Class B Redemption Date definition

Class B Redemption Date has the meaning set forth in the LLC Agreement.
Sample 1Sample 2Sample 3
Class B Redemption Date has the meaning specified in Section 10.04(d)(i) of this Agreement.
Sample 1Sample 2Sample 3
Class B Redemption Date means the Interest Payment Date in respect of which PML as Administrator determines on the immediately preceding Principal Determination Date (and no later than one Business Day from the Interest Determination Date) that, following the application on such Interest Payment Date of (i) Available Revenue in accordance with the Revenue Priority of Payments, (ii) any Class A and Class B Liquidity Reserve Fund Release Amounts in meeting any Class A and Class B Liquidity Deficit against the relevant items in the Revenue Priority of Payments in the order that they appear in the Revenue Priority of Payments, the sum of the Class B Available Redemption Funds would be sufficient to redeem in full the Class B Notes on such Interest Payment Date;
Sample 1Sample 2Sample 3

Examples of Class B Redemption Date in a sentence

  • If any Class B Payment Date or Class B Redemption Date falls on a day that is not a Business Day, payment of all amounts otherwise payable on such date will be made on the next succeeding Business Day, without adjustment, interest or further payment as a result of such delay in payment.

  • In the event that payment of any redemption price, in respect of any Class B Preferred Securities, is improperly withheld or refused and not paid, Capital Payments on such Class B Preferred Securities shall continue to accrue from the Class B Redemption Date to the date of actual payment of such redemption price.

  • The Redemption Price shall be payable at the election of the Trust by check or by wire transfer to an account designated in writing by the holder at least two (2) Business Days prior to the applicable Class B Redemption Date, if one has been so designated.

  • Upon delivery of such notice, the Scheduled Class B Redemption Date and the Class B Notice Date shall each be extended by one year, and the provisions of this Section 6.7 shall apply as such dates have been so extended.

  • From and after the Class B Redemption Date, the Class B Interests shall no longer be outstanding, the holder thereof shall no longer be a Member or hold any Membership Interest in the Company.

  • Please tick appropriate box (Please note that if the answer is ‘No’, all correspondence will be sent to the Applicant’s address) Yes [ ] No [ ] A contact address must be given, whether that of the Applicant or that of the Agent.This form should be accompanied by the following documentation: Please note that if the appropriate documentation is not included, your application will be deemed invalid.

  • Immediately upon the later of (i) the date upon which aggregate distributions to the Class B Member under Section 4.5.a total the Class B Maximum or (ii) the calculation of the Special FC Distribution pursuant to Section 4.5.b and the payment of the Special FC Distribution, if any (such time being referred to herein as the "Class B Redemption Date"), the Class B Interests shall automatically be redeemed for no further consideration, without any further action by any party.

  • The date fixed for redemption of the Warrants is referred to herein as the "Redemption Date." The Class B Redemption Date may not be earlier than thirty-one (31) days after the Class A Redemption Date.

  • So two pieces of DNA with a historical connection to Sweden will have more DNA in common than will a piece of DNA from Korea and a piece of DNA from Sweden.

  • The monies in the Cash Reserve Account may be used by the Issuer to cover (on or prior to the Class B Redemption Date) any Transaction Costs Deficit and any Class A and Class B Revenue Deficit and (after the Class B Redemption Date) any Transaction Costs Deficit, subject to certain limitations as described in the Condition8.9 ( Senior Expenses Deficit).


More Definitions of Class B Redemption Date

Class B Redemption Date has the meaning assigned to such term in Section 5.11(d)(i).
Sample 1Sample 2Sample 3
Class B Redemption Date means, with respect to each Class B Preferred Unit, the date on which the Partnership has completed the redemption of such Class B Preferred Unit pursuant to Section 5.12(e)(ii) or Section 5.12(f).
Sample 1Sample 2Sample 3
Class B Redemption Date. ’ means the Note Payment Date on which the Class B Notes are redeemed in full;
Sample 1
Class B Redemption Date means the Interest Payment Date in respect of which PML as Administrator determines on the immediately preceding Principal Determination Date (and no later than one Business Day from the Interest Determination Date) that, following the application on such Interest Payment Date of
Sample 1
Class B Redemption Date means (i) with respect to the exercise of the Class B Redemption Right, a Specified Redemption Date, (ii) with respect to the Partnership Call Right, April 27, 2017, and (iii) with respect to an Other Liquidity Event, the date on which such Other Liquidity Event occurs.
Sample 1

Related to Class B Redemption Date

  • Special Redemption Date has the meaning set forth in Section 10.2.

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Early Redemption Date means the date on which the Notes become due and payable pursuant to Condition 9;

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

  • Mandatory Redemption Date means, in respect of a Mandatory Redemption Event, the date designated as such in accordance with Condition 8.7.

  • Automatic Early Redemption Date means each Automatic Early Redemption Date specified in the relevant Final Terms.

  • Final Preference Share Redemption Date means the date that falls twenty Business Days following the Valuation Date on which the Calculation Agent has determined the Final Preference Share Redemption Amount or, if earlier, the first Auto-Call Valuation Date on which an Auto-Call Trigger Event has occurred.

  • Early Preference Share Redemption Date means the day falling ten Business Days after the Early Preference Share Valuation Date.

  • Call and Put Redemption Amount means GBP 1 per Preference Share.

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;