Failed Secondary Remarketing definition

Failed Secondary Remarketing has the meaning specified in Section 5.5(b).

Failed Secondary Remarketing shall have the meaning set forth in Section 9.2(h).

Failed Secondary Remarketing. Growth PACS," "Holder," "Income PACS," "Initial Remarketing", "Initial Remarketing Date", " Notes," "Officers' Certificate," "Opinion of Counsel," "Outstanding Securities," "Purchase Contract," "Purchase Contract Settlement Date," "Purchase Price," "Redemption Amount", "Remarketing Fee", "Remarketing Agent," "Remarketing Agreement," "Remarketing Fee," "Secondary Remarketing","Security", "Settlement Rate," "Successful Initial Remarketing", "Tax Event", "Tax Event Redemption", "Tax Event Redemption Date", "Termination Event," "Treasury Portfolio", and "Underwriting Agreement"; and

Examples of Failed Secondary Remarketing in a sentence

• In addition, the Notes shall be subject to repurchase by the Company following a Failed Secondary Remarketing as described below.

• As a result of this extensive communication the following initiatives were undertaken and completed: 1) The exit interview process was examined and a new questionnaire was developed and utilized.

• In the event of a Failed Initial Remarketing, the applicable Coupon Rate on the Notes outstanding on and after the Purchase Contract Settlement Date will be reset on the Secondary Remarketing Date to the applicable Reset Rate (such Reset Rate to be in effect on and after the Purchase Contract Settlement Date), except in the event of a Failed Secondary Remarketing.

• If a Failed Secondary Remarketing has occurred, Holders of Notes following the Purchase Contract Settlement Date shall have the right (the "Put Option") to put or sell such Notes to the Company on June 30, 2005 (the "Put Option Exercise Date"), upon at least three Business Days prior notice, at a repayment price equal to the principal amount of such Notes plus an amount equal to the accrued and unpaid interest thereon to the date of payment (the "Note Repayment Price").

• Unless a Tax Event Redemption occurs or the Notes are repurchased by the Company at the Holders' option following a Failed Secondary Remarketing as described in Section 205(b), the entire principal amount of the Notes will mature and become due and payable, together with any accrued and unpaid interest thereon, on November 16, 2007 (the "Maturity Date").

More Definitions of Failed Secondary Remarketing

Failed Secondary Remarketing shall have the meaning set forth in Section 302(h).

Failed Secondary Remarketing means, in connection with a Secondary Remarketing, that the Remarketing Agent, in spite of using its reasonable efforts, cannot remarket the Notes in the Secondary Remarketing (other than to the Company) at a price not less than 100% of the sum of the Treasury Portfolio Purchase Price plus the Separate Notes Purchase Price or a condition precedent set forth in the Remarketing Agreement is not fulfilled.

Failed Secondary Remarketing shall have the meaning set forth in Section 4.02(h).

Failed Secondary Remarketing shall have the meaning set forth in Section 8.02(g).

Failed Secondary Remarketing means, in connection with a Secondary Remarketing, that the Remarketing Agent, in spite of using its reasonable efforts, cannot remarket the Notes in the Secondary Remarketing (other than to the Company) at a price not less than 100% of the sum

Failed Secondary Remarketing has the meaning specified in Section 5.04(b).

Failed Secondary Remarketing shall have the meaning set forth in Section 3.02(h).