Early Redemption Premium definition

Early Redemption Premium has the meaning set forth in Section 3.07. “Energas Joint Venture” means the joint venture in respect of the Energas power plant joint venture in Cuba carried on by Energas S.A. and its successors and assigns from time to time.
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Early Redemption Premium means with respect to the MRP Shares, the Floating Rate Premium, if any, plus an amount equal to the Floating Rate Breakage Amount, if any, for such MRP Shares. For the purposes of determining the Early Redemption Premium, the following term has the following meaning:
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Early Redemption Premium means, with respect to any redemption pursuant to Section 5 hereof, an amount equal to (i) $2.00 per share if the Redemption Date for such redemption falls before the second anniversary of the Issue Date, (ii) $1.00 per share if such Redemption Date falls on or after the second anniversary of the Issue Date but before the third anniversary of the Issue Date, and (iii) zero if such Redemption Date falls on or after the third anniversary of the Issue Date.
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Examples of Early Redemption Premium in a sentence

  • Once notice of redemption is mailed in accordance with Section 3.2 hereof, Bonds called for redemption shall become irrevocably due and payable at a redemption price equal to the applicable Early Redemption Amount thereof or Early Redemption Premium Amount on the Redemption Date.

  • If an individual holds the Note that is a Coupon Note until its maturity (or early redemption) and the individual acquired such Note on a secondary market at an amount below the nominal value of the Note (or below the amount paid by the Issuer upon an early redemption of the Note, but excluding the Early Redemption Premium, if any), such (positive) difference is also included in the individual’s general tax base.

  • However, the general tax base does not include the amount of the Discount, but rather the (positive) difference between the nominal value of the Note paid by the Issuer (or the amount paid by the Issuer upon an early redemption of the Note, but excluding the Early Redemption Premium, if any) and the price at which the individual acquired the Note.

  • In the event that the Sale of the Company takes place prior to the First Listing, the Company must also pay an Early Redemption Premium as calculated in Article 2.

  • There will be no Early Redemption Premium if the Early Redemption Date falls on or after the fifth anniversary of the Issue Date.

  • Payment of the cheque, warrant or bankers' draft shall be a good discharge to the Company.Example - Not for Subscription8.3 All payments of principal, interest, any Early Redemption Premium or other moneys to be made by the Company or the Registrar shall be made after any deductions or withholdings for or on account of any present or future taxes required to be deducted or withheld from such payments.

  • Additional Full Mandatory Early Redemption Premium –Second Verification DateEnvironmental SKPI0.05%0.075%Social SKPI0.05%0.075%The Additional Full Mandatory Early Redemption Premium shall be limited to ten hundredths (0.10%), in relation to the First Series Debentures, with respect to the non-compliance of the environmental SKPI and social SKPI, and twenty-five hundredths (0.25%), in relation to the Second Series Debentures, with respect to the non-compliance of the environmental SKPI and social SKPI.

  • Preferred Stock Redemption Price shall mean, at any date of determination, the sum of: (a) the "Liquidation Value" (as defined in Section 3.2(a) of the Certificate of Determination) at such date; plus (b) all accrued, but unpaid, dividends through and including such date; plus (c) if the redemption is being made on a Preferred Stock Early Redemption Date, then the Preferred Stock Early Redemption Premium required by Section 7.24.

  • For each Bond redeemed, the Issuer will, on the Early Redemption Date, pay to the Bondholder the Early Redemption Amount for the Bond plus the Early Redemption Premium (if applicable).

  • The Loan may be prepaid in certain limited circumstances (in whole or in part) by the Borrower subject, in certain circumstances, to the payment by the Borrower of an amount equal to any Early Redemption Premium payable by the Issuer in connection with a corresponding early redemption of the Notes.


More Definitions of Early Redemption Premium

Early Redemption Premium has the meaning set forth in Section 3.07.
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Related to Early Redemption Premium

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.

  • Early Redemption Amount (k) means the "Early Redemption Amount (k)" as calculated or, respectively specified by the Calculation Agent pursuant to § 4 (2) of the Special Conditions.

  • Early Redemption Date means the date on which the Notes become due and payable pursuant to Condition 9;

  • Automatic Early Redemption Amount means the Automatic Early Redemption Amount specified in the relevant Final Terms.

  • Early Redemption Amount (Tax) 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;

  • Maturity Redemption Payment means an amount per Deposit to which you are entitled on the Maturity Date based on the performance of the Reference Portfolio which is equal to your Principal Amount x (1 + Variable Return).

  • Early Redemption Factor (k) means the "Early Redemption Factor (k)" as specified in § 1 of the Product and Underlying Data.

  • Early Redemption Level (k) means the Early Redemption Factor (k) x R (initial).

  • Make-Whole Redemption Price means, in respect of each Bond, (a) the principal amount of such Bond or, if this is higher, (b) the sum of the then present values of the remaining scheduled payments of principal and interest discounted to the Optional Redemption Date on an annual basis (based on the actual number of days elapsed divided by 365 or (in the case of a leap year) by 366) at the Reference Dealer Rate (as defined below) plus 0.15 per cent., in each case as determined by the Determination Agent;

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

  • Change of Control Redemption Premium means 125%.

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

  • 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.

  • Automatic Early Redemption Date means each Automatic Early Redemption Date specified in the relevant Final Terms.

  • 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.

  • Make-Whole Redemption Amount means the sum of:

  • Early Redemption Event means that R (k) is equal to or greater than the Early Redemption Level (k) on the respective Observation Date (k).

  • Mandatory Redemption Price means $25,000 per share of AMPS 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.

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

  • 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.

  • Redemption Amount means, as appropriate, the Final Redemption Amount, the Early Redemption Amount (Tax), the Optional Redemption Amount (Call), the Optional Redemption Amount (Put), the Early Termination Amount or such other amount in the nature of a redemption amount as may be specified in, or determined in accordance with the provisions of, the relevant Final Terms;

  • 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.

  • Make-Whole Redemption Margin means the margin specified as such in the relevant Final Terms.

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