Mandatory Purchase Date definition

Mandatory Purchase Date means the Purchase Date for a Mandatory Purchase in accordance with this Statement and the VRDP Purchase Agreement.

Examples of Mandatory Purchase Date in a sentence

  • Holders of Series 2014_ Bonds subject to mandatory tender for purchase shall tender such Series 2014_ Bonds to the Bond Registrar by 10:00 a.m., Local Time, on each Mandatory Purchase Date.

  • Notwithstanding the foregoing provisions of this Section, the Remarketing Agent shall be deemed to be the Holder of the Outstanding Bonds on any Mandatory Purchase Date for the purpose of giving any consent required under the terms of this Modal Agreement for the amendment of this Modal Agreement or the Credit Facility, if notice of such amendment has been given to the Persons to whom the Series 2014_ Bonds are proposed to be remarketed.

  • Subject to the provisions of Section 2.05(i), the Series 2014_ Bonds (or the applicable portion of the Series 2014_ Bonds during any Flexible Term Rate Period) shall be subject to mandatory tender for purchase on each Mandatory Purchase Date at the Purchase Price thereof.

  • On each Optional Tender Date and each Mandatory Purchase Date the Board shall cause the purchase (but solely from funds set forth below) of the Series 2014_ Bonds (or portions thereof), tendered (or deemed tendered) to the Bond Registrar for purchase in accordance with this Section at the applicable Purchase Price.

  • No Medium-Term Rate Period may be (A) less than 271 days, (B) extend beyond any scheduled Mandatory Purchase Date or the final maturity of the Series 2014_ Bonds or, (C) end on a day preceding a non-Business Day.


More Definitions of Mandatory Purchase Date

Mandatory Purchase Date for any Series of Bonds, means any date specified as such in the applicable Certificate of Determination.
Mandatory Purchase Date means (i) the Purchase Date of Series 2011B Bonds bearing interest at a Flexible Rate, Term Rate, LIBOR Index Rate, or SIFMA Index Rate, (ii) any Mode Change Date (except for change in Mode between the Daily Mode, Two Day Mode, and the Weekly Mode), (iii) the Expiration Tender Date, (iv) the Substitution Date, (v) the Notice Termination Tender Date, (vi) for the Series 2011B Bonds in the Daily Mode, Two Day Mode or Weekly Mode, any Business Day specified by the Airports Authority not less than twenty (20) days after the Trustee’s receipt of such notice from the Airports Authority and in no event later than the day preceding the Expiration Date, and
Mandatory Purchase Date has the meaning set forth in Section 2.3(d).
Mandatory Purchase Date means the earliest of (i) August 19, 2024, the date on which the Bonds are subject to mandatory tender for purchase, pursuant to Section 4.09 of the Indenture, (ii) the date on which the interest rate mode of the Bonds is converted from the interest rate mode in effect on the Closing Date to another interest rate mode, and (iii) the date on which the Bonds are required to be redeemed or purchased in full pursuant to the Indenture.