Kayne Notes definition
Examples of Kayne Notes in a sentence
The Auction Agent may rely upon, as conclusive evidence of the identities of the Existing Holders, such list, the results of each Auction and notices from any Existing Holder or the Agent Member of any Existing Holder with respect to such Existing Holder’s transfer of any Kayne Notes to another Person.
The Kayne Notes Series A shall constitute a separate series of Notes of the Issuer.
If other Underwriters are obligated or agree to purchase the Kayne Notes of a defaulting or withdrawing Underwriter, either the non-defaulting Underwriters or the Company may postpone the Delivery Date for up to seven full business days in order to effect any changes that in the opinion of counsel for the Company or counsel for the Underwriters may be necessary in the Registration Statement, the Prospectus or in any other document or arrangement.
Any request for removal of a legend indicating a restriction on transfer from a certificate evidencing Kayne Notes shall be accompanied by an opinion of counsel stating that such legend may be removed and such Kayne Notes may be transferred free of the restriction described in such legend, said opinion to be delivered under cover of a letter from a Company Officer authorizing the Paying Agent to remove the legend on the basis of said opinion.
After receipt of the Federal Funds or similar same-day funds and instructions from the Company described in Section 3.3 above, the Paying Agent shall pay to the Holders (or former Holders) entitled thereto (i) on each corresponding Interest Payment Date, interest on the Kayne Notes, and (ii) on any date fixed for redemption, the redemption price of any Kayne Notes called for redemption.
On the Delivery Date, the Company shall deliver or cause to be delivered the Kayne Notes to the Underwriters through the facilities of the Depository Trust Company against payment to or upon the order of the Company of the purchase price by wire transfer in immediately available funds.
The Underwriters propose to offer the Kayne Notes for sale upon the terms and conditions set forth in the Prospectus.
Kayne Notes may be transferred only (a) pursuant to an order placed in an Auction, (b) to or through a Broker-Dealer or (c) to the Issuer or any Affiliate.
The initial Rate Period for Kayne Notes Series C shall be the period from and including the Original Issue Date thereof to but excluding ___, 2005.
The Kayne Notes Series B shall constitute a separate series of Notes of the Issuer.