Canada Yield Price definition
Canada Yield Price means a price equal to the price of the Notes (or the portion thereof to be redeemed) calculated to provide a yield to maturity equal to the sum of the Government of Canada Yield calculated at 10:00 a.m. (Toronto time) on the third Business Day preceding the redemption date plus the Applicable Spread;
Canada Yield Price means, in respect of any Securities being redeemed, the price, in respect of the principal amount of the Securities, calculated by the Company as of the third Business Day prior to the Redemption Date of such Securities, equal to the sum of the present values of the remaining scheduled payments of interest (not including any portion of the payments of interest accrued as of the date of redemption) and principal on the Securities to be redeemed from the Redemption Date to the Par Call Date using as a discount rate the sum of the Government of Canada Yield on such business day plus 27.5 basis points.
Canada Yield Price means a price equal to the price of a Debenture calculated to provide a yield to maturity, compounded semi-annually and calculated in accordance with generally accepted financial practice, equal to the Government of Canada Yield calculated at 10:00 a.m. (Montréal time) on the date on which the REIT gives notice of redemption pursuant to the terms of the Senior Debenture Trust Indenture, plus 0.725%.
Examples of Canada Yield Price in a sentence
The Redemption Price for any Series B Notes to be redeemed by the Partnership in whole or in part prior to the Par Call Date shall be an amount equal to the greater of (i) the Canada Yield Price and (ii) 100% of the aggregate principal amount of the Series B Notes to be redeemed, together in each case with accrued and unpaid interest, if any, to the date fixed for redemption (less any taxes required by law to be deducted or withheld).
More Definitions of Canada Yield Price
Canada Yield Price means, with respect to an MTN Debenture, a price equal to the price of the MTN Debenture, calculated on the business day preceding the day on which the redemption is authorized by Bell Canada, to provide a yield from the date fixed for redemption to the maturity date with respect to the principal of such MTN Debenture, equal to the "Government of Canada Yield", plus 0.05%, or such other percentage as may be set forth in a Pricing Supplement; and
Canada Yield Price means a price for the Series 4 Notes being redeemed, calculated at 10:00 a.m. (Montréal time) on the Business Day preceding the date on which the Issuer issues a notice of redemption pursuant to the Indenture and in accordance with generally accepted Canadian financial practice to provide a yield from the redemption date to March 13, 2028 equal to the Government of Canada Yield plus 27 bps.
Canada Yield Price means a price equal to the price of the Senior Notes calculated to provide a yield to maturity equal to the Government of Canada Yield plus 26.5 bps on the business day preceding the date of the announcement of the redemption.
Canada Yield Price means a price equal to the price for the Notes to be redeemed, calculated on the Business Day immediately preceding the date on which the Bank gives notice of the redemption of the Notes, to provide an annual yield thereon from the date fixed for redemption to, but excluding, July 25, 2024 equal to the GOC Redemption Yield (as defined below) plus 0.385%.
Canada Yield Price means a price equal to the price of the Notes (or the portion thereof to be redeemed) calculated to provide a yield thereon to the date that is one month prior to the Maturity Date of such Notes equal to the sum of the Government of Canada Yield calculated at 10:00 a.m. (Toronto time) on the third Business Day preceding the redemption date plus the Applicable Spread;
Canada Yield Price means an amount, calculated as at the date that is three Toronto Business Days prior to the Optional Redemption Date, equal to the net present value of all scheduled payments of interest (other than accrued and unpaid interest) and outstanding principal on the Notes to be redeemed from the Optional Redemption Date to the Par Call Period Commencement Date, using as a discount rate the Canada Yield, plus the Redemption Margin (if any);
Canada Yield Price means a price equal to the price of the Series H 4.05% Debentures, the Series I 3.985% Debentures, the Series L 3.749% Debentures, the Series M 3.73% Debentures, the Series N 3.556% Debentures, the Series O 2.987% Debentures, the Series P 3.444% Debentures, the Series Q 2.876% Debentures or the Series S 3.834% Debentures, as applicable, calculated to provide a yield to maturity, compounded semi-annually and calculated in accordance with generally accepted financial practice, equal to the Government of Canada Yield calculated at 10:00 a.m. (Toronto time) on the date on which SmartCentres gives notice of redemption of the applicable series of Debentures pursuant to the 2005 Trust Indenture, as supplemented by the applicable supplemental indentures governing each such series of Debentures plus: