Redemption Premium definition

Redemption Premium means 125%.
Redemption Premium means (i) in the case of the Events of Default described in Section 4(a)(i) - (vi) and (ix) - (xii), 125% or (ii) in the case of the Events of Default described in Section 4(a)(vii) - (viii), 100%.
Redemption Premium means 115%.

Examples of Redemption Premium in a sentence

  • The portion of the Outstanding Amount of this Note subject to redemption pursuant to this Section 10 shall be redeemed by the Company in cash at a price equal to the Redemption Premium of the Asset Sale Optional Redemption Amount (the “Asset Sale Optional Redemption Price”).

  • Each portion of this Note subject to redemption by the Company pursuant to this Section 4(b) shall be redeemed by the Company at a price equal to (i) the product of (A) the Outstanding Amount to be redeemed multiplied by (B) the Redemption Premium (the “Event of Default Redemption Price”).

  • Following the Change of Control Redemption Premium Period, the portion of this Note subject to redemption pursuant to this Section 5 shall be redeemed by the Company in cash at a price equal to 100% of the Outstanding Amount.

  • During the initial Term Rate Period described herein, the 2026 Bonds are subject to optional redemption, upon the written direction of the Borrower to the Trustee (a copy of such direction shall be provided to the Issuer), prior to maturity, in whole or in part at any time on or after January 1, 2030, at a Redemption Price equal to the principal amount thereof, plus the Optional Redemption Premium described below, plus interest accrued to the redemption date.


More Definitions of Redemption Premium

Redemption Premium means (i) in the case of the Events of Default described in Section 4(a) (other than Sections 4(a)(iv) through 4(a)(vi)), 127.5% or (ii) in the case of the Events of Default described in Sections 4(a)(iv) through 4(a)(vi), 100%.
Redemption Premium means 130%.
Redemption Premium means 120%.
Redemption Premium means (i) in the case of the Events of Default described in Section 4(a) (other than Sections 4(a)(ix) through 4(a)(xi)), 125% or (ii) in the case of the Events of Default described in Sections 4(a)(ix) through 4(a)(xi), 100%.
Redemption Premium means, if the VRDP Shares are rated above A1/A+ and its equivalent by all Rating Agencies then rating the VRDP Shares as of the relevant Redemption Date and with respect to the VRDP Shares subject to redemption on such Redemption Date, other than in respect of any redemption required to comply with the VRDP Shares Basic Maintenance Amount or the Minimum VRDP Shares Asset Coverage requirements or any optional redemption in connection with a redemption to comply with the Minimum VRDP Shares Asset Coverage requirements that results in Minimum VRDP Shares Asset Coverage of up to 240%, an amount equal to:
Redemption Premium means 10% of the Principal amount being redeemed.
Redemption Premium means, in relation to debt securities and qualifying debt securities, any premium payable by the issuer of the securities on the redemption of the securities upon their maturity.