Instalment Receipts definition

Instalment Receipts means instalment receipts evidencing beneficial ownership of Plan Units issued by the REIT to Eligible Persons pursuant to the Plan and in accordance with the terms of the Instalment Receipt Agreement;

Instalment Receipts means a security issued by or on behalf of an issuer or selling security holder that evidences partial payment for an underlying security and that requires one or more subsequent payments by instalment in order to entitle the holder of the instalment receipt to delivery of the underlying security;

Instalment Receipts means the instalment receipts representing beneficial ownership of the Convertible Debentures.

Examples of Instalment Receipts in a sentence

• The Instalment Receipts are non-recourse to the Participants and are secured by the Units as well as the distributions on the Units.

• On February 8, 2019, Hydro One redeemed the convertible debentures and paid the holders of the Instalment Receipts $513 million ($333 per $1,000 principal amount) plus accrued and unpaid interest of $7 million.

• The SELTIP Instalment Receipts are non-recourse to the SELTIP Participants and are secured by the Units as well as the distributions on the Units.

• On the thirtieth anniversary of the date of issuance of the SELTIP Units, the SELTIP Participants must pay the balance, if any, of the principal in respect of SELTIP Instalment Receipts.

• Priority actions could include reducing (i.e. rationalising) single-use items as a matter of priority and developing materials and designing products for recyclability and value retention after the use phase.

• You should carefully consider this additional volatility risk before making an investment in Instalment Receipts.

• If the value of the Underlying Securities goes down, this will decrease the value of your Instalment Receipts and may result in an Instalment Acceleration Event.

• Participants are required to pay interest at a ten-year fixed rate based on CAPREIT’s fixed borrowing rate for long-term mortgage financing for the first ten years following the issuance of the Instalment Receipts, and are required to pay interest at the five-year fixed rate based on CAPREIT’s fixed borrowing rate for long-term mortgage financing thereafter.

• Change in superannuation laws: There is a risk that superannuation laws (or the interpretation of those laws) could change which could lead to superannuation funds holding Instalment Receipts that may not be permitted or appropriate investments for the funds.Your investment is subject to additional risks.

• Accordingly, before investing in Instalment Receipts you should consider carefully the risks outlined in section 4 ‘Risks’, as these may affect your decision to invest.See section 4.4. See section 4.5. See section 4.6. See section 4.7. See sections 4.8and 9.5. See section 4.9. See section 4.10.

More Definitions of Instalment Receipts

Instalment Receipts means the outstanding instalment receipts representing Common Shares issued pursuant to the Instalment Receipt Agreement.

Instalment Receipts means the instalment receipts issued to Unitholders pursuant to and in accordance with that certain final prospectus respecting the initial public offering by the Trust;

Instalment Receipts. ’ means Units subscribed for by a participant pursuant to the Equity Incentive Plan;

Instalment Receipts. ’ means an instalment receipt evidencing beneficial ownership of Receipt Units sold pursuant to the Offering.