Failed Secondary Remarketing definition

Failed Secondary Remarketing has the meaning specified in Section 5.5(b).

Failed Secondary Remarketing shall have the meaning set forth in Section 9.2(h).

Failed Secondary Remarketing. Holder," "Initial Remarketing," "Initial Remarketing Date," "Initial Reset Date," "Notes," "Officers' Certificate," "Opinion of Counsel," "Outstanding Securities," "Purchase Contract," "Purchase Contract Settlement Date," "Purchase Price," "Remarketing Agent," "Remarketing Agreement," "Remarketing Fee," "Secondary Remarketing," "Security," "Separate Preferred Securities or Notes," "Separate Preferred Securities or Notes Purchase Price," "Settlement Rate," "Successful Initial Remarketing," "Termination Event," and "Underwriting Agreement";

Examples of Failed Secondary Remarketing in a sentence

• If a Failed Secondary Remarketing has occurred, each Holder of Securities will have the right to deliver the Notes to the Company for repurchase at a price per Note equal to the Note Put Price.

• In addition, the Notes shall be subject to repurchase by the Company following a Failed Secondary Remarketing as described below.

• If a Failed Secondary Remarketing has occurred, Holders of Notes following the Purchase Contract Settlement Date shall have the right (the "Put Option") to put or sell such Notes to the Company on June 30, 2005 (the "Put Option Exercise Date"), upon at least three Business Days prior notice, at a repayment price equal to the principal amount of such Notes plus an amount equal to the accrued and unpaid interest thereon to the date of payment (the "Note Repayment Price").

• Deferred Interest shall be compounded ("Compounded Interest") (x) quarterly for each quarter of such Extension Period prior to the Reset Effective Date, (y) quarterly for each quarter of such Extension Period prior to November 16, 2007 in the event of a Failed Secondary Remarketing, or (z) semiannually for each semiannual period of such Extension Period, if any, subsequent to the Reset Effective Date.

• Unless a Tax Event Redemption occurs or the Notes are repurchased by the Company at the Holders' option following a Failed Secondary Remarketing as described in Section 205(b), the entire principal amount of the Notes will mature and become due and payable, together with any accrued and unpaid interest thereon, on November 16, 2007 (the "Maturity Date").

More Definitions of Failed Secondary Remarketing

Failed Secondary Remarketing means, in connection with a Secondary Remarketing, that the Remarketing Agent, in spite of using its reasonable efforts, cannot remarket the Notes in the Secondary Remarketing (other than to the Company) at a price not less than 100% of the sum

Failed Secondary Remarketing means, in connection with a Secondary Remarketing, that the Remarketing Agent, in spite of using its reasonable efforts, cannot remarket the Notes in the Secondary Remarketing (other than to the Company) at a price not less than 100% of the sum of the Treasury Portfolio Purchase Price plus the Separate Notes Purchase Price or a condition precedent set forth in the Remarketing Agreement is not fulfilled.

Failed Secondary Remarketing has the meaning specified in Section 5.04(b).

Failed Secondary Remarketing shall have the meaning set forth in Section 4.02(h).

Failed Secondary Remarketing shall have the meaning set forth in Section 3.02(h).

Failed Secondary Remarketing shall have the meaning set forth in Section 8.02(g).

Failed Secondary Remarketing shall have the meaning set forth in Section 302(h).