Title of the Securities definition

Title of the Securities. Expected Securities Rating:* 5.50% Series A2 Preferred Stock, par value $0.001 per share (the “Shares”) Xxxx-Xxxxx Ratings Company: BBB- Number of Shares Being Offered: 187,000 shares ($4,675,000 in aggregate liquidation preference) Stated Value/Liquidation Preference: $25.00 per Share Trade Date: Settlement Date:** Selling Concession to Stated Value: May 19, 2021 May 26, 2021 $2.50 per Share; $467,500 total Net Proceeds to the Issuer, before Expenses: $22.50 per Share; $4,207,500 total Permitted Reoffer Price: Maximum of $25.00; Minimum of $22.50 Discretionary Reoffer Price: $23.2875 per Share Selling Concession Retained by Underwriter: $0.7875 per Share; $147,262.50 total Dividend Rate (Cumulative): 5.50% per annum Day Count: 30/360 Original Issue Date: May 26, 2021 Maturity: The Shares have no stated maturity. The Shares will remain outstanding indefinitely unless they are redeemed, repurchased or converted. Date Dividends Start Accruing: May 26, 2021 Dividend Payment Date: Monthly, when, as and if authorized by the Board of Directors, and declared by us out of funds legally available for payment, beginning July 1, 2021
Sample 1

Examples of Title of the Securities in a sentence

  • Title of the Securities.......................................................

  • Issuer: Carlyle Credit Income Fund Title of the Securities: 8.75% Series A Term Preferred Shares Due 2028 (the “Series A Term Preferred Shares”) Rating*: Xxxx-Xxxxx Ratings Company: BBB+ Initial Number of Shares Being Offered: 1,200,000 Option: The underwriters may purchase from the Issuer up to an additional 180,000 Shares, within 30 days.

  • Title of the Securities ................................................

  • XxXxxx, Xx. Title: Secretary Title: Senior Vice President (Include title only if an officer of entity signing to the right) With respect to the following account: Title of the Securities Account: WHX CS CORP Securities Account No.: 20-35-002- 4723191 Custodian: PNC Bank, National Association Check applicable blank.

  • Title of the Securities There shall be a series of Securities designated the “0.750% Senior Notes due 2025” (the “Securities”).

  • These additions resulted from an increase in expenses attributable to legal risks amounting to €5.1 billion, higher warranty costs amounting to €0.4 billion, specific sales pro- grams amounting to €0.5 billion, impairment losses on inventories amounting to €0.3 billion and impair- ment losses on intangible assets and property, plant and equipment amounting to €0.3 billion, which were in part offset by impairment reversals of non-current and current lease assets in the amount of €0.1 billion.

  • Section 2.1. Title of the Securities ...........................................

  • Title of the Securities: 7.75% Series B Term Preferred Stock Due 2028 (the “Series B Preferred Stock”) Rating*: Exxx-Xxxxx Ratings Company: BBB Initial Number of Shares Being Offered: 1,130,500 Option: The underwriters may purchase from the Issuer up to an additional 169,575 Shares, within 30 days.

  • Title of the Securities will be evidenced in accordance with articles 61º-94º of the Securities Code.

  • Issuer: OFS Capital Corporation (the “Company”) Title of the Securities: 5.95% Notes due 2026 (the “Notes”) Private Rating:* Egan-Jones Ratings Company: BBB+Initial Aggregate Principal Amount Being Offered:$50,000,000 Over-Allotment Option: $7,500,000 aggregate principal amount of Notes within 30 days of the date hereof solely to cover over-allotments, if any.

Related to Title of the Securities

  • Initial Debentures means the Debentures designated as “9.5% Unsecured Convertible Debentures” and described in Section 2.5;

  • Series A Debentures means the 8.675% Series A Junior Subordinated Deferrable Interest Debentures due February 1, 2027 of the Debenture Issuer issued pursuant to the Indenture.

  • General Security Agreement means the general security agreement dated on or about the date hereof given by Borrower in favour of Lender in respect of the Obligations.

  • Real Estate-Related Securities shall have the meaning set forth in the Charter.

  • Exchange Debentures has the meaning set forth in Section 2(a) hereof.

  • Private Securities has the meaning set forth in Annex A hereto.

  • Purchaser Securities means the Purchaser Units, the Purchaser Common Stock, the Purchaser Preferred Stock and the Purchaser Warrants, collectively.

  • Series B Debentures means the $200 million aggregate principal amount of 4.903% Series B senior unsecured debentures of the Trust due July 5, 2023.

  • Conversion Securities has the meaning set forth in Section 4.08(b).

  • Series B Securities means the 11-1/2% Senior Notes due 2007, Series B, of the Company to be issued pursuant to this Indenture in exchange for the Series A Securities pursuant to the Registered Exchange Offer and the Registration Rights Agreement.

  • Sale of the Corporation means (i) the sale of all or substantially all of the Corporation's assets to a Person who is not an Affiliate of the Corporation, (ii) the sale or transfer of the outstanding capital stock of the Corporation to one or more Persons who are not Affiliates of the Corporation, or (iii) the merger or consolidation of the Corporation with or into another Person who is not an Affiliate of the Corporation, in each case in clauses (ii) and (iii) above under circumstances in which the holders of a majority in voting power of the outstanding capital stock of the Corporation, immediately prior to such transaction, own less than a majority in voting power of the outstanding capital stock of the Corporation or the surviving or resulting corporation or acquirer, as the case may be, immediately following such transaction. A sale (or multiple related sales) of one or more subsidiaries of the Corporation (whether by way of merger, consolidation, reorganization or sale of all or substantially all assets or securities) which constitutes all or substantially all of the consolidated assets of the Corporation shall be deemed a Sale of the Corporation.

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

  • Debentures has the meaning stated in the first recital of this Indenture.

  • Sale of the Company means the sale of the Company to an Independent Third Party or affiliated group of Independent Third Parties pursuant to which such party or parties acquire (i) capital stock of the Company possessing the voting power to elect a majority of the Company's board of directors (whether by merger, consolidation or sale or transfer of the Company's capital stock) or (ii) all or substantially all of the Company's assets determined on a consolidated basis.

  • Securities as used herein does not include (i) securities of issuers that are affiliated with the Buyer or are part of the Buyer's Family of Investment Companies, (ii) securities issued or guaranteed by the U.S. or any instrumentality thereof, (iii) bank deposit notes and certificates of deposit, (iv) loan participations, (v) repurchase agreements, (vi) securities owned but subject to a repurchase agreement and (vii) currency, interest rate and commodity swaps.

  • Corporation Securities means (i) shares of Common Stock, (ii) shares of Preferred Stock (other than preferred stock described in Section 1504(a)(4) of the Code), (iii) warrants, rights, or options (including options within the meaning of Treasury Regulation § 1.382-2T(h)(4)(v)) to purchase stock of the Corporation, and (iv) any other interest that would be treated as “stock” of the Corporation pursuant to Treasury Regulation § 1.382-2T(f)(18).

  • Sale of the Painting means the transfer of title and ownership of the Painting to an un-Affiliated third-party and receipt by the Company of value therefor as determined by the Board.

  • Portfolio Securities or "investments" of the Series shall mean, respectively, such assets, net assets, securities, portfolio securities or investments which are from time to time under the management of the Subadviser pursuant to this Agreement.

  • Securities Purchase Agreement means that certain securities purchase agreement, dated as of the Subscription Date, by and among the Company and the initial holders of the Notes pursuant to which the Company issued the Notes, as may be amended from time to time.

  • 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.

  • Existing Convertible Notes means any convertible notes or other convertible debt securities of the Company outstanding on the date of this Agreement.

  • AML/CFT means anti-money laundering and countering the financing of terrorism;

  • Other Debentures means all junior subordinated debentures issued by the Guarantor from time to time and sold to trusts to be established by the Guarantor (if any), in each case similar to the Issuer.

  • Offeror’s Securities means Voting Shares Beneficially Owned by an Offeror on the date of the Offer to Acquire;

  • Securities Purchase has the meaning set forth in the recitals in this Agreement. “Seller” has the meaning set forth in the introductory paragraph to this Agreement.

  • Original Securities means all Securities other than Exchange Securities.