Required Regulatory Redemption definition

Required Regulatory Redemption means a redemption by the Issuers of any Holder's Notes pursuant to, and in accordance with, any order of any Governmental Authority with appropriate jurisdiction and authority relating to a Gaming License, or to the extent necessary in the reasonable, good faith judgment of the Managers to prevent the loss, failure to obtain or material impairment or to secure the reinstatement of, any Gaming License, where such redemption or acquisition is required because the Holder or beneficial owner of Notes is required to be found suitable or to otherwise qualify under any gaming laws and is not found suitable or so qualified within a reasonable period of time.
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Required Regulatory Redemption shall have the meaning specified in Section 3.2.
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Required Regulatory Redemption means a redemption by the Company, any Guarantor or any Subsidiary of the Company or any Guarantor of any of such person's securities pursuant to, and in accordance with, any order of any Governmental Authority with appropriate jurisdiction and authority relating to a Gaming License held by the Company or an Affiliate of the Company (including HET and any Affiliate of HET) or a wholly owned Subsidiary of the Company, or to the extent necessary in the reasonable, good faith judgment of the Board of Directors of HET, in the case of HET or one of its affiliates, or the Manager of the Company, to prevent the loss, failure to obtain or material impairment or to secure the reinstatement of, any such Gaming License, where such redemption or acquisition is required because the holder or beneficial owner of such security is required to be found suitable or to otherwise qualify under any gaming laws and is not found suitable or so qualified within a reasonable period of time. Without limiting the generality of the foregoing, if the Company receives written notice from Xxxxxx'x Management Company pursuant to Section 21.03 of the Management Agreement that Securities have been transferred to a Non-Qualified Person (as defined in the Management Agreement), the Company shall be entitled to redeem such Securities from such Non-Qualified Person and such redemption shall be a Required Regulatory Redemption.
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Examples of Required Regulatory Redemption in a sentence

  • The Issuers shall not be required to make mandatory redemption payments with respect to the Notes (except for a Required Regulatory Redemption).

  • The Issuers shall give each notice to the Trustee provided for in this Section 3.3 at least 45 days (unless a shorter period is acceptable to the Trustee) before the Redemption Date (unless a different notice period shall be required by a Gaming Authority with respect to a Required Regulatory Redemption).

  • Any Required Regulatory Redemption shall, except as specifically provided in this Section 3.8, be made in accordance with the applicable provisions of Sections 3.3, 3.4 and 3.5 unless other procedures are required by any Gaming Authority.

  • At least 30 days but not more than 60 days before a redemption date (except in the case of a Required Regulatory Redemption requiring less notice), the Issuers shall mail a notice of redemption by first class mail to each Holder whose Notes are to be redeemed at such Holder's registered address.

  • Notwithstanding any other provision of this Indenture, the Notes shall be redeemable in whole or in part, at any time pursuant to, and in accordance with, a Required Regulatory Redemption.

  • There shall be no mandatory redemption of the Notes (other than a Required Regulatory Redemption).

  • In the event of a Required Regulatory Redemption, the Company shall notify the Trustee (a "Trustee Redemption Notice") of any redemption under this Section 3.1, and upon receipt of such notice, the Trustee shall not accord any rights or privileges under this Indenture or any Security to any Securityholder or owner of a beneficial or voting interest who is required to dispose of any Security or tender it for redemption, except to pay the Redemption Price upon tender of such Security.

  • The Securities shall be redeemable in whole or in part at the election of the Company, except as set forth in the Indenture, at the Redemption Price at any time and from time to time, and shall be redeemed in whole or in part at any time pursuant to a Required Regulatory Redemption at the Redemption Price.

  • If less than all of the Securities are to be redeemed pursuant to Paragraph 5 thereof (except in the case of a Required Regulatory Redemption), the Trustee shall select from among such Securities to be redeemed pro rata or by lot or by such other method as the Trustee shall determine to be fair and appropriate and in such manner as complies with any applicable legal and stock exchange requirements.

  • Subject to the provisions of Section 5.15, the Securities shall be redeemable in whole or in part at the election of the Company at the Redemption Price at any time and from time to time as herein provided, and shall be redeemed in whole or in part at any time pursuant to a Required Regulatory Redemption at the Redemption Price.


More Definitions of Required Regulatory Redemption

Required Regulatory Redemption means a redemption by the Company, any Guarantor or any Subsidiary of the Company or any Guarantor of any of such Person's securities pursuant to, and in accordance with, any order of any Governmental Authority with appropriate jurisdiction and authority relating to a Gaming License held by the Company or an Affiliate of the Company (including HET and any Affiliate of HET) or a Wholly-Owned Subsidiary of the Company, or to the extent necessary in the reasonable, good faith judgment of the Board of Directors of JCC Holding, in the case of the Company or an Affiliate of the Company, or of HET, in the case of HET, one of its Affiliates, or the manager of the Company, to prevent the loss, failure to obtain or material impairment or to secure the reinstatement of, any such Gaming License, where such redemption or acquisition is required because the holder or beneficial owner of such security is required to be found suitable or to otherwise qualify under any gaming laws and is not found suitable or so qualified within a reasonable period of time.
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Required Regulatory Redemption means a redemption by the Company of any of such Holder's Notes pursuant to, and in accordance with, any order of any Governmental Authority with appropriate jurisdiction and authority relating to a Gaming License, or to the extent necessary in the reasonable, good faith judgment of the Board of Directors of the Company to prevent the loss, failure to obtain or material impairment or to secure the reinstatement of, any material Gaming License, where such redemption or acquisition is required because the Holder or beneficial owner of Notes is required to be found suitable or to otherwise qualify under any gaming laws and is not found suitable or so qualified within a reasonable period of time.
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Required Regulatory Redemption means a redemption by the Company, any Guarantor or any Subsidiary of the Company or any Guarantor of any of such person's securities pursuant to, and in accordance with, any order of any Governmental Authority with appropriate jurisdiction and authority relating to a Gaming License held by the Company or an Affiliate of the Company (including HET and any Affiliate of HET) or a wholly owned Subsidiary of the Company, or to the extent necessary in the reasonable, good faith judgment of the Board of Directors of HET, in the case of HET or one of its affiliates, or the Board of Directors of the Manager, to prevent the loss, failure to obtain or material impairment or to secure the reinstatement of, any such Gaming License, where such redemption or acquisition is required because the holder or beneficial owner of such security is required to be found suitable or to otherwise qualify under any gaming laws and is not found suitable or so qualified within a reasonable period of time.
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Required Regulatory Redemption means a redemption by the Issuers of any Holder's Notes pursuant to, and in accordance with, any order of any Governmental Authority with appropriate jurisdiction and authority relating to a Gaming License, or to the extent necessary in the reasonable, good faith judgment of the Managers of the Company to prevent the loss, failure to obtain or material impairment or to secure the reinstatement of, any Gaming License, where such redemption or acquisition is required because the Holder or beneficial owner of Notes is required to be found suitable or to otherwise qualify under any gaming or similar laws and is not found suitable or so qualified within 30 days after being requested to do so (or such lesser period that may be required by any Governmental Authority).
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Required Regulatory Redemption means a redemption of Holder's ------------------------------ Securities (i) pursuant to, and in accordance with, any order of any Governmental Authority with appropriate jurisdiction and authority relating to a Gaming License, or (ii) to the extent necessary in the reasonable, good faith judgment of the Board of Directors of the Company to prevent the loss, failure to obtain or material impairment or to secure the reinstatement of, any Gaming License, which if lost, impaired or not obtained or reinstated would reasonably be expected to have a material adverse effect on any of the Guarantors or would restrict the ability of any of the Guarantors to conduct business in any Gaming Jurisdiction, in the case of each of (i) and (ii) where such redemption or acquisition is required because the Holder or beneficial owner of such Security is required to be found suitable, or to otherwise qualify, under any Gaming Laws and is not found suitable or so qualified.
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Related to Required Regulatory Redemption

  • Special Mandatory Redemption has the meaning set forth in Section 3.07.

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

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

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

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

  • Special Mandatory Redemption Price means 100% of the principal amount of the Notes plus accrued and unpaid interest on the principal amount of the Notes to, but not including, the Special Redemption Date.

  • 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.

  • Initial Required Registration Amount means (I) the sum of (i) the number of Common Shares and (ii) the maximum number of Warrant Shares issued and issuable pursuant to the Warrants, without regard to any limitations on exercise of the Warrants or (II) such other amount as may be permitted by the staff of the SEC pursuant to Rule 415.

  • Initial Redemption Date means, with respect to any Note or portion thereof to be redeemed pursuant to Section 3.1(b), the date on or after which such Note or portion thereof may be redeemed as determined by or pursuant to the Indenture or a Note Certificate of Supplemental Indenture.

  • Failed Remarketing Condition—Purchased VRDP Shares Redemption means redemption by the Fund, 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 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 period of six months during which such VRDP Shares 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 Fund on a first-in, first-out basis, in accordance with and subject to the provisions of the VRDP Fee Agreement and this Statement.

  • 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.

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

  • 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.

  • Special Redemption Date has the meaning set forth in Section 10.2.

  • Redemption Conditions means, with respect to any payment of cash in respect of the principal amount of any Permitted Convertible Debt, satisfaction of each of the following events: (a) no Default or Event of Default shall exist or result therefrom, and (b) both immediately before and at all times after such redemption, Borrower’s Qualified Cash shall be no less than the sum of 150% of the outstanding Secured Obligations plus the Qualified Cash A/P Amount.

  • Additional Required Registration Amount means any Cutback Shares not previously included on a Registration Statement, all subject to adjustment as provided in Section 2(f).

  • 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.

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).

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

  • Make-Whole Redemption Amount means the sum of:

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

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.