Mandatory Redemption Obligation definition

Mandatory Redemption Obligation means any redemption obligation of the Corporation pursuant to Sections 4(b) or 4(c) hereof.
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Mandatory Redemption Obligation means the Corporation's redemption obligation set forth in Section 6.
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Mandatory Redemption Obligation has the meaning specified in Section 4.1(b).
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Examples of Mandatory Redemption Obligation in a sentence

  • If a certificate is not timely furnished to the Trustee, the Mandatory Sinking Fund Requirement (and corresponding Mandatory Redemption Obligation) shall not be reduced.

  • If retired only by Mandatory Sinking Fund Redemption prior to their stated maturity, the remainingprincipal amount of any Term Bonds will be paid at their stated maturity date.The University shall have the option to deliver to the Trustee for cancellation Term Bonds in any aggregate principal amount and to receive a credit against any then current Mandatory Sinking Fund Requirement (and corresponding Mandatory Redemption Obligation) for any Term Bonds.

  • A credit against the then current Mandatory Sinking Fund Requirement (and corresponding Mandatory Redemption Obligation) also shall be received by the University for any Term Bonds which prior thereto have been redeemed (other than through the operation of Mandatory Sinking Fund Requirements) or purchased for cancellation and cancelled by the Trustee, to the extent not applied previously as a credit against any Mandatory Redemption Obligation.

  • Each Term Bond so delivered, or previously redeemed, or purchased and cancelled, shall be credited by the Trustee at 100% of its principal amount against the then current Mandatory Sinking Fund Requirement (and corresponding Mandatory Redemption Obligation).

  • At the end of the Voting Period, the holders of Senior Preferred Stock shall be automatically divested of all voting power vested in them under this subsection (e) but subject always to the subsequent vesting hereunder of voting power in the holders of Senior Preferred Stock in the event of (i) any similar cumulated arrearage in payment of quarterly dividends occurring thereafter or (ii) the subsequent failure of the Corporation to make the Senior Mandatory Redemption Obligation.

  • SSA is, therefore, able to verify the accuracy of the other country’s certification by obtaining original or certified copies of documents and by contacting the claimant directly.In addition, SSA conducts validation surveys when we become concerned that document fraud may be becoming a problem in a country.

  • In the event the Corporation fails for any reason to satisfy such repurchase obligation on a Mandatory Redemption Date (the “Mandatory Redemption Obligation”), the Mandatory Redemption Obligation shall be discharged as soon as the Corporation is able to do so.

  • If the Corporation is unable or shall fail to discharge its obligation to redeem all outstanding Preferred Shares pursuant to this Section 6 (the "MANDATORY REDEMPTION OBLIGATION"), the Mandatory Redemption Obligation shall be discharged as soon as the Corporation has funds legally available to discharge such Mandatory Redemption Obligation.

  • If the Corporation shall fail to discharge its obligation to redeem all of the outstanding shares of Senior Preferred Stock required to be redeemed pursuant to this Section D(3)(a) (the "Senior Mandatory Redemption Obligation"), the Senior Mandatory Redemption Obligation shall be discharged as soon as the Corporation is able to discharge such Senior Mandatory Redemption Obligation.

  • In the event the Corporation fails for any reason to satisfy such repurchase obligation on the Mandatory Redemption Date (the "MANDATORY REDEMPTION OBLIGATION"), the Mandatory Redemption Obligation shall be discharged as soon as the Corporation is able to do so.


More Definitions of Mandatory Redemption Obligation

Mandatory Redemption Obligation or “Mandatory Redemption” or “Mandatory Sinking Fund Redemption” means mandatory prior redemption of Term Bonds (or other term Bonds) pursuant to Mandatory Sinking Fund Requirements.
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Mandatory Redemption Obligation shall have the meaning set forth in subparagraph 4(c) below.
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Mandatory Redemption Obligation has the meaning set forth in Section 6(a) hereof.
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Mandatory Redemption Obligation has the meaning given to such term in the definition of "Permitted MAAX Holdings Notes."
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Related to Mandatory Redemption Obligation

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

  • Mandatory Redemption means a redemption of ETP Securities in accordance with Condition 8.7.

  • Mandatory Redemption Price means $25,000 per share of AMPS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends.

  • Mandatory Redemption Date means, in respect of a Mandatory Redemption Event, the date designated as such in accordance with Condition 8.7.

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

  • Mandatory Redemption Settlement Date means, in respect of a Mandatory Redemption Event, the day that falls three Currency Business Days after the day on which the Issuer has received payment in full from the Margin Loan Provider of the amounts payable in respect of the termination of the LS Margin Account Agreement.

  • Special Mandatory Redemption Price means a redemption price equal to 100% of the outstanding aggregate principal amount of the Notes, plus accrued and unpaid interest thereon from the Issue Date to, but excluding, the Special Mandatory Redemption Date as calculated by the Company.

  • Special Mandatory Redemption has the meaning set forth in Section 3.07.

  • Special Mandatory Redemption Event has the meaning specified in Section 3.02(a) hereto.

  • Special Mandatory Redemption Date has the meaning set forth in Section 3.02(b) hereto.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Automatic Early Redemption Amount means the Automatic Early Redemption Amount specified in the relevant Final Terms.

  • Monthly Redemption Amount means, as to a Monthly Redemption, one seventh of the original principal amount at 110% of such principal amount, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Note.

  • Maturity Redemption Payment means an amount per Deposit to which you are entitled on the Maturity Date based on the performance of the Reference Portfolio which is equal to your Principal Amount x (1 + Variable Return).

  • Tax Event Redemption Price means an amount equal to the unpaid principal amount of this Note to be redeemed, which shall be determined by multiplying (1) the Outstanding Principal Amount of this Note by (2) the quotient derived by dividing (A) the outstanding principal amount to be redeemed by Principal Life of the Funding Agreement by (B) the outstanding principal amount of the Funding Agreement.

  • Early Redemption Event means that R (k) is equal to or greater than the Early Redemption Level (k) on the respective Observation Date (k).

  • Automatic Early Redemption Event means that:

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Early Redemption Amount (k means the "Early Redemption Amount (k)" as calculated or, respectively specified by the Calculation Agent pursuant to § 4 (2) of the Special Conditions.

  • Make-Whole Redemption Amount means the sum of:

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Special Event Redemption Price has the meaning specified in Section 11.2.

  • Early Redemption Date means the date on which the Notes become due and payable pursuant to Condition 9;

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Call and Put Redemption Amount means GBP 1 per Preference Share.