Term Redemption Date definition

Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

Term Redemption Date has the meaning set forth in the Statement.

Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series, as such date may be extended in accordance with Section 2.6(a) or as may otherwise be agreed in writing by the Fund and the Holders of 100% of the Outstanding RVMTP Shares of such Series.

Examples of Term Redemption Date in a sentence

• The Fund shall redeem all shares of a Series of MuniFund Term Preferred Shares on the Term Redemption Date for such Series, at a price per share equal to the Liquidation Preference per share of such Series plus an amount equal to all unpaid dividends and distributions on such share of such Series accumulated to (but excluding) the Term Redemption Date for such Series (whether or not earned or declared by the Fund, but excluding interest thereon) (the “Term Redemption Price”).

• Notwithstanding the provisions of clause (A) of the preceding sentence, if the Redemption Date is the Term Redemption Date, then such deposit of Deposit Securities (which may come in whole or in part from the Term Redemption Liquidity Account) shall be made no later than fifteen (15) calendar days prior to the Term Redemption Date.

• The Corporation shall redeem all shares of a Series of Term Preferred Shares on the Term Redemption Date for such Series, at a price per share equal to the Liquidation Preference per share of such Series plus an amount equal to all unpaid dividends and distributions on such share of such Series accumulated to (but excluding) the Term Redemption Date for such Series (whether or not earned or declared by the Corporation, but excluding interest thereon) (the “Term Redemption Price”).

• Each Holder may grant or deny any request for extension of the Term Redemption Date in its sole and absolute discretion.

• The “Term Redemption Amount” for any Series of RVMTP Shares shall be equal to the Redemption Price to be paid on the Term Redemption Date for such Series, based on the number of shares of such Series then Outstanding, assuming for this purpose that the Dividend Rate for such Series in effect at the time of the creation of the Term Redemption Liquidity Account for such Series will be the Dividend Rate in effect for such Series until the Term Redemption Date for such Series.

More Definitions of Term Redemption Date

Term Redemption Date has the meaning set forth in the Articles Supplementary.

Term Redemption Date is October 1, 2050, subject to extension pursuant to Section 2.6(a)(ii) of the RVMTP Statement.

Term Redemption Date means December 1, 2024 or such later date to which the Term Redemption Date may be extended in accordance with Section 10(b)(i)(A) of this Statement of Preferences.

Term Redemption Date means (i) the Series O Term Redemption date for the Series O MRP Shares, (ii) the Series P Term Redemption date for the Series P MRP Shares, (iii) the Series Q Term Redemption date for the Series Q MRP Shares,

Term Redemption Date means July 30, 2021.

Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series, as such date may be extended inaccordance with Section 2.6(a) or as may otherwise be agreed in writing by the Fund and the Holders of 100% of the Outstanding RVMTP Shares of such Series.

Term Redemption Date means [-], 20[-].