Mandatory Purchase Notice definition

Mandatory Purchase Notice means, in connection with the Mandatory Purchase of VRDP Shares, a notice substantially in the form attached to the VRDP Shares Purchase Agreement as Exhibit B, delivered by the Fund or the Tender and Paying Agent on behalf of the Fund to the Holders and the Liquidity Provider in accordance with the VRDP Shares Purchase Agreement specifying a Mandatory Purchase Date.

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Mandatory Purchase Notice means, in connection with the Mandatory Purchase of VRDP Shares, a notice delivered by the Fund or the Tender and Paying Agent on behalf of the Fund to the Holders and the Liquidity Provider specifying a Mandatory Purchase Date.

Mandatory Purchase Notice means, in connection with the Mandatory Purchase of VRDP Shares, a notice substantially in the form attached to this Agreement as Exhibit B, delivered by the Fund or the Tender and Paying Agent on behalf of the Fund to the Holders and the Liquidity Provider specifying a Mandatory Purchase Date.

Examples of Mandatory Purchase Notice in a sentence

The Mandatory Purchase Notice shall be conclusively presumed to have been duly given, whether or not the Holders receive this notice.
Accordingly, it shall be a condition to the exercise of the Company's Mandatory Purchase Rights that no Event of Default shall have occurred and is continuing, and the Company's delivery of a Mandatory Purchase Notice shall be deemed a representation to the Buyer that no Event of Default has occurred and is continuing.
The Company may revoke a Mandatory Purchase Notice, in whole or in part, by delivering written notice thereof to the Buyer (a "Revocation of Mandatory Purchase Notice").
Any Purchase Notices submitted by the Buyer which have a Purchase Date on or prior to the third (3rd) Trading Day after receipt by the Buyer of the Revocation of Mandatory Purchase Notice must be honored by the Company as otherwise provided herein.
The Mandatory Purchase Date shall not be later than seven (7) days following the date a Mandatory Purchase Notice is sent to Holders by Electronic Means, and in any event shall be not later than the Business Day immediately preceding the termination of the VRDP Shares Purchase Agreement.

More Definitions of Mandatory Purchase Notice

Mandatory Purchase Notice has the meaning set forth in Section 2.3.

Mandatory Purchase Notice has the meaning specified in Section 10.03(a).

Mandatory Purchase Notice means, in connection with the Mandatory Purchase of LEARS, a notice substantially in the form attached to the LEARS Purchase Agreement as Exhibit B, delivered by the Fund or the Tender and Paying Agent on behalf of the Fund to the Holders and the Liquidity Provider specifying a Mandatory Purchase Date.

Mandatory Purchase Notice. See Section 2.5(b)(i).

Mandatory Purchase Notice shall have the meaning set forth in Section 1.7(a)(ii);

Mandatory Purchase Notice shall have the meaning set forth in Section 1.7(a)(ii); (vvv) "Material Adverse Effect" shall mean any event, occurrence, fact, condition, change or effect that is materially adverse to the business, operations, results of operations, prospects, condition (financial or otherwise), properties (including intangible properties), assets (including intangible assets) or liabilities of the relevant business, taken as a whole; (www) "Material Contracts" shall have the meaning set forth in Section 2.7; (xxx) "Material Real Property" shall have the meaning set forth in Section 2.5; (yyy) "Merger Transaction" shall have the meaning set forth in Section 1.7(a)(iii); (zzz) "NASD" shall mean the National Association of Securities Dealers; (aaaa) "Owned LLC Amount" shall mean a number of LLC Shares equal to the difference between (i) the Stock Amount and (ii) 6.75 million plus the Acquired LLC Amount; (bbbb) "Owned Partnership Interest" shall mean that certain partnership interest in the Partnership owned by Investor since the inception of the Partnership; (cccc) "Parent" shall have the meaning set forth in the Preamble; (dddd) "Parent Balance Sheet" shall have the meaning set forth in Section 3.8;

Mandatory Purchase Notice means a notice of a Mandatory Purchase Date given by the Trustee in accordance with Section 3.04(b) of the Indenture.