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 Premium means with respect to each Series 2051 RVMTP Share to be redeemed an amount equal to:

Optional Redemption Premium means, with respect to any Series, the premium payable by the Fund upon the redemption of VMTP Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

Examples of Optional Redemption Premium in a sentence

Optional Redemption Premium means with respect to 2.60% Series 2015 MTP Shares an amount equal to 0.00% of the Liquidation Preference for such 2.60% Series 2015 MTP Share.
Optional Redemption Premium means with respect to 2.65% Series 2015 # 1 MTP Shares an amount equal to 0.00% of the Liquidation Preference for such 2.65% Series 2015 # 1 MTP Share.
Notwithstanding the foregoing, no Company Optional Redemption Premium Amount shall be due with respect to shares of Series C Preferred Stock subject to the applicable Company Optional Redemption that are being redeemed by the Company’s use of any Qualified Public Offering Proceeds (as defined below) for such redemption.
All calculations of the Series Optional Redemption Premium shall be calculated based on a 360-day year of twelve 30-day months.
Optional Redemption Premium means with respect to 2.60% Series 2015 # 1 MTP Shares an amount equal to 0.00% of the Liquidation Preference for such 2.60% Series 2015 # 1 MTP Share.

More Definitions of Optional Redemption Premium

Optional Redemption Premium has the meaning set forth in the Statement.

Optional Redemption Premium means with respect to each Series 2015 MTP Share an amount equal to:

Optional Redemption Premium has the meaning set forth in the Statement. The word “or” is used in its inclusive sense.

Optional Redemption Premium has the meaning set forth in the Articles Supplementary.

Optional Redemption Premium has the meaning attributed thereto in Exhibit A hereto.

Optional Redemption Premium has the meaning set forth in the Notice.

Optional Redemption Premium means, with respect to any Series, the premium, if any, payable by the Fund upon the redemption of RVMTP Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.