield Bonds