Examples of Initial Reset Date in a sentence
Interest on the Securities will be payable at an initial rate of 6.125% per annum up until the Initial Reset Date of the Securities and thereafter, for each Interest Payment Date occurring during any Interest Period, the interest rate payable on the Securities will equal the Reference Rate applicable to the Interest Period plus the Margin.
The Securities may be redeemed at the Issuer's option (i) at any time upon payment of the Make-whole Redemption Amount or (ii) at any time during the Relevant Period, or on any Interest Payment Date falling after the Initial Reset Date, at the relevant Early Redemption Amount or (iii) upon the occurrence of certain other events.
Multiple Site Managers might be designated if multiple emergency sites exist.Mission StatementTay Township is committed to delivering responsible and cost-effective Municipal services and infrastructure that provides for the long-term economic, social and environmental well-being of our residents and community.
The Securities may be redeemed at the Issuer's option (i) at any time during the Relevant Period by providing notice to the Holders specifying the date in the Relevant Period on which redemption shall occur or (ii) on any Interest Payment Date falling after the Initial Reset Date or (iii) upon the occurrence of certain other events.
The right of the Issuer to exchange rather than redeem Convertible Bonds on the Initial Reset Date is subject to the right of any Noteholder to elect not to receive Stapled Securities pursuant to Note Condition 7(a)(iii) ( No Securities Election).