Escrow Redemption definition

Escrow Redemption means the obligation of the Issuer to redeem all of the Securities, pursuant to Section 3.09 of the Indenture if the assumption is not consummated by the Conditions Precedent Date.
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Escrow Redemption means the obligation of Depositor under the Indenture to redeem all of the Notes if the Escrow Conditions are not satisfied on or prior to the Conditions Precedent Date.
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Escrow Redemption has the meaning specified in the definition of “Coherent Acquisition Permitted Notes.”
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Examples of Escrow Redemption in a sentence

  • Prior to the Notes Assumption, the activities of the Escrow Issuers shall be restricted to issuing the Notes, issuing Capital Stock to, and receiving capital contributions from, Cequel or its Subsidiaries, performing their respective obligations under this Indenture and the Escrow Agreement, consummating the Notes Assumption or redeeming the Notes on the Escrow Redemption Date, as applicable, and conducting such other activities as are necessary or appropriate to carry out the activities described above.

  • On the day falling three Business Days after such notice of special mandatory redemption has been sent to all Holders of Notes and the release of the Escrow Property to the Trustee has occurred, (the “Escrow Redemption Date”), the Notes shall be redeemed at the Escrow Redemption Price.

  • If the Company complies with the provisions of the preceding paragraph, on and after the redemption or purchase date (including an Escrow Redemption Date), interest will cease to accrue on the Notes or the portions of Notes called for redemption or purchase.

  • The funds held in the Escrow Account will be released upon the earlier of (i) the date that is 60 days after issuance of the notes (the “Escrow Redemption Date”) and (ii) the date on which the escrowed funds are released to the Issuer upon delivery by the Issuer to the Escrow Agent and the Trustee of a company certificate signed by two members of the Issuer’s board of directors certifying that, on or prior to the Escrow Redemption Date, the Escrow Release Conditions Precedent are satisfied.

  • Notwithstanding the foregoing, if the Escrow Release Date has not occurred on or before the Outside Date, the Issuer shall be permitted to extend the Outside Date to December 1, 2022 by depositing into the Escrow Account on or before October 31, 2022 an additional amount of cash which, together with the cash in the Escrow Account at such time, will be sufficient to yield the Escrow Redemption Price on a redemption date of December 1, 2022 for all of the Notes.

  • On the Closing Date, (i) the Initial Purchasers shall have received the Escrow Agreement executed by the Company, the Trustee and the Escrow Agent and such agreement shall be in full force and effect; (ii) the Company shall have deposited the Escrow Property equal to the Escrow Redemption Amount with the Escrow Agent in accordance with the Escrow Agreement; and (iii) the Trustee shall have a first-priority security interest in the Escrow Account and the Escrow Property pursuant to the Escrow Agreement.

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  • At the time of investigation by The Commission (1999), the North American producers had ceased beinginvolved in the global cartel since 1994 and hence were not fined.

  • The Escrow Redemption Notice Instruction shall be sent to the addresses set forth in Section 16 below and shall specify the account where such amount shall be deposited.

  • Prior to the Escrow Closing Date and the Escrow Disbursement Date, the Trustee shall transfer from the Escrow Interest Account to the Interest Account of the Special Tax Fund on the Business Day prior to each Interest Payment Date prior to the Escrow Redemption Date or the Escrow Disbursement Date, an amount that is equal to the interest payable on the Escrow Term Bonds on such Interest Payment Date.

Related to Escrow Redemption

  • Tax Redemption The meaning specified in Section 9.3(a) hereof.

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).

  • Series A Redemption Notice has the meaning set forth in Section 16.6(b).

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • 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.

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • Special Redemption has the meaning set forth in Section 15.1.A hereof.

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.

  • Mandatory Redemption means a redemption of ETP Securities in accordance with Condition 8.7.

  • Debenture Redemption Date means, with respect to any Debentures to be redeemed under the Indenture, the date fixed for redemption under the Indenture.

  • Minimum Redemption means, in relation to the Euro Non-RDR ‘Retail’ Unhedged Distribution Shares, a minimum redemption of €250 or such lesser amount as may be agreed by the Directors;

  • 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;

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

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

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Special Event Redemption Price has the meaning specified in Section 11.2.

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

  • 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.

  • Special Redemption Date has the meaning set forth in Section 10.2.

  • 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.

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

  • Mandatory Redemption Date means, in respect of a Mandatory Redemption Event, the date designated as such in accordance with Condition 8.7.

  • Optional Redemption shall have the meaning set forth in Section 6(a).

  • Mandatory Redemption Settlement Date means, in respect of a Mandatory Redemption Event, the day that falls three Currency Business Days after the day on which the Issuer has received payment in full from the Margin Loan Provider of the amounts payable in respect of the termination of the LS Margin Account Agreement.

  • 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.