Optional Repurchase is defined in Section 5.1(b).
Optional Repurchase means, with respect to any outstanding Indebtedness, any optional or voluntary repurchase, redemption or prepayment made in cash of such Indebtedness, the related payment in cash of accrued interest to the date of such repurchase, redemption or prepayment on the principal amount of such Indebtedness repurchased, redeemed or prepaid, the payment in cash of associated premiums (whether voluntary or mandatory) on such principal amount and the cash payment of other fees and expenses incurred in connection with such repurchase, redemption or prepayment.
Optional Repurchase means the option of a Holder to elect to require the Company to repurchase Notes of this series pursuant to Section 5 of this Note.
Examples of Optional Repurchase in a sentence
On or after the date on which the Firstrust Note is satisfied in full, and, subject to Section 3.02, the District shall have the right of first refusal to reacquire and repurchase any or all of the Unredeemed Tax Claims from XXX and XXX agrees to tender and deliver to the District such Unredeemed Tax Claims upon payment by the District of the Optional Repurchase Payment, as defined herein above and to execute any and all documents reasonably required by the District to affect such transfer and repurchase.
More Definitions of Optional Repurchase
Optional Repurchase shall have the meaning set forth in Section 3(d) hereof.
Optional Repurchase has the meaning set forth in the Sale and Servicing Agreement.
Optional Repurchase has the meaning assigned to such term in Section 4(b) hereof.
Optional Repurchase means the repurchase of Contracts by the Certificateholders pursuant to Section 3.10.
Optional Repurchase means the repurchase of any Convertible Preferred Stock by the Company pursuant to Section 8.