Failed Transition Redemption Date definition

Failed Transition Redemption Date means (i) in the case of a Failed Adjustment Event, the first Business Day falling on or after the [●] calendar day following the Failed Adjustment Event or (ii) in the case of a Failed Transition Event, the first Business Day falling on or after the [●] calendar day following the Failed Transition Event.
Failed Transition Redemption Date means [●], 20[●], only if a Failed Transition Period has occurred and is continuing as of such date.
Failed Transition Redemption Date means, in the case of a Failed Transition Event, the first Business Day falling on or after the 180th calendar day following the Failed Transition Event.

Examples of Failed Transition Redemption Date in a sentence

  • The Fund shall redeem all Outstanding MFP Shares on the Failed Transition Redemption Date, if any, if the Failed Transition Period is then continuing, at a price per MFP Share equal to the Redemption Price.

  • The Fund shall redeem all Outstanding MFP Shares on the Failed Adjustment Redemption Date, if any, or on the Failed Transition Redemption Date, if any, at a price per MFP Share equal to the Redemption Price.

  • Pursuant to Section 3.3(c) thereof, all tendered MFP Shares, if any, shall be returned to the relevant tendering Holders by the Tender and Paying Agent, and all of the then Outstanding MFP Shares shall be redeemed by the Fund on the Failed Transition Redemption Date in accordance with Section 2.3(b) of the Variable Rate Mode Supplement.


More Definitions of Failed Transition Redemption Date

Failed Transition Redemption Date has the meaning set forth in the Variable Rate Mode Supplement.
Failed Transition Redemption Date means not later than the third Business Day following the applicable Rate Period Termination Date, only if a Failed Transition Event shall have occurred and be continuing as of such date.
Failed Transition Redemption Date means (i) in the case of a proposed Adjusted Dividend Rate, the first Business Day falling on or after the 90th calendar day following the Failed Adjustment Event or (ii) in the case of a proposed transition to a new Mode to succeed the Variable Rate Mode, the first Business Day falling on or after the 180th calendar day following the Failed Transition Event.

Related to Failed Transition Redemption Date

  • Failed Remarketing Condition—Purchased VRDP Shares Redemption means redemption by the Corporation, at a redemption price equal to $100,000 per share plus accumulated but unpaid dividends thereon (whether or not earned or declared) to, but excluding, the date fixed by the Board of Directors for redemption, of shares of a Series of VRDP Shares that the Liquidity Provider shall have acquired pursuant to the Purchase Obligation and continued to be the beneficial owner of for federal income tax purposes for a continuous period of six (6) months during which such VRDP Shares are tendered for Remarketing on each Business Day in accordance with the Related Documents but cannot be successfully remarketed (i.e., a Failed Remarketing Condition-Purchased VRDP Shares shall have occurred and be continuing for such period of time with respect to such VRDP Shares), determined by the Corporation on a first-in, first-out basis, in accordance with and subject to the provisions of the Fee Agreement and these Articles Supplementary.

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

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

  • 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.

  • Tax Redemption Date means, when used with respect to any Note to be redeemed pursuant to a Tax Redemption, the date fixed for such Tax Redemption pursuant to this Indenture.

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

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

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

  • Initial Redemption Date means, with respect to any Note or portion thereof to be redeemed pursuant to Section 3.1(b), the date on or after which such Note or portion thereof may be redeemed as determined by or pursuant to the Indenture or a Note Certificate of Supplemental Indenture.

  • 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.

  • Specified Redemption Date means the tenth (10th) Business Day after receipt by the General Partner of a Notice of Redemption; provided that if the Company combines its outstanding REIT Shares, no Specified Redemption Date shall occur after the record date of such combination of REIT Shares and prior to the effective date of such combination.

  • Automatic Early Redemption Event means that:

  • Mandatory Redemption Event has the meaning given to it in Condition 8.7.

  • SPS Redemption Valuation Date means the Settlement Price Date.

  • Optional Redemption Pricing Date means a Valuation Date on which a Redemption Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

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

  • 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.

  • Special Mandatory Redemption Date has the meaning set forth in Section 3.02(b) hereto.

  • Tax Event Redemption Date means the date upon which a Tax Event Redemption is to occur.

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

  • 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.

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

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

  • Change of Control Redemption Date shall have the meaning set forth in Section 7.2;

  • Special Mandatory Redemption Event has the meaning specified in Section 3.02(a) hereto.

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.