issuance costs
Defined in 2 places of the United States Code.
The term “issuance costs”—
(A) means issuance fees and commissions incurred by the Funding Corporation in connection with the issuance or servicing of any obligation of the Funding Corporation; and
(B) includes legal and accounting expenses, trustee and fiscal and paying agent charges, costs incurred in connection with preparing and printing offering materials, and advertising expenses, to the extent that any such cost or expense is incurred by the Funding Corporation in connection with issuing any obligation.
Source
- 1994–present12 U.S.C. § 1441BBanks and Banking · Resolution Funding Corporation established · for purposes of this section
The term “issuance costs”—
(i) means issuance fees and commissions incurred by the Financing Corporation in connection with the issuance or servicing of any obligation of the Financing Corporation; and
(ii) includes legal and accounting expenses, trustee and fiscal and paying agent charges, costs incurred in connection with preparing and printing offering materials, and advertising expenses, to the extent that any such cost or expense is incurred by the Financing Corporation in connection with issuing any obligation.
Source
- 1994–present12 U.S.C. § 1441Banks and Banking · Financing Corporation · in this section