Mandatory Repurchase Date definition

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

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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.

Examples of Mandatory Repurchase Date in a sentence

If the Mandatory Repurchase Date is on or after a Regular Record Date and on or before the related Interest Payment Date, any accrued and unpaid interest up to but excluding the Mandatory Repurchase Date, shall be paid to the Person in whose name a note is registered at the close of business on such Regular Record Date, and no additional interest shall be payable to Holders of the Notes who tender Notes pursuant to the Mandatory Repurchase Offer.
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.
From and after the Mandatory Repurchase Date or Optional Tender Date, as applicable, or, if later, the date on which such moneys are made available to the Trustee, interest accruing on such Bonds shall cease to be payable to the prior holder thereof, such Bonds shall cease to be entitled to the benefits or security of this Indenture and to such extent the prior holder shall have recourse solely to the funds held by the Trustee for the purchase of such Bonds as provided in Section 4.06.
If the Acquisition is not consummated on or prior to the Mandatory Repurchase Date, then the Company shall be required on the Mandatory Repurchase Date to repurchase all of the Notes at a price payable in cash equal to the Mandatory Repurchase Price.
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.

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

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

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).