Event of Default Redemption Amount definition

Event of Default Redemption Amount means (A) if “Specified Redemption Amount” is specified in the applicable Final Terms, an amount per Calculation Amount being the product of the Specified Fixed Percentage Rate and the Calculation Amount provided that the Specified Fixed Percentage Rate will not, in any case, be less than 100 per cent., (B) if “Par Redemption” is specified in the applicable Final Terms, an amount per Calculation Amount equal to 100 per cent. per Calculation Amount, or (C) if “Amortised Face Amount” is specified in the applicable Final Terms, an amount calculated in accordance with Condition 3(b) above.
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Event of Default Redemption Amount means, with respect to an Event of Default Redemption pursuant to Section 6(b) herein, the greater of (i) the product of (a) 135%, multiplied by (b) the sum of (I) the principal amount of this Note that is subject to such Event of Default Redemption, irrespective of when the applicable Event of Default Redemption Date for such Event of Default occurs, (II) 100% of the accrued and unpaid interest on the principal amount of this Note that is subject to such Event of Default Redemption, (III) 100% of the Make-Whole Amount payable in respect of the principal amount of this Note that is subject to such Event of Default Redemption (as applicable), and (IV) all liquidated damages, costs of collection and other amounts payable in respect of this Note as of the applicable Event of Default Redemption Date for such Event of Default (the sum of (I), (II), (III), and (IV) being “the Sum Amount”), and (ii) the product of (A) the quotient of (x) the Sum Amount, divided by (y) the Event of Default Redemption Rate.
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Event of Default Redemption Amount means, with respect to an Event of Default Redemption pursuant to Section 6(b) herein, the sum of: (a) (i) 105% of the principal amount of this Note that is subject to such Event of Default Redemption, if the applicable Event of Default Redemption Date for such Event of Default Redemption occurs on or prior to the date that is the 120th calendar day immediately following the Original Issue Date, (ii) 108% of the principal amount of this Note that is subject to such Event of Default Redemption, if the applicable Event of Default Redemption Date for such Event of Default Redemption occurs on or after the date that is the 121st calendar day immediately following the Original Issue Date and prior to the date that is the 151st calendar day immediately following the Original Issue Date, (iii) 112% of the principal amount of this Note that is subject to such Event of Default Redemption, if the applicable Event of Default Redemption Date for such Event of Default Redemption occurs on or after the date that is the 151st calendar day immediately following the Original Issue Date and prior to the date that is the 181st calendar day immediately following the Original Issue Date, or (iv) 116% of the principal amount of this Note that is subject to such Event of Default Redemption, if the applicable Event of Default Redemption Date for such Event of Default Redemption occurs on or after the date that is the 181st calendar day immediately following the Original Issue Date, (b) 100% of the accrued and unpaid interest on the principal amount of this Note that is subject to such Event of Default Redemption and all Late Fees (if any) due hereunder with respect thereto, (c) 100% of the Make-Whole Amount payable in respect of the principal amount of this Note that is subject to such Event of Default Redemption (as applicable), and (d) all liquidated damages, costs of collection and other amounts payable in respect of this Note as of the applicable Event of Default Redemption Date for such Event of Default Redemption.
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Examples of Event of Default Redemption Amount in a sentence

  • Upon the payment in full of the Event of Default Redemption Amount, the Holder shall promptly surrender this Note to or as directed by the Company.

  • The portion of the Event of Default Redemption Amount converted by the Holder after the Event of Default Notice Date shall reduce the Event of Default Redemption Amount of this Note required to be redeemed on the Company Event of Default Redemption Date.

  • Such acceleration may be rescinded and annulled by Holder at any time prior to payment of the Event of Default Redemption Amount hereunder and the Holder shall have all rights as a Holder of the Note until such time, if any, as the Holder receives full payment of the Event of Default Redemption Amount pursuant to this Section 6(b).

  • If an Event of Default specified in Section 8.1(c), 8.1(d) or 8.1(e) with respect to the Notes at the time Outstanding occurs, the Event of Default Redemption Amount in respect of each Note shall automatically, and without any declaration or other action on the part of the Trustee or any Holder, become immediately due and payable.


More Definitions of Event of Default Redemption Amount

Event of Default Redemption Amount means, subject to Section 8.2, in relation to each Note, an amount equal to the aggregate of (i) the principal amount of such Note together with any accrued interest and Defaulted Interest (if any) plus (ii) (A) the principal amount of such Note multiplied by (B) the Event of Default Redemption Premium.
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Event of Default Redemption Amount means (i) if “Specified Redemption Amount” is specified in the applicable Final Terms, an amount per Calculation Amount being the product of the Specified Fixed
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Event of Default Redemption Amount means, with respect to an Event of Default Redemption pursuant to Section 6(b) herein, the greater of (i) the product of (a) 135%, multiplied by (b) the sum of (I) the principal amount of this Note that is subject to such Event of Default Redemption, irrespective of when the applicable Event of Default Redemption Date for such Event of Default occurs, (II) 100% of the accrued and unpaid interest on the principal amount of this Note that is subject to such Event of Default Redemption, (III) 100% of the Make-Whole Amount payable in respect of the principal amount of this Note that is subject to such Event of Default Redemption (as applicable), and (IV) all liquidated damages, costs of collection and other amounts payable in respect of this Note as of the applicable Event of Default Redemption Date for such Event of Default (the sum of (I), (II), (III), and (IV) being “the Sum Amount”), and (ii) (a) the outstanding principal amount of this Note and accrued and unpaid interest hereon, in addition to the payment of all other amounts, costs, expenses and liquidated damages due in respect of this Note, divided by the lower of the (x) the Fixed Conversion Price and (y) the EOD Conversion Rate, multiplied by (b) the highest closing price for the Common Stock on the Trading Market (as defined in the Purchase Agreement) during the period beginning on the date of first occurrence of the Event of Default and ending on the date the Event of Default Redemption Amount is paid in full.
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Event of Default Redemption Amount replacing “Redemption Amount” for all purposes hereunder). Conversions required to be made by this Section (2)(b) shall be made in accordance with the provisions of Section (3). Notwithstanding anything to the contrary in this Section (2)(b), but subject to the limitations set out in Section (3)(c)(i) and Section (3)(c)(ii), until the Event of Default Redemption Amount is paid in full, the Conversion Amount submitted for redemption under this Section (2)(b) (together with any interest
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Event of Default Redemption Amount shall have the meaning set forth in the Section (2)(b). (ii) “Event of Default Redemption Notice” shall have the meaning set forth in the Section (2)(b). (jj) “Exchange Act” means the Securities Exchange Act of 1934, as amended. (kk) “Exchange Cap” shall have the meaning set forth in Section (3)(c)(ii). (ll) “Financial Covenant Event Notice” shall have the meaning set forth in the Section (13)(n)(ii). (mm) “Financial Covenant Failure” shall have the meaning set forth in the Section (13)(n)(ii). (nn) “Financial Test” shall have the meaning set forth in the Section (13)(n)(i). (oo) “Floor Price” means $0.0732 per share of Common Stock; provided, however, beginning on the date that is the six (6) month anniversary of the Issuance Date and on the same day of every six (6) months thereafter (each, a “Floor Price Reset Date”), the Floor Price shall be adjusted (downwards only) to 20% of the average VWAP during the five (5) Trading Days immediately prior to such Floor Price Reset Date. Notwithstanding the foregoing, the Company may reduce the Floor Price then in effect to any amount set forth in a written notice to the Holder; provided that such reduction shall be irrevocable and shall not be subject to increase thereafter. (pp) “Fundamental Transaction” means any of the following: (1) the Company effects any merger or consolidation of the Company with or into another Person and the Company is the non-surviving company (other than a merger or consolidation with a wholly owned
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Related to Event of Default Redemption Amount

  • 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;

  • Automatic Early Redemption Event means that:

  • 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;