Accelerated Redemption Event definition

Accelerated Redemption Event means the "Accelerated Redemption Event" as defined in the Articles of Association of the Company.
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Accelerated Redemption Event means any Bankruptcy Event;
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Accelerated Redemption Event means the event which shall occur if the Class A Interest Amount remains unpaid for three (3) Business Days.
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Examples of Accelerated Redemption Event in a sentence

  • The Securityholders will not have the right to give directions (except where expressly provided in the Transaction Documents) or to claim against the Management Company in relation to the exercise of their respective rights or to exercise any such rights directly, even following the occurrence of an Accelerated Redemption Event or a Compartment Liquidation Event.

  • The yields to maturity on the Notes will be sensitive to and affected by the amount and timing of delinquencies and default on the Purchased Receivables, the level of the relevant Euribor Reference Rate with respect to the Class A Notes and the Class B Notes from time to time, the Prepayments, the occurrence of an Accelerated Redemption Event or any Compartment Liquidation Event.

  • The Noteholders will not have the right to give directions or instructions (except where expressly provided in Condition 7 (Redemption) of the Notes) or to claim against the Management Company in relation to the exercise of their respective rights or to exercise any such rights directly, even following the occurrence of an Accelerated Redemption Event.

  • Except after the occurrence of an Accelerated Redemption Event, the Secured Party shall give each Grantor at least one Business Day's telephonic notice before exercising the rights granted in the preceding sentence.

  • If any Class A Interest Amount remains unpaid after three (3) Business Days following the relevant Payment Date during the Revolving Period or the Normal Redemption, an Accelerated Redemption Event shall occur.

  • Each Grantor agrees, after the occurrence of an Accelerated Redemption Event, to take any actions that the Secured Party may reasonably request in order to enable the Secured Party to obtain and enjoy the full rights and benefits granted to them by the Equity Documents.

  • This will not constitute an Issuer Event of Default.To the extent that (i) no prior Accelerated Redemption Event has occurred, (ii) the Class B Notes are not the Most Senior Class of Notes and (iii) the debit balance of the Class B Principal Deficiency Sub- Ledger (before the distribution of any amounts according to the Interest Priority of Payments on such Payment Date) is equal to or exceeding 25 per cent.

  • At the election of the Secured Party, after the occurrence of an Accelerated Redemption Event and during the continuance thereof, each Grantor shall so notify such account debtors and obligors that payment thereof is to be made directly to the Secured Party, and the Secured Party may itself, at any time after the occurrence of an Accelerated Redemption Event and during the continuance thereof, without notice to or demand upon such Grantor, so notify such account debtors and obligors.

  • In the event that an Accelerated Redemption Event or a Compartment Liquidation Event occurs, the Revolving Period or, as the case may be, the Normal Redemption Period shall automatically terminate and the Accelerated Redemption shall start.

  • The Put/Call Right could only be exercised upon delivery by NACG of an “Event Notice”, being either: (i) a redemption or purchase call for the redemption or purchase of the NAEPI Series B preferred shares in connection with (A) a redemption on December 31, 2011, or (B) an Accelerated Redemption Event (as defined in note 18(a)(ii)); or (ii) a notice in connection with a Liquidation Event (defined as a liquidation, winding-up or dissolution of NAEPI, whether voluntary or involuntary).


More Definitions of Accelerated Redemption Event

Accelerated Redemption Event means "Accelerated Redemption Event" as defined in the Articles.
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Accelerated Redemption Event as defined in the Articles.
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Accelerated Redemption Event shall have the meaning set forth in Section 8 hereof.
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Related to Accelerated Redemption Event

  • Redemption Event has the meaning set forth in Section 3.4.

  • Mandatory Redemption Event has the meaning given to it in Condition 8.7.

  • Automatic Early Redemption Event means that:

  • Tax Event Redemption Date means the date upon which a Tax Event Redemption is to occur.

  • Early Redemption Event means that R (k) is equal to or greater than the Early Redemption Level (k) on the respective Observation Date (k).

  • Tax Event Redemption Price means an amount equal to the unpaid principal amount of this Note to be redeemed, which shall be determined by multiplying (1) the Outstanding Principal Amount of this Note by (2) the quotient derived by dividing (A) the outstanding principal amount to be redeemed by Principal Life of the Funding Agreement by (B) the outstanding principal amount of the Funding Agreement.

  • Special Event Redemption Price has the meaning specified in Section 11.2.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Special Mandatory Redemption Event has the meaning specified in Section 3.02(a) hereto.

  • Optional Redemption Period shall have the meaning set forth in Section 6(a).

  • Tax Event Redemption means, if a Tax Event shall occur and be continuing, the redemption of the Notes, at the option of the Company, in whole but not in part, on not less than 30 days nor more than 60 days' written notice.

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.

  • Special Redemption Date has the meaning set forth in Section 10.2.

  • Initial Redemption Date means, with respect to any Note or portion thereof to be redeemed pursuant to Section 3.1(b), the date on or after which such Note or portion thereof may be redeemed as determined by or pursuant to the Indenture or a Note Certificate of Supplemental Indenture.

  • Optional Redemption Pricing Date means a Valuation Date on which a Redemption Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

  • Minimum Redemption means, in relation to the Euro Non-RDR ‘Retail’ Unhedged Distribution Shares, a minimum redemption of €250 or such lesser amount as may be agreed by the Directors;

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

  • Mandatory Redemption Date means, in respect of a Mandatory Redemption Event, the date designated as such in accordance with Condition 8.7.

  • Tax Redemption Date means, when used with respect to any Note to be redeemed pursuant to a Tax Redemption, the date fixed for such Tax Redemption pursuant to this Indenture.

  • Redemption Rescission Event means the occurrence of (a) any general suspension of trading in, or limitation on prices for, securities on the principal national securities exchange on which shares of Common Stock or Marketable Securities are registered and listed for trading (or, if shares of Common Stock or Marketable Securities are not registered and listed for trading on any such exchange, in the over-the-counter market) for more than six-and-one-half (6-1/2) consecutive trading hours, (b) any decline in either the Dow Xxxxx Industrial Average or the S&P 500 Index (or any successor index published by Dow Xxxxx & Company, Inc. or S&P) by either (i) an amount in excess of 10%, measured from the close of business on any Trading Day to the close of business on the next succeeding Trading Day during the period commencing on the Trading Day preceding the day notice of any redemption of Securities is given (or, if such notice is given after the close of business on a Trading Day, commencing on such Trading Day) and ending at the time and date fixed for redemption in such notice or (ii) an amount in excess of 15% (or if the time and date fixed for redemption is more than 15 days following the date on which such notice of redemption is given, 20%), measured from the close of business on the Trading Day preceding the day notice of such redemption is given (or, if such notice is given after the close of business on a Trading Day, from such Trading Day) to the close of business on any Trading Day at or prior to the time and date fixed for redemption, (c) a declaration of a banking moratorium or any suspension of payments in respect of banks by Federal or state authorities in the United States or (d) the occurrence of an act of terrorism or commencement of a war or armed hostilities or other national or international calamity directly or indirectly involving the United States which in the reasonable judgment of the Company could have a material adverse effect on the market for the Common Stock or Marketable Securities.

  • Early Preference Share Redemption Event means the event that occurs if:

  • Optional Redemption Notice shall have the meaning set forth in Section 6(a).