Springing Repurchase Date definition

Springing Repurchase Date means the date that is the 91st day prior to the date that is the fixed maturity date on which the principal amount of any Junior Indebtedness of the Company shall become due and payable.
Sample 1Sample 2Sample 3

Examples of Springing Repurchase Date in a sentence

  • Not more than 35, and not less than 20, Business Days prior to the Springing Repurchase Date, the Company shall send, or cause to be sent, by first class mail or electronically, a notice to the Trustee, the Collateral Agent and to each Holder at its registered address.

  • Subject to the terms and conditions of the Indenture, the Company will make all payments due on the Fundamental Change Repurchase Date, the Springing Repurchase Date, the Redemption Date and on the Maturity Date, as the case may be, to the Holder who surrenders a Note to a Paying Agent to collect such payments in respect of the Note.

  • In any case where any Interest Payment Date, any Fundamental Change Repurchase Date, Springing Repurchase Date or the Maturity Date or earlier Redemption Date is not a Business Day, then any action to be taken on such date need not be taken on such date, but may be taken on the next succeeding Business Day with the same force and effect as if taken on such date, and no interest shall accrue in respect of the delay.

  • In any case where any Interest Payment Date, any Fundamental Change Repurchase Date, Springing Repurchase Date or the Maturity Date or earlier Redemption Date, or any Tax Credit Event Payment Date is not a Business Day, then any action to be taken on such date need not be taken on such date, but may be taken on the next succeeding Business Day with the same force and effect as if taken on such date, and no interest shall accrue in respect of the delay.

  • In addition, the Company is required to offer to repurchase for cash all of such Holder’s Notes or any portion thereof (in Original Principal Amounts of $1,000 or integral multiples thereof) on the Springing Repurchase Date at a price equal to the Springing Repurchase Price.

  • In addition, the Company is required to offer to repurchase for cash all of such Holder’s Notes or any portion thereof on the Springing Repurchase Date at a price equal to the Springing Repurchase Price.

Related to Springing Repurchase Date

  • Fundamental Change Repurchase Date shall have the meaning specified in Section 15.02(a).

  • Repurchase Date has the meaning specified in Section 14.1.

  • Early Repurchase Date shall have the meaning specified in Section 3(d) of this Agreement.

  • Accelerated Repurchase Date shall have the meaning specified in Section 14(b)(i) of this Agreement.

  • Fundamental Change Purchase Date has the meaning specified in Section 8.01(a).

  • Change of Control Purchase Date shall have the meaning specified in Section 10.1.

  • Fundamental Change Repurchase Price shall have the meaning specified in Section 15.02(a).

  • Fundamental Change Repurchase Notice shall have the meaning specified in Section 15.02(b)(i).

  • Change of Control Put Date shall have the meaning specified in Section 11.1.

  • Change of Control Redemption Date shall have the meaning set forth in Section 7.2;

  • Change of Control Repurchase Event means the occurrence of both a Change of Control and a Ratings Event.

  • Mandatory Purchase Date means the Purchase Date for a Mandatory Purchase in accordance with this Statement and the VRDP Purchase Agreement.

  • Put Option Repayment Date means the settlement date for the Put Option pursuant to Clause 10.3 (Mandatory repurchase due to a Put Option Event).

  • Purchase Date means the date determined by the General Partner as the date for purchase of all Outstanding Limited Partner Interests of a certain class (other than Limited Partner Interests owned by the General Partner and its Affiliates) pursuant to Article XV.

  • VWAP Purchase Date means, with respect to any VWAP Purchase made hereunder, the Business Day following the receipt by the Buyer of a valid VWAP Purchase Notice that the Buyer is to buy Purchase Shares pursuant to Section 1(c) hereof.

  • Change of Control Purchase Price shall have the meaning specified in Section 10.1.

  • Repurchase Value means the Fair Market Value in the event the award to be repurchased under Section 10.2 is comprised of shares of Common Stock and the difference between Fair Market Value and the Exercise Price (if lower than Fair Market Value) in the event the award is a Stock Option or Stock Appreciation Right; in each case, multiplied by the number of shares subject to the award.

  • Form of Fundamental Change Repurchase Notice means the “Form of Fundamental Change Repurchase Notice” attached as Attachment 2 to the Form of Note attached hereto as Exhibit A.

  • Fundamental Change Purchase Notice has the meaning specified in Section 3.01(a)(i).

  • Repurchase Event means the occurrence of a breach of any of the Seller’s representations and warranties in Section 3.1(a) or any other event which requires the repurchase of a Receivable by the Seller, under the Sale and Servicing Agreement.

  • Call Option Repayment Date means the settlement date for the Call Option determined by the Issuer pursuant to Clause 10.2 (Voluntary early redemption – Call Option), Clause 10.3(d) or a date agreed upon between the Bond Trustee and the Issuer in connection with such redemption of Bonds.

  • Specified Redemption Date means the tenth Business Day after receipt by the General Partner of a Notice of Redemption; provided that, if the Shares are not Publicly Traded, the Specified Redemption Date means the thirtieth Business Day after receipt by the General Partner of a Notice of Redemption.

  • Repurchase Upon Fundamental Change means the repurchase of any Note by the Company pursuant to Section 4.02.

  • Fundamental Change Purchase Price has the meaning specified in Section 5.01(a).

  • 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.

  • Original Purchase Date means with respect to any Loan, the date such Loan was purchased by Town Hall Funding from the Master Depositor pursuant to the Conveyance Agreement.