Voluntary Partial Redemption definition

Voluntary Partial Redemption means the voluntary partial redemption which may be executed by the Issuer pursuant to Clause 12.6 (Voluntary partial redemption).
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Voluntary Partial Redemption means a voluntary partial redemption as set out in Clause
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Voluntary Partial Redemption means a voluntary partial redemption pursuant to Clause
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Examples of Voluntary Partial Redemption in a sentence

  • Any notice that the Issuer or the Agent shall send to the Bondholders pursuant to Clauses 9.3 ( Voluntary Total Redemption (Call Option)), 9.5 (Voluntary Partial Redemption Upon an Equity Listing Event (Equity Clawback)), 11.1(d), 14.11(c), 16(o), 17(a), 18(a) and 19(c) shall also be published by way of press release by the Issuer or the Agent, as applicable.

  • Notwithstanding the foregoing, for any Interest due but unpaid the Record Date specified in Clause 7(a) shall apply and for any partial redemption in accordance with Clause 9.4 ( Mandatory Partial Redemption) and/or Clause 9.5 (Voluntary Partial Redemption Upon an Equity Listing Event (Equity Clawback)) due but not made, the Record Date specified in Clause 9.4(c) and Clause 9.5(c), as applicable, shall apply.

  • Provided that no Event of Default is continuing or would result from such issue, and that no Voluntary Partial Redemption in accordance with Clause 10.4 ( Voluntary Partial Redemption) has been made, the Issuer may, at one or several occasions, issue Subsequent Bonds.

  • The Issuer may request that funds standing to credit on the Debt Service Account (in whole or in part) are released to the Issuer for the purpose of (i) paying Interest in respect of the Bonds, (ii) purchasing Bonds on the market by way of a so called “reversed Dutch auction”, or (iii) making a Voluntary Partial Redemption (“ Permitted Payment”).

  • The Call Option and the Voluntary Partial Redemption Option may be exercised by the Issuer by written notice to the Bond Trustee and the Bondholders at least 10, but not more than 20, Business Days prior to the proposed Repayment Date.

  • Provided that no Event of Default is continuing or would result from such issue, and that no Voluntary Partial Redemption in accordance with Clause 10.4 (Voluntary Partial Redemption) has been made, the Issuer may, at one or several occasions, issue Subsequent Bonds.

  • Any Call Option and the Voluntary Partial Redemption Option exercised in part will be used for pro rata payment to the Bondholders in accordance with the applicable regulations of the Securities Depository.


More Definitions of Voluntary Partial Redemption

Voluntary Partial Redemption means the voluntary partial redemption which may be executed by the Issuer pursuant to Clause 10.5 (Error! Reference source not found.).
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Related to Voluntary Partial Redemption

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

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

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

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest on the Debenture and (c) all liquidated damages and other amounts due in respect of the Debenture.

  • Final Redemption Amount 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;

  • Make-Whole Redemption Price means, in respect of each Bond, (a) the principal amount of such Bond or, if this is higher, (b) the sum of the then present values of the remaining scheduled payments of principal and interest discounted to the Optional Redemption Date on an annual basis (based on the actual number of days elapsed divided by 365 or (in the case of a leap year) by 366) at the Reference Dealer Rate (as defined below) plus 0.15 per cent., in each case as determined by the Determination Agent;

  • Make-Whole Redemption Amount means the sum of:

  • 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;

  • 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;

  • Make-whole Redemption Rate means (i) the average of the four quotations given by the Reference Dealers of the mid-market annual yield to maturity of the Reference Security on the fourth Business Day preceding the Make-whole Redemption Date at 11:00 a.m. (Central European Time ("CET")) ("Reference Dealer Quotation") or (ii) the Reference Screen Rate, as specified in the relevant Final Terms.

  • Make-Whole Redemption Margin means the margin specified as such in the relevant Final Terms.