Examples of Put Option Date in a sentence
The Book closure / Record date will be 15 (fifteen) days prior to the Interest Payment / Final Maturity Date / Contingent Early Redemption Date (if applicable) / Call Option Date (if applicable) / Put Option Date (if applicable) or as may be directed by SEBI from time to time.
If the Rating Agencies do not confirm such ratings, no Put Option Notes will be redeemed on the First Put Option Date and the Relevant Margin on each Class of Put Option Notes will remain unchanged.
From (and including) the First Put Option Date, the Relevant Margin of the Put Option Notes outstanding, shall be reduced to the Post-Put Option Date Margin, subject to the below.
With respect to any Put Option Date after the First Put Option Date (and provided that there is no Principal Deficiency on any of the Put Option Notes) the following is applicable: The Put Option Notes in respect of which the Put Option is exercised will be redeemed in full, at their aggregate Notes Principal Amount Outstanding, subject to Note Condition 5, on the relevant Put Option Date.
With respect to any Put Option Date (including the First Put Option Date) where there is a Principal Deficiency on any of the Put Option Notes, the following is applicable: The Issuer will not redeem any of the Put Option Notes that have been offered for redemption and the Relevant Margin on each Class of Put Option Notes will remain unchanged.