Unscheduled Redemption definition

Unscheduled Redemption has the meaning set forth in Section 4.2.
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Unscheduled Redemption shall have the meaning set forth in the Trust Agreement.
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Unscheduled Redemption means the occurrence of any of the following events at any time during the term of the Securities:
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Examples of Unscheduled Redemption in a sentence

  • On each Unscheduled Redemption Date, the Issuer shall partially (or fully, if applicable) redeem each Note in the series then outstanding by reducing the principal amount of all but not some of the Notes then outstanding by the Unscheduled Nominal Amount and paying each Noteholder an amount equal to the Unscheduled Redemption Amount.

  • Following an Unscheduled Redemption, a Restructuring of the Reference Asset or a Governmental Intervention Security Holders may receive the Reference Asset or any Asset Package received in lieu of the Reference Asset or the Acceleration Redemption Amount.

  • Upon each partial (or full, if applicable) redemption pursuant to this Condition 6(l),and on the Unscheduled Redemption Date: (iii) the Aggregate Nominal Amount of the series of Notes then outstanding, and Specified Denomination (on a pro rata basis) shall be reduced accordingly by the Unscheduled Nominal Amount.

  • The Company hereby agrees that (a) within 5 Business Days after the closing date of the Public Offering, the Company shall (i) prepay the Loan under the Loan Agreement in full pursuant to Section 2.03 of the Loan Agreement and (ii) in connection with such repayment, effect under Section 4.2(b) of the Trust Agreement an Unscheduled Redemption of all issued and outstanding Preferred Securities, and (b) a breach of the Company’s covenant in clause (a) shall be an Event of Default under the Trust Agreement.

  • If the Trust gives a notice of redemption, then the applicable Redemption Amount in such notice will become due and payable on such Unscheduled Redemption Date and by 1:00 p.m., New York City time on the date fixed for redemption, the Trust will redeem the Trust Securities at the Redemption Amount.

  • The term "Make-Whole Loan Amount" means, with respect to any portion of the Loan to be repaid, the Make-Whole Loan Amount, which the Trust shall be required to pay upon the corresponding Unscheduled Redemption of Preferred Securities required under the Trust Agreement to occur concurrently with any repayment of the Loan pursuant to this Section 2.03.

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  • On any date for payment of Distributions to or for any Unscheduled Redemption of Capital Securities, the Trust shall make the payment of the Distribution and Redemption Amount to the Holders of Capital Securities prior to making any payment in respect of the Common Securities.

  • If the Trust gives a notice of redemption, then the applicable Redemption Amount in such notice will become due and payable on such Unscheduled Redemption Date and by 12:00 noon, New York City time on the date fixed for redemption, the Trust will redeem the Trust Securities at the Redemption Amount.

  • Each Unscheduled Redemption, with respect to each Trust Security so redeemed, shall reduce the Liquidation Preference or the Liquidation Amount, as the case may be, of such Trust Security by the Redemption Amount paid to the Holder thereof.


More Definitions of Unscheduled Redemption

Unscheduled Redemption means the occurrence of any of the following events at any time during the term of the Securities: (i) the Reference Assets are redeemed, retired, cancelled (in whole or in part) whether in accordance with the terms of the Reference Asset or not or (ii)
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Unscheduled Redemption means the occurrence of any of the following events at any time during the term of the Notes: (i) the Charged Asset is redeemed, retired, cancelled (in whole or in part) whether in accordance with the terms of the Charged Asset or not or (ii) exchanged to a Substitute Asset Entitlement in whole or in part on or prior to the Scheduled Charged Asset Maturity Date, or (iii) any other event which has substantially the same effects as any of the foregoing events (or any combination thereof), other than a redemption in full of the Charged Asset on the Scheduled Charged Asset Maturity Date;
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Related to Unscheduled Redemption

  • Scheduled Redemption Date means the first (1st) Business Day following the twenty first (21st) anniversary of the Issue Date.

  • Minimum Redemption means, in relation to the Euro Non-RDR ‘Retail’ Unhedged Distribution Shares, a minimum redemption of €250 or such lesser amount as may be agreed by the Directors;

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

  • Scheduled Redetermination has the meaning assigned such term in Section 2.07(b).

  • Specified Redemption Date means the tenth (10th) Business Day after receipt by the General Partner of a Notice of Redemption; provided that if the Company combines its outstanding REIT Shares, no Specified Redemption Date shall occur after the record date of such combination of REIT Shares and prior to the effective date of such combination.

  • Voice Initiated Redemption means any redemption of shares issued by anInvestment Company which is requested by voice over the telephone.

  • Scheduled Redetermination Date means the date on which a Borrowing Base that has been redetermined pursuant to a Scheduled Redetermination becomes effective as provided in Section 2.07(d).

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.

  • Special Redemption has the meaning set forth in Section 15.1.A hereof.

  • Unscheduled Rebalance means an unscheduled rebalance occurring on a Valuation Date on which the rebalancing mechanism built in the relevant Index or Investment Strategy in respect of a Series of ETP Securities has been triggered by a change in the price of the corresponding Reference Asset of such Index or Investment Strategy by more than the relevant trigger level for the Index or Investment Strategy in accordance with its methodology.

  • Optional Redemption shall have the meaning set forth in Section 6(a).

  • Scheduled Repayment shall have the meaning provided in Section 4.02(a).

  • Special Redemption Date has the meaning set forth in Section 10.2.

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • 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.

  • Optional Redemption Settlement Date means the second Valuation Date after the Optional Redemption Pricing Date, provided that such Valuation Date is not a Disrupted Day and that such Valuation Date is both a Currency Business Day and a Clearing System Business Day.

  • Optional Redemption Amount (Put) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Final Redemption Settlement Date means the day that falls three Currency Business Days after the Final Redemption Date.

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Gross Redemption Yield means a yield calculated in accordance with generally accepted market practice at such time, as advised to the Trustee by the Financial Adviser.

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Make-Whole Redemption Amount means the sum of: