Reset Notice definition

Reset Notice has the meaning specified in Section 307(b).

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

Reset Notice has the meaning specified in Section 3.07.

Examples of Reset Notice in a sentence

• 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).

• Within 10 Business Days after the receipt by the Partnership of such Reset Notice, the Partnership shall deliver a written notice to the holder or holders of the Incentive Distribution Rights of the Partnership’s determination of the Aggregate Quantity of IDR Reset Common Units that each holder of Incentive Distribution Rights will be entitled to receive.

• The Reset Notice shall be substantially in the form of Exhibit A to this Note.

• Within 10 Business Days after the receipt by the Partnership of such Reset Notice, the Partnership shall deliver a written notice to the holder or holders of the Incentive Distribution Rights of the Partnership’s determination of the aggregate number of Common Units that each holder of Incentive Distribution Rights will be entitled to receive.

• Notwithstanding the foregoing, not later than 20 days prior to the 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 by causing the Trustee to transmit, in the manner provided for in Section 1.6, notice of such higher interest rate to the Holder of such Security.

More Definitions of Reset Notice

Reset Notice has the meaning specified in Section 3.7.

Reset Notice is defined in Section 5.11(b).

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 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.

Reset Notice. Section 1.1 is hereby amended to delete and replace the following definitions in their entirety as set forth below: