Examples of Initial Redemption Date in a sentence
Any Notes remaining outstanding after the Initial Redemption Date shall continue to bear interest, payable quarterly in arrear at the rate specified in Condition 6 (Interest).
If so specified above, this Note may be redeemed at the option of the Corporation on any date on and after the Initial Redemption Date, if any, specified above (the "Redemption Date").
On and after the Initial Redemption Date, if any, this Note may be redeemed at any time in whole or from time to time in part at the option of the Corporation at the applicable Redemption Price (as defined below) together with interest thereon payable to the Redemption Date, on notice given not more than 60 nor less than 30 calendar days prior to the Redemption Date.
The Trust Preferred Securities have no stated maturity, but are redeemable, in whole or in part, at the option of the Trust on January 28, 2010 (the Initial Redemption Date) or after the Initial Redemption Date, on any Class B Payment Date.
If this Note is redeemable at the option of the Corporation, the "Redemption Price" initially shall be the Initial Redemption Percentage specified above of the principal amount of this Note to be redeemed and shall decline at each anniversary of the Initial Redemption Date by the Annual Redemption Percentage Reduction, if any, specified above of the principal amount to be redeemed until the Redemption Price is 100% of such principal amount.