Examples of Coupon Payments in a sentence
Payment of the Maturity Payment Amount or the Optional Redemption Price, as applicable, and any Contingent Coupon Payments on this Security will be made in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts.
Notwithstanding the foregoing, for so long as this Security is a Global Security registered in the name of the Depositary, any payments on this Security will be made to the Depositary by wire transfer of immediately available funds.Payment of the Maturity Payment Amount or the Call Price, as applicable, and any Contingent Coupon Payments on this Security will be made in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts.
The Cancap is redeemable at the option of the Issuer, in whole at any time or in part from time to time, at a redemption price equal to the then outstanding Face Amount (or portion thereof called for redemption, as the case may be), together, in each case, with accrued and unpaid Coupon Payments, if any, to the redemption date.
Until the Issuer converts any unpaid Face Amount and accrued and unpaid Coupon Payments to Shares, the Holder shall have under this Section 6 none of the rights or obligations of a shareholder of the Issuer.
Payment of the Maturity Payment Amount or the Call Price, as applicable, and any Contingent Coupon Payments on this Security will be made in such coin or currency of the United States of America as at the time of payment is legal tender for payment of public and private debts.
Each new Cancap shall be dated the date to which the Coupon Payment shall have been paid on such surrendered Cancap and future Coupon Payments shall accrue from such date.
On and after any redemption date, Coupon Payments will cease to accrue on the Cancap or portion thereof called for redemption.
Each Conversion Notice shall specify (a) the unpaid Face Amount of the Cancap, (b) accrued and unpaid Coupon Payments payable thereon, (c) the Conversion Price and (d) the number of Shares to be issued and delivered upon conversion.
Coupon Payments for any full period will be computed on the basis of a 360-day year of twelve 30-day months and for any period other than a full period will be computed on the basis of the actual number of days elapsed during the period and a 365-day year.
In addition to the number of Common Shares issuable upon such conversion, each Holder will have the right to receive an amount payable in cash equal to any Deferred Coupon Payments to, but excluding, the Coupon Payment Date preceding the date of the conversion, and accrued and unpaid coupon payments from such preceding Coupon Payment Date to, but excluding the date of the Enforcement Event.