Reset Notice definition

Reset Notice has the meaning specified in Section 3.07.
Reset Notice has the meaning given such term in Section 5.11(b).
Reset Notice has the meaning specified in Section 307(b).

Examples of Reset Notice in a sentence

  • Notwithstanding the foregoing, not later than 20 days prior to an Optional Reset Date, the Company may, at its option, revoke the interest rate provided for in the Reset Notice and establish a higher interest rate for the Subsequent Interest Period commencing on such Optional Reset Date by mailing or causing the Trustee to mail notice of such higher interest rate first class, postage prepaid, to the Holder hereof.

  • The Company may exercise such option with respect to such Security by notifying the Trustee of such exercise at least 50 but not more than 60 days prior to an Optional Reset Date for such Security, which notice shall specify the information to be included in the Reset Notice (as defined).


More Definitions of Reset Notice

Reset Notice is defined in Section 5.11(b).
Reset Notice has the meaning specified in Section 307.
Reset Notice has the meaning specified in Section 307. “Responsible Officer,” when used with respect to the Trustee, means any officer of the Trustee assigned to administer corporate trust matters and also means, with respect to a particular corporate trust matter, any other officer to whom such matter is referred because of his or her knowledge of and familiarity with the particular subject.
Reset Notice has the meaning specified in Section 307. "Responsible Officer", when used with respect to the Trustee, means any officer within the Corporate Trust Office (or any successor group of the Trustee) including any managing director, any vice president, any assistant treasurer, any assistant vice president, any assistant secretary, any other officer or assistant officer of the Trustee customarily performing functions similar to those performed by the persons who at the time shall be such officers, respectively, or to whom any corporate trust matter is referred at the Trustee's Corporate Trust Office because of his knowledge of and familiarity with the particular subject.
Reset Notice has the meaning set forth in Section 5.9(b).
Reset Notice means an irrevocable written notice given by the Issuer to the holders of the Notes in accordance with Condition 13 (Notices) designating the next following Reset Date as the date on which the Notes will be reset in accordance with this Condition 5(f) (Resettable Zero Coupon Notes).
Reset Notice means a notice sent by the Trustee by telegram, telex, facsimile transmission, hand delivery or letter (first class, postage prepaid) to the Holder of a Reset Note with respect to which the Company has exercised its option to reset the interest rate or the Spread and/or the Spread Multiplier, indicating (i) that the Company has elected to exercise such option, (ii) such new interest rate or Spread and/or Spread Multiplier and (iii) any provisions for redemption of such Note during the Subsequent Interest Period commencing on the applicable Optional Interest Reset Date.