Offer to Redeem definition

Offer to Redeem shall have the meaning assigned to such term in Section 2.10(j).
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Offer to Redeem has the meaning given to that term in section 6.2.
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Offer to Redeem means a written offer (the “Offer”) sent by the Company by first class mail, postage prepaid, to the Trustee, the Paying Agent and each Holder at its last address appearing in the Security Register to Redeem all outstanding Securities at the redemption price (the “Redemption Price”) specified by the provisions of this Indenture. Unless otherwise required by applicable law, the expiration date (the “Expiration Date”) of the Offer to Redeem shall be the 20th Business Day after the date such Offer is mailed at which time the Company is required to accept for payment all Securities or portions thereof properly tendered pursuant to the Offer and the settlement date (the “Redemption Date”) for the payment of such Redemption Price shall be required to be within three Business Days after the Expiration Date. The Offer is required to contain or incorporate by reference information concerning the business of the Company and its Subsidiaries which the Company in good faith believes will assist such Holders to make an informed decision with respect to the Offer to Redeem, including a brief description of the events requiring the Company to make the Offer to Redeem, and any other information required by applicable law to be included therein. The Offer is required to contain all instructions and materials necessary to enable such Holders to tender the Securities pursuant to the Offer to Redeem. The Offer also is required to state:
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Examples of Offer to Redeem in a sentence

  • If any Offer to Redeem is accepted, all redemptions shall be made in accordance with Section 2.10(h).

  • Each such notice shall specify the prepayment or redemption date, the principal amount of each Borrowing or portion thereof to be prepaid or redeemed and, in the case of a mandatory prepayment or Offer to Redeem, a reasonably detailed calculation of the amount of such prepayment.

  • Each prepayment or Offer to Redeem of a Borrowing shall be applied ratably to the Loans included in the prepaid Borrowing and otherwise in accordance with this Section 2.10.

  • Each partial prepayment or Offer to Redeem of any Borrowing shall be in an amount that would be permitted in the case of a Credit Extension of the same Type as provided in Section 2.02, except as necessary to apply fully the required amount of a mandatory prepayment.

  • Not later than one Business Day following the receipt of any Net Cash Proceeds of any Debt Issuance by Parent, U.S. Borrower or any of its U.S. Subsidiaries, U.S. Borrower shall make an Offer to Redeem the maximum principal amount of Borrowings that may be redeemed by applying an amount equal to 100% of such Net Cash Proceeds to make redemptions in accordance with Sections 2.10(h), (i) and (j).

  • Not later than one Business Day following the receipt of any Net Cash Proceeds of any Debt Issuance by Canadian Borrower or any Canadian Subsidiary, the Borrowers, shall make an Offer to Redeem the maximum principal amount of Borrowings that may be redeemed by applying an amount equal to 100% of such Net Cash Proceeds to make redemptions in accordance with Sections 2.10(h) , (i) and (j).

  • The Administrative Agent shall advise the applicable Borrower if an Offer to Redeem is accepted or declined by the Lenders on the Business Day prior to the proposed redemption date.

  • If an Offer to Redeem is declined all funds that were to be used to redeem Borrowings shall revert to the applicable Borrower.

  • If any Offer to Redeem is accepted, all redemptions shall be made in accordance with SECTION 2.10(h).

  • Not later than one Business Day following the receipt of any Net Cash Proceeds of any Debt Issuance by Parent, U.S. Borrower or any of its U.S. Subsidiaries, U.S. Borrower shall make an Offer to Redeem the maximum principal amount of Borrowings that may be redeemed by applying an amount equal to 100% of such Net Cash Proceeds to make redemptions in accordance with SECTIONS 2.10(h), (i) and (j).


More Definitions of Offer to Redeem

Offer to Redeem means a written offer (the “Offer”) sent by the Company by mail postage prepaid or by electronic, digitally signed first class mail, postage prepaid to each Debentureholder at his address appearing in the register on the date of the Offer offering to redeem up to the principal amount of Debentures specified in such Offer at the redemption price specified in such Offer (as determined pursuant to this Indenture). The Offer shall specify an expiration date (the “Offer Expiration Date") of the Offer to Redeem which shall be not less than 30 days or more than 60 days after the date of such Offer and a settlement date (the “Redemption Date") for redemption of Debentures within five Business Days after the Offer Expiration Date. The Company shall notify the Fiscal Agent at least 15 Business Days (or such shorter period as is acceptable to the Fiscal Agent) prior to the mailing of the Offer of the Company’s obligation to make an Offer to Redeem, and the Offer shall be mailed by the Company or, at the Company’s request by the Fiscal Agent in the name and at the expense of the Company. The Offer shall contain information concerning the business of the Company and its subsidiaries which the Company in good faith believes will enable such Debentureholders to make an informed decision with respect to the Offer to Redeem (which at a minimum will include (i) the most recent annual and quarterly financial statements (which requirements may be satisfied by delivery of such documents together with the Offer), (ii) a description of material developments in the Company’s business subsequent to the date of the latest of such financial statements referred to in clause (i) (including a description of the events requiring the Company to make the Offer to Redeem), and (iii) if applicable, appropriate pro forma financial information concerning the Offer to Redeem and the events requiring the Company to make the Offer to Redeem. The Offer shall contain all instructions and materials necessary to enable such Debentureholders to tender Debentures pursuant to the Offer to Redeem. The Offer shall also state: (1) the Section of this Indenture pursuant to which the Offer to Redeem is being made;
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Offer to Redeem means an offer by the Issuer to redeem Notes as required by Section 3.23 of this Indenture. An Offer to Redeem must be made by written offer (the "offer") sent to the Holders. The Issuer will notify the Trustee in writing at least five days (or such shorter period as is acceptable to the Trustee) prior to sending the offer to Holders of its obligation to make an Offer to Redeem, and the offer will be sent by the Issuer or, at the Issuer's request and having been provided to the Trustee by the Issuer, by the Trustee in the name and at the expense of the Issuer.
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Offer to Redeem has the meaning ascribed thereto in subsection 6.1(a)(i);
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Offer to Redeem has the meaning set forth in Section 10.03.
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Offer to Redeem means an offer by the Issuer to redeem Notes as required by paragraph 8(f).
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Related to Offer to Redeem

  • Series A Redemption Notice has the meaning set forth in Section 16.6(b).

  • Offer to Purchase means a written offer (the "Offer") sent by the Company by first class mail, postage prepaid, to each Holder at his address appearing in the Security Register on the date of the Offer offering to purchase up to the principal amount of Securities specified in such Offer at the purchase price specified in such Offer (as determined pursuant to this Indenture). Unless otherwise required by applicable law, the Offer shall specify an expiration date (the "Expiration Date") of the Offer to Purchase which shall be, subject to any contrary requirements of applicable law, not less than 30 days or more than 60 days after the date of such Offer and a settlement date (the "Purchase Date") for purchase of Securities within five Business Days after the Expiration Date. The Company shall notify the Trustee at least 15 Business Days (or such shorter period as is acceptable to the Trustee) prior to the mailing of the Offer of the Company's obligation to make an Offer to Purchase, and the Offer shall be mailed by the Company or, at the Company's request, by the Trustee in the name and at the expense of the Company. The Offer shall contain information concerning the business of the Company and its Subsidiaries which the Company in good faith believes will enable such Holders to make an informed decision with respect to the Offer to Purchase (which at a minimum will include (i) the most recent annual and quarterly financial statements and "Management's Discussion and Analysis of Financial Condition and Results of Operations" contained in the documents required to be filed with the Trustee pursuant to this Indenture (which requirements may be satisfied by delivery of such documents together with the Offer), (ii) a description of material developments in the Company's business subsequent to the date of the latest of such financial statements referred to in clause (i) (including a description of the events requiring the Company to make the Offer to Purchase), (iii) if applicable, appropriate pro forma financial information concerning the Offer to Purchase and the events requiring the Company to make the Offer to Purchase and (iv) any other information required by applicable law to be included therein). The Offer shall contain all instructions and materials necessary to enable such Holders to tender Securities pursuant to the Offer to Purchase. The Offer shall also state:

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

  • Tax Redemption The meaning specified in Section 9.3(a) hereof.

  • Call and Put Redemption Amount means GBP 1 per Preference Share.