Examples of Call Option Date in a sentence
The Book closure / Record date will be 15 (fifteen) days prior to the Interest Payment / Final Maturity Date / Contingent Early Redemption Date (if applicable) / Call Option Date (if applicable) / Put Option Date (if applicable) or as may be directed by SEBI from time to time.
Call Option The Manager may (at its option) direct the Issuer to redeem all, but not some only, of the outstanding Notes on a Call Option Date.
The Issuer, at the direction of the Manager, must give at least 10 days’ notice to the Noteholders of its intention to exercise its option to redeem the Notes on a Call Option Date.
If the Call Option is exercised and the Series Receivables are sold, the Issuer must apply the proceeds received by it in accordance with the Cashflow Allocation Methodology on the relevant Call Option Date on which the Notes are to be redeemed.
Notwithstanding anything to the contrary, in the event the Issuer has notified the Trustee that it will exercise the Call Option, any interest payment due on the Interest Payment Date immediately preceding the Call Option Date shall be paid on such Call Option Date.