Redemption Event Notice definition

Redemption Event Notice means a notice delivered by the Swap Counterparty (copying the Determination Agent) to the Issuer specifying the occurrence of a Note Redemption Event and the applicable Early Redemption Date.
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Redemption Event Notice means the notice, substantially in the form set out in Schedule 13, to be delivered to the Noteholders.
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Redemption Event Notice has the meaning set forth in Section 5(d)(iii).
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Examples of Redemption Event Notice in a sentence

  • If a Note Redemption Event occurs on or prior to the Maturity Date (regardless of whether or not it is continuing) and the Swap Counterparty delivers a Redemption Event Notice to the Issuer, all the Notes outstanding (and not some only) shall be redeemed by payment in respect of each Note of the Early Cash Redemption Amount in accordance with the following provisions, and accordingly, Condition 7(b) (Mandatory Redemption) shall not apply.

  • Failure by the Series Calculation Agent to deliver an Early Redemption Event Notice shall not preclude the Issuer from notifying the Series Calculation Agent of the occurrence of one or more than one subsequent event(s) described in Condition 7(c) or 7(d).

  • For the avoidance of doubt, an event described in Condition 7(c) or 7(d) need not be continuing on the date on which the Early Redemption Event Notice is delivered by the Series Calculation Agent.

  • An MTM Trigger Event shall occur if on any Business Day the Market Trigger Condition, as determined by the Series Calculation Agent, has been satisfied and the Series Calculation Agent has notified the Issuer, the Notice Agent, the Clearing System, the Trustee, the Noteholders and the Swap Counterparty of such occurrence within 10 Business Days and such notice shall be deemed to constitute an Early Redemption Event Notice.

  • Upon delivery of a Mandatory Redemption Event Notice, Holders shall thereafter be entitled to receive the Redemption Price with respect to their respective Debentures on the Mandatory Redemption Date.

  • The primary focus of the EllaLink system is to offer a direct one-hop connection for those wishing to reach Latin America from Europe, and vice versa, with the lowest latency.

  • If, prior to the Holder Redemption Date with respect to a Redemption Event caused solely by a NOL Protection Failure Event, such NOL Protection Failure Event is cured, the Company may rescind the Redemption Event Notice.

  • Any failure or delay by the Swap Counterparty to serve a Redemption Event Notice shall not constitute a waiver of the Swap Counterparty’s right to serve such a notice in respect of the relevant event or circumstance or in respect of any other event or circumstance.

  • The Calculation Agent shall notify the Issuer promptly upon its first becoming aware of the occurrence of a Mandatory Redemption Event by delivering a Mandatory Redemption Event Notice and following the delivery of such notice, the Calculation Agent shall, (on behalf of the Issuer), send a copy of the Mandatory Redemption Event Notice to the Trustee, the Custodian, the Counterparty and to the Noteholders in accordance with the provisions of Condition 17 (Notice).

  • For the avoidance of doubt, the right of the Swap Counterparty to deliver a Redemption Event Notice and for the Issuer to redeem the Notes on the Early Redemption Date shall apply notwithstanding that on any day after the Note Redemption Event or the Exercise Date the market value of the Charged Assets or Pari Passu Debt increases and/or the Early Termination Costs decrease.


More Definitions of Redemption Event Notice

Redemption Event Notice means the notice, substantially in the form set out in Schedule 20 (Form of Redemption Event Notice), to be delivered to the Noteholders.
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Related to Redemption Event Notice

  • Redemption Event has the meaning set forth in Section 3.4.

  • Early Redemption Event means that R (k) is equal to or greater than the Early Redemption Level (k) on the respective Observation Date (k).

  • Redemption Notice means a notice in a form approved by the Company by which a holder of Public Shares is entitled to require the Company to redeem its Public Shares, subject to any conditions contained therein.

  • Redemption Rescission Event means the occurrence of (a) any general suspension of trading in, or limitation on prices for, securities on the principal national securities exchange on which shares of Common Stock or Marketable Securities are registered and listed for trading (or, if shares of Common Stock or Marketable Securities are not registered and listed for trading on any such exchange, in the over-the-counter market) for more than six-and-one-half (6-1/2) consecutive trading hours, (b) any decline in either the Dow Xxxxx Industrial Average or the S&P 500 Index (or any successor index published by Dow Xxxxx & Company, Inc. or S&P) by either (i) an amount in excess of 10%, measured from the close of business on any Trading Day to the close of business on the next succeeding Trading Day during the period commencing on the Trading Day preceding the day notice of any redemption of Securities is given (or, if such notice is given after the close of business on a Trading Day, commencing on such Trading Day) and ending at the time and date fixed for redemption in such notice or (ii) an amount in excess of 15% (or if the time and date fixed for redemption is more than 15 days following the date on which such notice of redemption is given, 20%), measured from the close of business on the Trading Day preceding the day notice of such redemption is given (or, if such notice is given after the close of business on a Trading Day, from such Trading Day) to the close of business on any Trading Day at or prior to the time and date fixed for redemption, (c) a declaration of a banking moratorium or any suspension of payments in respect of banks by Federal or state authorities in the United States or (d) the occurrence of an act of terrorism or commencement of a war or armed hostilities or other national or international calamity directly or indirectly involving the United States which in the reasonable judgment of the Company could have a material adverse effect on the market for the Common Stock or Marketable Securities.

  • Redemption Notice Date means, with respect to a Redemption, the date on which the Company sends the Redemption Notice for such Redemption pursuant to Section 4.03(F).

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

  • Mandatory Redemption Event has the meaning given to it in Condition 8.7.

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

  • 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.

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

  • Automatic Early Redemption Event means that:

  • Tax Event Redemption Date means the date upon which a Tax Event Redemption is to occur.

  • Special Mandatory Redemption Event has the meaning specified in Section 3.02(a) hereto.

  • Early Preference Share Redemption Event means the event that occurs if:

  • 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.

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

  • Tax Event Redemption means, if a Tax Event shall occur and be continuing, the redemption of the Notes, at the option of the Company, in whole but not in part, on not less than 30 days nor more than 60 days' written notice.

  • Put Option Event means a Change of Control Event.

  • Early Preference Share Redemption Notice means a notice of early redemption of some or all of the Preference Shares given by or on behalf of the Company in accordance with Condition 6 (Notices).

  • Redemption/Distribution Notice has the meaning set forth in paragraph 4(e) of Annex I.

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

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

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

  • Mandatory Purchase Event means, (i) in connection with the termination of the VRDP Shares Purchase Agreement due to its expiration as of a Scheduled Termination Date, by the fifteenth day prior to any such Scheduled Termination Date, (a) the Liquidity Provider shall not have agreed to an extension or further extension of the Scheduled Termination Date to a date not earlier than 364 days from the Scheduled Termination Date of the VRDP Shares Purchase Agreement then in effect, and (b) the Corporation shall not have obtained and delivered to the Tender and Paying Agent an Alternate VRDP Shares Purchase Agreement with a termination date not earlier than 364 days from the Scheduled Termination Date of the VRDP Shares Purchase Agreement, or (ii) in connection with the termination of the VRDP Shares Purchase Agreement due to a Liquidity Provider Ratings Event or Related Party Termination Event, by the fifteenth day prior to the Liquidity Provider Ratings Event Termination Date or Related Party Termination Date, as the case may be, the Corporation shall not have obtained and delivered to the Tender and Paying Agent an Alternate VRDP Shares Purchase Agreement with a termination date not earlier than 364 days from the Liquidity Provider Ratings Event Termination Date or Related Party Termination Date, as the case may be, of the VRDP Shares Purchase Agreement. The Mandatory Purchase Event shall be deemed to occur on such fifteenth day prior to any Scheduled Termination Date, Liquidity Provider Ratings Event Termination Date or Related Party Termination Date, as the case may be.

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