Examples of Special Mandatory Redemption Event in a sentence
Spectre and Meltdown, as well as the impenetrability of the Intel Management Engine (ME) mentioned in 1.1.2 have impacted the trustworthiness of Intel heavily.
If a Special Mandatory Redemption Event has occurred, the Company will promptly (but in no event later than five Business Days following the occurrence of such Special Mandatory Redemption Event) provide written notice to the Trustee, and the Trustee shall deliver such notice to each registered Holder of such Notes within five Business Days following receipt of such notice from the Company which notice shall specify the Special Mandatory Redemption Date.
Within three business days (or such minimum period as may be required by DTC) after the Trustee’s delivery of such notice of a Special Mandatory Redemption Event, the Company will perform the Special Mandatory Redemption (the date of such redemption, the “Special Mandatory Redemption Date”).
Upon a Special Mandatory Redemption Event, the Trustee shall, in accordance with the provisions of the Escrow Agreement, provide the notice set forth in the Escrow Agreement.
Notwithstanding the foregoing, the Trustee shall have no obligation to determine if a Special Mandatory Redemption Event has occurred.