Purchasing Notes as Principal definition

Purchasing Notes as Principal. [ v ] Yes [ ] No. If Yes, Agent(s) Principal Amount Mxxxxx Sxxxxxx & Co. Incorporated $175,000,000 Total: $175,000,000 Agent(s) Acting as Agent: [ ] Yes [ v ] No. If Yes, Agent(s) Principal Amount Total: ------------------------------------------------------------------------------------------------------------------- Additional/Other Terms: See below Interest Rate Calculation of the Interest Rate for the Notes. The interest rate for the Notes being offered by this Pricing Supplement, for each Interest Period during the term of the Notes beginning on the Initial Interest Reset Date, will be the rate determined as of the applicable Interest Determination Date pursuant to the following formula: CPIt - CPIt-12 + 0.85% CPIt-12 ------------------------------------------------------------------------------------------------------------------- Where: t = 1,2,3...,23; CPIt = Current Index Level of CPI (as defined below), as published on Bloomberg CPURNSA; and CPIt-12 = Index Level of CPI 12 months prior to the CPI referenced by CPIt. We refer to 0.85% included in the formula above as the Spread Multiplier. The interest rate for the Notes from the Original Issue Date to, but excluding, the Initial Interest Reset Date will be 4.00%. In no case, however, will the interest rate for the Notes be less than the Minimum Interest Rate of 0.00%.
Sample 1
Purchasing Notes as Principal. [ x ] Yes [ ] No. If Yes, Agent(s) Principal Amount Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated $138,000,000 Deutsche Bank Securities Inc. $54,000,000 X.X. Xxxxxx Securities Inc. $54,000,000 Credit Suisse First Boston LLC $15,000,000 Xxxxxx Brothers Inc. $15,000,000 Banc of America Securities LLC $6,000,000 Xxxxxxx, Sachs & Co. $6,000,000 Xxxxxx Xxxxxxx & Co. Incorporated $6,000,000 UBS Securities LLC $6,000,000 Total: $300,000,000 Agent(s) Acting as Agent: [ ] Yes [ x ] No. If Yes, Agent(s) Principal Amount Total: ------------------------------------------------------------------------------------------------------------------- Additional/Other Terms: Not applicable Special Tax Considerations: Interest payable on the Notes will be treated as "qualified stated interest" for United States Federal income tax purposes, as it meets the specified criteria referenced in the prospectus supplement under the heading "United States Federal Income Tax Considerations-U.S. Holders-Floating Rate Notes." ANNEX B DELAWARE TRUSTEE SERVICE FEE SCHEDULE As specified in a separate fee agreement. ANNEX C ADMINISTRATOR SERVICE FEE SCHEDULE As specified in a separate fee agreement. ANNEX D
Sample 1
Purchasing Notes as Principal. [ v ] Yes [ ] No. If Yes, Agent(s) Principal Amount Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated $150,000,000 Deutsche Bank Securities Inc. $150,000,000 Total: $300,000,000 Agent(s) Acting as Agent: [ ] Yes [ v ] No. If Yes, Agent(s) Principal Amount Total: --------------------------------------------------------------------------------------------------------------------------------- Additional/Other Terms: Not applicable Special Tax Considerations: Interest payable on the Notes will be treated as "qualified stated interest" for United States Federal income tax purposes, as it meets the specified criteria referenced in the prospectus supplement under the heading "United States Federal Income Tax Considerations-U.S. Holders-Floating Rate Notes." ANNEX B DELAWARE TRUSTEE SERVICE FEE SCHEDULE As specified in a separate fee agreement. ANNEX C ADMINISTRATOR SERVICE FEE SCHEDULE As specified in a separate fee agreement. ANNEX D
Sample 1

Examples of Purchasing Notes as Principal in a sentence

  • Purchasing Agent Purchasing Notes as Principal: [ ] Yes [ ] No. If Yes, Purchasing Agent Principal Amount ---------------- ---------------- Total: ________________ Jurisdiction of Organization of the Trust: [Illinois] Additional/Other Terms, if any: __________ Special Tax Considerations, if any: __________ 2.


More Definitions of Purchasing Notes as Principal

Purchasing Notes as Principal. [X] Yes [ ] No. If Yes, Agent(s) Principal Amount Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated $83,333,334 Banc of America Securities LLC $83,333,333 Xxxxxx Xxxxxxx & Co. Incorporated $83,333,333 ------------ Total: $250,000,000 ============ Agent(s) Acting as Agent: [ ] Yes [X]No. If Yes, Agent(s) Principal Amount Total: Additional/Other Terms: Not applicable
Sample 1
Purchasing Notes as Principal. [ v ] Yes [ ] No. If Yes, Agent(s) Principal Amount Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated $250,000,000 Total: $250,000,000 Agent(s) Acting as Agent: [ ] Yes [ v ] No. If Yes, Agent(s) Principal Amount Total: ----------------------------------------------------------------------------------------------------------------------------------- Additional/Other Terms: Not applicable Special Tax Considerations: Interest payable on the Notes will be treated as "qualified stated interest" for United States Federal income tax purposes, as it meets the specified criteria referenced in the prospectus supplement under the heading "United States Federal Income Tax Considerations-U.S. Holders-Floating Rate Notes."
Sample 1
Purchasing Notes as Principal. [ v ] Yes [ ] No. If Yes, Agent(s) Principal Amount Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated $125,000,000 Deutsche Bank Securities Inc. $125,000,000 Total: $250,000,000 Agent(s) Acting as Agent: [ ] Yes [ v ] No. If Yes, Agent(s) Principal Amount Total: ----------------------------------------------------------------------------------------------------------------------------------- Additional/Other Terms: Xxxxxxx Lynch, Pierce, Xxxxxx & Xxxxx Incorporated and Deutsche Bank Securities Inc. have agreed to reimburse Allstate Life Insurance Company for certain costs and expenses relating to the offering, sale and issuance of the Notes.
Sample 1
Purchasing Notes as Principal. [X] Yes [ ] No. If Yes, Agent(s) Principal Amount Mxxxxxx Lynch, Pierce, Fxxxxx & Sxxxx Incorporated $200,000,000 J.X. Xxxxxx Securities Inc. $200,000,000 ------------ Total: $400,000,000 Agent(s) Acting as Agent: [ ] Yes [X] No. If Yes, Additional/Other Terms: None Special Tax Considerations: None THE FUNDING AGREEMENT(S) Funding Agreement Issuer: Allstate Life Insurance Company Funding Agreement No.: FA - 41100 Deposit Amount: $400,000,000 Issue Price: 100.00% Net Deposit Amount: $399,880,000 Effective Date: May 2, 2007 Specified Currency: U.S. Dollars Interest Payment Dates: The 2nd of each month, subject to the Funding Agreement Modified Following Business Day Convention. The final Interest Payment Date will be the maturity date. Initial Interest Payment Date: June 2, 2007, subject to the Funding Agreement Modified Following Business Day Convention.
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Related to Purchasing Notes as Principal

  • Existing Notes means, collectively, the Existing Senior Guaranteed Notes and the Existing Senior Notes.

  • Subordinated Note Amount has the meaning set forth in the Recitals.

  • Substitution Principal Amount With respect to any Mortgage Loan substituted in accordance with Section 2.02 or pursuant to Section 2.03, the excess of (x) the unpaid principal balance of the Mortgage Loan which is substituted for over (y) the unpaid principal balance of the Substitute Mortgage Loan, each balance being determined as of the date of substitution.

  • Subordinate Optimal Principal Amount For any Distribution Date and any Loan Group, the sum for each Mortgage Loan in such Loan Group of (i) the Subordinate Percentage of (a) the principal portion of each Scheduled Payment (without giving effect, prior to the Bankruptcy Coverage Termination Date, to any reductions thereof caused by any Debt Service Reductions or Deficient Valuations) due on each such Mortgage Loan on the related Due Date, (b) the principal portion of the Purchase Price of each such Mortgage Loan to the extent it was repurchased by the Transferor pursuant to this Agreement as of such Distribution Date, (c) the Substitution Adjustment Amount in connection with any Deleted Mortgage Loan related to such Loan Group received with respect to such Distribution Date, (d) any Liquidation Proceeds (including Insurance Proceeds) allocable to recoveries of principal of Mortgage Loans related to such Loan Group that are not yet Liquidated Loans, received during the calendar month preceding the month of such Distribution Date, (ii) with respect to each Mortgage Loan in such Loan Group that became a Liquidated Loan during the calendar month preceding the month of such Distribution Date, the portion of the amount of the Liquidation Proceeds allocable to principal received with respect to such Mortgage Loan that was not included in clause (ii) of the definition of "Senior Optimal Principal Amount" for such Distribution Date, (iii) the Subordinate Prepayment Percentage of the sum of (a) all Principal Prepayments in Full of Mortgage Loans in such Loan Group received during the related Prepayment Period and (b) all partial Principal Prepayments of Mortgage Loans in such Loan Group and applied during the related Prepayment Period and (iv) with respect to any Distribution Date prior to the Cross-Over Date only, the Subordinate Prepayment Percentage related to such Group of the Recoveries received during the related Prepayment Period; provided, however, that if a Bankruptcy Loss that is an Excess Loss is sustained with respect to a Mortgage Loan in such Loan Group that is not a Liquidated Loan, the Subordinate Optimal Principal Amount will be reduced on the related Distribution Date by the Subordinate Percentage of the principal portion of such Bankruptcy Loss.

  • Subordinated Optimal Principal Amount With respect to each Mortgage Pool and each Distribution Date, an amount equal to the sum of the following (but in no event greater than the aggregate Class Certificate Balances of the Subordinated Certificates immediately prior to such Distribution Date):

  • 2014 Notes means (i) the 4.850% Senior Secured Notes due 2024 issued by the Issuer on March 18, 2014 and (ii) the 4.45% Senior Secured Notes due 2025 and the 5.45% Senior Secured Notes due 2034 issued by the Issuer on August 21, 2014.

  • B Notes means each of Note B-1 and Note B-2.

  • Senior Principal Payment Amount For any Distribution Date on or after the Stepdown Date and as long as a Trigger Event has not occurred with respect to such Distribution Date, will be the amount, if any, by which (x) the Class Principal Balance of the Senior Certificates immediately prior to such Distribution Date exceeds (y) the lesser of (A) the product of (i) 57.60% and (ii) the Aggregate Collateral Balance for such Distribution Date and (B) the amount, if any, by which (i) the Aggregate Collateral Balance for such Distribution Date exceeds (ii) 0.50% of the Aggregate Collateral Balance as of the Initial Cut-off Date (including amounts in the Prefunding Account as of the Closing Date).

  • Class B-5 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Redemption Notes means unsecured subordinated promissory notes of the Trust having a maturity date to be determined at the time of issuance by the Trustee (provided that in no event shall the maturity date be set at a date subsequent to the first Business Day following the fifth anniversary of the date of issuance of such note), bearing interest from the date of issue at a market rate of interest determined at the time of issuance by the Trustee, payable for each month during the term on the 15th day of each subsequent month with all principal being due on maturity, such promissory notes to provide that the Trust shall at any time be allowed to prepay all or any part of the outstanding principal without notice or bonus.

  • Bridge Notes means the series of notes, of which this Note is a part, dated on or about the date hereof, each of which are identical, other than the date of the Note, identity of the Holder and principal amount of this Note.

  • Note Amount means, with respect to any Payment Date, the aggregate outstanding principal amount of the Notes after giving effect to payments of principal made on the Notes on such Payment Date.

  • Existing Unsecured Notes the Borrower’s 11.5% Senior Notes due 2018, issued pursuant to the Existing Unsecured Indenture, outstanding on the Closing Date or subsequently issued in exchange for or in respect of any such notes.

  • Excess Subordinate Principal Amount With respect to any Distribution Date on which the aggregate Certificate Principal Balance of the Class of Subordinate Certificates then outstanding with the Lowest Priority is to be reduced to zero and on which Realized Losses are to be allocated to such class or classes, the excess, if any, of (i) the amount that would otherwise be distributable in respect of principal on such class or classes of Certificates on such Distribution Date over (ii) the excess, if any, of the aggregate Certificate Principal Balance of such class or classes of Certificates immediately prior to such Distribution Date over the aggregate amount of Realized Losses to be allocated to such classes of Certificates on such Distribution Date as reduced by any amount calculated pursuant to Section 4.02(b)(i)(E). With respect to any Mortgage Pool that is comprised of two or more Loan Groups, the Excess Subordinate Principal Amount will be allocated between each Loan Group on a pro rata basis in accordance with the amount of Realized Losses attributable to each Loan Group and allocated to the Certificates on such Distribution Date.

  • Class B-2 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • Subordinate Principal Distribution Amount With respect to any Distribution Date and each Class of Subordinate Certificates, (a) the sum of (i) the product of (x) the related Subordinate Class Percentage for such Class and (y) the aggregate of the amounts calculated for such Distribution Date under clauses (1), (2) and (3) of Section 4.02(a)(ii)(Y)(A) of this Series Supplement (without giving effect to the Senior Percentage) to the extent not payable to the Senior Certificates; (ii) such Class's pro rata share, based on the Certificate Principal Balance of each Class of Subordinate Certificates then outstanding, of the principal collections described in Section 4.02(a)(ii)(Y)(B)(b) of this Series Supplement (without giving effect to the Senior Accelerated Distribution Percentage) to the extent such collections are not otherwise distributed to the Senior Certificates; (iii) the product of (x) the related Prepayment Distribution Percentage and (y) the aggregate of all Principal Prepayments in Full received in the related Prepayment Period and Curtailments received in the preceding calendar month (other than the related Discount Fraction of such Principal Prepayments in Full and Curtailments with respect to a Discount Mortgage Loan) to the extent not payable to the Senior Certificates; (iv) if such Class is the Class of Subordinate Certificates with the Highest Priority, any Excess Subordinate Principal Amount for such Distribution Date; and (v) any amounts described in clauses (i), (ii) and (iii) as determined for any previous Distribution Date, that remain undistributed to the extent that such amounts are not attributable to Realized Losses which have been allocated to a Class of Subordinate Certificates minus (b) the sum of (i) with respect to the Class of Subordinate Certificates with the Lowest Priority, any Excess Subordinate Principal Amount for such Distribution Date; and (ii) the Capitalization Reimbursement Amount for such Distribution Date, other than the related Discount Fraction of any portion of that amount related to each Discount Mortgage Loan, multiplied by a fraction, the numerator of which is the Subordinate Principal Distribution Amount for such Class of Subordinate Certificates, without giving effect to this clause (b)(ii), and the denominator of which is the sum of the principal distribution amounts for all Classes of Certificates other than the Class A-P Certificates, without giving effect to any reductions for the Capitalization Reimbursement Amount.

  • Class B-6 Optimal Principal Amount As to any Distribution Date, an amount equal to the sum of (I) the sum, as to each Outstanding Mortgage Loan, of the product of (x) the Non-PO Fraction with respect to such Mortgage Loan and (y) the sum of:

  • New Notes shall have the meaning assigned to such term in Section 32.

  • Senior Optimal Principal Amount As to a Mortgage Pool and with respect to each Distribution Date, an amount equal to the sum of:

  • Convertible Notes has the meaning set forth in the Recitals.

  • Senior Unsecured Notes means $2,000,000,000 in aggregate principal amount of the Borrower’s 9.000% senior notes due 2025 issued pursuant to the Senior Unsecured Notes Indenture on the Closing Date.

  • 2011 Notes means those certain notes issued pursuant to the Note Purchase Agreement dated as of March 22, 2011 among the Company and the purchasers named in Schedule A thereto.

  • Initial Principal Amount means, with respect to any Series or Class (or Subclass) of Notes, the aggregate initial principal amount of such Series or Class (or Subclass) of Notes specified in the applicable Series Supplement.

  • Certificate Principal Amount With respect to any Certificate, at the time of determination, the maximum specified dollar amount of principal to which the Holder thereof is then entitled hereunder, such amount being equal to the initial principal amount set forth on the face of such Certificate, less (i) the amount of all principal distributions previously made with respect to such Certificate; (ii) all Realized Losses allocated to such Certificate; and (iii) in the case of a Subordinate Certificate, any Subordinate Certificate Writedown Amount allocated to such Certificates. Notwithstanding the foregoing, on any Distribution Date relating to a Due Period in which a Subsequent Recovery has been received by the Servicer, the Certificate Principal Amount of any Class of Certificates then outstanding for which any Realized Loss or any Subordinate Certificate Writedown Amount has been applied will be increased, in order of seniority, by an amount equal to the lesser of (i) the amount such Class of Certificates has been written down in respect of Realized Losses or Subordinate Certificate Writedown Amounts, to the extent not previously offset by increases in Certificate Principal Amount pursuant to this sentence and (ii) the total of any Subsequent Recovery distributed on such date to the Certificateholders (reduced (x) by the amount of the increase in the Certificate Principal Amount of any more senior Class of Certificates pursuant to this sentence on such Distribution Date and (y) to reflect a proportionate amount of the increase in the Certificate Principal Amount of any pari passu Class of Certificates on such Distribution Date pursuant to this sentence). For purposes of Article V hereof, unless specifically provided to the contrary, Certificate Principal Amounts shall be determined as of the close of business of the immediately preceding Distribution Date, after giving effect to all distributions made on such date.

  • 2016 Notes means the aggregate principal amount of US$460,000,000 of 4.25% Convertible Senior Notes Due 2016 issued pursuant to the 2016 Note Indenture.