Optional Redemption Upon Tax Event. The Notes may be redeemed at the Bank’s election, as a whole, but not in part, by the giving of notice as provided in the Indenture, at a price in U.S. Dollars equal to the outstanding principal amount thereof, together with any Additional Amounts and accrued and unpaid interest to the redemption date, if, as a result of any change in, or amendment to, the laws (or any regulations or rulings promulgated thereunder) or treaties of a Relevant Jurisdiction (as defined in the Indenture) or any political subdivision or taxing authority thereof or therein, or any change in the official application, administration or interpretation of such laws, regulations, rulings or treaties in such Relevant Jurisdiction, the Bank has or will become obligated to pay Additional Amounts on the Notes, if such change or amendment is announced on or after the Issue Date and such obligation cannot be avoided by the Bank taking reasonable measures available to it (it being understood that changing the jurisdiction of the paying agent shall be a reasonable measure but changing the jurisdiction of the Bank shall not be a reasonable measure); provided, however, that no such notice of redemption shall be given earlier than 90 days prior to the earliest date on which the Bank would be obligated to pay such Additional Amounts, were a payment in respect of the Notes then due. Notice of any redemption will be mailed at least 30 days but not more than 90 days before the redemption date to each holder of Notes to be redeemed. Prior to the giving of notice of redemption of such Notes pursuant to the Indenture, the Bank will deliver to the Trustee an Officers’ Certificate and a written opinion of recognized Argentine counsel, independent of the Bank, to the effect that all governmental approvals necessary for the Bank to effect such redemption have been or at the time of redemption will be obtained and in full force and effect and that the Bank is entitled to effect such a redemption pursuant to the Indenture, and setting forth, in reasonable detail, the circumstances giving rise to such right of redemption. Unless the Bank defaults in the payment of the redemption price, on and after the redemption date interest will cease to accrue on the Notes.
Optional Redemption Upon Tax Event. Subject to the conditions set forth in the Indenture, the Securities are subject to redemption in whole, but not in part, if a Tax Event shall occur and be continuing, at any time within 90 days following the occurrence of such Tax Event, at a Redemption Price equal to $27.27 per $27 principal amount thereof, plus accrued but unpaid interest, including Additional Payments, if any, to the Redemption Date. In lieu of the foregoing, the Company also shall have the option of causing the Securities to remain outstanding and pay Additional Sums on the Securities.
Optional Redemption Upon Tax Event. The Issuer may redeem the Notes, in whole but not in part, at 100.0% of their outstanding principal amount plus accrued and unpaid interest to, but excluding, the applicable redemption date and any Additional Amounts payable with respect thereto, only if:
Optional Redemption Upon Tax Event. The Notes are redeemable at the option of the Company in whole but not in part, upon the occurrence of a tax event, the occurrence of which is confirmed by the opinion of nationally recognized independent tax counsel, within 90 calendar days of such tax event upon not less than 30 calendar days and not more than 60 calendar days prior written notice at a price of 100% of the principal amount to be redeemed, plus unpaid interest accrued to the redemption date. Sinking fund requirements: The debentures will not have the benefit of, or be subject to, any sinking fund. Listing requirements: Application will be made to list the debentures on the New York Stock Exchange.
Optional Redemption Upon Tax Event. Subject to the conditions set forth in the Indenture, the Securities are subject to redemption in whole, but not in part, if a Tax Event shall occur and be continuing, at any time within 90 days following the occurrence of such Tax Event, at a Redemption Price equal to $50 per $50 principal amount thereof, plus accrued but unpaid interest, including Additional Payments, if any, to the Redemption Date. In lieu of the foregoing, the Company shall also have the option of causing the Securities to remain outstanding and pay Additional Sums on the Securities.
Optional Redemption Upon Tax Event. The Securities are subject to redemption in whole, but not in part, at any time within 90 days, if a Tax Event (as defined in the Declaration) shall occur and be continuing, at a redemption price equal to $50 per $50 principal amount thereof plus accrued but unpaid interest, including Additional Interest, if any, to the Redemption Date. Any redemption pursuant to this Section 8 will be made upon not less than 30 nor more than 60 days' notice.
Optional Redemption Upon Tax Event. The Securities are subject to redemption in whole (but not in part), at any time within 90 days thereafter, if a Tax Event (as defined in the Declaration) shall occur and be continuing, at the applicable redemption price set forth above (or, for the period commencing on the date of issuance of the Securities through October 4, 1997 and the twelve month periods commencing October 5, 1997 and October 5, 1998, the product of 106.750%, 106.075% and 105.400%, respectively, times $50), in each case plus accrued but unpaid interest, including Additional Interest, Compounded Interest and Liquidated Damages, if any, to the Redemption Date. Any redemption pursuant to this Section 8 will be made upon not less than 30 nor more than 60 days' notice.
Optional Redemption Upon Tax Event. The Debentures are subject to redemption, at the election of the Company, in whole (but not in part) for cash at a Redemption Principal equal to 100% of the principal amount of the Debentures, at any time within 90 days following the occurrence and continuation of a Redemption Tax Event (as defined in the Declaration). Any redemption pursuant to this Section 8 will be made upon not less than 30 nor more than 60 days' notice.
Optional Redemption Upon Tax Event. The Notes are subject to redemption, at the election of the Company, in whole (but not in part), for cash at the Redemption Price, plus any accrued and unpaid interest, including Additional Payments, if any, to the Redemption Date at any time within 90 days following the occurrence and continuation of a Redemption Tax Event (as defined in the Declaration). Any redemption pursuant to this Section 7 will be made upon not less than 30 nor more than 60 days' notice.
Optional Redemption Upon Tax Event. The Securities are subject to ---------------------------------- redemption in whole or in part for cash, if a Tax Event (as defined in Annex I to the Declaration) shall occur and be continuing and certain other conditions specified in the Indenture are met, at a redemption price equal to the Tax Event Redemption Price (which Tax Event Redemption Price does not include the Make-Whole Premium). Any redemption pursuant to this Section 8 will be made upon not less than 30 nor more than 60 days' notice.
