First Mandatory Redemption Date definition

First Mandatory Redemption Date means the date eight years and six months after the Initial Preferred Stock Issue Date.
First Mandatory Redemption Date means the earlier of (i) the date on which the last of the Vessels is delivered from the relevant shipyard and (ii) February 1, 2021.
First Mandatory Redemption Date means the date falling six (6) months after the expiration of the Performance Period, and if the First Mandatory Redemption Date would otherwise fall on a day which is not a Business Day, it shall be postponed to the next day which is a Business Day (or such other date as may be agreed by the Company and the Class A Preferred Shareholder in writing), provided that the Audited Accounts, the YIH Audited Accounts and the HSD Audited Accounts for the last Accounting Period shall have been made available by the Agreed Auditors on such date;

Examples of First Mandatory Redemption Date in a sentence

  • The holders of Series D Preferred Stock shall be entitled to receive from the Corporation on a Mandatory Redemption Date an amount in cash for each share of Series D Preferred Stock to be redeemed on such Mandatory Redemption Date (the “Series D Redemption Price”) equal to $5.45 (as adjusted to reflect stock dividends, stock splits, combinations, recapitalizations or the like) plus any accrued, or declared but unpaid, dividends on the Series D Preferred Stock as of the First Mandatory Redemption Date.

  • On each of the First Mandatory Redemption Date, and the Second Mandatory Redemption Date (each, a “Mandatory Redemption Date”), the Company shall redeem the applicable Mandatory Redemption Amount (such redemption, the “Mandatory Redemption”).

  • The holders of Series C Preferred Stock shall be entitled to receive from the Corporation on a Mandatory Redemption Date an amount in cash for each share of Series C Preferred Stock to be redeemed on such Mandatory Redemption Date (the “Series C Redemption Price”) equal to $4.00 (as adjusted to reflect stock dividends, stock splits, combinations, recapitalizations or the like) plus any accrued, or declared but unpaid, dividends on the Series C Preferred Stock as of the First Mandatory Redemption Date.

  • The holders of Series B Preferred Stock shall be entitled to receive from the Corporation on a Mandatory Redemption Date an amount in cash for each share of Series B Preferred Stock to be redeemed on such Mandatory Redemption Date (the “Series B Redemption Price”) equal to $2.30 (as adjusted to reflect stock dividends, stock splits, combinations, recapitalizations or the like) plus any accrued, or declared but unpaid, dividends on the Series B Preferred Stock as of the First Mandatory Redemption Date.

  • The corporation shall, at its option as hereinafter provided, be entitled to credit against the number of shares of Class B Preferred Stock to be redeemed on the First Mandatory Redemption Date as provided in the immediately preceding sentences, shares of Class B Preferred Stock acquired on or prior to the First Mandatory Redemption Date by the corporation through purchase in the open market or privately, redemption pursuant to subparagraph (a) of this paragraph 4, or otherwise.

  • The shares of outstanding Class B Preferred Stock to be redeemed by the corporation on the First Mandatory Redemption Date shall be selected by the corporation; provided, however, that such redemption shall be made ratably among the holders of outstanding shares of Class B Preferred Stock, in proportion to the number of shares of Class B Preferred Stock held by each such holder, to the extent practicable.

  • The holders of Series A Preferred Stock shall be entitled to receive from the Corporation on a Mandatory Redemption Date an amount in cash for each share of Series A Preferred Stock to be redeemed on such Mandatory Redemption Date (the “Series A Redemption Price”) equal to $1.00 (as adjusted to reflect stock dividends, stock splits, combinations, recapitalizations or the like), plus any accrued, or declared but unpaid, dividends on the Series A Preferred Stock as of the First Mandatory Redemption Date.

  • The Company and the Holder hereby agree to extend the First Mandatory Redemption Date of the Debentures issued under the 2011 SPA until June 1, 2013.

  • The holders of Series E Preferred Stock shall be entitled to receive from the Corporation on a Mandatory Redemption Date an amount in cash for each share of Series E Preferred Stock to be redeemed on such Mandatory Redemption Date (the “Series E Redemption Price”) equal to $15.00 (as adjusted to reflect stock dividends, stock splits, combinations, recapitalizations or the like) plus any accrued, or declared but unpaid, dividends on the Series E Preferred Stock as of the First Mandatory Redemption Date.

  • Such notice shall specify the First Mandatory Redemption Date or the applicable Optional Redemption Date or Mandatory Redemption Date, as the case may be, the number of shares of Class B Preferred Stock held by such holder which are to be redeemed and the place at which such shares are to be surrendered for redemption on the First Mandatory Redemption Date or the applicable Optional Redemption Date or Mandatory Redemption Date, as the case may be.


More Definitions of First Mandatory Redemption Date

First Mandatory Redemption Date means November 30, 2012.
First Mandatory Redemption Date means February 1, 2021.

Related to First Mandatory Redemption Date

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

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

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

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

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

  • Special Mandatory Redemption Price means a redemption price equal to 100% of the outstanding aggregate principal amount of the Notes, plus accrued and unpaid interest thereon from the Issue Date to, but excluding, the Special Mandatory Redemption Date as calculated by the Company.

  • Special Mandatory Redemption has the meaning set forth in Section 3.07.

  • 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.

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

  • 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.

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

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

  • 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.

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

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

  • 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.

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

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

  • 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.

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

  • 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.

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

  • Automatic Early Redemption Event means that:

  • Postponed Early Redemption Date means the tenth Business Day following the Early Redemption Date (if any);