Earliest Optional Redemption Date means the date specified in the Certificate of Fiscal Officer as the earliest date on which Bonds may be called for redemption at the option of the Municipality.
Earliest Optional Redemption Date means the date, if any, specified as the Earliest Optional Redemption Date for the Bonds in the Certificate of Award, as hereinafter defined.
Earliest Optional Redemption Date means the anniversary of the Conversion Date occurring in the year which is one year after the commencement of any such Medium-Term Rate Period. *During a Medium-Term Rate Period of greater than three calendar years but less than or equal to five calendar years, each Bond will be subject to optional redemption by the Authority at the direction of the Company on the dates and at the redemption prices set forth in the following table plus accrued and unpaid interest to the redemption date: REDEMPTION DATE REDEMPTION PRICES --------------- ----------------- Earliest Optional Redemption Date through 101% the last day prior to the First Anniversary of the Earliest Optional Redemption Date First Anniversary of the Earliest Optional 100.5 Redemption Date through the last day prior to the Second Anniversary of the Earliest Optional Redemption Date Second Anniversary of the Earliest Optional 100 Redemption Date and thereafter
Examples of Earliest Optional Redemption Date in a sentence
The Bonds are non-callable for redemption to the Earliest Optional Redemption Date, except as hereinafter provided with respect to mandatory redemption of any Bonds which are Term Bonds.
More Definitions of Earliest Optional Redemption Date
Earliest Optional Redemption Date means with respect to any Fixed Rate Period (other than the Initial Fixed Rate Period), the Interest Payment Date which is closest to the Midpoint Date.
Earliest Optional Redemption Date means the anniversary of the Conversion Date occurring in the year which is four years after the commencement of any such Medium-Term Rate Period.
Earliest Optional Redemption Date means the anniversary of the Conversion Date occurring in the year which is two years after the commencement of any such Medium-Term Rate Period. *During a Medium-Term Rate Period of greater than five but less than or equal to ten calendar years, the Bonds will be subject to optional redemption by the Authority at the direction of the Company on the dates and at the redemption prices set forth in the following table plus accrued and unpaid interest to the redemption date: Redemption Date Redemption Prices Earliest Optional Redemption Date through 101.5% the last day prior to the First Anniversary of the Earliest Optional Redemption Date First Anniversary of the Earliest Optional 101 Redemption Date through the last day prior to the Second Anniversary of the Earliest Optional Redemption Date Second Anniversary of the Earliest Optional 100.5 Redemption Date through the last day prior to the Third Anniversary of the Earliest Optional Redemption Date Third Anniversary of the Earliest Optional 100 Redemption Date and thereafter
Earliest Optional Redemption Date means, with respect to the Series 2000 Bonds, the date or dates, if any, specified as such in the Series 2000 Certificate of Award, provided that such date shall be a principal retirement date.
Earliest Optional Redemption Date means the anniversary of the Conversion Date occurring in the year which is ten years after the Fixed Rate Conversion Date. *Subject to the provisions of the Indenture, if prior to a Medium-Term Rate Conversion Date or the Fixed Rate Conversion Date the Remarketing Agents certify to the Trustee, the Authority and the Company in writing that any of the foregoing redemption schedules are not consistent with then prevailing market conditions, with the approval of the Authority and the Company, the foregoing Earliest Optional Redemption Dates or premiums may be revised in accordance with the best professional judgment of the Remarketing Agents to reflect then prevailing market conditions; provided, that the Company causes to be delivered to the Trustee an Opinion of Bond Counsel stating to the effect that such revision is permitted by the Indenture and will not cause the interest on the Bonds to be includible in gross income for federal income tax purposes. *EXTRAORDINARY OPTIONAL REDEMPTION. The Bonds may be redeemed at the option of the Authority exercised at the direction of the Company, as a whole or in part at any time, at a redemption price equal to 100% of the principal amount thereof plus accrued and unpaid interest thereon to the date fixed for redemption, upon the occurrence of any of the following events:
Earliest Optional Redemption Date means the later of (i) the first date on which Banro and its subsidiaries have achieved total cumulative gold production pursuant to the Existing Permits of 800,000 oz. from the Closing Date and (ii) the fifth anniversary of the Closing Date. Commencing on the Earliest Optional Redemption Date, if the Company has delivered not more than 60 days’ nor less than 30 days’ notice thereof, the Company may, at its option, redeem all or from time to time any number of the then outstanding Preferred Shares upon the payment per Preferred Share being redeemed of (A) the Liquidation Preference thereof as of the date fixed for redemption plus (B) an amount equal to (i) the dividend accrued per Barbados Preferred Share on the most recent Dividend Payment Date multiplied by (ii) a fraction equal to the number of days elapsed since such Dividend Payment Date divided by 90 plus (C) an amount equal to 2% of the Liquidation Preference at the time of redemption. The Company will not elect to redeem, at its option, the Barbados Preferred Shares unless Banro has also elected, at its option, to redeem the Series A Shares on a pro rata basis.
Earliest Optional Redemption Date means the anniversary of the Conversion Date occurring in the year which is ten years after the Fixed Rate Conversion Date. *Subject to the provisions of the Indenture, if prior to a Medium-Term Rate Conversion Date or the Fixed Rate Conversion Date the Remarketing Agents certify to the Trustee, the Authority and the Company in writing that any of the foregoing redemption schedules are not consistent with then prevailing market conditions, with the approval of the Authority and the Company, the foregoing Earliest Optional Redemption Dates or premiums may be revised in accordance with the best professional judgment of the Remarketing Agents to reflect then prevailing market conditions; provided, that the Company causes to be delivered to the Trustee an Opinion of Bond Counsel stating to the effect that such revision is permitted by the Indenture and will not cause the interest on the Bonds to be includible in gross income for federal income tax purposes. *Extraordinary Optional Redemption. The Bonds may be redeemed at the option of the Authority exercised at the direction of the Company, as a whole or in part at any time, at a redemption price equal to 100% of the principal amount thereof plus accrued and unpaid interest thereon to the date fixed for redemption, upon the occurrence of any of the following events: