Sinking Fund Provisions Sample Clauses

Sinking Fund Provisions. No sinking fund provisions.
AutoNDA by SimpleDocs
Sinking Fund Provisions. [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire $ principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest] [, together with [cumulative] [non-cumulative] redemptions at the option of the Company to retire an additional $ principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest.] [If Designated Securities are Extendable Debt Securities, insert— Extendable Provisions: The Designated Securities are repayable on , at the option of the holder, at their principal amount with accrued interest. The initial annual interest rate will be %, and thereafter the annual interest rate will be adjusted on , , and to a rate not less than % of the effective annual interest rate on obligations with year maturities as of the [interest date 15 days prior to maturity date] prior to such [insert maturity date].] [If Designated Securities are Floating Rate Debt Securities, insert— The initial annual interest rate will be % through [and thereafter will be adjusted [monthly] [on each , , and ] [to an annual rate of % above the average rate for -year [-month] [securities] [certificates of deposit] by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills plus % of the Interest Differential (the excess, if any, of (i) the then-current weekly average per annum secondary market yield for -month certificates of deposit over (ii) the then- current interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills); [from and thereafter the rate will be the then-current interest yield equivalent plus % of the Interest Differential].] [time and date], 20 The offices of Shearman & Sterling LLP, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx 00000. [Immediately available funds] [[New York] Clearing House funds] [None] [Underwriters’ commission shall be % of the principal amount of Designated Securities for which Delayed Delivery Contracts have been entered into. Such commission shall be payable to the order of .] [Minimum aggregate principal amount of Designated Securities to be offered and sold pursuant to Delayed Delivery Contracts: $ .] [Minimum aggregate principal amount of Designated Securities to be offered and...
Sinking Fund Provisions. [No sinking fund provisions.] [The Designated Securities are entitled to the benefit of a sinking fund to retire [$] principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest] [, together with [cumulative] [noncumulative] redemptions at the option of the Company to retire an additional [$] principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest].
Sinking Fund Provisions. None The defeasance and covenant defeasance provisions of the Indenture apply to the Designated Securities
Sinking Fund Provisions. The Notes shall not be entitled to the benefits of, or be subject to, any sinking fund.
Sinking Fund Provisions. None. Defeasance Provisions: As described in the Basic Prospectus dated February 26, 2018. Applicable Time:
Sinking Fund Provisions. The Notes will not have any sinking fund provisions.
AutoNDA by SimpleDocs
Sinking Fund Provisions. None The Company may, at its option, redeem the Purchased Bonds in whole or in part at any time at a redemption price equal to the greater of: • 100% of the principal amount of the Purchased Bonds to be redeemed, plus accrued interest on such Bonds to the redemption date, or • as determined by the Quotation Agent, the sum of the present values of the remaining scheduled payments of principal and interest on the Purchased Bonds to be redeemed (not including any portion of payments of interest accrued as of the redemption date) discounted to the redemption date on a semi-annual basis at the Adjusted Treasury Rate plus 35 basis points, plus accrued interest on those Purchased Bonds to the redemption date. The redemption price will be calculated assuming a 360-day year consisting of twelve 30-day months.
Sinking Fund Provisions. No sinking fund provisions As described in the Indenture Shearman & Sterling LLP, 000 Xxxxxxxxx Xxxxxx, Xxx Xxxx, XX 00000 Designated Representative: X. X. Xxxxxx Securities LLC. Address for Notices, etc.: X.X. Xxxxxx Securities LLC 000 Xxxxxxx Xxxxxx Xxx Xxxx, XX 00000 Facsimile: (000) 000-0000 Attention: Investment Grade Syndicate Desk Designated Representative: Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated Address for Notices, etc.: Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated 00 Xxxxxxxxxxx Xxxxx XX0-000-00-00 Xxx Xxxx, Xxx Xxxx 00000 Facsimile: (000) 000-0000 Attention: High Grade Transaction Management/Legal Designated Representative: SunTrust Xxxxxxxx Xxxxxxxx, Inc. Address for Notices, etc.: SunTrust Xxxxxxxx Xxxxxxxx, Inc. 0000 Xxxxxxxxx Xxxx XX, 00xx Xxxxx Xxxxxxx, XX 00000 Attn: Debt Capital Markets Designated Representative: Xxxxx Fargo Securities, LLC Address for Notices, etc.: 000 Xxxxx Xxxxx Xxxxxx, 5th Floor Charlotte, NC 28202 Attention: Transaction Management Facsimile: 704-4100326 Issuer: Carlisle Companies Incorporated Principal Amount: 2024 Notes: $400,000,000 2027 Notes: $600,000,000 Maturity: 2024 Notes: December 1, 2024 2027 Notes: December 1, 2027 Coupon: 2024 Notes: 3.500% 2027 Notes: 3.750% Yield to Maturity: 2024 Notes: 3.517% 2027 Notes: 3.798% Trade Date: November 13, 2017 Settlement Date: November 16, 2017 (T+3) CUSIP/ISIN: 2024 Notes: 000000XX0 / US142339AG53 2027 Notes: 000000XX0 / US142339AH37 Price to Public: 2024 Notes: 99.893% of the principal amount of the Notes, plus accrued interest, if any, from November 16, 2017 2027 Notes: 99.601% of the principal amount of the Notes, plus accrued interest, if any, from November 16, 2017 Purchase Price by Underwriters: 2024 Notes: 99.268% of the principal amount of the Notes, plus accrued interest, if any, from November 16, 2017 2027 Notes: 98.951% of the principal amount of the Notes, plus accrued interest, if any, from November 16, 2017 Interest Payment Dates: Each June 1 and December 1, commencing June 1, 2018 Benchmark Treasury: 2024 Notes: 2.250% due October 31, 2024 2027 Notes: 2.250% due November 15, 2027 Treasury Price & Yield: 2024 Notes: 99-28+; 2.267% 2027 Notes: 98-22; 2.398% Spread to Benchmark Treasury: 2024 Notes: 125 bps 2027 Notes: 140 bps Optional Redemption: Prior to October 1, 2024, in the case of the 2024 Notes, and September 1, 2027, in the case of the 2027 Notes, (two months and three months prior to maturity of the 2024 Notes and the 2027 Notes, ...
Sinking Fund Provisions. None Optional Redemption Provisions: At any time prior to September 12, 2022 the date that is one month prior to the maturity date of the Notes, in whole or in part at any time at General Xxxxx’ option at the redemption price equal to the make-whole amount described in the Prospectus, plus accrued and unpaid interest to the redemption date. On or after September 12, 2022 the date that is one month prior to the maturity date of the Notes at a redemption price of 100% of the principal amount plus accrued and unpaid interest to the redemption date.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!