Additional Mandatory Redemption Event definition

Additional Mandatory Redemption Event means, for the purpose of Condition 2(b)(2) (as amended), the occurrence of any of the following:
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Additional Mandatory Redemption Event means the occurrence, without the unanimous affirmative consent or waiver, in writing, of the Designated Owners of all Outstanding VRTP Shares, of any of the following events:
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Additional Mandatory Redemption Event means, for the purpose of Condition 7(b)(2) (as amended), the Calculation Agent, in its sole discretion and acting in good faith, determines the occurrence of any of the following:
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Examples of Additional Mandatory Redemption Event in a sentence

  • In certain circumstances, described in the Conditions of the Notes, the Notes will be redeemed early pursuant to a Mandatory Redemption Event or an Additional Mandatory Redemption Event or Optional Redemption and Noteholders shall be entitled to receive only such amount as is available following the sale, redemption or other means of realisation of the Charged Assets, subject to the provisions of the Notes described under ‘Limited recourse’ above.

  • In certain circumstances, described in the Conditions of the Notes, the Notes will be redeemed early pursuant to a Mandatory Redemption Event, or an Additional Mandatory Redemption Event or Optional Redemption and Noteholders shall be entitled to receive only such amount as is available following the sale, redemption or other means of realisation of the Charged Assets, subject to the provisions of the Notes described under ‘Limited recourse’ above.

  • In the event that the Custodian reasonably determines that it is impossible or illegal for Collateral Securities to be so delivered, this will constitute an Additional Mandatory Redemption Event for the purposes of Condition 7(b).

  • Each future Designated Owner of any VRTP Shares shall be a third-party beneficiary of this Annex and shall have the full right, power, and authority to enforce the obligations of the Fund hereunder, including without limitation, the obligations of the Fund in respect of each Additional Increased Rate Event and each Additional Mandatory Redemption Event, all as if such Designated Owner were a party to the Purchase Agreement.

  • In certain circumstances, described in the Conditions of the Notes, the Notes will be redeemed early pursuant to a Mandatory Redemption Event, an Additional Mandatory Redemption Event or a redemption event pursuant to Condition 2(c)(A)(1) and Noteholders shall be entitled to receive only such amount as is available following the sale or redemption of the Charged Assets, as the case may be, subject to the provisions of the Notes described under “Limited recourse” above.

  • The Mortgaged Property may become enforceable if the Notes or any of them have become due and repayable (for example, due to acceleration following the occurrence of a Tax Event, Mandatory Redemption Event, Additional Mandatory Redemption Event or an Event of Default) and have not been repaid.

  • The occurrence of an Event of Default in accordance with the terms of either Securities Lending Agreement shall be an Additional Mandatory Redemption Event for the purposes of Condition 7(b)(3).

  • If a Note Redemption Event occurs (regardless of whether or not it is continuing) and the Swap Counterparty delivers a Note Event Notice to the Issuer pursuant to the Charged Agreement, each Note shall be redeemed by payment of the Note Redemption Amount in respect of each Note in accordance with the following provisionsand, accordingly, Condition 7(b) (Mandatory Redemption) shall not apply, save in respect of an Illegality Event which shall be an Additional Mandatory Redemption Event.

  • If a Note Redemption Event occurs (regardless of whether or not it is continuing) and the Swap Counterparty delivers a Note Event Notice to the Issuer, all the Notes outstanding (and not some only) shall be redeemed by payment of the Note Redemption Amount in respect of each Note in accordance with the following provisions and, accordingly, Condition 7(b) (Mandatory Redemption) shall not apply, save in respect of an Illegality Event which shall be an Additional Mandatory Redemption Event.

  • The reduction of the Aggregate Funded Amount of the Note on a Cash Settlement Date as described in Special Condition (C) above shall constitute an Additional Mandatory Redemption Event for the purpose of Condition 7(b)(4).


More Definitions of Additional Mandatory Redemption Event

Additional Mandatory Redemption Event means, for the purpose of Condition 2(b)(2) (as amended), that the Issuer determines that its obligations under the Notes at any time become illegal.
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Additional Mandatory Redemption Event means, for the purpose of Condition
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Related to Additional Mandatory Redemption Event

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

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

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

  • Special Mandatory Redemption Date has the meaning set forth in Section 3.02(b) hereto.

  • Special Mandatory Redemption Price has the meaning set forth in Section 4.03(a).

  • Special Mandatory Redemption has the meaning provided in Section 3.02(a).

  • Mandatory Redemption means a redemption of ETP Securities in accordance with Condition 8.7.

  • Mandatory Redemption Price means $25,000 per share of AMPS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends.

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

  • Mandatory Redemption Settlement Date means, in respect of a Mandatory Redemption Event, the day that falls three Currency Business Days after the day on which the Issuer has received payment in full from the Margin Loan Provider of the amounts payable in respect of the termination of the LS Margin Account Agreement.

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

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

  • Automatic Early Redemption Event means that:

  • 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.

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

  • 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.

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

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

  • 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.

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

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

  • 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.

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

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

  • Early Redemption Date means the date on which the Notes become due and payable pursuant to Condition 9;

  • 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.