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

  • Notice of such mandatory redemption shall be mailed (or otherwise delivered in accordance with the applicable procedures of the Depository) not more than five days following such Collateral Redemption Event to each Holder at its last address as it shall appear in the registry books of the Company and to the Trustee.

  • If notice of redemption has been given as provided below, the Debt Securities shall become due and payable on the date and at the place or places stated in such notice at the applicable Collateral Redemption Event Amount, together with accrued and unpaid interest to, but not including, the date fixed for redemption.

  • The provisions of this Article Three shall be applicable, as the case may be, (i) to any Debt Securities which are redeemable before their Stated Maturity or (ii) to any Debt Securities which are redeemable pursuant to a Collateral Redemption Event.

  • Following the occurrence of a Collateral Redemption Event, the Debt Securities shall be subject to mandatory redemption in whole but not in part no later than 30 days following such Event.

  • Party B Final Exchange Date: Subject to the provisions below, the Collateral MaturityDate.Party B Final Exchange Amount 1: The relevant Collateral Redemption Proceeds.

  • Party B Final Exchange Date: Each Collateral Maturity Date.Party B Final Exchange Amount: The relevant Collateral Redemption Proceeds.

  • Taxpayers cannot avoid tax on cash they could put in their pockets simply by using it for other purposes.

  • The Company shall notify the Trustee of the Collateral Redemption Event Amount applicable to such series being redeemed and the expected amount of unpaid accrued interest to but not including the date of redemption promptly after the calculation thereof and the Trustee shall have no responsibility for such calculation.

  • If the Notes fall due for redemption pursuant to a Collateral Default Event or Collateral Redemption Event no Fixed Amounts shall be payable by either party from (and including) the date on which Party A determined the Collateral Default Event or Collateral Redemption Event to have occurred.

  • Each such notice of redemption need not set forth the actual Collateral Redemption Event Amount but only the manner of calculation thereof.

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 (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.

  • 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, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • 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;