Mandatory Repurchase Date definition

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

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.

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).

Examples of Mandatory Repurchase Date in a sentence

• The Series 2014 Note shall be subject to mandatory purchase by the District at the Mandatory Tender Repurchase Price on the Mandatory Repurchase Date.

• The District may optionally redeem the Series 2014 Note in whole or in part prior to the Mandatory Repurchase Date on any Interest Payment Date upon three (3) Business Days prior written notice to the Bank; provided, however, that if any such optional redemption occurs, the District shall pay to the Bank the Optional Redemption Premium.

• The failure of the Bank to respond to such extension request shall be deemed a denial of the request, and the District shall continue to be required to repurchase the Note on the Mandatory Repurchase Date.

• Amounts remaining on deposit in the Contingency Fund on the Mandatory Repurchase Date shall be used to make the payment due to the Bank on the Mandatory Repurchase Date.

• The Bank may not assign, sell or transfer this Agreement or its interest in the Series 2014 Note prior to the Mandatory Repurchase Date.

More Definitions of Mandatory Repurchase Date

Mandatory Repurchase Date means, initially, December 18, 2019, subject to extension as set forth in Section 3 of this Agreement.

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

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

Mandatory Repurchase Date shall have the meaning given such term in Section 3(j).

Mandatory Repurchase Date means, with respect to any Series 2005A Bonds, the date on which such Series 2005A Bonds are required to be purchased pursuant to Section 3.07(a).

Mandatory Repurchase Date means a date specified in a notice given ------------------------- pursuant to this Section 6.6 of an offer to repurchase CD&R 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).