Share Interest Payment Election Notice definition

Share Interest Payment Election Notice means a written notice made by the Corporation to the Trustee specifying:
Sample 1Sample 2Sample 3
Share Interest Payment Election Notice means a written notice made by the Corporation to the Note Trustee specifying: (i) the Interest Obligation to which the election relates; (ii) the Share Interest Payment Election Amount; (iii) the investment banks, brokers or dealers through which the Note Trustee shall seek bids to purchase the Shares and the conditions of such bids, which may include the minimum number of Shares, minimum price per Share, timing for closing for bids and such other matters as the Corporation may specify; and (iv) that the Note Trustee shall accept through the investment banks, brokers or dealers selected by the Corporation only those bids which comply with such notice;
Sample 1
Share Interest Payment Election Notice means a written notice made by the Company to the Trustee specifying:
Sample 1Sample 2

Examples of Share Interest Payment Election Notice in a sentence

  • The Common Share Interest Payment Election Notice shall direct the Trustee to solicit and accept only, and each Common Share Bid Request shall provide that the acceptance of any bid is conditional on the acceptance of, sufficient bids to result in aggregate proceeds from such issue and sale of Common Shares which, together with the cash payments by the Corporation in lieu of fractional Common Shares, if any, equal the Interest Obligation on the Common Share Delivery Date.

  • Such Common Share Interest Payment Election Notice shall provide that all or a portion of the Interest Obligation may be paid by the Corporation in Common Shares, and if only a portion of the Interest Obligation is to be paid in Common Shares, the Common Share Interest Payment Election shall state such portion to be paid in Common Shares and such portion to be paid in cash.

  • The Common Share Interest Payment Election Notice shall direct the Trustee to solicit and accept only, and each Common Share Bid Request shall provide that the acceptance of any bid is conditional on the acceptance of, sufficient bids to result in aggregate proceeds from such issue and sale of Common Shares which, together with the cash payments to be made by the Corporation in lieu of fractional Common Shares, if any, equal the Interest Obligation on the Common Share Delivery Date.

  • The Common Share Interest Payment Election Notice shall direct the Trustees to solicit and accept only, and each Common Share Bid Request shall provide that the acceptance of any bid is conditional on the acceptance of sufficient bids to result in aggregate proceeds from such issue and sale of Common Shares which, together with the cash payments by the Corporation in lieu of fractional Common Shares, if any, equal the Interest Obligation on the Common Share Delivery Date.

  • If the Corporation elects to exercise such option, it will deliver a Common Share Interest Payment Election Notice to the holders of the Debentures substantially in the form of Schedule D.

  • The Share Interest Payment Election Notice shall direct the Debenture Trustee to solicit and accept only, and each Share Bid Request shall provide that the acceptance of any bid is conditional on the acceptance of, sufficient bids to result in aggregate proceeds from such issue and sale of Shares which, together with the cash payments to be made by the Corporation in lieu of fractional Shares and other cash payments by the Corporation, if any, equal the Interest Obligation on the Share Delivery Date.

  • The Share Interest Payment Election Notice for the Initial Debentures shall be in the form of Schedule “F”.

  • If Belgium is added, 81% of total EU28 tropical primary tim- ber consumption is potentially influenced.5. Probos estimates that approximately 30% of all primary tropical timber products on the EU market are verified sus- tainable.6. Given their market share and amount of consumption of sustainably sourced tropical timber, much could be gained by focusing on: France, Belgium, Italy and Spain.

  • The Issuer Share Interest Payment Election Notice shall direct the agent to solicit and accept only, and each Issuer Share Bid Request shall provide that the acceptance of any bid is conditional on the acceptance of, sufficient bids to result in aggregate proceeds from such issue and sale of Issuer Shares which, together with the cash payments by the Issuer, if any, equal the Interest Obligation on the Issuer Share Delivery Date.

  • Such Common Share Interest Payment Election Notice delivered by the Issuer shall provide that all or a portion of the Interest Obligation may be paid by the Issuer in Common Shares and, if only a portion of the Interest Obligation is to be paid in Common Shares, the Common Share Interest Payment Election shall state such portion to be paid in Common Shares and such portion to be paid in cash.


More Definitions of Share Interest Payment Election Notice

Share Interest Payment Election Notice means a written notice made by the Corporation to the Debenture Trustee specifying, inter alia,: (i) the Interest Obligation to which the election relates; (ii) the Share Interest Payment Election Amount; (iii) the investment banks, brokers or dealers through which the Debenture Trustee must seek bids to purchase the Shares and the conditions of such bids, which may include the minimum number of Shares, minimum price per Share, timing for closing for bids and such other matters as the Corporation may specify; and
Sample 1
Share Interest Payment Election Notice means a written notice made by the Corporation to the Debenture Trustee specifying: (i) the Interest Obligation to which the election relates; (ii) the Share Interest Payment Election Amount; (iii) the investment banks, brokers or dealers through which the Debenture Trustee shall seek bids to purchase the Shares and the conditions of such bids, which may include the minimum number of Shares, minimum price per Share, timing for closing for bids and such other matters as the Corporation may specify; and (iv) that the Debenture Trustee shall accept through the investment banks, brokers or dealers selected by the Corporation only those bids which comply with such notice;
Sample 1
Share Interest Payment Election Notice means a written notice made by the Debentureholder to the Debenture Trustee specifying the Interest Obligation to which the election relates, substantially in the form of Schedule “F”;
Sample 1

Related to Share Interest Payment Election Notice

  • Interest Payment Amount With respect to each outstanding Class of Notes and any Payment Date, the Interest Accrual Amount for such Class of Notes, less any Modification Loss Amount for such Payment Date allocated to reduce the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(f) hereof, or plus any Modification Gain Amount for such Payment Date allocated to increase the Interest Payment Amount owed for such Class of Notes pursuant to Section 3.03(g) hereof.

  • Interest Payment Period means the period from and including an Interest Payment Date, or in the case of the first Interest Payment Period, the original date of issuance of the Debt Securities, to, but excluding, the next succeeding Interest Payment Date or, in the case of the last Interest Payment Period, the Redemption Date, Special Redemption Date or Maturity Date, as the case may be.

  • Extended Interest Payment Period shall have the meaning set forth in Section 4.1.

  • LIBOR Interest Payment Date means, with respect to a LIBOR Rate Loan, the Termination Date and the last day of each Interest Period applicable to such Loan or, with respect to each Interest Period of greater than three months in duration, the last day of the third month of such Interest Period and the last day of such Interest Period.

  • Scheduled Interest Payment Date means (a) as to any Eurodollar Loan or Eurodollar Holder Advance, the last day of the Interest Period applicable to such Eurodollar Loan or Eurodollar Holder Advance (or respecting any Eurodollar Loan or Eurodollar Holder Advance having an Interest Period of six (6) months, the three (3) month anniversary of such Interest Period), (b) as to any ABR Loan or any ABR Holder Advance, the fifteenth day of each month, unless such day is not a Business Day and in such case on the next occurring Business Day and (c) as to all Loans and Holder Advances, the date of any voluntary or involuntary payment, prepayment, return or redemption, and the Maturity Date or the Expiration Date, as the case may be.

  • Fixed Interest Payment Date means such Business Day, on which the fixed interest is in fact due and payable. This may fall on a Fixed Coupon Date or may shift to the appropriated Business Day – if the Fixed Coupon Date falls on a day which is not a Business Day – based on the application of the adjustment provision as set out in § 5[(4)][(5)][(6)] (Business Day Convention).

  • Interest Payment Dates shall have the meaning set forth in paragraph 1 of each Note.

  • Interest Payment Determination Date means the Interest Accrual Period End Date at the end of each Interest Accrual Period; provided that the Interest Payment Determination Date with respect to the final Interest Accrual Period will be the Rate Cut-off Date.

  • First Interest Payment Date means the date specified in the relevant Final Terms; "Fixed Coupon Amount" has the meaning given in the relevant Final Terms;

  • Scheduled Interest Payment means the scheduled payment of interest due on the Mortgage Loan on a Monthly Payment Date.

  • Fixed Rate Interest Payment Date has the meaning provided in Section 3.02(e)(i).

  • Interest Payment has the meaning set forth in Section 4.02.

  • Interest Payment Date when used with respect to any Security, means the Stated Maturity of an installment of interest on such Security.

  • Floating Rate Interest Payment Date has the meaning set forth in clause (d)(1) of Section 2.02 of this Supplemental Indenture.

  • Additional Interest Payment Date With respect to the Initial Securities, each Interest Payment Date.

  • Last Payment Date means the date for the last payment shown in the Registered Mortgage.

  • Optional Interest Payment Date means any Interest Payment Date other than a Compulsory Interest Payment Date.

  • Special Interest Payment Date has the meaning ascribed to it in Section 2.11 hereof.

  • Compulsory Interest Payment Date means any Interest Payment Date unless at the Assemblée Générale of the shareholders of the Issuer immediately preceding such date which was required to approve the annual accounts of the Issuer for the fiscal year ended immediately prior to such Assemblée Générale, no resolution was passed to pay a dividend on the ordinary share capital of the Issuer in respect of such previous fiscal year and

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Election Period means the period immediately preceding the beginning of each Plan Year established by the Administrator, such period to be applied on a uniform and nondiscriminatory basis for all Employees and Participants. However, an Employee's initial Election Period shall be determined pursuant to Section 5.1.

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • First Payment Date shall have the meaning set forth in Section 5(b)(ii).

  • Election Date has the meaning specified in Section 312(h).

  • Compensating Interest Payment As defined in Section 6.06.

  • Election Notice has the meaning set forth in Section 11.01(b).