Mandatory Redemption definition

Mandatory Redemption means a redemption of ETP Securities in accordance with Condition 8.7.
Mandatory Redemption. The meaning specified in Section 9.5 hereof.
Mandatory Redemption means the prepayment, in part, made to the Noteholders without premium made on the Distribution Date on or immediately following the last day of the Funding Period in the event that any amount remains on deposit in the Pre-Funding Account after giving effect to the acquisition of all Subsequent Contracts, including any such acquisition on such date.

Examples of Mandatory Redemption in a sentence

  • If a Coverage Test is not met on any Determination Date on which such Coverage Test is applicable, the Issuer shall apply available amounts in the Payment Account to make payments on the Secured Debt pursuant to the Priority of Payments (a "Mandatory Redemption").


More Definitions of Mandatory Redemption

Mandatory Redemption shall have the meaning set forth in Section 7(b).
Mandatory Redemption has the meaning specified in the Officer’s Certificate.
Mandatory Redemption means “Mandatory Redemption”, as defined in the New Notes Indenture.
Mandatory Redemption means the circumstances in which the Notes will be redeemed prior to maturity as set out in Condition 8.3;
Mandatory Redemption has the meaning assigned to such term in Section 4.2(a).
Mandatory Redemption means the ability of the Issuer to redeem the Bonds at its option, as further described in § 4 (2);
Mandatory Redemption means a redemption of Notes in accordance with Condition 7.8.