Redemption Right Trigger Date definition

Redemption Right Trigger Date means the date that is the sixth anniversary of the closing date of a Series A Holder’s purchase of Series A Preferred Units.
Sample 1Sample 2Sample 3
Redemption Right Trigger Date shall have the meaning set forth in Section 2.D(i).
Sample 1

Examples of Redemption Right Trigger Date in a sentence

  • Subject to Sections 7(b)(iv) and 7(c) below, a Series A-1 Holder shall have the right, on the Series A-1 Redemption Right Trigger Date and on each anniversary of the Series A-1 Redemption Right Trigger Date, to require the Partnership to redeem the Series A-1 Preferred Units, in whole or in part, held by such Series A-1 Holder from any source of funds legally available for such purpose.

  • On and after a Redemption Right Trigger Date with respect to any particular Series D-17 Preferred Units, the General Partner may, at its option, cause the Partnership to redeem those Series D-17 Preferred Units, in whole or in part, as set forth herein, subject to the provisions described below, at a redemption price, payable in cash, in an amount equal to $25 per unit for the Series D-17 Preferred Units being redeemed (the “Redemption Price”).

Related to Redemption Right Trigger Date

  • Redemption Period means the period from, and including, the relevant Redemption Notice Date until the close of business on the second Scheduled Trading Day immediately preceding the related Redemption Date.

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

  • Redemption Right has the meaning set forth in Section 11.01(a).

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

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

  • Voting Rights Triggering Event means the failure of the Company to pay dividends on the Preferred Stock with respect to six or more quarterly periods (whether or not consecutive).

  • Automatic Early Redemption Event means that:

  • Initial Triggering Event means any of the following events or transactions occurring after the date hereof:

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

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

  • 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 Rights means the redemption rights provided for in Section 9.2 of the SPAC Certificate of Incorporation.

  • Early Preference Share Redemption Date means the day falling ten Business Days after the Early Preference Share Valuation Date.

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

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

  • Automatic Early Redemption Date means each Automatic Early Redemption Date specified in the relevant Final Terms.

  • 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.

  • Subsequent Triggering Event means any of the following events or transactions occurring after the date hereof: (i) The acquisition by any person (other than Grantee or any Grantee Subsidiary) of beneficial ownership of 25% or more of the then outstanding Common Stock; or (ii) The occurrence of the Initial Triggering Event described in clause (i) of subsection (b) of this Section 2, except that the percentage referred to in clause (z) of the second sentence thereof shall be 25%.

  • Early Redemption Date means the date on which the Notes become due and payable pursuant to Condition 9;

  • Series A Redemption Date has the meaning set forth in Section 16.6.

  • Failed Remarketing Condition—Purchased VRDP Shares Redemption means redemption by the Corporation, at a redemption price equal to $100,000 per share plus accumulated but unpaid dividends thereon (whether or not earned or declared) to, but excluding, the date fixed by the Board of Directors for redemption, of shares of a Series of VRDP Shares that the Liquidity Provider shall have acquired pursuant to the Purchase Obligation and continued to be the beneficial owner of for federal income tax purposes for a continuous period of six (6) months during which such VRDP Shares are tendered for Remarketing on each Business Day in accordance with the Related Documents but cannot be successfully remarketed (i.e., a Failed Remarketing Condition-Purchased VRDP Shares shall have occurred and be continuing for such period of time with respect to such VRDP Shares), determined by the Corporation on a first-in, first-out basis, in accordance with and subject to the provisions of the Fee Agreement and these Articles Supplementary.

  • 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).

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

  • Make-Whole Redemption Margin means the margin specified as such in the relevant Final Terms.

  • Make-whole Redemption Rate means the sum, as calculated by the Make-whole Calculation Agent, of the Benchmark Rate and the Make-whole Margin.

  • 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).