Redemption Provisions definition

Redemption Provisions. The Securities are not redeemable by the Company prior to Maturity, except upon the occurrence of certain events involving United States taxation, as set forth in the Prospectus dated March 2, 2006 Record Date: The business day immediately preceding each Interest Payment Date
Redemption Provisions. [No provisions for redemption] [The Offered Debt Securities may be redeemed, [otherwise than through the sinking fund,] in whole or in part, at the option of the Company, in the amount of $- or an integral multiple thereof, [on or after -, at the following redemption prices (expressed in percentages of principal amount). If [redeemed on or before -, -%, and if] redeemed during the 12-month period beginning Year Redemption Price - - and thereafter at 100% of their principal amount, together in each case with accrued interest to the redemption date.] [on any interest payment date falling on or after -, at the election of the Company, at a redemption price equal to the principal amount thereof, plus accrued interest to the date of redemption.] [Other possible redemption provisions, such as mandatory redemption upon occurrence of certain events or redemption for changes in tax law] [Restriction on refunding]

Examples of Redemption Provisions in a sentence

  • Upon receiving such Request for Special Dividend Period, the Broker-Dealer(s) shall jointly determine the Optional Redemption Price of the APS during such Special Dividend Period and the Specific Redemption Provisions and shall give the Trust and the Auction Agent written notice (a “Response”) of such determination by no later than the second Business Day prior to such Auction Date.

  • If less than all of the outstanding Tortoise Notes of a series are redeemed on any date, the amount per Holder to be redeemed on such date will be selected by the Company on a pro rata basis in proportion to the principal amount of Tortoise Notes held by such Holders, by lot or by such other method as is determined by the Company to be fair and equitable, subject to the terms of any Specific Redemption Provisions and subject to maintaining authorized denominations as described above.

  • Tortoise Notes may be subject to mandatory redemption as described herein notwithstanding the terms of any Specific Redemption Provisions.

  • The existence or rescission of any Special Dividend Period shall not affect any current Dividend Period or prevent the Board of Trustees from establishing other Special Dividend Periods of similar duration or in any way restrict the Maximum Dividend Rate or Specific Redemption Provisions which may be designated in connection with any other Special Dividend Period.

  • The Fund’s Board of Directors has determined in accordance with Section 10(a)(ii) of the Articles Supplementary that the Special Redemption Provisions are in the best interests of the Fund.


More Definitions of Redemption Provisions

Redemption Provisions. [ ] Yes [X] No. If, Yes, Initial Redemption Date: Initial Redemption Percentage: Annual Redemption Percentage Reduction (if any): Redemption: [ ] In whole only and not in part [ ] May be in whole or in part Additional/Other Terms:
Redemption Provisions. As set forth in the Pricing Term Sheet.
Redemption Provisions. As set forth in the Prospectus Supplement.
Redemption Provisions. As set forth in the Disclosure Package
Redemption Provisions. [No provisions for redemption] [The Designated Securities may be redeemed, otherwise than through the sinking fund, in whole or in part at the option of the Company, in the amount of [$] or an integral multiple thereof, [on or after , at the following redemption prices (expressed in percentages of principal amount). If [redeemed on or before , %, and if] redeemed during the 12-month period beginning , REDEMPTION YEAR PRICE and thereafter at 100% of their principal amount, together in each case with accrued interest to the redemption date.] [on any interest payment date falling in or after , at the election of the Company, at a redemption price equal to the principal amount thereof, plus accrued interest to the date of redemption.] [Other possible redemption provisions, such as mandatory redemption upon occurrence of certain events or redemption for changes in tax law] [Restriction on refunding] SINKING FUND PROVISIONS: [No sinking fund provisions] [The Designated Securities are entitled to the benefit of a sinking fund to retire [$] principal amount of Designated Securities on in each of the years through at 100% of their principal amount plus accrued interest] [,together with [cumulative] [noncumulative] redemptions at the option of the Company to retire an additional [$] principal amount of Designated Securities in the years through at 100% of their principal amount plus accrued interest]. [If Securities are extendable debt Securities, insert -- EXTENDABLE PROVISIONS: Securities are repayable on , [insert date and years], at the option of the holder, at their principal amount with accrued interest. Initial annual interest rate will be %, and thereafter annual interest rate will be adjusted on , and to a rate not less than % of the effective annual interest rate on U.S. Treasury obligations with -year maturities as of the [insert date 15 days prior to maturity date] prior to such [insert maturity date].] [If Securities are Floating Rate debt Securities, insert -- FLOATING RATE PROVISIONS: Initial annual interest rate will be % through [and thereafter will be adjusted [monthly] [on each , , and ] [to an annual rate of % above the average rate for -year [month] [securities] [certificates of deposit] issued by and [insert names of banks].] [and the annual interest rate [thereafter] [from through ] will be the interest yield equivalent of the weekly average per annum market discount rate for -month Treasury bills plus % of Interest Differential (the excess, i...
Redemption Provisions. No provisions for redemption Sinking Fund Provisions: No sinking fund provisions Defeasance provisions: No defeasance provisions Documents to be Delivered: The following documents referred to in the Distribution Agreement shall be delivered as a condition to the Closing: The officers' certificate referred to in Section 5(l). Name and address of Agent: RBC Capital Markets Corporation 1 Liberty Plaza 165 Broadway New York, New York 10006 Other Terms: None Schedule II In connection with the offering of Principal Protected Notes, due June 30, 2010 Linked to the Nikkei 225 Index of Royal Bank of Canada (the "Bank"), RBC Capital Markets Corporation (the "Agent") and the Bank agree as follows:
Redemption Provisions. [Other Provisions:]