Issue of the Notes Clause Samples
The 'Issue of the Notes' clause defines the terms and conditions under which a company or issuer will create and distribute debt securities, commonly referred to as notes, to investors. This clause typically outlines the process for issuing the notes, including the timing, amount, denomination, and any prerequisites or conditions that must be met before issuance. For example, it may specify that notes will be issued in a single tranche on a specified date, or in multiple tranches over time, and detail the procedures for delivery and payment. The core function of this clause is to provide a clear framework for the initial creation and distribution of the notes, ensuring all parties understand when and how the notes will come into existence and be transferred to investors.
Issue of the Notes. (1) The Notes shall be issued in the form of one or more fully registered Global Notes registered in the name of CDS & Co., as nominee of CDS, and shall be executed by the Issuer. The Global Notes will be substantially in the form attached as Schedule A, with such changes as may be agreed between the Issuer and the Registrar. The aggregate principal amount of Notes to be issued and outstanding at any time in the form of the Global Notes or physical certificates (the “Certificated Notes”) issued in accordance with Section 5 (Replacements, Exchange and Transfer of the Global Notes and the Certificated Notes) shall not exceed CAN$500,000,000 except to the extent that Notes are further issued in accordance with Section 19 (Further Issues). Forthwith after such execution, the Global Notes shall be delivered to the Registrar and shall be authenticated by the Registrar (or by such other person as the Registrar may appoint for such purpose with the consent of the Issuer), and delivered to or to the order of the Issuer pursuant to a written direction of the Issuer.
(2) Owners of beneficial interests in the Global Notes will not, except in the limited circumstances described in Section 5 (Replacements, Exchange and Transfer of the Global Notes and the Certificated Notes), be entitled to receive Notes represented by Certificated Notes or to have Notes registered in their names and will not be considered holders thereof under this Agreement or the Notes. The Certificated Notes, if any, will be substantially in the form of the Global Notes attached as Schedule A with the appropriate changes thereto (and including a summary of terms and condition of the Notes), consistent with the provisions of this Agreement, as may be agreed between the Issuer and the Registrar.
(3) The Global Notes shall be issued and delivered only to or to the order of CDS & Co., as nominee for CDS or its successor appointed by the Issuer in accordance with Section 5 (Replacements,
Issue of the Notes. (1) The Notes shall be issued in the form of one or more fully registered Global Notes registered in the name of Cede & Co., as nominee of DTC, and shall be executed by the Issuer. The Global Notes will be substantially in the form attached as Schedule A, with such changes as may be agreed between the Issuer and the Registrar. The aggregate principal amount of Notes to be issued and outstanding at any time in the form of the Global Notes or physical certificates (the “Certificated Notes”) issued in accordance with Section 5 shall not exceed U.S.$1,400,000,000 except to the extent that Notes are further issued in accordance with Section 19. Forthwith after such execution, the Global Notes shall be delivered to the Registrar and shall be authenticated by the Registrar (or by such other person as the Registrar may appoint for such purpose with the consent of the Issuer), and delivered to or to the order of the Issuer pursuant to a written direction of the Issuer.
(2) Beneficial owners of Notes will not, except in the limited circumstances described in Section 5, be entitled to receive Notes represented by Certificated Notes or to have Notes registered in their names and will not be considered holders thereof under this Agreement. The Certificated Notes, if any, will be substantially in the form of the Global Notes attached as Schedule A with the appropriate changes thereto (and including the use of a summary of terms and condition of the Notes), consistent with the provisions of this Agreement, as may be agreed between the Issuer and the Registrar.
(3) The Global Notes shall be issued and delivered only to or to the order of Cede & Co., as nominee for DTC or its successor appointed by the Issuer in accordance with Section 5. The Global Notes shall be in the principal amount from time to time endorsed thereon. The Registrar shall cause DTC to establish on its book-entry Clearing System an account in the name of the Registrar, as registrar and transfer agent for the Notes (the “Registrar Segregated Account”), for the purpose of facilitating the initial distribution of Notes in accordance with procedures previously agreed to by the Issuer, the Registrar and DTC. The Registrar Segregated Account is maintained exclusively for book-keeping purposes and for purposes of facilitating timely transfers of Notes, and the Registrar shall not be deemed the owner or holder of the Notes recorded therein for any purpose under this Agreement or under the terms of the Notes. Th...
Issue of the Notes. The Issuer hereby creates and authorizes for immediate issue a Series of ▇▇▇▇▇ pursuant to the Master Indenture and this Twelfth Supplemental Indenture to be designated as "Medium-Term Notes" which shall be limited to an aggregate amount of $1,300,000,000.00 in lawful money of Canada. The aggregate amount of the Notes shall be calculated, in the case of interest bearing Notes, on the basis of the principal amount of such Notes issued, and in the case of non-interest bearing Notes, on the basis of the gross proceeds received by the Issuer. The Notes shall be issued from time to time in one or more series or issues pursuant to the Issuer's short form base shelf prospectus dated August 16, 20 IO or any prospectus filed with the securities regulatory authorities in replacement thereof (the "Prospectus") and the applicable pricing supplement (the "Pricing Supplement"), as amended and supplemented from time to time.
Issue of the Notes. The Issuer will issue the Notes on the terms, and subject to and in accordance with, the Indenture.
Issue of the Notes. The Company will issue registered Series B Notes, unlimited in amount, Up to the date of this Revised Trust Deed, the Company issued a total sum of NIS par value of registered Series B Notes, which pursuant to the terms of the Original Trust Deed are payable in 5 equal annual installments, on July 1 of each of the years 2011 to 2015, inclusive (the first installment to be was effected on July 1, 2011 and the last installment to be effected on July 1, 2015), bearing interest at a of 5.4% rate to be as was determined in the tender as described in the Company's Prospectus of February 2008, payable in semi-annual installments on July 1 and December 31 of each year in the years 2008 to 2015 (the first installment to be was effected on July 1, 2008 and the last installment to be effected on July 1, 2015), linked (principal Principal and interest) to the Consumer Price Index, for the month of December 2007, as was published on January 15, 2008, all pursuant to the terms set forth in the Note attached as Appendix A hereto. Up to the date of this Revised Trust Deed the Company repaid 3 Principal annual installments, on July 1st of the each of the years 2011 to 2013 in a total sum of NIS par value of Series B Notes.
(a) The Total Balance of Principal of the Series B Notes will be payable in 3 equal annual installments on July 1 of each of the years 2016 to 2018 inclusive (the first installment to be effected on July 1, 2016 and the last installment to be effected on July 1, 2018). However, if during the first two years from the Effective Date, the Company has repaid at least 50% of the Deferred Series B Notes Debt, then the balance of the Principal of the Series B Notes as it shall be at the end of the first two years after the Effective Date will be automatically delayed by one additional year and payable in 3 equal annual installments on July 1 of each of the years 2017 to 2019, inclusive.
(b) The Current Balance of Principal of the Series B Notes shall bear interest at a rate of 5.4% per annum until December 31, 2013 and then 6.9% per annum effective as per 1 January 2014, payable in semi-annual installments on July 1 and December 31 of each year (the first installment to be effected on the earlier of July 1 and December 31 following the Effective Date (“First Interest Payment Date”) and the last installment to be effected on July 1, 2018), linked (Principal and interest) to the Consumer Price Index, all pursuant to the terms set forth in the Note attached as App...
Issue of the Notes. 2.1 Form, Terms and Certification and Delivery of the Notes
2.1.1 The sixteenth series of Notes authorized to be issued from time to time hereunder, as one or more tranches, shall be designated “Medium Term Notes” and are herein sometimes called the “Notes”. The Notes may be issued by the Issuers in separate tranches from time to time in an unlimited aggregate principal amount and may only be validly issued when the aggregate principal amount of the relevant tranche of Notes to be issued, when added to the aggregate principal amount of all Notes previously or simultaneously issued under the Prospectus in effect on the date of issue, does not exceed the Program Amount. Upon any increase or decrease from time to time in the Program Amount, the Issuers shall forthwith deliver to the Trustee a copy of a Board Resolution of each of the Issuers approving such change certified by any one of the Board members or officers, as the case may be, of each of the Issuers, together with a copy of any amendment of or supplement to the Prospectus relating to such increase or decrease. Notes shall be delivered to the Trustee and shall be certified by or on behalf of the Trustee and delivered by it to or upon the receipt of a written order of each of the Issuers on the following terms:
Issue of the Notes. 10
2.1 Form, Terms and Certification and Delivery of the Notes 10 2.2 Execution of Notes 12 2.3 Certification 12 2.4 Additional Events of Default 13
Issue of the Notes. (A) Programme Agreement: The Notes will be issued pursuant to Clause 2(B) of, and on the terms of Clauses 2 to 5 (excluding Clause 3(B)(8)), 10 and 15 of, the Programme Agreement as modified by this Agreement. Unless otherwise defined in this Agreement, terms defined in the Programme Agreement shall have the same meanings in this Agreement. References in the Programme Agreement to Notes and Dealer(s) shall be construed as references to the Notes and the Manager or Managers, as the case may be, for the purposes of this Agreement.
Issue of the Notes. The Notes This Agreement relates to an issue of euro per cent. Guaranteed Notes due … of the Issuer (the "Notes" which expression shall, where the context admits, include the temporary global note (the "Temporary Global Note") and the permanent global note (the "Permanent Global Note" and, together with the Temporary Global Note, the "Global Notes") to be guaranteed by the Hellenic Republic (the "Guarantor"). Whilst in global form the Notes will have the benefit of deed of covenant to be dated ………..(the "Deed of Covenant").
Issue of the Notes. Each Note will be issued in the principal amount of $1,000 or any integral multiple of $1,000, shall be dated as provided in Section 2.01 of the Indenture and shall otherwise be in the form of the Notes set forth in Article Two of the Indenture.