Premium Call Period definition

Premium Call Period has the meaning set forth under the definition of “Specific Redemption Provisions.”
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Premium Call Period has the meaning set forth under the definition of "Specific Redemption Provisions."
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Premium Call Period means a period consisting of a number of whole years as determined by the Board of Trustees after consultation with the Broker-Dealers, during each year of which the shares subject to such Special Dividend Period will be redeemable at the Trust's option at a price per share equal to the Liquidation Preference plus accumulated but unpaid dividends (whether or not earned or declared) plus a premium expressed as a percentage or percentages of the Liquidation Preference or expressed as a formula using specified variables as determined by the Board of Trustees after consultation with the Broker-Dealers.
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Examples of Premium Call Period in a sentence

  • Subject to the Effective Date Letter, each commitment reduction (or termination) pursuant to Section 4.07(a) above that is made during the Premium Call Period (unless, for the avoidance of doubt, the Premium Call Period has ended as a result of a Premium Call Termination Date), whether in full or in part (or terminates the Financing Commitments in whole) shall be accompanied by a premium equal to 0.50% of the principal amount of such commitment reduction (or termination).

  • A series of 550 shares of preferred shares, without par value, liquidation preference $100,000 per share plus accumulated but unpaid dividends, if any thereon (whether or not earned or declared) plus the premium, if any, resulting from the designation of a Premium Call Period, is hereby designated Remarketed Preferred Shares, Series A.

  • This series of 4,000 shares of preferred shares, without par value, liquidation preference $50,000 per share plus accumulated but unpaid dividends, if any thereon (whether or not earned or declared) plus the premium, if any, resulting from the designation of a Premium Call Period, is hereby designated “Remarketed Preferred Shares, Series I” and is referred to below as “RP”.

  • Premium Call Period has the meaning specified in Specific Redemption Provision, below.

  • DESIGNATION SERIES A A series of 550 shares of preferred shares, without par value, liquidation preference $100,000 per share plus accumulated but unpaid dividends, if any thereon (whether or not earned or declared) plus the premium, if any, resulting from the designation of a Premium Call Period, is hereby designated Remarketed Preferred Shares, Series A.


More Definitions of Premium Call Period

Premium Call Period means the period commencing on the Second Amendment and Restatement Date and ending on, but excluding, the earlier of (i) December 5, 2025 and (ii) any Premium Call Termination Date.
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Premium Call Period means the period beginning on, and including, the last day of the Non-Call Period in effect as of the Effective Date and ending on, but excluding, the twelve month anniversary thereof; provided that, if the Scheduled Termination Date is extended upon a Maturity Extension Request during such period, the "Premium Call Period" shall be extended an additional six (6) months.
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Premium Call Period shall have the meaning set forth below under "Specific Redemption Provisions."
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Premium Call Period has the meaning specified in “Specific Redemption Provision,” below.
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Premium Call Period has the meaning specified in “Specific Redemption Provisions,” below.
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Premium Call Period has the meaning specified in Specific Redemption Provision, below. Pricing Service means Mellon Investdata Corp., or any successor company or entity, or as designated from time to time by the Board of Trustees. Notwithstanding the foregoing, the Board of Trustees will not designate a new Pricing Service unless the Trust has received a written confirmation from Moodys and S&P that such action would not impair the ratings then assigned by Moodys and S&P to shares of RP. Quarterly Valuation Date means the last Business Day of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing October 31, 1989. Remarketing means each periodic operation of the process for remarketing shares of RP as described in Part II hereof. -114-
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Premium Call Period has the meaning specified in Specific Redemption Provision, below. Pricing Service means Mellon Investdata Corp., or any successor company or entity, or as designated from time to time by the Board of Trustees. Notwithstanding the foregoing, the Board of Trustees will not designate a new Pricing Service unless the Trust has received a written confirmation from Moodys and S&P that such action would not impair the ratings then assigned by Moodys and S&P to shares of RP. Quarterly Valuation Date means the last Business Day of each fiscal quarter of the Trust in each fiscal year of the Trust, commencing October 31, 1989. Remarketing means each periodic operation of the process for remarketing shares of RP as described in Part II hereof. Remarketing Agents means Xxxxxxx Lynch, Xxxxxx, Xxxxxx & Xxxxx Incorporated and PrudentialBache Securities Inc. and any additional or successor companies or entities which have entered into an agreement with the Trust to follow the remarketing procedures for the purpose of determining the Applicable Dividend Rate. RP means Remarketed Preferred Shares, Series I, without par value, liquidation preference $100,000 per share, of the Trust to be issued pursuant hereto. RP Basic Maintenance Amount, as of any Valuation Date, means the dollar amount equal to the sum of (i)
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