Deposit Price definition

Deposit Price means, with respect to any Bond, the federal income tax basis of such Bond determined in accordance with the Code at the time of transfer and deposit as set forth in the Series Certificate Agreement with respect to Bonds transferred and deposited on the Date of Original Issue or on any Substitution Date.

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Deposit Price means, with respect to any Maturity of Bonds on the Deposit Date or Additional Deposit Date, as applicable, the fair market value of the Bonds as of the Deposit Date or the Additional Deposit Date, as applicable, as determined by the Trustor without regard to any fees or expenses relating to the establishment of the Trust or the additional transfer of the Bonds. The Deposit Price shall be set forth as a percentage of par for such Maturity of Bonds and designated “Deposit Price” in the Series Trust Agreement or Additional Deposit Notice, as applicable.

Deposit Price. ' means, with respect to any Bond, the Federal income tax basis of such Bond determined in accordance with the Code at the time of transfer and deposit as set forth in the Series CertiÑcate Agreement with respect to Bonds transferred and deposited on the Date of Original Issue or any Substitution Date.

Examples of Deposit Price in a sentence

Notwithstanding anything to the contrary contained in the Asset Purchase Agreement or SCHEDULE 1.1(p) thereof, in consideration of Buyer's agreement to pay $54,575 (the "Deposit Price") to Sellers at Closing (in addition to the Acquired Asset Purchase Price), all of the deposits referred to on SCHEDULE 1.1(p) to the Asset Purchase Agreement shall be deemed to be Acquired Assets (without any portion thereof attributable to Excluded Assets) upon payment of the Deposit Price to Sellers at Closing.
On each Business Day during the ADS Subscription Period, the Agent shall deposit in an account designated by the Agent the aggregate amount of the ADS Subscription Deposit Price received by the Agent on such day in respect of payments made upon exercise of ADS Rights.
Not later than 8:00 a.m. (India time) on the India Business Day following the Expiration Date, the Agent will advise the Company, in accordance with written instructions to be sent by the Company and received by the Agent, as to (i) the total number of New ADSs subscribed for pursuant to the exercise of ADS Rights, and (ii) the aggregate amount of the ADS Subscription Deposit Price received by the Agent in respect of such subscriptions in U.S. dollars.
Holders of ADS Rights must deliver to the Agent the ADS Subscription Deposit Price for all New ADSs applied for pursuant to the exercise of the ADS Rights.
To the extent that the shortfall of the Total ADS Subscription Deposit Price below the U.S. dollar equivalent of the Total Share Subscription Price plus issuance fees and currency conversion fees exceeds 20 percent of the Total Share Subscription Price plus issuance fees and currency conversion fees, the Agent may reduce pro-rata the amount of New Ordinary Shares for which it subscribes, which will reduce the number of New ADSs that will be available for delivery to subscribing ADS Rights holders.
The Agent shall, at or prior to 5:00 p.m. (New York City time) on the Business Day immediately following the Expiration Date, transfer, by electronic transfer of funds to the India Account, an amount in U.S. dollars equal to the aggregate ADS Subscription Deposit Price received from exercising holders of ADS Rights in respect of all new ADSs validly subscribed for during the ADS Subscription Period (the “Total ADS Subscription Deposit Price”).
The Company hereby authorizes and directs the Agent to accept subscriptions for New ADSs on behalf of the Company upon the proper completion and execution of an ADS Rights Certificate, surrender of the applicable ADS Rights Certificate and delivery of the ADS Subscription Deposit Price for the New ADSs, in accordance with the terms thereof and hereof.
On each Business Day during the ADS Subscription Period, the Agent shall deposit in the NY Account the aggregate amount of the ADS Subscription Deposit Price received by the Agent on such day in respect of payments made upon exercise of ADS Rights.
If the Total ADS Subscription Deposit Price is less than the U.S. dollar equivalent of the Total Share Subscription Price based on the Initial Conversion Exchange Rate, the Company shall notify the Agent, through the Custodian, at or prior to 9:00 a.m. (New York City time) on the Business Day immediately preceding the Share Subscription Period, of the additional Korean Won amount necessary to pay the Total Share Subscription Price in full (the “KRW Deficiency Amount”).
If the ADS Rights exercised by means of the Guaranteed Delivery Procedures are not delivered to the Agent within the time period specified in the Prospectus, the Agent will cause the New ADSs issued upon the exercise to be sold and will refund the aggregate amount of the ADS Subscription Deposit Price paid by the ADS Rights holder for the New ADSs, without interest, after deducting any loss and expenses incurred.

More Definitions of Deposit Price

Deposit Price. ' means, with respect to any Asset, the Federal income tax basis of such Asset determined in accordance with the Code at the time of transfer and deposit as set forth in the Series CertiÑcate Agreement with respect to Assets transferred and deposited on the Date of Original Issue or on any Substitution Date.

Deposit Price means, with respect to the Bonds of each Series as of the Deposit Date, the price for the Bonds, expressed as a percentage of par, net of accrued and unpaid interest, designated as such in Schedule A to the Series Trust Agreement.

Deposit Price means, in respect of any Discounted Certificate, the price payable for such Discounted Certificate by each relevant Dealer determined in accordance with the following formula: Deposit Price = _ Where: FA = the face amount of such Discounted Certificate; Y = the Discounted Bid Rate payable by the relevant Dealer for such Discounted Certificate; and D = the number of days in the tenor of such Discounted Certificate; and Z = 365 for Certificates denominated in HK$, 365 or 366 for Certificate denominated in € and 360 for Certificates denominated in US$, unless agreed otherwise by the Issuer and the relevant Dealer(s), and, in respect of any Interest Bearing Certificate, the price payable for such Certificate by each Dealer calculated by reference to the Subscription Price;