Sinking Fund Provisions. [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire $ principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest] [, together with [cumulative] [non-cumulative] redemptions at the option of the Company to retire an additional $ principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest.] [If Designated Securities are Extendable Debt Securities, insert-- Extendable Provisions: The Designated Securities are repayable on , at the option of the holder, at their principal amount with accrued interest. The initial annual interest rate will be %, and thereafter the annual interest rate will be adjusted on , , and to a rate not less than % of the effective annual interest rate on obligations with year maturities as of the [interest date 15 days prior to maturity date] prior to such [insert maturity date].] [If Designated Securities are Floating Rate Debt Securities, insert-- Floating Rate Provisions: The initial annual interest rate will be % through [and thereafter will be adjusted [monthly] [on each , , and ] [to an annual rate of % above the average rate for -year [-month] [securities] [certificates of deposit] by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills plus % of the Interest Differential (the excess, if any, of (i) the then-current weekly average per annum secondary market yield for -month certificates of deposit over (ii) the then-current interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills); [from and thereafter the rate will be the then-current interest yield equivalent plus % of the Interest Differential].] 23
Sinking Fund Provisions. [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire [$ ] principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest[, together with [cumulative] [noncumulative] redemptions at the option of the Company to retire an additional [$ ] principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest.] [If Designated Securities are extendable debt securities, insert-- Extendable provisions: Designated Securities are repayable on ________ , [insert date and years ___________ ], at the option of the holder, at their principal amount with accrued interest. The initial annual interest rate will be %, and thereafter the annual interest rate will be adjusted on , and to a rate not less than % of the effective annual interest rate on U.S. Treasury obligations with -year maturities as of the [insert date 15 days prior to maturity date] prior to such [insert maturity date].] [If Designated Securities are floating rate debt securities, insert-- Floating rate provisions: Initial annual interest rate will be % through [and thereafter will be adjusted [monthly] [on each ________,_________ , and______________ ] [to an annual rate of ___% above the average rate for _______-year [month] [securities] [certificates of deposit] issued by and ____________ [insert names of banks _________ ]. ] [and the annual interest rate [thereafter] [from ________ through ____________ ] will be the interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills plus % of Interest Differential (the excess, if any, of (i) the then current weekly average per annum secondary market yield for -month certificates of deposit over (ii) the then current interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills); [from and thereafter the rate will be the then current interest yield equivalent plus % of Interest Differential].] Defeasance provisions: Closing location for delivery of Designated Securities: Additional Closing Conditions: Names and addresses of Representatives: Designated Representatives: Address for Notices, etc.: [Other Terms] : ANNEX II Pursuant to Section 7(e) of the Underwriting Agreement, the accountants shall furnish letters to the Underwriters to the effect that:
Sinking Fund Provisions. No sinking fund provisions.
Examples of Sinking Fund Provisions in a sentence
Redemption or Sinking Fund Provisions: Shares of Preferred Stock have no redemption or sinking fund provisions.
Sinking Fund Provisions The Certificate of Incorporation does not contain any sinking fund provisions.
The Governance Standard and Assessment Framework for the Regulation of Approved Housing Bodies in Ireland.https://www.housingagency.ie/sites/ default/files/2019-05/GOVERNANCE-STANDARD-AHB-SECTOR-2017-ONLINE_0.pdf 53 management.149 This includes Stock Condition Surveys and Sinking Fund Provisions for long term maintenance issues, something which for-profit property companies are not obliged to do.
While there is a desire for electric bus charging stations and will not be included in this project, it would be beneficial for FRTA to understand implications of this project and planning needs to consider for future expansion to include electric bus charging infrastructure.
Bonds with Sinking Fund Provisions Bonds with Sinking Fund Provisions have a provision as per which the issuer is required to retire some amount of outstanding bonds every year.
More Definitions of Sinking Fund Provisions
Sinking Fund Provisions. [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire [$] principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest] [, together with [cumulative] [noncumulative] redemptions at the option of the Company to retire an additional [$] principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest]. [If Securities are extendable debt securities, insert -- ]
Sinking Fund Provisions. Redemption Provisions: Securities into which Convertible or Exchangeable: Maturity:
Sinking Fund Provisions. None Redemption Provisions: None
Sinking Fund Provisions. [ ] Applicable Time: [ ] Pricing Disclosure Package: [ ]
Sinking Fund Provisions. None Global Note Depositary: CDS Clearing and Depository Services Inc. Closing Date and Time of Delivery: March 21, 2011 at 9:00 a.m., Toronto time Closing Location: Davies Wxxx Xxxxxxxx & Vxxxxxxx XXX, Xxxxx 0000, Xxxxxxx, Xxxxxxx
Sinking Fund Provisions. None Redemption Provisions: At any time prior to [⚫] ([⚫] months prior to the maturity date of the Purchased Bonds), the Company may, at its option, redeem the Purchased Bonds in whole or in part at any time at a redemption price equal to the greater of: • 100% of the principal amount of the Purchased Bonds to be redeemed, plus accrued and unpaid interest on those Purchased Bonds to, but excluding, the redemption date, or • as determined by the Quotation Agent, the sum of the present values of the remaining scheduled payments of principal and interest on the Purchased Bonds to be redeemed that would be due if such Purchased Bonds matured on [⚫] but for the redemption (not including any portion of payments of interest accrued as of the redemption date) discounted to the redemption date on a semi-annual basis at the Adjusted Treasury Rate plus [⚫] basis points, plus accrued and unpaid interest on those Purchased Bonds to, but excluding, the redemption date. At any time on or after [⚫] ([⚫] months prior to the maturity date of the Purchased Bonds), the Company may, at its option, redeem the Purchased Bonds in whole or in part at any time at a redemption price equal to 100% of the principal amount of the Purchased Bonds to be redeemed, plus accrued and unpaid interest to, but excluding, the redemption date. The redemption price will be calculated assuming a 360- day year consisting of twelve 30-day months.
Sinking Fund Provisions. The Designated Securities shall not be entitled to any sinking fund Repurchase upon Change of Control Repurchase Event: The Designated Securities shall be subject to repurchase upon the occurrence of a Change of Control Repurchase Event as described under the caption “Description of Notes–Repurchase upon Change of Control Repurchase Event” in the Preliminary Prospectus Supplement dated September 8, 2020 relating to the Designated Securities Date and Time of Delivery: September 11, 2020; 9:30 a.m., New York City time Closing Location: Sxxxxxx Xxxxxxx & Bxxxxxxx LLP 400 Xxxxxxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 Funds for Payment of Purchase Price: Immediately Available Funds by Wire Transfer Delayed Delivery: None Name and Address for Purposes of Section 13: c/o Goldman Sachs & Co. LLC 200 Xxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 c/o HSBC Securities (USA) Inc. 400 Xxxxx Xxxxxx Xxx Xxxx, Xxx Xxxx 00000 c/o Morgan Sxxxxxx & Co. LLC 1000 Xxxxxxxx Xxx Xxxx, Xxx Xxxx 00000 Time of Sale: 2:30 p.m., New York City time, on the date of this Agreement