Web•“(15) Incurrence of a financial obligation of the obligated person, if material, or agreement to covenants, events of default, remedies, priority rights, or other similar terms of a financial obligation of the obligated person, any of which affect security holders, if material” Note the reference to materiality WebIncurrence definition, the act of incurring, bringing on, or subjecting oneself to something. See more.

SEC Disclosure of Rating Changes Financial Obligations

Web(15) Incurrence of a financial obligation of the obligated person, if material, or agreement to covenants, events of default, remedies, priority rights, or other similar terms of a financial … WebOct 10, 2024 · The amendments to the Rule, adopted on August 15, 2024, focus on material financial obligations that could impact an Issuer's liquidity, overall creditworthiness, or … steak stuffed peppers with provolone cheese

Notice of Listed Event – Incurrence of Financial Obligation

WebNov 12, 2024 · The SEC also addressed when a financial obligation is considered “incurred” for purposes of the new events. A financial obligation is incurred and the 10-business-day clock for submitting a notice begins to run when the obligation is legally enforceable against the obligated person. WebGeneral Obligation Certificates, Series of June 2024 (the “Certificates”), in the principal amount of $1,200,000,000 to the Municipal Liquidity Facility LLC in a private placement … WebThe SEC indicated that a financial obligation generally should be considered to be incurred when it is enforceable, noting that this is consistent with similar concepts in corporate … steak sub delivery near me