Examples of Soft Bullet in a sentence
The CPUC has the authority to require implementation of mitigation requirements and will be capable of terminating project construction and operation activities found to be inconsistent with mitigation objectives or project approval conditions.Table 19-1 identifies each potentially significant impact identified in this PEA and the associated mitigation measure(s).
However, Nykredit Realkredit may in the Final Bond Terms state that the maturity of the Section 15 Bonds issued may be extended ("Soft Bullet") more than set out in 6.10.2 "Statutory refinancing – Section 15 Bonds".
An extended final maturity date (the "Extended Final Maturity Date") may be specified in the relevant Final Terms of a Series of Covered Bonds in accordance with the applicable Conditions, each such Covered Bonds being referred to as "Soft Bullet Covered Bonds".
Condition 6(a) allows for the issuance of Notes with soft bullet maturity (the "Soft Bullet Notes").
As from the Final Maturity Date (or, as the case may be, with respect to Soft Bullet French Law Covered Bonds, the Extended Final Maturity Date), the Rate of Interest for any overdue principal of such a French Law Covered Bond shall be a rate per annum (expressed as a percentage) equal to the Amortisation Yield (as described in Condition 8(e)(i)(B)).
With respect to Series of Soft Bullet Covered Bonds, an extended Final Maturity Date (the "Extended Final Maturity Date") shall be specified as applying in relation to such Series in the applicable Final Terms.
Covered Bonds may have hard bullet maturities or soft bullet maturities (allowing the Final Maturity Date of the relevant Series to be extended, each such Covered Bonds being referred to as "Soft Bullet Covered Bonds"), as specified in the Final Terms of the relevant Series.
As part of their regular review, S&P informed NN Bank that their current covered bond rating approach did not take into account the impact of the ''A(ii)'' component of the amortisation test of Dutch Soft Bullet Programmes.
However, Nykredit may in the Final Bond Terms state that the maturity of the Section 15 Bonds issued and Senior Unsecured Debt may be extended ("Soft Bullet") more than set out in 6.10.2 "Statutory refinancing – Section 15 Bonds".
The Final Maturity Date of such Soft Bullet Notes may be extended upon the occurrence of an Extension Trigger Event at the latest to the Extended Final Maturity Date, twelve (12) months after the Final Maturity Date.