Mandatory Tender Date definition

Mandatory Tender Date shall have the meaning as set forth in Section 2.5(a)(iii)(C).
Mandatory Tender Date means any date on which a Multi-Modal Bond is subject to mandatory tender in accordance with the Certificate.
Mandatory Tender Date means the latest of (a) the Initial Mandatory Tender Date and (b) if the Bonds Outstanding on such date or on any subsequent Mandatory Tender Date are remarketed pursuant to Section 3.07 for a Remarketing Period that does not extend to the final maturity of the Bonds, the day after the last day of the Remarketing Period.

Examples of Mandatory Tender Date in a sentence

  • The Remarketing Agent appointed by the Borrower shall use its best efforts to offer for sale: (i) all Term Rate Bonds required to be purchased on a Mandatory Tender Date as described in Section 3.5, and (ii) any Borrower Bonds (as hereinafter defined), provided that in no event shall the Remarketing Agent remarket any Bonds to the Issuer.

  • While Bonds are in a Term Rate Mode, on each Mandatory Tender Date and on any Business Day on or after the Earliest Optional Mode Change Date, the Borrower may convert all or a portion of such Term Rate Bonds to bear interest at a new Term Rate for a new Term Rate Period selected by the Borrower or convert all or a portion of such Bonds to bear interest at a Fixed Rate.

  • If the Trustee receives notice from the Borrower of rescission of a Mode change after the Trustee has given notice thereof to the Owners of the Bonds, then if the proposed Conversion Date would have been a Mandatory Tender Date solely as a result of such conversion, the Trustee shall give notice of such rescission to the Owners of the Bonds, and such date shall no longer be a Mandatory Tender Date.

  • Each Owner and each beneficial owner of Term Rate Bonds, by its acceptance of such Term Rate agrees to tender its Term Rate Bonds to the Trustee for purchase on each Mandatory Tender Date at the applicable Purchase Price.

  • The failure to send such notice with respect to any Term Rate Bond shall not affect the validity of the mandatory purchase of any other Term Rate Bond with respect to which notice was so sent or the mandatory purchase on a Scheduled Mandatory Tender Date.


More Definitions of Mandatory Tender Date

Mandatory Tender Date means each date on which any of the 202_ Series - Bonds are subject to mandatory tender pursuant to Section C303 hereof.
Mandatory Tender Date means the date on which the Bonds are subject to mandatory tender for purchase on the last day of the Initial Period pursuant to Section 3.10 of the Indenture.
Mandatory Tender Date means any date on which an Adjustable Rate Bond is subject to mandatory tender in accordance with the Indenture.
Mandatory Tender Date means any date on which Class A Certificates, other than Affected Certificates, are subject to Mandatory Tender pursuant to Section 6.04 of the Standard Terms following the occurrence of a Mandatory Tender Event.
Mandatory Tender Date means, with respect to any Note, a date on which such Note is required to be tendered for purchase by or on behalf of the Corporation in accordance with the provisions in the Supplemental Indenture providing for the issuance thereof.
Mandatory Tender Date means the same as that term is defined in the Indenture.
Mandatory Tender Date means a date on which a Bond is to be purchased pursuant to a Mandatory Tender.