Partial Optional Redemption definition

Partial Optional Redemption. An Optional Redemption relating to only a portion of the Term Assets.
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Examples of Partial Optional Redemption in a sentence

  • Such redemption shall be a redemption of the Certificates as a whole if the Optional Redemption is redemption of the Term Assets as a whole, and shall be a redemption of the Certificates in part, as described in the next subsection, if the Optional Redemption is a Partial Optional Redemption.

  • In the event of a Partial Optional Redemption or an exchange of Certificates for Term Assets pursuant to Section 8 of the Series Supplement referred to below, the Fixed Payment to the holders of the Amortizing Class Certificates and the Certificate Principal Balance of this Certificate will be reduced in accordance with the Trust Agreement.

  • In the event of a Partial Optional Redemption or an exchange of Certificates for Term Assets pursuant to Section 8, the Fixed Payment to the holders of the Amortizing Class Certificates will be reduced, effective on the next Scheduled Distribution Date, pro rata with the reduction of the Term Assets, and the Trustee shall thereafter adjust the Amortization Schedule on the basis of the new Aggregate Certificate Principal Balances following the Optional Redemption Date.

  • The Company will provide notice (a “Partial Optional Redemption Notice”) to the Escrow Agent and the Trustee of the Partial Optional Redemption and such Partial Optional Redemption Notice will include the principal amount of the Notes to be redeemed and the price to be paid in the Partial Optional Redemption.

  • In the event of a Partial Optional Redemption or an exchange of Certificates for Term Assets pursuant to Section 8, the payments of interest received from CHR on account of the Term Assets made to the holders of the Residual Class Certificates will be reduced, effective on the next Scheduled Distribution Date, pro rata with the reduction of the Term Assets.

  • In the case of a Partial Optional Redemption Date, the Principal Balance due on the Notes shall be determined as set forth in Condition 8d (Optional Redemption).

  • Once a Special Redemption Notice or Partial Optional Redemption Notice is sent in accordance with Section 3.01 or Section 3.02, as applicable, Notes called for redemption become irrevocably due and payable on the Special Mandatory Redemption Date or the date of the Partial Optional Redemption, as applicable, at the Special Mandatory Redemption Price or the Partial Optional Redemption Price, as applicable.

  • Selection of the Notes to be redeemed in a Partial Optional Redemption will be made on a pro rata basis or as otherwise required by the procedures of the applicable Clearing System.

  • The Partial Optional Redemption Notice shall state (A) the date on which the Partial Optional Redemption shall occur (the "Partial Optional Redemption Date") which date shall be not less than three (3) nor more than ten (10) Business Days following the Partial Optional Redemption Notice Date and (B) the Conversion Amount of this Note to be redeemed pursuant to this Section 9(b) (the "Holder Partial Optional Redemption Amount"), which amount shall not exceed the Partial Optional Redemption Amount.

  • In respect of any Partial Optional Redemption, there must remain outstanding after such Partial Optional Redemption an aggregate Principal Balance of Notes equal to the sum of the Initial Notional Amounts of: (i) all Reference Assets in respect of which a Credit Event Notice Date has occurred but the related Credit Protection Payment has not yet been paid, and (ii) all ABS Reference Securities in respect of which a Partial Credit Event Notice Date has occurred and is outstanding.

Related to Partial Optional Redemption

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

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

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

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

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

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

  • 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;

  • Special Redemption has the meaning set forth in Section 15.1.A hereof.

  • Make-Whole Redemption Amount means the sum of:

  • 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.

  • 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;

  • 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.

  • Minimum Redemption means, in relation to the Euro Non-RDR ‘Retail’ Unhedged Distribution Shares, a minimum redemption of €250 or such lesser amount as may be agreed by the Directors;

  • Optional Redemption Settlement Date means the second Valuation Date after the Optional Redemption Pricing Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • Special Redemption Date has the meaning set forth in Section 10.2.

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

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

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

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

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

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

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