Initial Remarketing definition

Initial Remarketing has the meaning specified in Section 5.4 hereof.

Initial Remarketing has the meaning set forth in Section 5.02(a).

Initial Remarketing has the meaning specified in Section 2(b).

Examples of Initial Remarketing in a sentence

• Payment of such Reset Agent Fee shall be made by the Company on the Initial Remarketing Date, in the case of a Successful Initial Remarketing, or on the third Business Day immediately preceding the Purchase Contract Settlement Date, in the case of a Successful Secondary Remarketing, in immediately available funds or, upon the instructions of the Reset Agent, by certified or official bank check or checks or by wire transfer.

• In the event of a Successful Initial Remarketing, the Remarketing Agent shall retain as a remarketing fee (the "Remarketing Fee") an amount not exceeding 25 basis points (0.25%) of the Minimum Initial Remarketing Price from any amount received in connection with such Initial Remarketing in excess of the Minimum Initial Remarketing Price.

• In the event of a Failed Initial Remarketing, the Senior Notes presented to the Remarketing Agent pursuant to this Section 7.03 for Remarketing shall be redeposited into the Collateral Account.

• Any such notice shall be irrevocable after 5:00 P.M., New York City time, on the second Business Day immediately preceding the Initial Remarketing Date and may not be conditioned upon the level at which the Reset Rate is established.

• With respect to Separate Senior Notes, any Proceeds of such Initial Remarketing (after deducting any Remarketing Fee in accordance with the Remarketing Agreement) attributable to the Separate Senior Notes will be remitted to the Custodial Agent for payment to the holders of Separate Senior Notes.

More Definitions of Initial Remarketing

Initial Remarketing has the meaning set forth in Section 5.02(a)(i).

Initial Remarketing has the meaning set forth in the Remarketing Agreement.

Initial Remarketing means the Remarketing of the Preferred Securities on the Initial Remarketing Date.

Initial Remarketing has the meaning set forth in the Remarketing Agreement. "Initial Remarketing Date" has the meaning set forth in Remarketing Agreement.

Initial Remarketing means the remarketing which occurs on the [Initial Remarketing Date].

Initial Remarketing means the initial remarketing period which will begin on May 27, 2011 and end on June 10, 2011; and the term “Remarketing Settlement Date” means June 15, 2011. The “Remarketing Date” means any date during the Initial Remarketing on which the Remarketing Agent(s), the Company and the Stock Purchase Contract Agent shall enter into a pricing agreement relating to the Remarketed Securities (the “Pricing Agreement”). The firm or firms designated as the representative or representatives, as the case may be, of the Remarketing Agents of the Remarketed Securities in the Pricing Agreement will act as the representative or representatives (the “Representatives”). To the extent there is only one Remarketing Agent for the remarketing of the Remarketed Securities, the terms Representatives and Remarketing Agents shall mean the Remarketing Agent.

Initial Remarketing means the initial remarketing period which will begin on November 27,