Callholder definition

Callholder means the remarketing agent granted the option under a REPS Remarketing Agreement to purchase this Note in the REPS Mode and subsequently remarket the repurchased Note at a REPS Coupon Reset Rate.
Callholder means the remarketing agent granted the option under a ROARS Remarketing Agreement to purchase this Note in the ROARS Mode and subsequently remarket the repurchased Note at a ROARS Coupon Reset Rate.
Callholder means the Operating Partnership or its Assignees. The Callholder may at any time assign its rights and obligations under its Call Option; provided, however, that (i) such rights and obligations are assigned in whole and not in part and (ii) it provides the Trustee and the Operating Partnership with notice of such assignment contemporaneously with such assignment. Morgan Stanley & Co. International Limited, a corporation organized under the laws of England ("Morgan Stanley"), has made a payment to the Operating Partnership on the date hereof, which amount represents a reasonable payment for Morgan Stanley's acquiring the Call Option from the Operating Partnership. To this end, the Operating Partnership hereby assigns all its right, title and interest in, to and under the Call Option to Morgan Stanley and Morgan Stanley hereby assumes all the obligations and liabilities of the Operating Partnership under the Call Option. Upon receipt of notice of assignment, the Trustee shall treat the assignee as Callholder for all purposes hereunder. The Callholder may assign its rights under the Call Option without notice to, or consent of, the holders of the REPS (including, if applicable, the Holder hereof). If the Callholder exercises the Call Option, unless terminated in accordance with its terms, (i) not later than 2:00 p.m., New York Time, on the Business Day prior to the Coupon Reset Date, the Callholder shall deliver the Call Price in immediately available funds to the Trustee for payment thereof to the Holders of the REPS on the Coupon Reset Date and (ii) the Holders shall deliver and, as long as the REPS are represented by a Global Security, shall be deemed to have delivered the REPS to the Callholder against payment therefor on the Coupon Reset Date through the facilities of DTC. The Callholder is not required to exercise the Call Option, and no holder of the REPS or any interest therein shall have any right or claim against the Callholder as a result of the Callholder's decision whether or not to exercise the Call Option or performance or non-performance of its obligations with respect thereto. If the Calculation Agent determines that (i) at any time prior to the sale of the REPS on the Bid Date, an Event of Default has occurred and is continuing under Sections 501(1), (2), (3), (4) or (5) of the Indenture (in such event termination is at the Callholder's option), (ii) at any time prior to the sale of the REPS on the Bid Date, an Event of Default has occurred ...

Examples of Callholder in a sentence

One way the EPP demonstrated its commitment to the five-year plan was through the creation of the new Assistant Dean of Administration, Inclusive Excellence and Special Projects position(more thoroughly discussed below).

Upon receipt of notice of assignment, the Trustee shall treat the assignee as Callholder under such Call Option for all purposes hereunder.

The Callholder may at any time assign its rights and obligations under the Call Option; provided, however, that (i) such rights and obligations are assigned in whole and not in part; and (ii) it provides the Trustee and the Company with notice of such assignment contemporaneously with such assignment.

The Callholder, by giving notice to the Trustee (the ``Call Notice''), has the right to purchase the aggregate principal amount of this Debt Security, in whole but not in part (the ``Call Option''), on the Coupon Reset Date, at a price equal to 100% of the principal amount hereof (the ``Call Price'') (interest accrued to but excluding the Coupon Reset Date shall be paid by the Company on such date to the Holder hereof on the most recent Regular Record Date).

Upon receipt of notice of assignment, the Trustee shall treat the assignee as Callholder for all purposes hereunder.


More Definitions of Callholder

Callholder means the remarketing agent granted the option under a REPS Remarketing Agreement to purchase Notes in the REPS Mode and subsequently remarket the repurchased Notes at a REPS Interest Rate. "CD Rate" shall have the meaning specified in Section 206(b)(1) hereof. "CMT Rate" shall have the meaning specified in Section 206(b)(2) hereof. "Commercial Paper Term Mode" shall mean, with respect to any Note, the Interest Rate Mode in which the interest rate on such Note is reset on a periodic basis that shall not be less than one calendar day nor more than 364 consecutive calendar days and interest is paid as provided for such Interest Rate Mode in Section 204(e)(1) hereof. "Commercial Paper Term Period" shall mean, with respect to any Note, the Interest Rate Period in the Commercial Paper Term Mode that is a period of not less than one nor more than 364 consecutive calendar days, as determined by the Company or, if not so determined, by the Remarketing Agent for such Note (in its best judgment in order to obtain the lowest interest cost for the Note). Each Commercial Paper Term Period will commence on the Interest Rate Adjustment Date therefor and end on the day preceding the date specified by such Remarketing Agent as the first day of the next Interest Rate Period for the Notes. The interest rate for any Commercial Paper Term Period relating to any Note will be determined not later than 11:50 a.m., New York City time, on the Interest Rate Adjustment Date for the Note, which is the first day of each Interest Period for such Note.
Callholder. Bank of America, N.A., or any permitted assignee thereof.
Callholder means Bank of America, N.A., as holder of the call option under the Call Option Agreement.
Callholder has the meaning specified in Section 12.01(a).