Remarketing Purchase Price definition

Remarketing Purchase Price means, with respect to the RVMTP Shares subject to a Remarketing, a price per share equal to the Liquidation Preference per share plus an amount equal to all unpaid dividends and other distributions on such RVMTP Shares accumulated from and including the Date of Original Issuance of such RVMTP Shares to (but excluding) the Mandatory Tender Date for such RVMTP Shares (whether or not earned or declared by the Fund, but excluding interest thereon).

Remarketing Purchase Price means, with respect to the RVMTP Shares subject to a Remarketing, a price per share equal to the Liquidation Preference per share plus an amount equal to all unpaid dividends and other distributions on such RVMTP Shares accumulated from and including the Date of Original Issue of such RVMTP Shares to (but excluding) the Mandatory Tender Date for such RVMTP Shares (whether or not earned or declared by the Fund, but excluding interest thereon).

Remarketing Purchase Price means, with respect to the VMTP Shares subject to a Remarketing, a price per share equal to the Liquidation Preference per share plus an amount equal to all unpaid dividends and other distributions on such VMTP Shares accumulated from and including the Date of Original Issue of such VMTP Shares to (but excluding) the Mandatory Tender Date for such VMTP Shares (whether or not earned or declared by the Corporation, but excluding interest thereon).

Examples of Remarketing Purchase Price in a sentence

• The Company shall purchase such Securities at the Remarketing Purchase Price.

• To secure the Company's payment obligations in this Section 5.06, the Trustee shall have a lien prior to the Securities on all money or property held or collected by the Trustee, except that held in trust to pay the Accreted Principal Amount, Redemption Price, Purchase Price, Remarketing Purchase Price, Change in Control Purchase Price or interest, if any, as the case may be, on particular Securities.

• The Company shall purchase such Securities at a purchase price (the "Remarketing Purchase Price") equal to 100% of the Accreted Principal Amount (including accrued Contingent Accretion, if any) thereof as of the applicable Remarketing Reset Date, plus accrued and unpaid interest (including Liquidated Damages, if any) to, but excluding such Remarketing Reset Date.

• The Company shall purchase such Securities for cash at the Remarketing Purchase Price.

• The Company shall purchase such Securities at a purchase price (the "Remarketing Purchase Price") equal to 100% of the Accreted Principal Amount thereof as of the applicable Remarketing Reset Date, plus accrued and unpaid interest (including Contingent Interest and Liquidated Damages, if any) to, but excluding such Remarketing Reset Date.

• If a Holder of Securities whose Securities were sold in a remarketing does not receive payment for such Securities (with respect to such Holder, a “Failed Settlement”), such Holder will have the right to require the Company to purchase for cash on the date of the Failed Settlement all or a portion of such Securities at the Remarketing Purchase Price.

More Definitions of Remarketing Purchase Price

Remarketing Purchase Price has the meaning set forth in Section 16.04.

Remarketing Purchase Price shall have the meaning assigned to such term in the Indenture.

Remarketing Purchase Price means, with respect to the 2019 VMTP Shares subject to a remarketing, a price per share equal to the Liquidation Preference per share plus an amount equal to all unpaid dividends and other distributions on the such 2019 VMTP Shares accumulated from and including the Date of Original Issue to (but excluding) the Mandatory Tender Date (whether or not earned or declared by the Fund, but excluding interest thereon).