Redemption Premium. Buyer and the Company agree that, because the Buyer may require that the Company redeem the Preferred Shares at a redemption price in excess of its issue price, the entire amount of the excess may constitute an unreasonable redemption premium that will be treated as a constructive distribution for United States federal income tax purposes. Buyer generally would take this constructive distribution into account each year in the same amount as original issue discount would be taken into account if the preferred stock were treated as a debt security for United States federal income tax purposes, and account for the distribution as a dividend to the extent so required under Section 305 of the Code.
Redemption Premium. The term “
Redemption Premium. Should the Borrower redeem this Note, in whole or in part, pursuant to Section 1(a) or 1(b), at any time after October 11, 2007 and prior to the Maturity Date, the Borrower shall pay to the Lender at the time of such redemption an additional amount equal to five percent (5%) of the total principal amount of this Note redeemed at such time. No redemption premium shall be payable by the Borrower should the Borrower redeem this Note, in whole or in part, pursuant to Section 1(a) or 1(b), at any time on or prior to October 11, 2007.
Redemption Premium. In the event that, on or prior to the second anniversary of the Issue Date, the Company (i) elects to make any redemption of the Notes that constitutes a Repricing Event or (ii) effects any amendment of this Indenture that constitutes a Repricing Event, the following repricing event premium (expressed as a percentage of the principal amount of Notes to be redeemed or subject to such amendment) will be payable if the Notes are redeemed or such amendment constituting a Repricing Event is effected during the periods indicated below: Year Percentage On or prior to the first anniversary of the Issue Date 2.000% After the first anniversary of the Issue Date but on or prior to the second anniversary of the Issue Date 1.000%
Redemption Premium. For the avoidance of doubt, all Minimum Payments and any other payment of any Redemption Amount in cash, including the required cash payment set forth in Section 2 hereof, shall be subject to the Redemption Premium.
Redemption Premium. In respect of the payout of redeemed units, the Management Company may impose a redemption discount on the net asset value of the redeemed units in accordance with Appendix A "Overview of the sub-fund". 12.1.3.
Redemption Premium. Should the Company redeem the Notes, in whole or in part, whether pursuant to Section 2.06(b) or Section 2.06(c), at any time prior to October 31, 2006, the Company shall be obligated to pay at the time of such redemption to each holder of the Notes an additional amount equal to the interest that, but for the redemption of the Notes, would have accrued on the outstanding principal amount of the Notes held by such holder so redeemed for the period from the date of redemption through and including October 31, 2006.
Redemption Premium. Notwithstanding paragraph (a) above, if the Redemption Event Proceeds relate to a sale, refinancing or other transaction involving Three SAC, the redemption price at any time until March 15, 2010, shall be 101.0% of principal, plus accrued and unpaid interest to the applicable redemption date. If such redemption date is on or after March 15, 2010, the redemption price shall be 100.0% of principal, plus accrued and unpaid interest to the applicable redemption date.
Redemption Premium. Should the Borrower redeem this Note pursuant to Section 1(a), the Borrower shall pay to the Lender at the time of such redemption an additional amount equal to one percent (1%) of the total principal amount of this Note held by such holder redeemed at such time. Should the Borrower redeem this Note, in whole or in part, pursuant to Section 1(b), (i) at any time prior to the first anniversary of the date hereof, the Borrower shall pay to the Lender at the time of such redemption an additional amount equal to one percent (1%) of the total principal amount of this Note redeemed at such time; (ii) at any time after the first anniversary but prior to the second anniversary of the date hereof, the Borrower shall pay to the Lender at the time of such redemption an additional amount equal to five percent (5%) of the total principal amount of this Note redeemed at such time; (iii) at any time after the second anniversary but prior to the third anniversary of the date hereof, the Borrower shall pay to the Lender at the time of such redemption an additional amount equal to four percent (4%) of the total principal amount of this Note redeemed at such time; (iv) at any time after the third anniversary but prior to the fourth anniversary of the date hereof, the Borrower shall pay to the Lender at the time of such redemption an additional amount equal to three percent (3%) of the total principal amount of this Note redeemed at such time; and (v) at any time after the fourth anniversary of the date hereof, the Borrower shall pay to the Lender at the time of such redemption an additional amount equal to two percent (2%) of the total principal amount of this Note redeemed at such time.
Redemption Premium. Any premium payable on redemption may be paid only from moneys satisfying the requirements of Section 5.01(c)(iii). The Company may call any Bonds for redemption pursuant to this subsection (e) which would require a payment of a premium only if the Trustee can draw under the Credit Facility and has in the Redemption Premium Account moneys that satisfy the requirements of Section 5.01(c)(iii), which together constitute an aggregate amount sufficient to pay such premium and the principal of and interest on the Bonds so called to the date of redemption.
