Collateral Redemption definition

Collateral Redemption means, for any reason whatsoever, any of the Collateral becomes repayable or becomes capable of being declared due and payable prior to the stated date of maturity in accordance with its terms;
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Examples of Collateral Redemption in a sentence

  • Party A and Party B agree that payments by Party B of such Post Collateral Redemption Cash Settlement Amount will be discharged by any Collateral Redemption Proceeds to the extent that any Collateral Redemption Proceeds have been paid by Party B to Party A pursuant to the terms of the Interest Rate Swap and have not been previously applied in discharging any prior Cash Settlement Amount or prepaid to Party B in accordance with the terms of the Interest Rate Swap.

  • On each Collateral Redemption Date the Issuer will deliver or cause to be delivered the Collateral (or the relevant part thereof) or the full scheduled redemption proceeds thereof to the Swap Counterparty.

  • Except for the election of Votign Members and Officers, ATAC may conduct business by e-mail if the ATAC Chair determines that action on the business to be conducted must be taken prior to the next ATAC scheduled meeting.

  • Redemption Redemption following a Collateral Default Event or Collateral Redemption Event:Condition 7(b)(1) is not applicable.

  • The Collateral Fiduciary shall notify the Issuer without delay of the determined Insufficient Collateral Redemption Amount.

  • Delivery of the Collateral Redemption Entitlement and/or payment of the Cash Redemption Entitlement in accordance with the foregoing provisions shall constitute full and final satisfaction of all of the Issuer’s obligations to make any payment of all or the relevant pro rata part of the principal in respect of the Notes and of any interest accruing in respect of such principal amount at any time after the first day of the Interest Period during which the Redemption Event occurs.

  • Formula for calculating the Equity Original Collateral Redemption Amount and the Additional Payout Amount in respect of the Class E NotesThe Additional Payout Amount (if any) payable in respect of the Class E Notes is expected to be funded by the Equity Original Collateral Redemption Amount (if any) receivable by the Issuer on 3 August 2023, subject to postponement in accordance with the terms of the Equity Original Collateral (the “Equity Original Collateral Maturity Date”).

  • Party B Final Exchange Amount 1: Subject as provided below, the relevant Collateral Redemption Proceeds.

  • Following a Collateral Default Event or Collateral Redemption Event, the Noteholders will, in lieu of cash redemption, be delivered a pro rata share of the Charged Assets less an amount of Charged Assets the value of which is equal to the amount (if any) payable to the Counterparty upon termination of the Charged Agreement or together with a pro rata share of the amount (if any) payable by the Counterparty upon termination of the Charged Agreement.

  • Interim Exchange – Party B Interim Exchange Dates: Each date on which the Collateral or any part thereof isredeemed or scheduled to be redeemed at par in whole or in part in accordance with its terms (each such date, a "Collateral Redemption Date").Interim Exchange Amount: The Collateral being redeemed or proceeds of redemption atpar (or, if greater, the full scheduled redemption proceeds) of the Collateral.

Related to Collateral Redemption

  • Special Redemption has the meaning set forth in Section 15.1.A hereof.

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

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

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.

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

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Note Redemption Date means, with respect to any Notes to be redeemed under the Indenture, the date fixed for redemption of such Notes under the Indenture.

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • 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.

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest on the Debenture and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Final Redemption Value means the Underlying Reference Value.

  • Tax Redemption The meaning specified in Section 9.3(a) hereof.

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

  • 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.

  • 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 Amount (Put) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • 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.

  • Final Redemption Settlement Date means the day that falls three Currency Business Days after the Final Redemption Date.

  • Monthly Redemption Amount means, as to a Monthly Redemption, one seventh of the original principal amount at 110% of such principal amount, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Note.

  • Optional Redemption Price means $25,000 per share 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 plus any applicable redemption premium attributable to the designation of a Premium Call Period.

  • Change of Control Redemption Premium means 125%.

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).

  • Change of Control Redemption Date shall have the meaning set forth in Section 7.2;

  • Change of Control Redemption Price shall have the meaning set forth in Section 7.3;