Redemption Payment definition

Redemption Payment means with respect to any Series or Class of Notes, any payment of principal of and interest on the Notes of such Series or Class due from the Note Issuer upon the early redemption of such Series or Class of Notes, other than any such payment due by reason of the occurrence of an Event of Default with respect to such Series or Class of Notes.

Redemption Payment is defined in Section 10(a).

Redemption Payment means, with respect to the Notes, any payment of principal of and interest on the Notes due from the Note Issuer upon the early redemption of the Notes, other than any such payment due by reason of the occurrence of a Note Event of Default.

Examples of Redemption Payment in a sentence

• Upon receipt of the Mandatory Redemption Payment, the corresponding Note principal and interest will be deemed paid and no longer outstanding.

• On the Redemption Payment Date, the Redemption Amount must be paid in good funds to the Holder.

• The Mandatory Redemption Payment must be received by the Subscriber on the same date as the Company Shares otherwise deliverable or within ten (10) business days after request, whichever is sooner ("Mandatory Redemption Payment Date").

• On the Redemption Payment Date, the Redemption Amount shall be paid in good funds to the Holder.

• In the event the Borrower fails to pay the Redemption Amount on the Redemption Payment Date as set forth herein, then (i) such Notice of Redemption will be null and void, (ii) Borrower will have no right to deliver another Notice of Redemption, and (iii) Borrower’s failure may be deemed by Holder to be a non-curable Event of Default.

More Definitions of Redemption Payment

Redemption Payment means the lesser of:

Redemption Payment means, in relation to any Redeemable Non-Voting Preference Share:

Redemption Payment means the redemption payment to which a Series A Preferred Stockholder is entitled pursuant to Section A.8 hereof, a Series B Preferred Stockholder is entitled pursuant to Section B.8 hereof, a Series C Preferred Stockholder is entitled pursuant to Section C.8 hereof or a Series D Preferred Stockholder is entitled pursuant to Section D.8 hereof.

Redemption Payment means any payment (except payments made in Capital Stock of Holdings) on account of the purchase, redemption, retirement or acquisition (including merger consideration) of (i) any shares of any Group Member’s Capital Stock or (ii) any option, warrant or other right to acquire shares of any Group Member’s Capital Stock.

Redemption Payment means, with respect to a Purchased Eligible Loan to be redeemed pursuant to Section 15, an amount equal to the greater of (x) the proceeds of the sale or other transfer of such Purchased Eligible Loan, if any, including proceeds received subsequent to the redemption date, and (y) the Purchase Price paid by the Department in exchange for the Class A Participation Interest in such Purchased Eligible Loan together with any Participant’s Yield on such Purchase Price calculated through the date of the next scheduled distribution to the Department, less (with respect to (y)) any amount that the Sponsor demonstrates to the satisfaction of the Department, in its sole discretion, was received with respect to such Purchased Eligible Loan and remitted to the Department pursuant to Section 11(b) in satisfaction of a portion of the Participant’s Yield and Purchase Price with respect to such Purchased Eligible Loan.

Redemption Payment is defined in Section 5.01 of this Agreement.

Redemption Payment means a payment equal to the product of the Phantom Unit Value as of the Determination Date multiplied by the number of the Phantom Units being redeemed plus the amount of cash distributions credited to a Participant's account pursuant to the applicable provisions of the underlying Grant Agreement or according to the provisions of the Plan.