Mandatory Repurchase Date definition

Mandatory Repurchase Date means the sixth (6th) anniversary of the Initial Issue Date.

Mandatory Repurchase Date means, with respect to any Bonds, the date on which such Bonds are required to be purchased pursuant to Section 3.07(a).

Mandatory Repurchase Date means the date which is one (1) Business Day prior to the date for redemption fixed by the Borrower in accordance with Section 10(b)(ii)(A) of the Statement of Preferences, provided, if the Borrower fails to fix such a date in accordance with the Statement of Preferences (whether by failure to fix a date or to fix a date not in accordance with the applicable terms of the Statement of Preferences), then such Mandatory Repurchase Date shall be the date which triggers the Failed Remarketing Condition - Purchased VRDP Shares Redemption (as such term is defined in the Statement of Preferences) pursuant to Section 10(b)(ii)(A) of the Statement of Preferences.

Examples of Mandatory Repurchase Date in a sentence

• With respect to any Bonds to be purchased that have not been presented for purchase within 60 days after the Mandatory Repurchase Date, the Trustee, at the expense of the Company, prepare and send a second notice of purchase to the holder of any such Bonds, by first-class mail, within 30 days of the end of such 60-day period.

• If any such draws are made on a Mandatory Repurchase Date in connection with the delivery of a Substitute Letter of Credit such draws shall be made under the existing Letter of Credit and not on the Substitute Letter of Credit.

• If any such draws are made on a Mandatory Repurchase Date in connection with the delivery of a Substitute Letter of Credit, such draws shall be made under the existing Letter of Credit and not on the Substitute Letter of Credit.

• Subject to Section 7(b), the Company will cause the Mandatory Repurchase Price for each share of Convertible Preferred Stock subject to a Mandatory Repurchase to be paid to the Holder thereof on the Mandatory Repurchase Date.

• The Company shall provide each Holder written notice of the Mandatory Repurchase Date at least twenty (20) Business Days, and no more than sixty (60) Business Days, prior to the Mandatory Repurchase Date.

More Definitions of Mandatory Repurchase Date

Mandatory Repurchase Date means, initially, December 17, 2024, subject to extension as set forth in Section 3 of this Agreement.

Mandatory Repurchase Date shall have the meaning specified in Section 16.02(a).

Mandatory Repurchase Date means, with respect to any Purchased Asset, the date that is ten (10) Business Days following any date such Purchased Asset becomes a Mandatory Repurchase Asset (which, for the purposes of clause (ii) of the definition of Mandatory Repurchase Asset, shall be the date on which Seller receives written notice from Buyer that Buyer has determined that such Purchased Asset no longer qualifies as an Eligible Asset); provided, that Seller shall, no later than the fifth (5th) Business Day after such Purchased Asset becomes a Mandatory Repurchase Asset, deliver to Buyer a certification that Seller has requested from one or more of its Affiliates the necessary capital in order to satisfy the repurchase price for such Purchased Asset.

Mandatory Repurchase Date is defined in Section 2.6(b).

Mandatory Repurchase Date means a date specified in a notice given pursuant to this Section 6.6 of an offer to repurchase CD&R Barbados Notes that is not later than ten (10) Business Days after the date of such notice (or if no date is so specified, the date that is ten (10) Business Days after the date such notice is issued).

Mandatory Repurchase Date has the meaning set forth in Section 5.3(a).

Mandatory Repurchase Date means, with respect to any Notes, the date on which such Notes are required to be purchased pursuant to Section 3.07(a).