Note Redemption Account definition

Note Redemption Account shall have the meaning assigned to such term in the Depositary Agreement.
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Note Redemption Account means the Note Redemption Account so designated, established and created by the Depositary Agent pursuant to the Depositary Agreement.
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Note Redemption Account is defined in Section 2.1 of the Depositary Agreement.
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Examples of Note Redemption Account in a sentence

  • The Contributor shall make the Required Equity Contribution by depositing an amount equal to such Required Equity Contribution in the Note Redemption Account no later than 10:00 a.m. (New York City time) on the Offer Settlement Date.

  • On the Redemption Date, the Depositary Agent shall transfer from the Note Redemption Account to the Trustee an amount equal to the purchase price of the Notes to be redeemed pursuant to such Mandatory Redemption.

  • Promptly upon the transfer of any Mandatory Redemption Amounts to the Note Redemption Account, the Company shall, with written notice to the Trustee, set a Redemption Date, which Redemption Date shall be within sixty (60) days following the transfer of monies to the Note Redemption Account in respect of the event giving rise to the Notes being subject to redemption.

  • Upon receipt by the Depositary of the amount demanded hereby, (a) the Depositary will deposit the same in the Note Redemption Account (as defined in the Depositary Agreement), (b) no portion of said amount shall be applied by the Depositary for any other purpose, and (c) no portion of said amount shall be commingled with other funds held by the Depositary.

  • After any amounts are received in the Note Redemption Account, Collateral Agent shall direct Depositary, pursuant to an Account Withdrawal Instruction, to withdraw amounts from the Note Redemption Account in the amount specified in such Account Withdrawal Instruction and to pay such amount on the Offer Settlement Date to any Holder of the Notes that has accepted an Offer to Repay made by the Company pursuant to, and in the amount required by, Section 8.1.3 of the Note Purchase Agreement.

  • The Company shall cause the Sponsor to promptly deposit into the Note Redemption Account any Required Equity Contribution to be made pursuant to and in accordance with Sections 2.1 and 2.2 of the Equity Contribution Agreement.

  • This note is subject to mandatory redemption by the Issuer, in whole or in part, on any Interest Payment Date from certain moneys in the Senior Note Redemption Account of the Note Redemption Fund created pursuant to the Indenture at a redemption price equal to the principal amount thereof plus accrued interest to the redemption date.

  • If any amount remains in the Note Redemption Account after consummation of such Mandatory Redemption, the Company shall direct the Depositary to transfer such amount to the Revenue Account pursuant to the terms of the Depositary Agreement.

  • This note is also subject to mandatory redemption at a redemption price equal to the principal amount thereof plus accrued interest on any Interest Payment Date when excess revenue moneys are deposited in the Senior Note Redemption Account from the Revenue Fund.

  • All payments by IP&L under the Fuel Lease (including all payments of Basic Rent), shall be deposited in the Operating Account and, to the extent not required to be deposited in the Note Redemption Account because of insufficient funds therein for the payment of A Notes that have matured or will mature on the date of determination, shall be paid out of the Operating Account and applied (or held for application) to the Obligations to the extent and in the manner provided in the Security Agreement.


More Definitions of Note Redemption Account

Note Redemption Account shall have the meaning given it in Section 2.03 hereof.
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Related to Note Redemption Account

  • Redemption Account means, in respect of ETP Securities, a bank account to receive payments in the Relevant Currency of the Optional Redemption Amount in respect of the redemption of such ETP Securities, which account shall be:

  • Note Redemption Date means, with respect to any Notes to be redeemed under the Indenture, the date fixed for redemption of such Notes under the Indenture.

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Special Redemption Date has the meaning set forth in Section 10.2.

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

  • Tax Redemption Date means, when used with respect to any Note to be redeemed pursuant to a Tax Redemption, the date fixed for such Tax Redemption pursuant to this Indenture.

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Maturity Redemption Payment means an amount per Deposit to which you are entitled on the Maturity Date based on the performance of the Reference Portfolio which is equal to your Principal Amount x (1 + Variable Return).

  • Optional Redemption shall have the meaning set forth in Section 6(a).

  • Redemption Notes means unsecured subordinated promissory notes of the Trust having a maturity date to be determined at the time of issuance by the Trustee (provided that in no event shall the maturity date be set at a date subsequent to the first Business Day following the fifth anniversary of the date of issuance of such note), bearing interest from the date of issue at a market rate of interest determined at the time of issuance by the Trustee, payable for each month during the term on the 15th day of each subsequent month with all principal being due on maturity, such promissory notes to provide that the Trust shall at any time be allowed to prepay all or any part of the outstanding principal without notice or bonus.

  • Special Redemption has the meaning set forth in Section 15.1.A hereof.

  • Optional Redemption Pricing Date means a Valuation Date on which a Redemption Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

  • Optional Redemption Period shall have the meaning set forth in Section 6(a).

  • Redemption Payment Date As defined in Section 13.1.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Optional Redemption Amount (Put) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Redemption Fund means the Redemption Fund for Refunded Notes created pursuant to Section 501 hereof.

  • Final Redemption Settlement Date means the day that falls three Currency Business Days after the Final Redemption Date.

  • Optional Redemption Price shall have the meaning set forth in Section 3.2.

  • Debenture Redemption Date means, with respect to any Debentures to be redeemed under the Indenture, the date fixed for redemption under the Indenture.

  • Mandatory Redemption Date means, in respect of a Mandatory Redemption Event, the date designated as such in accordance with Condition 8.7.