Examples of Par Call Period in a sentence
In connection with any redemption of any New Notes, other than during any Par Call Period, the Issuer shall give the Trustee notice of the redemption price promptly after the calculation thereof and the Trustee shall not be responsible for such calculation.
For the avoidance of doubt, whenever any determination is required to be made as to whether any redemption occurs within or not within a Par Call Period or any other specified period, the actual date of redemption and not the date of notice of redemption shall govern.
The Company may redeem the Series C Preference Shares, in whole or in part, from time to time, during any Par Call Period, at a redemption price equal to $25,000 per Series C Preference Share (equivalent to $25.00 per depositary share), plus the amount of declared and unpaid dividends, if any, without interest on such unpaid dividends.
However, in the scientific arena there are fewer missions and they usually require a higher level of sophistication: synergies between these projects and the commercial sector should be reinforced. Ion Engines, HEMPT, Hall Effect Thruster and FEEP should be fully developed and commercialised in order to keep Europe at the forefront of the technology and enable new missions with very stringent requirements in controllability and propellant mass availability.
At any time during a Par Call Period, subject to Section 4.07, the Company may, at its sole option, redeem the Notes, in whole or in part, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest on such Notes to, but excluding, such Redemption Date.