Mandatory Redemption Settlement Date definition

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.

Mandatory Redemption Settlement Date means in respect of a Mandatory Redemption:

Mandatory Redemption Settlement Date means the day on which the Notes are to be redeemed as indicated in the Mandatory Redemption Event Notice.

Examples of Mandatory Redemption Settlement Date in a sentence

• The Issuer shall give notice to the ETP Securityholders of the Mandatory Redemption Date and the Mandatory Redemption Settlement Date of the ETP Securities as soon as reasonably practicable in accordance with Condition 17.

• If any of the Mandatory Redemption Events listed in Condition 8.7 occurs, each ETP Security shall become due and payable on the related Mandatory Redemption Settlement Date at its Mandatory Redemption Amount.The Issuer shall give notice to the ETP Securityholders of the Mandatory Redemption Date and the Mandatory Redemption Settlement Date of the ETP Securities as soon as reasonably practicable in accordance with Condition 17.

• If any of the Mandatory Redemption Events listed in Condition 8.7 occurs, each ETP Security shall become due and payable on the related Mandatory Redemption Settlement Date at its Mandatory Redemption Amount.

• If any of the Mandatory Redemption Events listed in Condition 7.8 occurs, each Note shall become due and payable in the Relevant Currency on the related Mandatory Redemption Settlement Date at its Mandatory Redemption Amount.

• In the event of a de-listing of an equity security, including an ARD, this would trigger a Mandatory Redemption Event in respect of the relevant Series of ETP Securities, with the ETP Securities of such Series becoming due and payable on the Mandatory Redemption Settlement Date at its Mandatory Redemption Amount.

• For the avoidance of doubt, following such mandatoryredemption of the Notes or termination of this Transaction, Party B shall on the Mandatory Redemption Settlement Date pay to Party A an amount equal to any Eligible Credit Support previously paid by Party A to Party B pursuant to the Credit Support Annex and not previously returned by Party B to Party A.

• If, following the occurrence of a Default Related Early Redemption Event (as defined in the Terms), the Notes will be redeemed (in full) by physical delivery to the relevant Noteholders of each Noteholder’s Mandatory Redemption Physical Entitlement on the Mandatory Redemption Settlement Date (as defined in the Terms).

More Definitions of Mandatory Redemption Settlement Date

Mandatory Redemption Settlement Date means the 30th Business Day following the Mandatory Redemption Determination Date.

Mandatory Redemption Settlement Date means the date which is Thirty Relevant Business Days following the Mandatory Redemption Determination Date.

Mandatory Redemption Settlement Date means (i) in respect of a Loan Prepayment the third Business Day following receipt of the relevant Loan Prepayment; and (ii) in respect of a Loan Default, Loan Tax Event or Sub-Participation Termination Event a date determined by the Calculation Agent in its sole discretion and acting in a commercially reasonable manner no later than the fifteenth Business Day following the Mandatory Redemption Determination Date.

Mandatory Redemption Settlement Date means a date determined by the Calculation Agent in its sole discretion and acting in a commercially reasonable manner which shall be a date no earlier than the 10th Business Day following the Mandatory Redemption Determination Date and no later than the fifteenth Business Day following the Mandatory Redemption Determination Date.

Mandatory Redemption Settlement Date means date upon which a Mandatory Redemption is settled.