Regulatory Redemption Event definition

Regulatory Redemption Event has the meaning set forth in Exhibit A.
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Regulatory Redemption Event shall have the meaning specified in Section 3.7.
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Regulatory Redemption Event means that (i) the Note Issuer (or its successor) is, becomes or within [180] days will become, subject to capital requirements by a Regulator under which it or its principal subsidiary (or its successor), as applicable, would no longer be permitted to include the Preferred Securities in computing its capital and (ii) (a) a bank, savings and loan association, savings bank, or bank or savings and loan holding company (each a "Depository Institution") has issued or has been the sponsor of a trust or other entity that has issued securities that constitute Tier 1 Capital for such Depository Institution, and which issued securities, or the securities underlying such issued securities, are to be treated by such Depository Institution as indebtedness for U.S. federal income tax purposes, as evidenced by the disclosure document pursuant to which such securities were offered, and (b) Note Issuer has within 60 days of such issuance, received an opinion of independent counsel experienced in such matters that securities having substantially identical terms (except for rate, maturity and payment dates), if issued by Note Issuer or by a Note Issuer sponsored trust or other entity, should constitute Tier 1 Capital for the Note Issuer if the securities issued by such Depositary Institution constituted Tier 1 Capital for such Depositary Institution and should be treated as indebtedness for U.S. federal income tax purposes.
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Examples of Regulatory Redemption Event in a sentence

  • If these conditions are not fulfilled, there shall be a Regulatory Redemption Event which will result in the early redemption of the Instruments.

  • Section 8.1. Repurchase of Securities at Option of the Holder upon Change of Control or Regulatory Redemption Event.

  • If a Regulatory Redemption Event has occurred, for a period of 90 days following written notice to the Trustee of the occurrence of a Regulatory Redemption Event, the Company shall have the right to redeem the Notes in whole at the Redemption Price.

  • If there occurs (i) a Regulatory Redemption Event or (ii) a change in New York law or regulation (other than with respect to taxes) after the Closing Date that materially adversely affects the transferability of the Collateral, the Company shall provide notice to the Trustee and the Insurer of such event or change, not more than 15 days following the date on which the law or regulation giving rise to such event or change is enacted, issued or promulgated.

  • Section 8.1. Repurchase of Securities at Option of the Holder upon Change of Control or Regulatory Redemption Event .....

  • Subject to Condition 6(j), the Tier 2 Subordinated Notes may be redeemed at the option of the Issuer in whole, but not in part, on any Interest Payment Date at any time on giving not less than 30 nor more than 60 days’ notice to Noteholders (which notice shall be irrevocable) following the occurrence of a Regulatory Redemption Event.

  • If a Regulatory Redemption Event has occurred, for a period of 90 days following written notice to the Trustee of the occurrence of a Regulatory Redemption Event, the Company shall have the right to redeem the Notes, in whole or in part, at the Redemption Price.

  • The Ministry of Agriculture, Livestock and Food Supply, as the Central and Higher Level, shall put forward the capacity-building program, after consultation with the Local and Intermediate levels of government.

  • Subject to Condition 5(h), the Additional Tier 1 Subordinated Notes may be redeemed at the option of the Issuer in whole, but not in part, at any time on giving not less than 30 nor more than 60 days’ notice to Noteholders (which notice shall be irrevocable) following the occurrence of a Regulatory Redemption Event.

  • The Notes are subject to mandatory redemption pursuant to Condition 8.2 (Mandatory Redemption), Condition 8.4 (Redemption at option of the Issuer for Regulatory Redemption Event), Condition 8.5 (Redemption for taxation and other reasons) (in each case, where applicable, as amended herein) and paragraph 31(7) (Bond Collateral Prepayment).


More Definitions of Regulatory Redemption Event

Regulatory Redemption Event means a change in New York law or regulation (other than with respect to taxes) that changes the ability of MONY Life to declare shareholder dividends without regulatory approval in a manner that materially adversely affects CB Debt Cash Flow.
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Regulatory Redemption Event means that (i) a Regulatory Event has occurred and (ii) (a) a bank, savings and loan association, savings bank, or bank or savings and loan holding company (each a "Depository Institution") has issued or has been the sponsor of a trust or other entity that has issued securities that constitute Tier 1 Capital for such Depository Institution, and which issued securities, or the securities underlying such issued securities, are to be treated by such Depository Institution as indebtedness for U.S. federal income tax purposes, as evidenced by the disclosure document pursuant to which such securities were offered, and (b) Note Issuer has within 60 days of such issuance, received an opinion of independent counsel experienced in such matters that securities having substantially identical terms (except for rate, maturity and payment dates), if issued by Note Issuer or by a Note Issuer sponsored trust or other entity, should constitute Tier 1 Capital for the Note Issuer if the securities issued by such Depositary Institution constituted Tier 1 Capital for such Depositary Institution and should be treated as indebtedness for U.S. federal income tax purposes.
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Regulatory Redemption Event means that, as a result of:
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Regulatory Redemption Event means an event where the Company determines that there is more than an insubstantial risk that the AT1 Preference Shares are no longer eligible to qualify (in part or in whole) as Additional Tier 1 capital of the Company for the purposes of BNM’s capital adequacy requirements under any regulations applicable to the Company or at any time.
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Related to Regulatory Redemption Event

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

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

  • Mandatory Redemption Date means, in respect of a Mandatory Redemption Event, the date designated as such in accordance with Condition 8.7.

  • Mandatory Redemption means a redemption of ETP Securities in accordance with Condition 8.7.

  • Special Mandatory Redemption has the meaning provided in Section 3.02(a).

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

  • Special Mandatory Redemption Date has the meaning set forth in Section 3.02(b) hereto.

  • Mandatory Redemption Amount means an amount per ETP Security calculated by the Determination Agent equal to the greater of:

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

  • Special Mandatory Redemption Price has the meaning set forth in Section 4.03(a).

  • Mandatory Redemption Price means $25,000 per share of AMPS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends.

  • Mandatory Redemption Settlement Date means, in respect of a Mandatory Redemption Event, the day that falls three Currency Business Days after the day on which the Issuer has received payment in full from the Margin Loan Provider of the amounts payable in respect of the termination of the LS Margin Account Agreement.

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

  • Automatic Early Redemption Event means that:

  • 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.

  • 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.

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

  • 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.

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

  • Tax Redemption Date means, when used with respect to any Note to be redeemed pursuant to a Tax Redemption, the date fixed for such Tax Redemption pursuant to this Indenture.

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • 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 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.

  • Early Redemption Amount means in respect of each Note in circumstances where such Notes are redeemed early pursuant to Conditions 7(b) or (c), the outstanding principal amount of each Note, unless otherwise specified in the Final Terms or Series Offering Document, as applicable;

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