Tax Event Redemption Price means an amount equal to the unpaid principal amount of this Note to be redeemed, which shall be determined by multiplying (1) the Outstanding Principal Amount of this Note by (2) the quotient derived by dividing (A) the outstanding principal amount to be redeemed by Principal Life of the Funding Agreement by (B) the outstanding principal amount of the Funding Agreement.
Tax Event Redemption Price means the redemption price equal to the Tax Event Prepayment Price upon an optional prepayment by the Debenture Issuer of the Debentures upon the occurrence and continuation of a Tax Event.
Tax Event Redemption Price means the redemption price equal to the Tax Event Prepayment Price upon an optional prepayment by the Debenture Issuer of the Debentures upon the occurrence and continuation of a Tax Event. If an Investment Company Event (as hereinafter defined) shall occur and be continuing, the Sponsor shall cause the Regular Trustees to liquidate the Trust and cause the Debentures to be distributed to the Holders of the Securities in liquidation of the Trust within 90 days following the occurrence of such Investment Company Event.
Examples of Tax Event Redemption Price in a sentence
A sale and lease-back arrangement with the Partnership provides that opportunity.
More Definitions of Tax Event Redemption Price
Tax Event Redemption Price means a price equal to [the greater of (i)] 100% of the Liquidation Amount of Securities to be redeemed [or (ii) the sum, as determined by a Quotation Agent (as defined in the Indenture), of the present values of the remaining scheduled payments of principal and interest thereon discounted to the redemption date on a _________ basis (assuming a 360-day year consisting of twelve 30-day months) at the Adjusted Treasury Rate (as defined in the Indenture), plus, in each case, accumulated and unpaid Distributions thereon, if any, to the date of such redemption].
Tax Event Redemption Price means (1) in relation to any redemption of a Preferred Security pursuant to a Tax Event, other than a Change in Law Withholding Tax Event or a Change in Law Tax Event, prior to the First Optional Redemption Date, the higher of the Optional Redemption Price and the Make Whole Amount, and (2) in relation to any other redemption of a Preferred Security pursuant to a Tax Event (including, for the avoidance of doubt, at any time pursuant to a Change in Law Withholding Tax Event or a Change in Law Tax Event), the Optional Redemption Price.
Tax Event Redemption Price means, with respect to a redemption of Securities, a price equal to the greater of (i) 100% of the principal of a Like Amount of Debentures to be prepaid or (ii) the sum, as determined by a Quotation Agent (as defined in the Indenture), of the present values of the principal amount and premium payable with respect to an optional prepayment of a Like Amount of the Debentures on the Initial Optional Redemption Date, together with scheduled payments of interest on the Debentures accruing from the prepayment date to and including the Initial Optional Redemption Date, discounted to the prepayment date on a semi-annual basis (assuming a 360-day year consisting of twelve 30-day months) at the Adjusted Treasury Rate (as defined in the Indenture), plus, in each case, accrued Distributions thereon, to the date of redemption.
Tax Event Redemption Price means the Tax Event Make-Whole Amount.
Tax Event Redemption Price means the (i) the sum of the present values of all future dividend payments due on a share of this Class (rounded to the nearest whole cent per share), discounted on a quarterly basis at the "Redemption Discount Rate" to the dividend payment date immediately preceding the redemption date, plus (ii) any accrued but unpaid dividends up to and including the redemption date. Redemption Discount Rate shall equal the Benchmark Treasury Rate plus 95 basis points (converted to a quarterly equivalent). Prior to August 15, 2004, the Benchmark Treasury Rate shall equal the yield to maturity of the 71/4% U.S. Treasury Note due August 2004 on the redemption date. On that date and thereafter, the Benchmark Treasury Rate shall equal the yield to maturity of the "1 Year CMT."
Tax Event Redemption Price means the price specified as such in the relevant Final Terms, which may be either the principal amount of the ECNs or the Make Whole Redemption Price;
Tax Event Redemption Price means the greater of (i) 100% of the principal amount of the Subordinated Debt Securities or (ii) the sum, as determined by a Quotation Agent, of the present values of the principal amount and premium payable with respect to an optional redemption of the Subordinated Debt Securities on March 31, 2007 pursuant to Section 3.2, together with scheduled payments of interest from the redemption date to and including March 31, 2007, in each case discounted to the redemption date on a quarterly basis (assuming a 360-day year consisting of 30-day months) at the Adjusted Treasury Rate, plus accrued and unpaid interest on the Subordinated Debt Securities to the date fixed for redemption. The Tax Redemption Price shall be paid prior to 12:00 noon, New York City time, on the date of such redemption or at such earlier time as the Company determines and specifies in the notice of redemption, provided the Company shall deposit with the Trustee an amount sufficient to pay the Tax Event Redemption Price by 11:00 a.m., New York City time, on the date such Tax Event Redemption Price is to be paid. In connection with a redemption described in this Section 3.1, the Company shall take all actions necessary to calculate the Tax Event Redemption Price, including without limitation, selecting and notifying the Quotation Agent of such redemption and selecting Reference Treasury Dealers in order to provide Reference Treasury Dealer Quotations to the Trustee.