Examples of Call Payment in a sentence
Payment to Call Class HolderOn the Redemption Date, Freddie Mac will pay to you the excess of (a) the Call Payment plus payments received on the underlying Callable Assets in the month of redemption over (b) the Redemption Price.
Deposit of Initial Call Payment; Pledge• You must deposit the Initial Call Payment with Freddie Mac at the time that you notify Freddie Mac that you want to redeem the Callable Class.• At the same time, you must pledge all of your interest in the underlying Giant Certificate to Freddie Mac as security for your obligation to pay the Final Call Payment and Call Fee.
Notwithstanding anything to the contrary contained herein, the Holder shall be entitled to exercise this Warrant in whole or in part at any time after the receipt of the Call Notice until the receipt by the Holder of the Call Payment.
In the event that the Holder chooses to exercise all or a portion of the Warrant after receipt of the Call Notice, the Company shall have the option to rescind such Call Notice or to exercise its call option with respect to that portion of the Warrant which remains unexercised through the delivery of a pro rata portion of the Call Payment.
The Redemption Notice shall specify (i) the applicable Redemption Date (determined in accordance with the preceding sentence), and (ii) the Call Payment to which each holder of outstanding shares of Series A Preferred Stock shall be entitled in connection with such Redemption.
From and after the Redemption Date, all dividends on shares of Series A Preferred Stock that are redeemed on such Redemption Date shall cease to accumulate and all rights of the holders thereof as holders of Series A Preferred Stock shall cease and terminate, so long as the Call Payment is received on the Redemption Date and the conditions to the effectiveness of such redemption set forth in Section 3(2)(a) are satisfied.
You must pay a Call Fee and a Call Payment to exercise the Call Right.
The ""Callable Assets'' will be:‚ If the related pass-through pool contains a Giant PC, that Giant PC.‚ If the related pass-through pool contains a Giant Security, the GNMA CertiÑcates (and any Giant Securities) underlying that Giant Security.You must pay a Call Fee and a Call Payment to exercise the Call Right.
You should contact your Financial Adviser to obtain an indication of the current applicable Purchase Price for Units in a Series.All Units in a Series on issue will be subject to the same Terms, e.g. same Final Value, Final Maturity Date, Kick-in Levels, Call Levels, Call Payment Amount and Maturity Return Floor Amount.
Payment to Call Class HolderOn the Redemption Date, Freddie Mac will pay to you:‚ The excess of (a) the Call Payment plus payments received on the underlying Callable Assets in the month of redemption over (b) the Redemption Price.‚ Interest on the Initial Call Payment and Final Call Payment from the dates you paid them to the Redemption Date.