Common Share Interest Payment Election Notice definition

Common Share Interest Payment Election Notice means a written notice made by the Corporation to the Trustee specifying: (i) the Interest Obligation to which the election relates; (ii) the Common Share Interest Payment Election Amount; (iii) the investment banks, brokers or dealers through which the Trustee shall seek bids to purchase the Common Shares and the conditions of such bids, which may include the minimum number of Common Shares, minimum price per Common Share, timing for closing for bids and such other matters as the Corporation may specify; and (iv) that the Trustee shall accept through the investment banks, brokers or dealers selected by the Corporation only those bids which comply with such notice;
Common Share Interest Payment Election Notice means a written notice made by the Corporation to the Indenture Trustee specifying:
Common Share Interest Payment Election Notice means a written notice made by the Corporation to the Debenture Trustee specifying:

Examples of Common Share Interest Payment Election Notice in a sentence

  • The Common Share Interest Payment Election Notice shall direct the Trustee to solicit and accept only, and each Common Share Bid Request shall provide that the acceptance of any bid is conditional on the acceptance of, sufficient bids to result in aggregate proceeds from such issue and sale of Common Shares which, together with the cash payments by the Corporation in lieu of fractional Common Shares, if any, equal the Interest Obligation on the Common Share Delivery Date.

  • Such Common Share Interest Payment Election Notice shall provide that all or a portion of the Interest Obligation may be paid by the Corporation in Common Shares, and if only a portion of the Interest Obligation is to be paid in Common Shares, the Common Share Interest Payment Election shall state such portion to be paid in Common Shares and such portion to be paid in cash.

  • The Common Share Interest Payment Election Notice shall direct the Trustee to solicit and accept only, and each Common Share Bid Request shall provide that the acceptance of any bid is conditional on the acceptance of, sufficient bids to result in aggregate proceeds from such issue and sale of Common Shares which, together with the cash payments to be made by the Corporation in lieu of fractional Common Shares, if any, equal the Interest Obligation on the Common Share Delivery Date.

  • The Common Share Interest Payment Election Notice shall direct the Trustees to solicit and accept only, and each Common Share Bid Request shall provide that the acceptance of any bid is conditional on the acceptance of sufficient bids to result in aggregate proceeds from such issue and sale of Common Shares which, together with the cash payments by the Corporation in lieu of fractional Common Shares, if any, equal the Interest Obligation on the Common Share Delivery Date.

  • If the Corporation elects to exercise such option, it will deliver a Common Share Interest Payment Election Notice to the holders of the Debentures substantially in the form of Schedule D.


More Definitions of Common Share Interest Payment Election Notice

Common Share Interest Payment Election Notice means a written notice made by the Corporation to the Trustee and the Holders specifying:
Common Share Interest Payment Election Notice means a written notice made by the Issuer to the Trustee (acting as agent or mandatary for and for the benefit of Holders and/or Beneficial Holders) specifying:
Common Share Interest Payment Election Notice has the meaning attributed thereto in Section 10.1(a);
Common Share Interest Payment Election Notice means a written notice made by the Company to the Trustee specifying: (i) the Interest Obligation to which the election relates; (ii) the Common Share Interest Payment Election Amount; (iii) the investment banks, brokers or dealers through which the Company shall seek bids to purchase the Common Shares and the conditions of such bids, which may include the minimum number of Common Shares, minimum price per Common Share, timing for closing for bids and such other matters as the Company may specify; and (iv) that the Company shall accept through the investment banks, brokers or dealers only those bids which comply with such notice;
Common Share Interest Payment Election Notice means a written notice made by the Corporation to the Trustees specifying:
Common Share Interest Payment Election Notice means a written notice made by the Corporation to the Debenture Trustee specifying: (i) the Interest Obligation to which the election relates; (ii) the Common Share Interest Payment Election Amount; (iii) the investment banks, brokers or dealers through which the Debenture Trustee shall seek bids to purchase the Common Shares and the conditions of such bids, which may include the minimum number of Common Shares, minimum price per Common Share, timing for closing for bids and such other matters as the Corporation may specify; and (iv) that the Debenture Trustee shall accept through the investment banks, brokers or dealers selected by the Corporation only those bids which comply with such notice;
Common Share Interest Payment Election Notice means a written notice made by the Issuer to the Share Trustee-Custodian specifying: (i) the Interest Obligation to which the election relates; (ii) the Common Share Interest Payment Election Amount; (iii) the investment banks, brokers or dealers through which the Share Trustee-Custodian shall seek bids to purchase the Common Shares and the conditions of such bids, which may include the minimum number of Common Shares, minimum price per Common Share, timing for closing for bids and such other matters as the Issuer may specify; and (iv) that the Share Trustee-Custodian shall accept through the investment banks, brokers or dealers selected by the Issuer only those bids which comply with such notice.