“Reinvestment Yield” means, with respect to the Called Principal of any Note, 0.50% over the yield to maturity implied by # the ask-side yields reported, as of (New York City local time) on the Business Day next preceding the Settlement Date with respect to such Called Principal, for actively traded U.S. Treasury securities having a maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date on the display designated “Page ” on Bloomberg Financial Markets (“Bloomberg”) (or, if Bloomberg shall cease to report such yields on Page or shall cease to be Prudential’s customary source of information for calculating yield-maintenance amounts on privately placed notes, then such source as is then Prudential’s customary source of such information), or if such yields shall not be reported as of such time or the yields reported as of such time shall not be ascertainable, # the Treasury Constant Maturity Series yields reported, for the latest day for which such yields shall have been reported as of the Business Day next preceding the Settlement Date with respect to such Called Principal, in Federal Reserve Statistical Release H.15 (519) (or any comparable successor publication) for actively traded U.S. Treasury securities having a constant maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date. Such implied yield shall be determined, if necessary, by # converting U.S. Treasury bill quotations to bond-equivalent yields in accordance with accepted financial practice and # interpolating linearly between yields reported for various maturities. The Reinvestment Yield shall be rounded to that number of decimal places as appears in the coupon for the applicable Note.
“Reinvestment Yield” means, with respect to the Called Principal of any Note, 0.50% over the yield to maturity implied by # the ask-side yields“Ask Yield(s)” reported, as of (New York City local time) on the Business Day next preceding the Settlement Date with respect to such Called Principal, for actively traded U.S. Treasury securities having a maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date on the display designated as “Page ”” on Bloomberg Financial Markets (“Bloomberg”) (or, if Bloomberg shall cease to report such yields on Page or shall cease to be Prudential’’s customary source of information for calculating yield-maintenancemake-whole amounts on privately placed notes, then such source as is then Prudential’’s customary source of such information), or if such yields shall not be reported as of such time or the yields reported as of such time shall not be ascertainable, # the Treasury Constant Maturity Series yieldsYields reported, for the latest day for which such yields shall have been so reported as of the second Business Day next preceding the Settlement Date with respect to such Called Principal, in Federal Reserve Statistical Release H.15 (519) (or any comparable successor publication) for actively traded U.S. Treasury securities having a constant maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date. Such implied yield shall be determined, if necessary, by # converting U.S. Treasury bill quotations to bond-equivalent yields in accordance with accepted financial practice and # interpolating linearly between yields reported for various maturities. The Reinvestment Yield shall be rounded to that number of decimal places as appears in the coupon for the applicable Note.
“Reinvestment Yield” means, with respect to the Called Principal of any Note, 0.50% over the yield to maturity implied by # the ask-side yields reported,yield(s) reported as of (New(New York City local time) on the second Business Day next preceding the Settlement Date with respect to such Called Principal, on the display designated as “Page ” (or such other display as may replace Page PX1) on Bloomberg Financial Markets for the most recently issued actively traded on-the-run U.S. Treasury securities (“Reported”) having a maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date onDate. If there are no such U.S. Treasury securities Reported having a maturity equal to such Remaining Average Life, then such implied yield to maturity will be determined by # converting U.S. Treasury bill quotations to bond equivalent yields in accordance with accepted financial practice and # interpolating linearly between the display designated “Page ” on Bloomberg Financial Markets (“Bloomberg”) (or, if Bloombergyields Reported for the applicable most recently issued actively traded on-the-run U.S. Treasury securities with the maturities # closest to and greater than such Remaining Average Life and # closest to and less than such Remaining Average Life. The Reinvestment Yield shall ceasebe rounded to reportthe number of decimal places as appears in the interest rate of the applicable Note. If such yields on Page are not Reported or shall cease to be Prudential’s customary source of information for calculating yield-maintenance amounts on privately placed notes, then such source as is then Prudential’s customary source of such information), or if suchthe yields shall not be reportedReported as of such time orare not ascertainable (including by way of interpolation), then “Reinvestment Yield” means, with respect to the yields reported asCalled Principal of such time shall not be ascertainable, #any Note, 0.50% over the yield to maturity implied by the U.S. Treasury Constant Maturity Seriesconstant maturity yields reported, for the latest day for which such yields shall have been so reported as of the second Business Day next preceding the Settlement Date with respect to such Called Principal, in Federal Reserve Statistical Release H.15 (519) (or any comparable successor publication) for actively tradedthe U.S. Treasury securitiesconstant maturity having a constant maturityterm equal to the Remaining Average Life of such Called Principal as of such Settlement Date. SuchIf there is no such U.S. Treasury constant maturity having a term equal to such Remaining Average Life, such implied yield shallto maturity will be determined, if necessary,determined by # converting U.S. Treasury bill quotations to bond-equivalent yields in accordance with accepted financial practice and # interpolating linearly between yields# the U.S. Treasury constant maturity so reported for various maturities.with the term closest to and greater than such Remaining Average Life and # the U.S. Treasury constant maturity so reported with the term closest to and less than such Remaining Average Life. The Reinvestment Yield shall be rounded to thatthe number of decimal places as appears in the coupon forinterest rate of the applicable Note.
“Reinvestment Yield” means, with respect to the Called Principal of any Note, 0.50% overthe sum of # .50% plus # the yield to maturity implied by # the ask-side yields reported,“Ask Yield(s)” reported as of (New York City local time) on the second Business Day next preceding the Settlement Date with respect to such Called Principal, on the display designated as “Page ” (or such other display as may replace Page PX1) on Bloomberg Financial Markets for the most recently issued actively traded on-the-run U.S. Treasury securities (“Reported”) having a maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date on the display designated “Page ” on Bloomberg Financial Markets (“Bloomberg”) (or, if Bloomberg shall cease to reportDate. If there are no such yields on Page or shall cease to be Prudential’s customary source of information for calculating yield-maintenance amounts on privately placed notes, then such source as is then Prudential’s customary source of such information), or if such yields shall not be reported as of such time or the yields reported as of such time shall not be ascertainable, # the Treasury Constant Maturity Series yields reported, for the latest day for which such yields shall have been reported as of the Business Day next preceding the Settlement Date with respect to such Called Principal, in Federal Reserve Statistical Release H.15 (519) (or any comparable successor publication) for actively traded U.S. Treasury securities Reported having a constant maturity equal to thesuch Remaining Average Life ofLife, then such Called Principal as of such Settlement Date. Such implied yield shallto maturity will be determined, if necessary,determined by # converting U.S. Treasury bill quotations to bond-bond equivalent yields in accordance with accepted financial practice and # interpolating linearly between yields reportedthe “Ask Yields” Reported for various maturities.the applicable most recently issued actively traded on-the-run U.S. Treasury securities with the maturities # closest to and greater than such Remaining Average Life and # closest to and less than such Remaining Average Life. The Reinvestment Yield shall be rounded to thatthe number of decimal places as appears in the coupon forinterest rate of the applicable Note.
“Reinvestment Yield” means, with respect to the Called Principal of any Note, 0.50% overthe sum of the # Applicable Percentage plus # the yield to maturity implied by # the ask-side yields reported,“Ask Yield(s)” reported as of (New York City local time) on the second Business Day next preceding the Settlement Date with respect to such Called Principal, on the display designated as “Page ” (or such other display as may replace Page PX1) on Bloomberg Financial Markets for the most recently issued actively traded on-the-run U.S. Treasury securities (“Reported”) having a maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date on the display designated “Page ” on Bloomberg Financial Markets (“Bloomberg”) (or, if Bloomberg shall cease to reportDate. If there are no such yields on Page or shall cease to be Prudential’s customary source of information for calculating yield-maintenance amounts on privately placed notes, then such source as is then Prudential’s customary source of such information), or if such yields shall not be reported as of such time or the yields reported as of such time shall not be ascertainable, # the Treasury Constant Maturity Series yields reported, for the latest day for which such yields shall have been reported as of the Business Day next preceding the Settlement Date with respect to such Called Principal, in Federal Reserve Statistical Release H.15 (519) (or any comparable successor publication) for actively traded U.S. Treasury securities Reported having a constant maturity equal to thesuch Remaining Average Life ofLife, then such Called Principal as of such Settlement Date. Such implied yield shallto maturity will be determined, if necessary,determined by # converting U.S. Treasury bill quotations to bond-equivalent yields in accordance with accepted financial practice and # interpolating linearly between yields reported for various maturities. The Reinvestment Yield shall be rounded to that number of decimal places as appears in the coupon for the applicable Note. Note Purchase Agreement Inc.
Reinvestment Yield”Yield means, with respect to the Called Principal of any Note, 0.50% over the yield to maturity implied by # the ask-side yields reported,yield(s) reported as of (New York City local time) on the second Business Day next preceding the Settlement Date with respect to such Called Principal, on the display designated as Page PX1 (or such other display as may replace Page PX1) on Bloomberg Financial Markets for the most recently issued actively traded on-the-run U.S. Treasury securities (Reported) having a maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date on the display designated “Page ” on Bloomberg Financial Markets (“Bloomberg”) (or, if Bloomberg shall cease to report such yields on Page or shall cease to be Prudential’s customary source of information for calculating yield-maintenance amounts on privately placed notes, then such source as is then Prudential’s customary source of such information), or if such yields shall not be reported as of such time or the yields reported as of such time shall not be ascertainable, # the Treasury Constant Maturity Series yields reported, for the latest day for which such yields shall have been reported as of the Business Day next preceding the Settlement Date with respect to such Called Principal, in Federal Reserve Statistical Release H.15 (519) (or any comparable successor publication) for actively traded U.S. Treasury securities having a constant maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date. Such implied yield shall be determined, if necessary, by # converting U.S. Treasury bill quotations to bond-equivalent yields in accordance with accepted financial practice and # interpolating linearly between yields reported for various maturities. The Reinvestment Yield shall be rounded to that number of decimal places as appears in the coupon for the applicable Note.If
If such yields are not Reported or the yields Reported as of such time are not ascertainable (including by way of interpolation), then “Reinvestment Yield” means, with respect to the Called Principal of any Note, the sum of # 0.50% overplus # the yield to maturity implied by # the ask-side yields reported, as of (New York City local time) on the Business Day next preceding the Settlement Date with respect to such Called Principal, for actively traded U.S. Treasury securities having aconstant maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date on the display designated “Page ” on Bloomberg Financial Markets (“Bloomberg”) (or, if Bloomberg shall cease to report such yields on Page or shall cease to be Prudential’s customary source of information for calculating yield-maintenance amounts on privately placed notes, then such source as is then Prudential’s customary source of such information), or if such yields shall not be reported as of such time or the yields reported as of such time shall not be ascertainable, # the Treasury Constant Maturity Series yields reported, for the latest day for which such yields shall have been so reported as of the second Business Day next preceding the Settlement Date with respect to such Called Principal, in Federal Reserve Statistical Release H.15 (519) (or any comparable successor publication) for actively tradedthe U.S. Treasury securitiesconstant maturity having a constant maturityterm equal to the Remaining Average Life of such Called Principal as of such Settlement Date. SuchIf there is no such U.S. Treasury constant maturity having a term equal to such Remaining Average Life, such implied yield shallto maturity will be determined, if necessary,determined by # converting U.S. Treasury bill quotations to bond-equivalent yields in accordance with accepted financial practice and # interpolating linearly between yields# the U.S. Treasury constant maturity so reported for various maturities.with the term closest to and greater than such Remaining Average Life and # the U.S. Treasury constant maturity so reported with the term closest to and less than such Remaining Average Life. The Reinvestment Yield shall be rounded to thatthe number of decimal places as appears in the coupon forinterest rate of the applicable Note.
If such yields are not Reported or the yields Reported as of such time are not ascertainable (including by way of interpolation), then “Reinvestment Yield” means, with respect to the Called Principal of any Note, 0.50% overthe sum of # .50% plus # the yield to maturity implied by # the ask-side yields reported, as of (New York City local time) on the Business Day next preceding the Settlement Date with respect to such Called Principal, for actively traded U.S. Treasury securities having aconstant maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date on the display designated “Page ” on Bloomberg Financial Markets (“Bloomberg”) (or, if Bloomberg shall cease to report such yields on Page or shall cease to be Prudential’s customary source of information for calculating yield-maintenance amounts on privately placed notes, then such source as is then Prudential’s customary source of such information), or if such yields shall not be reported as of such time or the yields reported as of such time shall not be ascertainable, # the Treasury Constant Maturity Series yields reported, for the latest day for which such yields shall have been so reported as of the second Business Day next preceding the Settlement Date with respect to such Called Principal, in Federal Reserve Statistical Release H.15 (519) (or any comparable successor publication) for actively tradedthe U.S. Treasury securitiesconstant maturity having a constant maturityterm equal to the Remaining Average Life of such Called Principal as of such Settlement Date. SuchIf there is no such U.S. Treasury constant maturity having a term equal to such Remaining Average Life, such implied yield shallto maturity will be determined, if necessary,determined by # converting U.S. Treasury bill quotations to bond-equivalent yields in accordance with accepted financial practice and # interpolating linearly between yields# the U.S. Treasury constant maturity so reported for various maturities.with the term closest to and greater than such Remaining Average Life and # the U.S. Treasury constant maturity so reported with the term closest to and less than such Remaining Average Life. The Reinvestment Yield shall be rounded to thatthe number of decimal places as appears in the coupon forinterest rate of the applicable Note.
If such yields are not Reported or the yields Reported as of such time are not ascertainable (including by way of interpolation), then Reinvestment Yield means, with respect to the Called Principal of any Note, 0.50% over the yield to maturity implied by # the ask-side yields reported, as of (New York City local time) on the Business Day next preceding the Settlement Date with respect to such Called Principal, for actively traded U.S. Treasury securities having aconstant maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date on the display designated “Page ” on Bloomberg Financial Markets (“Bloomberg”) (or, if Bloomberg shall cease to report such yields on Page or shall cease to be Prudential’s customary source of information for calculating yield-maintenance amounts on privately placed notes, then such source as is then Prudential’s customary source of such information), or if such yields shall not be reported as of such time or the yields reported as of such time shall not be ascertainable, # the Treasury Constant Maturity Series yields reported, for the latest day for which such yields shall have been so reported as of the second Business Day next preceding the Settlement Date with respect to such Called Principal, in Federal Reserve Statistical Release H.15 (519) (or any comparable successor publication) for actively tradedthe U.S. Treasury securitiesconstant maturity having a constant maturityterm equal to the Remaining Average Life of such Called Principal as of such Settlement Date. SuchIf there is no such U.S. Treasury constant maturity having a term equal to such Remaining Average Life, such implied yield shallto maturity will be determined, if necessary,determined by # converting U.S. Treasury bill quotations to bond-equivalent yields in accordance with accepted financial practice and # interpolating linearly between yields# the U.S. Treasury constant maturity so reported for various maturities.with the term closest to and greater than such Remaining Average Life and # the U.S. Treasury constant maturity so reported with the term closest to and less than such Remaining Average Life. The Reinvestment Yield shall be rounded to thatthe number of decimal places as appears in the coupon forinterest rate of the applicable Note.
If such yields are not Reported or the yields Reported as of such time are not ascertainable (including by way of interpolation), then “Reinvestment Yield” means, with respect to the Called Principal of any Note, 0.50% overthe sum of # the Applicable Percentage plus # the yield to maturity implied by # the ask-side yields reported, as of (New York City local time) on the Business Day next preceding the Settlement Date with respect to such Called Principal, for actively traded U.S. Treasury securities having aconstant maturity equal to the Remaining Average Life of such Called Principal as of such Settlement Date on the display designated “Page ” on Bloomberg Financial Markets (“Bloomberg”) (or, if Bloomberg shall cease to report such yields on Page or shall cease to be Prudential’s customary source of information for calculating yield-maintenance amounts on privately placed notes, then such source as is then Prudential’s customary source of such information), or if such yields shall not be reported as of such time or the yields reported as of such time shall not be ascertainable, # the Treasury Constant Maturity Series yields reported, for the latest day for which such yields shall have been so reported as of the second Business Day next preceding the Settlement Date with respect to such Called Principal, in Federal Reserve Statistical Release H.15 (519) (or any comparable successor publication) for actively tradedthe U.S. Treasury securitiesconstant maturity having a constant maturityterm equal to the Remaining Average Life of such Called Principal as of such Settlement Date. SuchIf there is no such U.S. Treasury constant maturity having a term equal to such Remaining Average Life, such implied yield shallto maturity will be determined, if necessary,determined by # converting U.S. Treasury bill quotations to bond-equivalent yields in accordance with accepted financial practice and # interpolating linearly between yields# the U.S. Treasury constant maturity so reported for various maturities.with the term closest to and greater than such Remaining Average Life and # the U.S. Treasury constant maturity so reported with the term closest to and less than such Remaining Average Life. The Reinvestment Yield shall be rounded to thatthe number of decimal places as appears in the coupon forinterest rate of the applicable Note.
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