Special Mandatory Tender Date definition

Special Mandatory Tender Date means, upon the occurrence of a Special Tender Event with respect to the 2020 Series Bonds issued to make the Freddie Mac Credit-Enhanced Mortgage Loan, the date specified to the Trustee by Freddie Mac or the Agency, as the case may be, for purchase of all of the Outstanding 2020 Series Bonds that were issued to make the Freddie Mac Credit-Enhanced Mortgage Loan (which date shall be twenty-five (25) days following receipt by the Trustee of such specification or, if such date is not a Business Day, then the next succeeding Business Day), the amounts and maturities of which 2020 Series Bonds shall have been designated to the Trustee and Freddie Mac by the Agency at the time of such issuance.
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Special Mandatory Tender Date means, with respect to the 2005A Bonds in the SIFMA Term Rate Mode, , .
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Special Mandatory Tender Date means, upon the occurrence of a Special Tender Event not later than eight (8) days preceding the Conversion Date, the date specified to the Trustee by the Letter of Credit Bank for purchase of all of the 2016 Series A Bonds (which shall not be later than eight (8) days following receipt by the Trustee of such specification). Upon the occurrence of a Special Tender Event, the Trustee shall give Notice to the Holders of the 2016 Series A Bonds of the Special Mandatory Tender Date and that on such Special Mandatory Tender Date all of the 2016 Series A Bonds shall be subject to mandatory tender at the Purchase Price.
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Examples of Special Mandatory Tender Date in a sentence

  • Such Mandatory Tender Notice shall specify the amounts, maturities and CUSIP numbers of the 2022 Series __ Bonds to be purchased, the Special Mandatory Tender Date, any conditions precedent to such purchase and the place or places where amounts due upon such purchase will be payable.

  • Such Mandatory Tender Notice shall specify the amounts and maturities of the 2022 Series Bonds to be purchased, the Special Mandatory Tender Date, any conditions precedent to such purchase and the place or places where amounts due upon such purchase will be payable.

  • Such 2016 Series B Bonds subject to redemption on a Special Mandatory Tender Date shall be deemed redeemed in accordance with the Resolution, although no notice of redemption was given, as permitted by the Resolution.

  • Following such transfer by [Xxxxxx Xxx/Xxxxxxx Mac], such 2022 Series __ Bonds shall no longer be [Xxxxxx Mae/Xxxxxxx Mac] Pledged Bonds that are subject to the [Xxxxxx Mae/Xxxxxxx Mac] Pledge Agreement (until the next Special Mandatory Tender Date, if any).

  • Following such transfer by [Xxxxxx Xxx/Freddie Mac], such 2022 Series __ Bonds shall no longer be [Xxxxxx Xxx/Freddie Mac] Pledged Bonds that are subject to the [Xxxxxx Xxx/Freddie Mac] Pledge Agreement (until the next Special Mandatory Tender Date, if any).

  • Such 2016 Series A Bonds subject to redemption on a Special Mandatory Tender Date shall be deemed redeemed in accordance with the Resolution, although no notice of redemption was given, as permitted by the Resolution.

  • If the Mandatory Tender Purchase Price is not paid to the Purchaser on the Special Mandatory Tender Date, then the Commonwealth shall pay interest on the unpaid principal amount of such unremarketed Bonds from the Special Mandatory Tender Date until the date all such unremarketed Bonds are paid in full at a rate per annum equal to the Default Rate.

  • The Series 2022 A bonds bear interest at a rate indexed to the Secured Overnight Financing Rate (SOFR) and mature on February 1, 2033 with a Special Mandatory Tender Date of August 1, 2027.

  • With respect to 2022 Subordinate Bonds in the Initial Indexed Floating Rate Period, all 2022 Subordinate Bonds shall be subject to mandatory tender for purchase on the Special Mandatory Tender Date as provided in Section 8.4 hereof.

  • In the event that all 2022 Subordinate Bonds are not paid or successfully remarketed on such Special Mandatory Tender Date, then such unremarketed Indexed Floating Rate Bonds shall be subject to mandatory redemption as provided in Section 7.3(b) hereof.


More Definitions of Special Mandatory Tender Date

Special Mandatory Tender Date means, upon the occurrence of a Special Tender Event with respect to the 2022 Series Bonds issued to make the Xxxxxxx Mac Credit-Enhanced Mortgage Loan, the date specified to the Trustee by Freddie Mac or the Agency, as the case may be, for purchase of all of the Outstanding 2022 Series Bonds that were issued to make the Xxxxxxx Mac Credit-Enhanced Mortgage Loan (which date shall be twenty-five (25) days following receipt by the Trustee of such specification or, if such date is not a Business Day, then the next succeeding Business Day), the amounts and maturities of which 2022 Series Bonds shall have been designated to the Trustee and Freddie Mac by the Agency at the time of such issuance.
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Special Mandatory Tender Date means, upon the occurrence of a Special Tender Event with respect to the 2022 Series __ Bonds issued to make the GSE Credit-Enhanced Mortgage Loan, the date specified to the Trustee by [Xxxxxx Xxx/Xxxxxxx Mac] or the Agency, as the case may be, for purchase of all of the Outstanding 2022 Series __ Bonds that were issued to make the GSE Credit-Enhanced Mortgage Loan (which date shall be twenty-five (25) days following receipt by the Trustee of such specification or, if such date is not a Business Day, then the next succeeding Business Day), the amounts and maturities of which 2022 Series __ Bonds shall have been designated to the Trustee and [Xxxxxx Mae/Xxxxxxx Mac] (in the case of the [Xxxxxx Mae/Xxxxxxx Mac] Credit-Enhanced Mortgage Loan) by the Agency at the time of such issuance.
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Special Mandatory Tender Date means the date on which the Bonds are subject to mandatory tender for purchase on the last day of the Index Floating Mode pursuant to Appendix III of the Bonds (initially, April 1, 2021).
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Special Mandatory Tender Date means June 1, 2029.
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Special Mandatory Tender Date means , 20 , unless extended pursuantto Section 9.09 of this Agreement.
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Related to Special Mandatory Tender Date

  • Mandatory Tender Date means any date on which a Multi-Modal Bond is subject to mandatory tender in accordance with the Certificate.

  • Mandatory Tender with respect to a Mandatory Tender Event, means the mandatory tender of all VRDP Shares by Holders for Remarketing, or, in the event (i) no Remarketing occurs on or before the Purchase Date or (ii) pursuant to an attempted Remarketing, VRDP Shares remain unsold and the Remarketing Agent does not purchase for its own account the unsold VRDP Shares tendered to the Tender and Paying Agent for Remarketing (provided, that the Remarketing Agent may seek to sell such VRDP Shares in a subsequent Remarketing prior to the Purchase Date), for purchase by the Liquidity Provider at the Purchase Price pursuant to Section 2 of Part II of the Articles Supplementary and the VRDP Shares Purchase Agreement.

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

  • Mandatory Tender Event means (a) each failure by the Fund to make a scheduled payment of dividends on a Dividend Payment Date; (b) the occurrence of a Liquidity Provider Ratings Event (which shall constitute a single Mandatory Tender Event upon the occurrence of such Liquidity Provider Ratings Event, whether or not continuing and whether or not such Liquidity Provider Ratings Event also results in a Mandatory Purchase Event; provided that, a subsequent Liquidity Provider Ratings Event, following restoration of the short-term debt ratings to the requisite level, shall constitute a new Mandatory Tender Event); (c) in the event of a failure by the Fund to pay the Liquidity Provider the applicable fee due in advance under the terms of the VRDP Fee Agreement by seven Business Days prior to the beginning of the month to which such payment relates if the Liquidity Provider (in its sole discretion) thereafter provides written notice to the Fund that such failure to pay such fee constitutes a Mandatory Tender Event; (d) the eighth day prior to the scheduled date of the occurrence of an Extraordinary Corporate Event; (e) the Fund shall have obtained and delivered to the Tender and Paying Agent an Alternate VRDP Purchase Agreement by the fifteenth day prior to the Scheduled Termination Date, Liquidity Provider Ratings Event Termination Date or Related Party Termination Date, as the case may be, of the VRDP Purchase Agreement being replaced; (f) the Fund shall have provided a Notice of Proposed Special Rate Period in accordance with this Statement; or (g) in the event of a breach by the Fund of its Effective Leverage Ratio covenant with the Liquidity Provider in the VRDP Fee Agreement and the failure to cure such breach within 60 days from the date of such breach (which 60-day period would include the Effective Leverage Ratio Cure Period), if the Liquidity Provider (in its sole discretion) thereafter provides written notice to the Fund that the failure to timely cure such breach constitutes a Mandatory Tender Event (subject to the Fund curing such breach prior to the delivery date of such notice from the Liquidity Provider).

  • Mandatory Tender Notice means, in connection with the Mandatory Tender of VRDP Shares, a notice, substantially in the form attached to the VRDP Shares Remarketing Agreement as Annex II, delivered by the Fund or the Tender and Paying Agent on behalf of the Fund to the Holders and the Liquidity Provider in accordance with this Agreement and specifying a Mandatory Tender Event and Purchase Date.

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

  • Special Mandatory Redemption has the meaning provided in Section 3.02(a).

  • Special Mandatory Redemption Price has the meaning set forth in Section 4.03(a).

  • Tender Date means each Optional Tender Date or Mandatory Tender Date.

  • Initial Maturity Date means the earlier of (i) February 1, 2020 (the "Scheduled Initial Maturity Date"), and (ii) the date on which the unpaid principal balance of this Note becomes due and payable by acceleration or otherwise pursuant to the Loan Documents or the exercise by Lender of any right or remedy thereunder.

  • Latest Term Loan Maturity Date means, at any date of determination, the latest maturity or expiration date applicable to any Term Loan hereunder at such time, including the latest maturity or expiration date of any New Term Loan or any Extended Term Loan, in each case as extended in accordance with this Agreement from time to time.

  • Mandatory Redemption Date means, in respect of a Mandatory Redemption Event, the date designated as such in accordance with Condition 8.7.

  • Offer Date means the date on which an Exclusionary Offer is made;

  • Initial Term Loan Maturity Date means September 24, 2014 or, if such date is not a Business Day, the first Business Day thereafter.

  • Optional Redemption Pricing Date means a Valuation Date on which a Redemption Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

  • New Term Loan Maturity Date means the date on which a New Term Loan matures.

  • Mandatory Termination Date means the "Termination Date" set forth under "Investment Summary--Essential Information" in the Prospectus for the Trust.

  • Legal Final Maturity Date means the first Settlement Date on or after the date that is two years after the Termination Date.

  • Springing Maturity Date has the meaning specified in the definition of “Maturity Date”.

  • L/C Maturity Date means the date that is five Business Days prior to the Revolving Credit Maturity Date.

  • Optional Reset Date has the meaning specified in Section 307(b).

  • Class A-1 Maturity Date means [ ] (or, if such day is not a Business Day, the next preceding Business Day).

  • Loan Maturity Date means the date on which the entire unpaid balance of the Loan, including principal and interest, is due and payable.

  • Class B Maturity Date means the January 2040 Distribution Date.

  • Tranche B Term Loan Maturity Date means October 20, 2016.

  • Subsequent Rate Period means, with respect to any Series of RVMTP Shares, the period consisting of seven calendar days, but adjusted in each case to reflect any changes when the regular calendar day that is a Rate Determination Date is not a Business Day, from, and including, the first calendar day following the Initial Rate Period of such Series to, and including, the next Rate Determination Date for such Series and any period thereafter from, and including, the first calendar day following a Rate Determination Date for shares of such Series to, and including, the next succeeding Rate Determination Date for shares of such Series.