Quoted Eurobond definition

Quoted Eurobond means a quoted Eurobond within the meaning of section 64 of the Taxes Act;
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Quoted Eurobond means any security that—
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Quoted Eurobond means a security which—
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Examples of Quoted Eurobond in a sentence

  • This exemption from withholding tax will not apply, however, if the interest is paid to a company in connection with a trade or business carried on by it through a branch or agency located in Ireland.In certain circumstances, Irish tax will be required to be withheld at the standard rate from interest on any Quoted Eurobond, where such amount is collected by a bank in Ireland on behalf of any Security Holder who is resident in Ireland.

  • A Quoted Eurobond is a security which: (a) is issued by a company; (b) is quoted on a recognised stock exchange (the Irish Stock Exchange is a recognised stock exchange for this purpose); and (c) carries a right to interest.

  • A Quoted Eurobond is a security which: (n) is issued by a company; (o) is quoted on a recognised stock exchange (the Irish Stock Exchange is a recognised stock exchange for this purpose); and (p) carries a right to interest.

  • Interest on any Note which is an Exempted Quoted Eurobond realised or collected by an agent in Ireland on behalf of a holder will generally be subject to a withholding at the standard rate of income tax (currently 20 per cent.).

  • Even if the Quoted Eurobond exemption does not apply, on the basis that the Issuer will be a Qualifying Company for the purposes of the Irish Securitisation Regime, the Interest earned on such notes should be exempt from income tax if paid to a non-resident of Ireland who does not carry on a trade in Ireland through a branch or agency to which the Interest is attributable and who for the purposes of Section 198(1), Taxes Consolidation Act 1997 is regarded as being a resident of a Relevant Territory.

  • Interest paid on a Quoted Eurobond (see above) to a collecting agent in Ireland on behalf of an investor will be subject to an Encashment Tax in respect of Irish income tax unless the beneficial owner of the Quoted Eurobond who is entitled to interest is not resident for tax purposes in Ireland and makes a declaration in the required form.

  • Even if the Quoted Eurobond exemption does not apply, on the basis that the Issuer will be a Qualifying Company for the purposes of the Irish Securitization Regime, the Interest earned on such notes should be exempt from income tax if paid to a non-resident of Ireland who does not carry on a trade in Ireland through a branch or agency to which the Interest is attributable and who for the purposes of Section 198(1), Taxes Consolidation Act 1997 is regarded as being a resident of a Relevant Territory.

  • This exemption does not apply if the interest is paid to a company in connection with a trade or business which is carried on in Ireland by the company through a branch or agency.Apart from Section 246, Section 64 TCA 1997 ("Section 64") provides for the payment of interest on a "Quoted Eurobond" without deduction of tax in certain circumstances.

  • Conversely, in cases where they are lenders (rather than borrowers), sovereign investors, pension funds and partnerships can take advantage of private placements and Quoted Eurobond exemptions, provided the conditions for these exemptions are met.

  • No withholding tax applies where the Note and/or CD qualifies as a Quoted Eurobond (see above).

Related to Quoted Eurobond

  • Telerate British Bankers Assoc. Interest Settlement Rates Page means the display designated as Page 3750 on the Telerate System Incorporated Service (or such other page as may replace such page on such service for the purpose of displaying the rates at which dollar deposits are offered by leading banks in the London interbank deposit market).

  • Designated Eurodollar Market means, with respect to any Eurodollar Rate Advance, the London Eurodollar Market.

  • Eurobond Basis has the meaning given in Condition 5.10 (Definitions);

  • Reference Bond Price means, with respect to any date of redemption, (a) the arithmetic average of the Reference Government Bond Dealer Quotations for such date of redemption, after excluding the highest and lowest such Reference Government Bond Dealer Quotations, or (b) if the Determination Agent obtains fewer than four such Reference Government Bond Dealer Quotations, the arithmetic average of all such quotations;

  • Reference Bond means for any Reset Period a government security or securities issued by the state responsible for issuing the Specified Currency (which, if the Specified Currency is euro, shall be Germany) selected by the Issuer on the advice of an investment bank of international repute as having an actual or interpolated maturity comparable with the relevant Reset Period that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities denominated in the same currency as the Notes and of a comparable maturity to the relevant Reset Period.

  • Reference Bond Dealer means each of five banks which are primary government securities dealers or market makers in pricing corporate bond issuances, as selected by the Calculation Agent in its discretion after consultation with the Issuer;

  • Eurozone means the countries and territories listed in the Annex of Council Regulation (EC) No. 974/98 of 3 May 1998 on the introduction of the Euro, in its current version.

  • Adjusted EURIBO Rate means, with respect to any EURIBOR Borrowing for any Interest Period, an interest rate per annum equal to the sum of (a) the EURIBO Rate for such Interest Period and (b) the Mandatory Costs Rate.

  • London Business Day means any Business Day on which dealings in deposits in United States Dollars are transacted in the London interbank market.

  • National Cost of Funds Index The National Monthly Median Cost of Funds Ratio to SAIF-Insured Institutions published by the Office of Thrift Supervision.

  • Relevant Screen Rate means (a) with respect to any Eurocurrency Borrowing denominated in CAD, the CAD Screen Rate, (b) with respect to any Eurocurrency Borrowing denominated in Euros, the EURIBO Screen Rate and (c) with respect to any Eurocurrency Borrowing denominated in AUD, the AUD Screen Rate.

  • LIBOR Market Index Rate means, for any day, the rate for one-month U.S. dollar deposits as reported on Telerate Page 3750 as of 11:00 a.m., London time, for such day, provided, if such day is not a LIBOR Business Day, the immediately preceding LIBOR Business Day (or if not so reported, then as determined by the Swingline Lender from another recognized source or interbank quotation).

  • Canada Yield Price means a price equal to the price of the Notes (or the portion thereof to be redeemed) calculated to provide a yield to maturity equal to the sum of the Government of Canada Yield calculated at 10:00 a.m. (Toronto time) on the third Business Day preceding the redemption date plus the Applicable Spread;

  • Relevant Screen Page means the page, section or other part of a particular information service (including, without limitation, Reuters) specified as the Relevant Screen Page in the relevant Final Terms, or such other page, section or other part as may replace it on that information service or such other information service, in each case, as may be nominated by the Person providing or sponsoring the information appearing there for the purpose of displaying rates or prices comparable to the Reference Rate;

  • CIBOR means the Copenhagen interbank offered rate;

  • Catalog price means a price included in a catalog, price list, schedule, or other form that is regularly maintained by the manufacturer or vendor, is either published or otherwise available for inspection by customers, and states prices at which sales are currently, or were last, made to a significant number of buyers constituting the general public; and

  • LIBOR Banking Day has the meaning set forth in Section 2.10(b)(1).

  • STIBOR means the Stockholm inter-bank offered rate.

  • Banking Day Financial Centre means the Banking Day Financial Centre as specified in § 1 of the Product and Underlying Data.

  • HIBOR means the Hong Kong inter-bank offered rate.

  • Bloomberg Screen GCAN5YR Page means the display designated as page “GCAN5YR<INDEX>” on the Bloomberg Financial L.P. service (or such other page as may replace the GCAN5YR page on that service) for purposes of displaying Government of Canada bond yields.

  • Mid-Market Swap Rate Quotation means a quotation (expressed as a percentage rate per annum) for the relevant Mid-Market Swap Rate;

  • London Banking Day means any day on which dealings in Dollar deposits are conducted by and between banks in the London interbank eurodollar market.

  • Reset Reference Bank Rate means, in relation to a Reset Interest Period and the Reset Rate of Interest Determination Date in relation to such Reset Interest Period, the percentage rate determined on the basis of the 7-year Mid-Swap Rate Quotations provided by the Reset Reference Banks to the Fiscal Agent at approximately 11:00 a.m. (New York City time) on such Reset Rate of Interest Determination Date. If at least three quotations are provided, the Reset Reference Bank Rate will be the arithmetic mean of the quotations provided, eliminating the highest quotation (or, in the event of equality, one of the highest) and the lowest quotation (or, in the event of equality, one of the lowest). If only two quotations are provided, the Reset Reference Bank Rate will be the arithmetic mean of the quotations provided. If only one quotation is provided, the Reset Reference Bank Rate will be the quotation provided. If no quotations are provided,

  • LIBOR Auction means a solicitation of Money Market Quotes setting forth Money Market Margins based on the London Interbank Offered Rate pursuant to Section 2.03.

  • Relevant Banking Day means a day on which commercial banks are open for business (including dealings in foreign exchange and foreign currency deposits) in the place where the specified office of the Registrar is located and, in the case only of an exchange of a Bearer Note for a Registered Note where such request for exchange is made to the Principal Paying Agent, in the place where the specified office of the Principal Paying Agent is located;