Optional Notes Purchase Right definition

Optional Notes Purchase Right. As defined in the Indenture.
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Optional Notes Purchase Right. The option of [ ], or its assignee, to call the Notes on any Payment Date on which the aggregate Scheduled Principal Balance of the Mortgage Loans is equal to or less than 20% of the aggregate Cut-off Date Balance.
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Examples of Optional Notes Purchase Right in a sentence

  • On the day prior to the Payment Date on which the Optional Notes Purchase Right will be exercised, TMI shall deposit the appropriate amount in cash with the Securities Administrator.

  • Upon exercise of the Optional Notes Purchase Right, the Notes shall remain outstanding and neither the lien of the Indenture with respect to the Collateral securing the Notes nor the Notes shall be terminated.

  • The Securities Administrator shall furnish notice of the exercise of the Optional Notes Purchase Right to the applicable Noteholders in compliance with Section 10.02 of the Indenture.

  • In Kinshasa opposition parties were regularly allowed to hold political rallies.

  • This means that no portion of a reach where sediment from eroded hillslope can be trapped by any means, especially if the riparian zone vegetation has been removed.

  • The Issuer shall furnish each Rating Agency and the Indenture Trustee and the Securities Administrator notice of any exercise of a Clean-Up Call Right or the Optional Notes Purchase Right in accordance with Section 10.02 hereof.

  • In addition, if the Optional Notes Purchase Right is exercised, and the Note Purchase Price in connection therewith is provided to the Indenture Trustee in accordance with Section 10.01 hereof, the then Holder of the Notes shall also receive its proportionate share of the Note Purchase Price as provided in Section 10.01 hereof.

  • Notices in connection with redemptions of Notes or the exercise of the Optional Notes Purchase Right shall be mailed to Noteholders as provided in Section 10.02 hereof.

  • After exercise of the Optional Notes Purchase Right each Class of Notes will remain outstanding and will not be retired as provided in the Indenture.

  • Notice of any exercise of the Optional Notes Purchase Right shall be sent by the Indenture Trustee to Securityholders in accordance with the Indenture.

Related to Optional Notes Purchase Right

  • Stock Purchase Right means a right to purchase Common Stock pursuant to Section 11 below.

  • Initial Note A-7 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Initial Note A-8 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Stock Purchase Rights means any warrants, options or other rights to subscribe for, purchase or otherwise acquire any shares of Common Stock or any Convertible Securities.

  • Initial Note A-5 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Initial Note A-6 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Restricted Stock Purchase Right means a right to purchase Stock granted to a Participant pursuant to Section 8.

  • New Convertible Notes means the Company’s 5.0% Senior Unsecured Convertible Notes due 2023.

  • Initial Additional Notes means Additional Notes issued in an offering not registered under the Securities Act and any Notes issued in replacement thereof, but not including any Exchange Notes issued in exchange therefor.

  • Initial Optional Purchase Date The first Distribution Date following the date on which the Aggregate Loan Balance is less than 10.00% of the Cut-off Date Balance.

  • Series B Warrants means, collectively, the Series B Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof and the other Series B Warrants contemplated under Section 2.1 to be issued concurrently at the Closing, which Series B Warrants shall be exercisable beginning immediately and have a term of exercise equal to five (5) years, in the form of Exhibit B-2 attached hereto.

  • Additional Notes means additional Notes (other than the Initial Notes) issued from time to time under this Indenture in accordance with Sections 2.01 and 4.09 hereof.

  • Series A Warrants means, collectively, the Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately from the Closing Date and have a term of exercise equal to five (5) years, in the form of Exhibit A attached hereto.

  • Preferred Stock Purchase Agreement means the Preferred Stock Purchase Agreement, dated September 7, 2008, between the Company and the United States Department of the Treasury.

  • Original Notes means the Initial Notes and any Exchange Notes issued in exchange therefor.

  • Series C Warrants means, collectively, the Series C Common Stock purchase warrants delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which Warrants shall be exercisable immediately and have a term of exercise equal to 9 months, in the form of Exhibit A attached hereto.

  • Initial Note A-4 Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Company Convertible Notes means the convertible notes issued by the Company pursuant to the convertible note purchase agreement by and among the Company, PA Grand Opportunity Limited and other investors named therein dated June 6, 2016, as amended on June 13, 2016.

  • Founder Shares Purchase Agreement shall have the meaning given in the Recitals hereto.

  • Series A Purchase Agreement means the Series A Preferred Unit Purchase Agreement, dated as of June 20, 2017, by and among the Partnership and the Series A Purchasers thereunder, as may be amended from time to time.

  • Class B Warrants means, collectively, the Common Stock purchase warrants in the form of Exhibit C attached hereto delivered to the Purchasers at the Closing in accordance with Section 2.2(a) hereof, which warrants shall be exercisable immediately and have a term of exercise equal to one year.

  • Alternate VRDP Shares Purchase Agreement means any agreement with a successor liquidity provider replacing the VRDP Shares Purchase Agreement (or any replacement therefor) upon its termination in accordance with its terms and containing a Purchase Obligation substantially similar to the Purchase Obligation therein, as determined by the Fund.

  • Initial Note B Holder shall have the meaning assigned to such term in the preamble to this Agreement.

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Series B Purchase Agreement has the meaning set forth in the Recitals.

  • Series C Shares means the shares of Fixed Rate Cumulative Perpetual Preferred Stock, Series C, of the Company.