Optional Redemption Percentage definition

Optional Redemption Percentage means 118%.
Sample 1Sample 2
Optional Redemption Percentage means, with respect to each Optional Redemption Date, the applicable percentage determined with respect to such date as follows:
Sample 1Sample 2
Optional Redemption Percentage means, with respect to any given Company Optional Redemption Date or Holder Optional Redemption, as applicable, the sum of (i) 100% plus (ii) the product of (A) six percent (6%) by (B) the quotient of (x) the number of elapsed calendar days during the period commencing on, and including, the Issuance Date through and including such Company Optional Redemption Date or Holder Optional Redemption, as applicable, divided by (y) 720 calendar days.
Sample 1Sample 2

Examples of Optional Redemption Percentage in a sentence

  • The "OPTIONAL REDEMPTION PRICE" shall mean the principal amount of this Debenture being redeemed MULTIPLIED BY the Optional Redemption Percentage.

  • The portion of this Note subject to such Company Optional Redemption pursuant to this Section 5(a) shall be redeemed by the Company in cash at a price (the “Company Optional Redemption Price”) equal to the sum of (A) the applicable Company Optional Redemption Percentage of the Principal being redeemed as of the Company Optional Redemption Date, (B) 100% of accrued and unpaid Interest with respect to such Principal and (C) 100% of accrued and unpaid Late Charges with respect to such Principal and Interest.

  • The portion of this Note subject to redemption pursuant to this Section 9 shall be redeemed by the Company in cash at a price equal to the applicable Optional Redemption Percentage of the Conversion Amount being redeemed as of the Holder Optional Redemption Date (the “Holder Optional Redemption Price”).

  • The portion of this Note subject to redemption pursuant to this Section 8(a) shall be redeemed by the Company in cash at a price (each, a “Company Optional Redemption Price”) equal to the applicable Optional Redemption Percentage of the Conversion Amount being redeemed as of the Company Optional Redemption Date.

  • The portion of this Note subject to redemption pursuant to this Section 6(a) shall be redeemed by the Company in cash at a price (each a “Company Optional Redemption Price”) equal to the Company Optional Redemption Percentage of the Outstanding Amount being redeemed as of the Company Optional Redemption Date.

  • The Optional Redemption Percentage initially shall be 130%; beginning on June 1, 1997, and on the first day of each calendar quarter thereafter, the Optional Redemption Percentage shall be reduced on a straight line basis so that during the last calendar quarter occurring during the term of the Note (assuming that this Note has not been redeemed, converted or paid in full prior thereto) the Optional Redemption Percentage shall be 100%.

  • The "OPTIONAL REDEMPTION PERCENTAGE" initially shall be 130%; beginning on January 1, 1998 and on the first (1st) day of each calendar quarter thereafter, the Optional Redemption Percentage shall be reduced on a straight line basis so that during the last calendar quarter occurring during the term of this Debenture (assuming that this Debenture has not been redeemed, converted or paid in full prior thereto) the Optional Redemption Percentage shall be 100%.

  • The Company shall have applied $900,000 of the $16,078,574 outstanding amount under the New Exchange Note as of the date hereof to the balance of the Holder Master Restricted Account (as defined in the February Waiver Agreement), to partially redeem the New Exchange Note at the Optional Redemption Percentage of the Conversion Amount (as defined in the New Exchange Note) by means of a payment of $750,000 on the date hereof and a payment of $150,000 on the Closing Date.

  • Time Period Optional Redemption Percentage September 1, 2004 - August 31, 2005 102% September 1, 2005 - August 31, 2006 101% Nothing set forth in this Section 4.1 shall preclude the right of Holder to exercise its conversion rights as set forth in Section 3 at any time prior to five business days before the proposed Optional Redemption Date, in which event the redemption of that portion of the Note so converted shall not occur.

  • The "OPTIONAL REDEMPTION PRICE" shall mean the principal amount of this Note being redeemed, MULTIPLIED BY the Optional Redemption Percentage.


More Definitions of Optional Redemption Percentage

Optional Redemption Percentage means 100%.
Sample 1Sample 2
Optional Redemption Percentage means, where "X" represents the Issue Date: Number of Months After Issue Date Optional Redemption Percentage ---------------- ------------------------------ 36 < X <= 48 103% 48 < X <- 60 100%
Sample 1
Optional Redemption Percentage means 110%.
Sample 1
Optional Redemption Percentage means with respect to any Optional Redemption Date during any period set forth below the percentage set forth below opposite such period:
Sample 1

Related to Optional Redemption Percentage

  • Redemption Percentage means:·on any Redemption Order Date, a fraction, expressed as a percentage:–the numerator of which is the aggregate number of Down MacroShares that are being redeemed and the denominator of which is the aggregate number of Down MacroShares that are outstanding prior to the redemption, in the case of the Down MacroShares; and –the numerator of which is the aggregate number of Up MacroShares that are being redeemed and the denominator of which is the aggregate number of Up MacroShares that are outstanding prior to the redemption, in the case of the Up MacroShares; or·on the Final Scheduled Termination Date or an Early Termination Date, a percentage equal to 100%.

  • 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 (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;

  • 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;

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

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

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

  • 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 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.

  • 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;

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

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • Automatic Early Redemption Amount means the Automatic Early Redemption Amount specified in the relevant Final Terms.

  • Make-Whole Redemption Amount means the sum of:

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

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Early Redemption Amount (k) means the "Early Redemption Amount (k)" as calculated or, respectively specified by the Calculation Agent pursuant to § 4 (2) of the Special Conditions.

  • Final Redemption Value means the Underlying Reference Value.

  • Make-Whole Redemption Margin means the margin specified as such in the relevant Final Terms.

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

  • Early Preference Share Redemption Amount means, subject to the provisions of the Articles and the Conditions, in respect of each Preference Share, an amount expressed in the Settlement Currency calculated by the Calculation Agent as the fair market value (calculated without taking into account the creditworthiness of the Company) of a Preference Share as of the Early Preference Share Valuation Date taking into account such factor(s) as the Calculation Agent determines appropriate, including, but not limited to, the relevant Early Preference Share Redemption Event after deducting any Associated Costs (to the extent not already reflected in such fair market value).

  • Conversion Percentage means, (A) the number of Class B Ordinary Shares being converted, divided by (B) the total number of Class B Ordinary Shares issued and outstanding (i.e. up to 1,000).

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