Mandatory Redemption Event definition
Mandatory Redemption Event has the meaning given to it in Condition 8.7.
Mandatory Redemption Event means in the event that the conditions precedent set out in Clause 6.1 (Conditions precedent for disbursement to the Issuer) have not been fulfilled within the Longstop Date.
Mandatory Redemption Event means the occurrence of any of the following:
Examples of Mandatory Redemption Event in a sentence
The Trustee shall be entitled to rely conclusively on such notice and shall have no duty to monitor, determine or independently verify the commencement or cessation of any Mandatory Redemption Event.
Each such Officer’s Certificate shall also state whether any Mandatory Redemption Event has occurred or is continuing during the applicable period.
Any Mandatory Redemption Amount due and unpaid at the time of acceleration shall be immediately due and payable and no Mandatory Redemption Event or Mandatory Redemption Amount shall be deemed satisfied or extinguished except by payment in full.
More Definitions of Mandatory Redemption Event
Mandatory Redemption Event means any of the events described in Conditions 2(b)(1), (2) or (3).
Mandatory Redemption Event means the Company's failure to comply with (i) Section 1.02 of the Insurance Agreement, the continuance of such failure for a period in excess of 10 days after receipt by the Company of written notice thereof from the Insurer and the receipt by the Trustee of notice thereof in accordance with Section 108 hereof; or (ii) Section 3.01 or Section 3.02 of the Insurance Agreement, the continuance of such failure for a period in excess of 30 days after receipt by the Company of written notice thereof from the Insurer and the receipt by the Trustee of notice thereof in accordance with Section 108 hereof.
Mandatory Redemption Event means any of:
Mandatory Redemption Event means a failure by the Company or any subsidiary to acquire all outstanding shares of capital stock of 123tv Invest GmbH and 123tv Holding GmbH within 180 days after the issue date of the Initial Notes.
Mandatory Redemption Event means any redemption effected pursuant to Section A.2(e)(ii), Section A.2(f)(ii) or Section A.2(g)(ii) of the Restated Charter.
Mandatory Redemption Event means, unless otherwise specified, any of an Asset Event, a Tax Redemption Event, a FATCA Tax Event, a Swap Event, an MTM Trigger Event, an Illegality Event, an Arranger Insolvency Event, an Asset Redenomination Event, an Asset Restructuring, a Settlement/Custodial Event, a Change in Law Event, a Euro Dissolution Event and other events specified as such.
Mandatory Redemption Event means the earliest to occur of: (a) the sale, lease or other disposition by the Corporation of all or substantially all of the assets of the Corporation; (b) a merger or consolidation of the Corporation with or into another entity in a transaction in which the shareholders of the Corporation own less than fifty percent (50%) of the voting securities of the surviving or resulting corporation immediately after such merger or consolidation; (c) the sale, transfer or other disposition by the Corporation of all or substantially all of the capital stock of the Corporation (including, without limitation, any and all shares, interests, rights to purchase, warrants, options, participation or other equivalents of or in (however designated) capital stock of the Corporation; or (d) a Qualified IPO.