Preferred Redemptions definition

Preferred Redemptions has the meaning set forth in the Formation Agreement.
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Preferred Redemptions has the meaning assigned to such term in Section 2.01(a).
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Preferred Redemptions shall have the meaning set forth in Section 5.10.
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Examples of Preferred Redemptions in a sentence

  • DW acknowledges that it will treat the Preferred Redemptions as a liquidating distribution with respect to the Class T/T Interests and Class U Interests so redeemed and shall report the Preferred Redemptions as such under Section 732(b) of the Internal Revenue Code.

  • On the Separation Date, immediately after effecting the transactions contemplated in Section 2.01 and, in the case of (b), (c) and (d) of this Section 2.02, subject to the effectiveness of the Underwriting Agreement and the execution of the Formation Agreement: the LLC shall make the DW Distribution; the applicable Persons shall make the Preferred Contributions; the LLC shall make the Preferred Redemptions; and each applicable Person shall make the Contribution.

  • DW acknowledges that it intends to treat the Preferred Redemptions as a liquidating distribution with respect to the Class T/T Interests and Class U Interests so redeemed and shall report the Preferred Redemptions as such under Section 732(b) of the Internal Revenue Code.

  • We refer to the conversion of the 5.0% Notes Payable into shares of our common stock as the “Conversion.” We refer to the redemptions of the Series A Preferred Stock and the Series B Preferred Stock as the “Preferred Redemptions.” We expect to fund the Preferred Redemptions with: Ÿ the net proceeds of this offering, including net proceeds, if any, from the exercise of the over-allotment option, Ÿ the net proceeds of the TPG Subscription, and Ÿ additional borrowings under the New Term Loan.

  • The unaudited pro forma financial information gives effect to this offering, the TPG Subscription, $385.0 million in total borrowings under the New Term Loan, the Tender Offer, the 13 1/8% Redemption, the Conversion and the Preferred Redemptions.

  • Beginning in 2013, the Preferred Redemptions and the issuance of the Series 6 Stock will result in annual preferred dividend savings of approximately $1.8 million.

  • We plan to use $100.0 million of additional borrowings under the accordion feature of the New Term Loan to fund, in part, the Preferred Redemptions.

  • The Company shall not use any Restricted Cash for any payment made in connection with the Preferred Redemptions.

  • We intend to use the net proceeds to us from the sale of the common stock from this offering and the TPG Subscription, together with $ million of additional borrowings under the New Term Loan and, if necessary, borrowings under the Credit Facility, to fund the Preferred Redemptions and pay costs, fees and expenses in connection with the offering, the TPG Subscription, the additional borrowings under the New Term Loan, the Conversion and the Preferred Redemptions.

  • The unaudited pro forma condensed consolidated income statement data for the year ended January 28, 2006 give effect to the offering, the TPG Subscription, $385.0 million in total borrowings under the New Term Loan, the Tender Offer, the 13 1/8% Redemption, the Conversion and the Preferred Redemptions as if they had occurred on January 29, 2005.

Related to Preferred Redemptions

  • Note Redemption Date means, with respect to any Notes to be redeemed under the Indenture, the date fixed for redemption of such Notes under the Indenture.

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

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

  • 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;

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

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

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • 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.

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

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

  • Debenture Redemption Date means, with respect to any Debentures to be redeemed under the Indenture, the date fixed for redemption under the Indenture.

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

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

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

  • 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.

  • Final 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 determined by the Calculation Agent equal to the Notional Amount multiplied by:

  • Specified Redemption Date means the tenth (10th) Business Day after receipt by the General Partner of a Notice of Redemption; provided that if the Company combines its outstanding REIT Shares, no Specified Redemption Date shall occur after the record date of such combination of REIT Shares and prior to the effective date of such combination.

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

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

  • 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;

  • Make-Whole Redemption Amount means the sum of:

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

  • Initial Redemption Date means, with respect to any Note or portion thereof to be redeemed pursuant to Section 3.1(b), the date on or after which such Note or portion thereof may be redeemed as determined by or pursuant to the Indenture or a Note Certificate of Supplemental Indenture.

  • 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.

  • 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;