Mandatory Purchase Price definition

Mandatory Purchase Price means the higher of the Average Market Price for the Listed Shares and the Average Market Price for the Common Units, in each case for the ten consecutive Trading Day period ending on the Trading Day immediately prior to the date of the Mandatory Purchase Event.
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Mandatory Purchase Price means an amount equal to (i) 100% of the aggregate principal amount of the Series 2018 Bond subject to mandatory purchase on the Mandatory Purchase Date and any accrued interest thereon to but not including the Mandatory Purchase Date and (ii) all of the other Obligations.
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Mandatory Purchase Price shall have the meaning ascribed to such term in Section 702 of the Company Lease Agreement relating to the acceleration of the Bonds of any Series, including the Series 2010 Bonds.
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Examples of Mandatory Purchase Price in a sentence

  • The Mandatory Purchase Price for any fractional Listed Share shall be the Mandatory Purchase Price for a whole Listed Share times the fraction of the Listed Share to be purchased.

  • On or prior to the Mandatory Purchase Date, the Purchaser shall irrevocably deposit with the Transfer Agent funds sufficient to pay the Mandatory Purchase Price for all outstanding Listed Shares that on the date of such deposit are not held by the Purchaser or its Affiliates.

  • Upon the occurrence of a Mandatory Purchase Event, the Purchaser shall purchase all, but not less than all, of the outstanding Listed Shares that are not held by the Purchaser or its Affiliates at the Mandatory Purchase Price, pursuant to the provisions of this Section 2.

  • Nothing in this Section 2(b)(ix) will limit the right of a Holder to revoke any request to the Company seeking repurchase at the Mandatory Purchase Price or at the Common Purchase Price before such repurchase is effected and without beginning a new Mandatory Purchase Period.

  • The purchase price (the “Class B Purchase Price”) for each Class B Limited Member’s Limited Membership Interests being purchased on a Scheduled Reset Date shall equal the Class B Mandatory Purchase Price that would be payable in connection with a Class B Optional Remarketing held with respect to such Scheduled Reset Date (determined in accordance with Section 7.2(b)(iii).

  • In the event the Class A Limited Membership Interests are being remarketed to more than one purchaser, the Class A Mandatory Purchase Price shall be appropriately apportioned among such purchasers based on the relative number of Class A Limited Membership Interests being purchased by each such purchaser.

  • The Class A Remarketing Notice shall set forth such information as is necessary to facilitate the Class A Mandatory Remarketing, including, without limitation, the Class A Remarketing Date and the Class A Mandatory Purchase Price and Preferred Return Capital per Class A Limited Membership Interest.

  • In the event the Purchaser has not received the Mandatory Purchase Price on the Mandatory Indexed Term Put Date, the Corporation shall cause the Bonds to be redeemed on the Mandatory Indexed Term Put Date.

  • Pursuant to Section 307(b) of the Series 2014A Supplemental Trust Agreement, the Series 2014A-1 Certificates are subject to mandatory tender and purchase on the Special Mandatory Purchase Date, at a price equal to the Special Mandatory Purchase Price.

  • If the Mandatory Purchase Price is not paid to the Purchaser on the Mandatory Indexed Term Put Date, it shall constitute an Event of Default hereunder and the Corporation shall pay or cause to be paid to the Purchaser interest on the unpaid principal amount of the Bonds from the Mandatory Indexed Term Put Date until the date all Bonds are paid in full at a rate per annum equal to the Default Rate, payable on demand.


More Definitions of Mandatory Purchase Price

Mandatory Purchase Price has the meaning assigned to such term in Section 8(d).
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Mandatory Purchase Price has the meaning set forth in the Bond Indenture.
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Mandatory Purchase Price means a price equal to 100% of the par amount plus accrued interest to the Mandatory Purchase Date.
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Mandatory Purchase Price means the higher of the Average Market Price for the Listed Shares and the Average Market Price for the Common Units, in each case as determined by the 10 consecutive Trading Day period ending on the Trading Day immediately prior to the date of the Mandatory Purchase Event.
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Mandatory Purchase Price shall have the meaning ascribed thereto in Section 4.07(c)
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Related to Mandatory Purchase Price

  • Closing Purchase Price shall have the meaning ascribed to such term in Section 2.1(b), which aggregate purchase price shall be net of the underwriting discounts and commissions.

  • Final Purchase Price has the meaning set forth in Section 2.02.

  • Base Purchase Price has the meaning set forth in Section 2.2.

  • Repurchase Price means, with respect to any Loan, first taking the Book Value of the Asset at Bank Closing and either subtracting the Asset discount or adding the Asset premium, and subsequently adjusting that total by (i) adding any advances and interest on such Loan after Bank Closing, (ii) subtracting the total amount received by the Assuming Institution for such Loan after Bank Closing, regardless of how applied, and (iii) adding total disbursements of principal made by Receiver not otherwise included in the Book Value.

  • Share Purchase Price shall have the meaning ascribed to such term in Section 2.1(b).

  • Optional Purchase Price has the meaning set forth in Section 8.1 of the Sale and Servicing Agreement.