Dissolution Event Amount definition

Dissolution Event Amount means, in respect of any Trust Certificate, its face amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;
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Dissolution Event Amount means, in relation to the Trust Certificates to be redeemed on the Dissolution Event Dissolution Date, the sum of:
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Dissolution Event Amount means, in relation to the Certificates to be redeemed on the Dissolution Event Redemption Date, the Dissolution Distribution Amount;
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Examples of Dissolution Event Amount in a sentence

  • Upon the occurrence of a Dissolution Event, the Certificates may be redeemed at the Dissolution Event Amount and the Certificates shall cease to represent interests in the Trust Assets, in each case subject to, and as more particularly specified in, Condition 10 (Dissolution Events).

  • Upon the occurrence of a Dissolution Event, the Certificates shall be redeemed at the Dissolution Event Amount, subject to and as more particularly described in Condition 15 (Dissolution Events) and this Condition 11 (Capital Distributions).

  • The Trustee shall use the proceeds thereof to redeem the Certificates at the Dissolution Event Amount on the date specified in the relevant Dissolution Event Notice (the relevant Dissolution Event Date).The foregoing provisions of this Condition 10(a) shall apply on each occasion (if any) on which a Dissolution Event occurs.

  • Upon the occurrence of a Dissolution Event, the Trust Certificates shall be redeemed at their Dissolution Event Amount specified in, or determined in the manner specified in, the applicable Final Terms, including all unpaid Periodic Distribution Amounts accrued (if any) to (but excluding) the Dissolution Event Redemption Date (the "Dissolution Event Amount"), subject to and as more particularly described in Condition 14 (Dissolution Events) and this Condition 10 (Capital Distributions of Trust).

  • Dissolution Event Amount means, in relation to each Certificate to be redeemed pursuant to Condition 7(c) (Redemption following a Dissolution Event), the sum of: (i) the outstanding face amount of such Certificate; and (ii) any due and unpaid Periodic Distribution Amounts for such Certificates.

Related to Dissolution Event Amount

  • Dissolution Event has the meaning set forth in Section 6.1.

  • Early Dissolution Event has the meaning specified in Section 9.2.

  • Liquidation Event With respect to any Mortgage Loan, any of the following events: (i) such Mortgage Loan is paid in full; (ii) a Final Recovery Determination is made as to such Mortgage Loan; or (iii) such Mortgage Loan is removed from REMIC I by reason of its being purchased, sold or replaced pursuant to or as contemplated by Section 2.03, Section 3.16(a) or Section 9.01. With respect to any REO Property, either of the following events: (i) a Final Recovery Determination is made as to such REO Property; or (ii) such REO Property is removed from REMIC I by reason of its being purchased pursuant to Section 9.01.

  • Distribution Event means any insolvency, bankruptcy, receivership, liquidation, reorganization or similar proceeding (whether voluntary or involuntary) relating to the Company or its property, or any proceeding for voluntary or involuntary liquidation, dissolution or other winding up of the Company, whether or not involving insolvency or bankruptcy.

  • Dissolution Distribution Amount means the Trustee Call Amount, the Capital Event Redemption Amount or the Tax Event Redemption Amount, as the case may be, or such other amount in the nature of a redemption amount as may be determined in accordance with these Conditions;

  • Deemed Liquidation Event means: (i) a merger or consolidation in which the Corporation is a constituent party or a subsidiary of the Corporation is a constituent party and the Corporation issues shares of its capital stock pursuant to such merger or consolidation, except any such merger or consolidation involving the Corporation or a subsidiary in which the shares of capital stock of the Corporation outstanding immediately prior to such merger or consolidation continue to represent, or are converted into or exchanged for shares of capital stock that represent, immediately following such merger or consolidation, at least a majority, by voting power, of the capital stock of the surviving or resulting corporation or if the surviving or resulting corporation is a wholly owned subsidiary of another corporation immediately following such merger or consolidation, the parent corporation of such surviving or resulting corporation; or (ii) the sale, lease, transfer, exclusive license or other disposition, in a single transaction or series of related transactions, by the Corporation or any subsidiary of the Corporation of all or substantially all the assets of the Corporation and its subsidiaries taken as a whole, or the sale or disposition (whether by merger or otherwise) of one or more subsidiaries of the Corporation if substantially all of the assets of the Corporation and its subsidiaries taken as a whole are held by such subsidiary or subsidiaries, except where such sale, lease, transfer, exclusive license or other disposition is to a wholly owned subsidiary of the Corporation.

  • Load Reduction Event means a reduction in demand by a Member or Special Member for the purpose of participating in the PJM Interchange Energy Market.

  • Dissolution Date means, as the case may be:

  • Make-Whole Fundamental Change Conversion Period has the following meaning:

  • Reduction Event means any of the following:

  • Winding Up Period means the period from the Dissolution Event to the Termination of the Company.

  • Amortization Event has the meaning specified in Article IX.

  • First Liquidation Target Amount has the meaning assigned to such term in Section 6.1(c)(i)(D).

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

  • Rapid Amortization Event has the meaning given to it in Section 5.16.

  • Acquisition Event means a merger or consolidation in which the Company is not the surviving entity, any transaction that results in the acquisition of all or substantially all of the Company’s outstanding Common Stock by a single person or entity or by a group of persons and/or entities acting in concert, or the sale or transfer of all or substantially all of the Company’s assets.

  • Disposition Event means any merger, consolidation or other business combination of the Corporation, whether effectuated through one transaction or series of related transactions (including a tender offer followed by a merger in which holders of Class A Common Stock receive the same consideration per share paid in the tender offer), unless, following such transaction, all or substantially all of the holders of the voting power of all outstanding classes of Common Stock and series of Preferred Stock that are generally entitled to vote in the election of Directors prior to such transaction or series of transactions, continue to hold a majority of the voting power of the surviving entity (or its parent) resulting from such transaction or series of transactions in substantially the same proportions as immediately prior to such transaction or series of transactions.

  • Conversion Event means the cessation of use of (i) a Foreign Currency both by the government of the country which issued such currency and for the settlement of transactions by a central bank or other public institutions of or within the international banking community, (ii) the ECU both within the European Monetary System and for the settlement of transactions by public institutions of or within the European Communities or (iii) any currency unit (or composite currency) other than the ECU for the purposes for which it was established.

  • Early Amortization Event means any Early Amortization Event specified in Section 5.01 of the Indenture.

  • 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.

  • Scheduled Dissolution Date means, in respect of each Series, the date specified as such in the applicable Final Terms;

  • Liquidation Period has the meaning set forth in Section 10.6 of this Agreement.

  • Reclassification Event means any of the following: (a) any reclassification or recapitalization of PubCo Common Stock (other than a change in par value, or from par value to no par value, or from no par value to par value, or as a result of a subdivision or combination or any transaction subject to Section 4.1(g)), (b) any merger, consolidation or other combination involving PubCo, or (c) any sale, conveyance, lease, or other disposal of all or substantially all the properties and assets of PubCo to any other Person, in each of clauses (a), (b) or (c), as a result of which holders of PubCo Common Stock shall be entitled to receive cash, securities or other property for their shares of PubCo Common Stock.

  • Capital Event means and includes: (i) any transaction involving the sale, exchange or other disposition of the Project or the Company (but excluding any incidental sales or exchanges of tangible personal property and fixtures), (ii) any financing, refinancing or borrowing secured by the Project or the Company, and (iii) any condemnation or recovery of damage awards and property insurance proceeds (excluding proceeds from any rent or business interruption insurance).