Mandatory Redemption Event definition

Mandatory Redemption Event has the meaning given to it in Condition 8.7.

Mandatory Redemption Event means the occurrence of any of the following:

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.

Examples of Mandatory Redemption Event in a sentence

• Notice of the occurrence of a Mandatory Redemption Event will be given by the Issuer (a “Special Redemption Notice”) within three Business Days following the occurrence of a Mandatory Redemption Event, to the Trustee, the Escrow Agent, the Collateral Agent and DTC.

• If the Holder exercises its right herein to require a Mandatory Redemption pursuant to this Section 6(b) by delivering written notice to the Company within five (5) Trading Days of the Other Mandatory Redemption Event Redemption Notice Date, the Company shall effect such Mandatory Redemption and pay the Mandatory Redemption Amount to the Holder on or prior to the fifth (5th) Trading Day following the occurrence of the Other Mandatory Redemption Event.

• Within three Business Days after the Issuer sends such notice of a Mandatory Redemption Event or otherwise in accordance with DTC’s procedures, the Escrowed Property will be released from the Escrow Account to the Issuer or in accordance with the Escrow Agreement and the Issuer will perform the Special Mandatory Redemption (the date of such redemption, the “Special Mandatory Redemption Date”).

• Within three Business Days after the Issuer sends such notice of a Mandatory Redemption Event or otherwise in accordance with DTC’s procedures, the Escrowed Property will be released from the Escrow Account and the Issuer will perform the Special Mandatory Redemption (the date of such redemption, the “Special Mandatory Redemption Date”).

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 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, 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 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 any of:

Mandatory Redemption Event has the meaning assigned to such term in Section 3.02.