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 any of the events described in Conditions 2(b)(1), (2) or (3).

Examples of Mandatory Redemption Event in a sentence

• For the purposes of Condition 8.7, a Mandatory Redemption Event in the form of an "Issuer Call Redemption Event" will occur on the Mandatory Redemption Date designated in the Issuer Call Redemption Notice (or if such day is not a Valuation Date on the first following Valuation Date).

• If a Mandatory Redemption Event occurs, the last day on which the Issuer is required to accept a valid Subscription Order shall be the date of the notice designating such event.

• In certain circumstances, described in the Conditions of the Notes, the Notes will be redeemed early pursuant to a Mandatory Redemption Event or an Additional Mandatory Redemption Event or Optional Redemption and Noteholders shall be entitled to receive only such amount as is available following the sale, redemption or other means of realisation of the Charged Assets, subject to the provisions of the Notes described under ‘Limited recourse’ above.

• Notwithstanding the foregoing, if at any time prior to the redemption of the Notes pursuant to this Base Condition 6.3(a), a Mandatory Redemption Event occurs, the Notice of Redemption given pursuant to this Base Condition 6.3(a), shall be deemed to be void and the Notes shall be redeemed pursuant to the provisions of Base Condition 6.2.

• Any notice of redemption required to be given by the Trustee in connection with a redemption required by this Section 108 need not be given earlier than 15 days after the date the Trustee receives notice of a Mandatory Redemption Event pursuant to this Section 108.

More Definitions of Mandatory Redemption Event

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 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, 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 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 any of:

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