Par Redemption Price definition

Par Redemption Price shall have the meaning set forth in Section 3.01(b).
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Par Redemption Price on any date means an amount equal to the sum of (a) $1,000 plus (b) an amount equal to the accrued but unpaid dividends on the share of Series B Convertible Preferred Stock to be redeemed to the Par Redemption Date, plus (c) an amount equal to the accrued and unpaid interest on dividends in arrears on such share of Series B Convertible Preferred Stock to the Par Redemption Date (determined as provided in Section 5).
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Par Redemption Price. ’ means, in respect of each Note, an amount equal to the sum of its denomination plus the accrued and unpaid interest thereon for the then current Interest Period (including Arrears of Interest and interest thereon) and, if the Redemption Date is on or within five business days following an Interest Payment Date, the interest payable thereon with respect to that Interest Payment Date, to the extent unpaid and any Additional Amounts.
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Examples of Par Redemption Price in a sentence

  • If the giving of the notice of redemption is completed as provided in the Indenture, interest on such Securities or portions of Securities shall cease to accrue on and after the Make-Whole Redemption Date or Par Redemption Date, as applicable, unless the Company shall default in the payment of such Make-Whole Redemption Price or Par Redemption Price, as applicable, and accrued interest with respect to any such Security or portion thereof.

  • Subject to the terms of this Section 16.01, the Company has the right, at its election, to redeem all, or any portion of, the Notes equal to €1,000,000 or in integral multiples of €500,000 in excess thereof (provided that Notes of €1,000,000 or less may only be redeemed in whole and not in part), at any time and from time to time, on a Redemption Date on or before the first anniversary of the Issue Date, for a cash purchase price equal to the Par Redemption Price.

  • Subject to the terms of this Section 16.01, the Company shall be required to redeem €96,750,000 in aggregate principal amount of the Notes (or, if the outstanding amount of Notes at such time is less than such amount, all of the Notes) on the first anniversary of the Issue Date, for a cash purchase price equal to the Par Redemption Price.

  • Beginning on February 28, 2010, the Company may be required by the Holders to redeem a portion of the Notes at the Par Redemption Price and the Holders shall have a right (the “Tax Put Right”) to require the Company to purchase from the Holders, at market price, up to $5,000,000 of the Company’s common stock to satisfy the Holders income tax liability resulting from the redemption.


More Definitions of Par Redemption Price

Par Redemption Price shall have the meaning specified in Section 16.01(h)(i).
Sample 1
Par Redemption Price means, for any Notes to be redeemed pursuant to Section 16.01(b), 100% of the principal amount of such Notes, plus accrued and unpaid interest, if any, to, but excluding, the Redemption Date (unless the Redemption Date falls after a Regular Record Date but on or prior to the immediately succeeding Interest Payment Date, in which case interest accrued to the Interest Payment Date shall be paid to Holders of record of such Notes as of the close of business on such Regular Record Date, and the Par Redemption Price shall be equal to 100% of the principal amount of such Notes).
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Related to Par Redemption Price

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

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

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

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

  • 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;

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

  • 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 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.

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • Change of Control Redemption Price shall have the meaning set forth in Section 7.3;

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • 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;

  • 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;

  • Special Event Redemption Price has the meaning specified in Section 11.2.

  • Mandatory Redemption Price means $25,000 per share of AMPS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends.

  • 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.

  • 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.

  • Redemption Call Purchase Price has the meaning set out in Section 5.2(a).

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

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

  • Make-Whole Redemption Amount means the sum of:

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

  • 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.

  • 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;

  • Redemption Prices means, collectively, Event of Default Redemption Prices, and the Company Optional Redemption Prices and each of the foregoing, individually, a “Redemption Price.”

  • 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.