Examples of Subordinated Note Redemption Date in a sentence
On each Subordinated Note Redemption Date and on the stated maturity of the Subordinated Notes, the Company will be required to redeem a Like Amount of Company Securities at the Redemption Price.
The Subordinated Notes will be subject to redemption on the Scheduled Subordinated Note Redemption Date even if there are no amounts remaining in the Subordinated Note Distribution Account on such date and, following such redemption, the Subordinated Notes will be canceled and the Issuer’s obligations with respect thereto will be discharged in full.
Payments on the Subordinated Notes Payments on the Subordinated Notes will not be payable at a stated rate, but will be distributed on each Payment Date occurring prior to the Scheduled Subordinated Note Redemption Date to the extent any available funds have been deposited to the Subordinated Note Distribution Account for such purpose in accordance with the Priority of Payments.
Payments on the Subordinated Notes Payments on the Subordinated Notes will not be payable at a stated rate, but will be distributed on each Payment Date occurring prior to the Scheduled Subordinated Note Redemption Date to the extent any funds are available for such purpose in accordance with the Priority of Payments.
The Subordinated Notes will be subject to redemption on the Scheduled Subordinated Note Redemption Date even if there are no amounts available to be distributed on such date and, following such redemption, the Subordinated Notes will be canceled and the Issuer’s obligations with respect thereto will be discharged in full.
The application of Interest Proceeds to make payments on each Payment Date or make a final distribution in redemption of the Subordinated Notes on the Subordinated Note Redemption Date will be subordinate to the payment of accrued and due interest on the Senior Notes and all other amounts required to be paid and certain deposits to accounts required to be made by the Co-Issuers in accordance with the Priority of Payments other than the Incentive Asset Management Fee.
On the Subordinated Note Redemption Date, the LLC will be required to redeem the LLC Securities at the Redemption Price.
Within ninety (90) days of the Stated Maturity of the Senior Notes and the Scheduled Subordinated Note Redemption Date, the Issuer (or the Asset Manager acting pursuant to the Asset Management Agreement on behalf of the Issuer) will be required to sell all of the remaining Collateral.