Offer to Redeem definition

Offer to Redeem shall have the meaning assigned to such term in Section 2.10(j).
Sample 1Sample 2Sample 3
Offer to Redeem shall have the meaning assigned to such term in SECTION 2.10(j).
Sample 1Sample 2
Offer to Redeem has the meaning ascribed thereto in subsection 6.1(a)(i);
Sample 1

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.

  • 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).

  • 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 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).

  • Offer to Redeem upon Change of Control Triggering Event 10 Section 3.02.


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;
Sample 1
Offer to Redeem has the meaning set forth in Section 10.03.
Sample 1
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.
Sample 1
Offer to Redeem means an offer by the Issuer to redeem Notes as required by paragraph 8(f).
Sample 1
Offer to Redeem has the meaning given to that term in section 6.2.
Sample 1
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:
Sample 1

Related to Offer to Redeem

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

  • Offer to Purchase means an offer to purchase Notes by the Company from the Holders commenced by mailing a notice to the Trustee and each Holder stating:

  • 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.

  • 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.

  • Minimum Redemption means, in relation to the Euro Non-RDR ‘Retail’ Unhedged Distribution Shares, a minimum redemption of €250 or such lesser amount as may be agreed by the Directors;

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

  • Make-whole Redemption Rate means the sum, as calculated by the Make-whole Calculation Agent, of the Benchmark Rate and the Make-whole Margin.

  • Change of Control Offer has the meaning provided in Section 4.15.

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

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

  • Make-Whole Redemption Price means, in respect of each Bond, (a) the principal amount of such Bond or, if this is higher, (b) the sum of the then present values of the remaining scheduled payments of principal and interest discounted to the Optional Redemption Date on an annual basis (based on the actual number of days elapsed divided by 365 or (in the case of a leap year) by 366) at the Reference Dealer Rate (as defined below) plus 0.15 per cent., in each case as determined by the Determination Agent;

  • Series A Redemption Price has the meaning set forth in Section 16.6(a).

  • Discount Range Prepayment Offer means the irrevocable written offer by a Term Lender, substantially in the form of Exhibit L, submitted in response to an invitation to submit offers following the Auction Agent’s receipt of a Discount Range Prepayment Notice.

  • 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.

  • 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;

  • Sell Offer means an offer to sell Capacity Resources in a Base Residual Auction, Incremental Auction, or Reliability Backstop Auction.

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • 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.

  • Make-Whole Redemption Amount means the sum of:

  • Tax Event Redemption Price means an amount equal to the unpaid principal amount of this Note to be redeemed, which shall be determined by multiplying (1) the Outstanding Principal Amount of this Note by (2) the quotient derived by dividing (A) the outstanding principal amount to be redeemed by Principal Life of the Funding Agreement by (B) the outstanding principal amount of the Funding Agreement.

  • Indenture Redemption Price has the meaning specified in Section 4.2(c).

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

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

  • 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.