Description of Notes Sample Clauses

The 'Description of Notes' clause defines and outlines the specific characteristics and terms of the notes being issued under an agreement. It typically details aspects such as the principal amount, interest rate, maturity date, and any special features or rights attached to the notes. By clearly specifying these elements, the clause ensures that all parties have a mutual understanding of the financial instruments involved, thereby reducing ambiguity and potential disputes regarding the notes' terms.
Description of Notes. 1 Section 1.2 Commitment, Closing Date ........................................................................... 1 Section 1.3
Description of Notes. (a) The Company will authorize the issue and sale of: (i) $15,000,000 aggregate principal amount of its 5.63% Series 2002-A Senior Notes, Tranche A (the "Tranche A Notes"), to be dated the date of issue, to bear interest from such date at the rate of 5.63% per annum, payable semiannually on the 18th day of June and December in each year (commencing June 18, 2003) and at maturity and to bear interest on overdue principal (including any overdue optional prepayment of principal) and premium, if any, and (to the extent legally enforceable) on any overdue installment of interest at the Overdue Rate after the date due, whether by acceleration or otherwise, until paid, to mature on December 18, 2009, and to be substantially in the form attached hereto as Exhibit A-1; and (ii) $40,000,000 aggregate principal amount of its 6.16% Series 2002-A Senior Notes, Tranche B (the "Tranche B Notes"), to be dated the date of issue, to bear interest from such date at the rate of 6.16% per annum, payable semiannually on the 18th day of June and December in each year (commencing June 18, 2003) and at maturity and to bear interest on overdue principal (including any overdue optional prepayment of principal) and premium, if any, and (to the extent legally enforceable) on any overdue installment of interest at the Overdue Rate after the date due, whether by acceleration or otherwise, until paid, to mature on December 18, 2012, and to be substantially in the form attached hereto as Exhibit A-2. The Series 2002-A Notes, together with each series of Additional Notes which may from time to time be issued pursuant to the provisions of SECTION 1.4, are sometimes hereinafter collectively referred to as the "Notes". (b) Interest on the Series 2002-A Notes shall be computed on the basis of a 360-day year of twelve 30-day months. The Series 2002-A Notes are not subject to prepayment or redemption at the option of the Company prior to their expressed maturity dates except on the terms and conditions and in the amounts and with the premium, if any, set forth in SECTION 2. You and the other purchasers named in Schedule I are hereinafter sometimes referred to as the "Purchasers". The terms which are capitalized herein shall have the meanings set forth in SECTION 8.1 unless the context shall otherwise require.
Description of Notes. Closing Date August 18, 2015
Description of Notes. The Company will authorize the issue and sale of $50,000,000 aggregate principal amount of its 4.02% Senior Notes due August 14, 2025 (as amended, restated or otherwise modified from time to time pursuant to Section 17 and including any such notes issued in substitution therefor pursuant to Section 13, the “Notes”). The Notes shall be substantially in the form set out in Schedule 1. Certain capitalized and other terms used in this Agreement are defined in Schedule B. References to a “Schedule” are references to a Schedule attached to this Agreement unless otherwise specified. References to a “Section” are references to a Section of this Agreement unless otherwise specified.
Description of Notes. 1 Section 1.2. Commitment: Closing Date. . . . . . . . . . . . . . .2 Section 1.3.
Description of Notes. The notes were issued under an indenture (the “indenture”), dated April 7, 2022, between us and Wilmington Trust, National Association, as trustee (the “trustee”). A copy of the indenture is filed as an exhibit to the registration statement of which this prospectus forms a part. The terms of the notes include those expressly set forth in the indenture and those made part of the indenture by reference to the Trust Indenture Act of 1939, as amended (the “Trust Indenture Act”). You may request a copy of the indenture from us as described under “Where You Can Find More Information.” The following description is a summary of the material provisions of the notes and the indenture and does not purport to be complete. This summary is subject to and is qualified by reference to all the provisions of the notes and the indenture, including the definitions of certain terms used in the indenture. We urge you to read these documents because they, and not this description, define your rights as a holder of the notes. For purposes of this description, references to “we,” “our” and “us” refer only to Eos Energy Enterprises, Inc. and not to its subsidiaries. The notes: ● are our general unsecured, senior obligations; ● were initially issued in an aggregate principal amount of $100,000,000; ● accrue interest from the date of issuance (or the most recent interest payment date, whichever is later), payable in cash at the rate of 5.00% per year or in kind at the rate of 6.00% per year, at our election, on June 30 and December 30 of each year, as described below under “—Interest;” ● are subject to redemption at our option, in whole or in part, on or after June 30, 2024 if the last reported sale price of our common stock has been at least 130% of the conversion price then in effect for at least 20 trading days (whether or not consecutive) during any 30 consecutive trading day period ending on, and including, the trading day immediately preceding the date on which we provide notice of redemption at a redemption price equal to 100% of the capitalized principal amount of the notes to be redeemed, plus any accrued interest that has not been paid or capitalized to, but excluding, the redemption date; ● are subject to repurchase by us at the option of the holders following a fundamental change (as defined below under “—Fundamental Change Permits Holders to Require Us to Repurchase Notes”), at a fundamental change repurchase price equal to 100% of the capitalized principal amount of the...
Description of Notes. The Company will authorize the issue and sale of the following Senior Notes: Issue Series and/or Tranche Aggregate Principal Amount Interest Rate Maturity Date Senior Notes Series 2005-A $40,000,000 5.69% November 1, 2018 The Series 2005-A Senior Notes described above (the “Series A Notes”) together with each Series of Additional Notes that may from time to time be issued pursuant to the provisions of Section 2.2 are collectively referred to as the “Notes” (such term shall also include any such notes issued in substitution therefor pursuant to Section 13 of this Agreement). The Series A Notes shall be substantially in the form set out in Exhibit 1(a) with such changes therefrom, if any, as may be approved by the Purchasers and the Company. Certain capitalized terms used in this Agreement are defined in Schedule B; references to a “Schedule” or an “Exhibit” are, unless otherwise specified, to a Schedule or an Exhibit attached to this Agreement.
Description of Notes. Section 1.1. The Notes to be issued, sold and delivered at the closing to Purchaser without any expense to Purchaser (i) shall be in the form of registered notes specified in Schedule I hereto in the aggregate principal amount of $5,000,000 dated the Closing Date, (ii) shall bear interest from the date of issue at the rate of 5.00% per annum, payable semiannually on the fourth day of each March and September in each year, commencing with the fourth day of September next succeeding the date hereof (hereinafter called “Interest Payment Dates”), except that the rate of interest on overdue principal and premium, if any, and (to the extent legally enforceable) on any overdue installment of interest shall be 6.00% per annum after maturity, whether by acceleration or otherwise, until paid, (iii) shall become due and payable on March 4, 2010, (iv) shall be executed in the form of Exhibit A attached hereto and (v) may be in typewritten form. Interest on the Notes shall be computed on the basis of a 360-day year of twelve 30-day months. The Notes are not subject to prepayment or redemption at the option of the Company prior to their expressed maturity dates except on the terms and conditions and in the amounts and with the premium, if any, set forth in Section 2 of this Loan Agreement. Section 1.2. Prior to the maturity and payment of the Notes and of any registered note or notes received in exchange therefor (the term “Notes” as used in this Agreement shall be deemed to include any registered note or notes received in exchange therefor), any holder of any Note may present the Note at the Company’s office in Nashua, New Hampshire, for immediate exchange for an equal principal amount of registered Notes of other denominations having the same maturity, rate of interest and covenants as the Note so presented, and so far as consistent with their form, subject to the same terms and conditions as the Note so surrendered. Each such new Note shall be payable to such person or persons as such holder may designate, and such exchange or transfer shall be made without expense to such holder, and in such manner that no gain or loss of principal or interest shall result therefrom. If any such Note is issued in the name of some person other than Purchaser, the Company reserves the right to employ a banking institution of its choice, and reasonably acceptable to Purchaser, to act as registrar of the Notes. Section 1.3. Interest and principal and premium, if any, to be paid in respe...
Description of Notes. The Company has authorized the issuance and sale of $100,000,000 aggregate principal amount of its Senior Notes (the "Notes"), to be dated the date of issuance, to bear interest from such date (computed on the basis of a 360-day year comprised of twelve 30-day months), payable semi-annually on June 15 and December 15 of each year, commencing June 15, 1993, and at maturity, at the following rates: (i) $73,500,000 aggregate principal amount of the Notes (the "Series A Notes") shall bear interest at the rate of 7.15% per annum prior to maturity and shall bear interest on any overdue principal (including any overdue optional or required prepayment), on any overdue Make-Whole Amount, and (to the extent legally enforceable) on any overdue installment of interest at the rate of 9.15% per annum; and (ii) $26,500,000 aggregate principal amount of the Notes (the "Series B Notes") shall bear interest at the rate of 7.63% per annum prior to maturity and shall bear interest on any overdue principal (including any overdue optional or required prepayment), on any overdue Make-Whole Amount, and (to the extent legally enforceable) on any overdue installment at the rate of 9.63% per annum. The Notes shall be expressed to mature on December 15, 1999 and the Series A Notes and Series B Notes shall be substantially in the forms attached as Exhibits A and B, respectively. The term "Notes" as used herein shall include each Note delivered pursuant to this Note Agreement (the "Agreement") and each Note delivered in substitution or exchange therefor and, where applicable, shall include the singular number as well as the plural. Any reference to you in this Agreement shall in all instances be deemed to include any nominee of yours or any separate account or other person on whose behalf you are purchasing Notes. You and the other purchasers are sometimes referred to herein individually as a "Purchaser" and collectively as the "Purchasers."
Description of Notes. We, JinkoSolar Holding Co., Ltd., will issue the notes under an indenture to be dated as of the date of initial issuance of the notes, which we refer to as the indenture, between JinkoSolar Holding Co., Ltd., as issuer, and The Bank of New York Mellon, London Branch as trustee (the “trustee”), paying agent (the “paying agent”) and conversion agent (the “conversion agent”), ▇▇▇ ▇▇▇▇ ▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇ ▇▇/NV, Luxembourg Branch, as registrar (the “registrar”) and transfer agent (the “transfer agent”). The following description is a summary of the material provisions of the notes and the indenture and does not purport to be complete. This summary is subject to, and is qualified by reference to, the provisions of the notes and the indenture, including the definitions of certain terms used in these documents. We urge you to read these documents because they, and not this description, define your rights as a holder of the notes. For purposes of this description, references tothe Company,” “we,” “our” and “us” refer only to JinkoSolar Holding Co., Ltd., and not to its subsidiaries and references to “holders” refer to holders of the notes described herein.