Equity Payment Date definition
Examples of Equity Payment Date in a sentence
Such Equity Payment Date is considered to be a Termination Date that is applicable to only the Redemption Amount.
Notwithstanding anything to the contrary in any other provision of this Transaction, any taxes that may become payable by or assessable on any holder of the Preference Shares on any date (as determined by the Calculation Agent in its reasonable business judgement) with respect to the sale by or on behalf of the Issuers of any of the Exchangeable Shares after any such Exchangeable Note Exercise Date, shall be deducted from the Final Price as of each Equity Payment Date.
Notwithstanding any deferral of payment, any such Deferred Payment shall be included as part of the Equity Amount paid by Party A on any Equity Payment Date.
In the event of a mandatory redemption by the Fund of all or part of the Shares on any Business Day (the “Mandatory Redemption Date”), then the Equity Notional Amount and the Number of Shares shall be adjusted accordingly on the relevant Equity Payment Date.