First Issue definition

First Issue means the issuance by the Issuer of a Series of Covered Bonds for the first time pursuant to the Programme; First Issue Date means the date on which the Issuer issues a Series of Covered Bonds for the first time pursuant to the Programme; Fiscal Period means a period beginning on the 1st January in each year and ending on and including the next following Annual Accounting Date; Fitch means Fitch Ratings Ltd. or its successors; Fixed LLP Payment Period means the period from (and including) an LLP Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) LLP Payment Date; Fixed Rate Covered Bonds means Covered Bonds paying a fixed rate of interest on such date or dates as may be agreed between the Issuer and the relevant Dealer(s) and on redemption calculated on the basis of such Day Count Fraction as may be agreed between the Issuer and the relevant Dealer(s);

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First Issue refers to the type of issue of the referenced document to be submitted to the Owner as the first formal submittal.

First Issue means the $500,000,000 aggregate principal amount of Notes sold pursuant to that certain Purchase Agreement, dated September 28, 2021, by and among the Company, the Guarantors party thereto and J.▇. ▇▇▇▇▇▇ Securities LLC as representative of the several Initial Purchasers listed in Schedule 1 thereto.

Examples of First Issue in a sentence

• The Issuer shall procure that no substantial change is made to the general nature of the business carried on by the Group as of the First Issue Date if such substantial change would have a Material Adverse Effect.

• Any Subsequent Bond will carry Interest at the Interest Rate from (but excluding) the Interest Payment Date falling immediately prior to its issuance (or the First Issue Date if there is no such Interest Payment Date) up to (and including) the relevant Redemption Date.

• The Guarantor shall deliver to the Account Bank prior to the First Issue Date, the duly executed relevant Mandates in or substantially in the forms set out in Schedule 1 hereto relating to the Guarantor Accounts, and the Account Bank hereby confirms to the Bond Trustee that such Mandates have been provided to it, that the Guarantor Accounts are open and that the respective Mandates are operative.

• Issue Dates On the Completion Date, simultaneously to Completion (the “First Issue Date”, the Class B Preferred Shares issued on the First Issue Date being referred to as the “Completion Class B Preferred Shares”); and on the date of payment of the Post-Completion Price Adjustment, if any (the “Second Issue Date”, the Class B Preferred Shares issued on the Second Issue Date being referred to as the “Post-Completion Class B Preferred Shares”).

• The Issuer and US HoldCo shall procure that no substantial change is made to the general nature of the business carried on by the Group as of the First Issue Date if such substantial change would have a Material Adverse Effect.

• Initial Notes shall be issued on the First Issue Date upon the Company’s compliance with Section 3.04.

• The repayment price per Bond shall equal the repaid percentage of the Nominal Amount (rounded down to the nearest EUR 1.00) plus up to, but excluding, the date falling 30 months after the First Issue Date a premium on the repaid amount equal to the Call Option Amount set out in Clause 9.3(a)(ii) and thereafter, as applicable considering when the repayment occurs, a premium on the repaid amount equal to the Call Option Amount for the relevant period together with accrued but unpaid Interest.

• The Guarantor LP has delivered to the Account Bank prior to the First Issue Date, the duly executed relevant Mandates in or substantially in the forms set out in Schedule 1 hereto relating to the Guarantor LP Accounts, and the Account Bank hereby confirms to the Bond Trustee that such Mandates have been provided to it, that the Guarantor LP Accounts are open and that the respective Mandates are operative.

• Notwithstanding the proviso in the foregoing sentence, (i) interest on the first Interest Payment Date after the First Issue Date will be payable only in cash, and (ii) if the Initial Holders elect to exercise the option under the Purchase Agreement to purchase any Option Notes on or after the first Interest Payment Date after the First Issue Date, interest on the second Payment Date after the First Issue Date will be payable only in cash.

• The Investor Report prepared in respect of the First Issue Date may be prepared on a pro forma basis (assuming an offering size).

More Definitions of First Issue

First Issue. Can an Expired TRPA be Renewed

First Issue means the issuance by the Issuer of a Series of Covered Bonds for the first time pursuant to the Programme; First Issue Date means the date on which the Issuer issues a Series of Covered Bonds for the first time pursuant to the Programme;

First Issue means the issuance by the Issuer of a Series of Covered Bonds for the first time pursuant to the Programme; First Issue Date means the date on which the Issuer issues a Series of Covered Bonds for the first time pursuant to the Programme; Fiscal Period means a period beginning on the 1st January in each year and ending on and including the next following Annual Accounting Date; Fixed LLP Payment Period means the period from (and including) an LLP Payment Date (or the Interest Commencement Date) to (but excluding) the next (or first) LLP Payment Date; Fixed Rate Covered Bonds means Covered Bonds paying a fixed rate of interest on such date or dates as may be agreed between the Issuer and the relevant Dealer(s) and on redemption calculated on the basis of such Day Count Fraction as may be agreed between the Issuer and the relevant Dealer(s);