Mandatory Redemption definition

Mandatory Redemption means a redemption of ETP Securities in accordance with Condition 8.7.

Mandatory Redemption. The meaning specified in Section 9.1.

Mandatory Redemption means the prepayment, in part, made to the Noteholders without premium made on the Distribution Date on or immediately following the last day of the Funding Period in the event that any amount remains on deposit in the Pre-Funding Account after giving effect to the acquisition of all Subsequent Contracts, including any such acquisition on such date.

Examples of Mandatory Redemption in a sentence

• Unless the Obligor defaults in payment of the Special Mandatory Redemption Price, on and after such Special Mandatory Redemption Date, interest will cease to accrue on the Senior Notes to be redeemed.

• Notice of the occurrence of a Mandatory Redemption Event will be given by the Issuer (a “Special Redemption Notice”) within three Business Days following the occurrence of a Mandatory Redemption Event, to the Trustee, the Escrow Agent, the Collateral Agent and DTC.

• The proceeds from this offering will not be deposited into an escrow account pending completion of the LifeLabs Acquisition or any Special Mandatory Redemption, nor will the Issuer be required to grant any security interest or other lien on those proceeds to secure any redemption of the 2027 Notes.

• Following the Escrow Release in accordance with Section 4(b) of the Escrow Agreement, the Notes shall no longer be subject to a Special Mandatory Redemption pursuant to this paragraph 11.

• On or before the Special Mandatory Redemption Date, the Obligor will pay to a Paying Agent for payment to each Holder of the Senior Notes the applicable Special Mandatory Redemption Price for such Holder’s Senior Notes.

More Definitions of Mandatory Redemption

Mandatory Redemption shall have the meaning set forth in Section 7(b).

Mandatory Redemption has the meaning specified in the Officer’s Certificate.

Mandatory Redemption means “Mandatory Redemption”, as defined in the New Notes Indenture.

Mandatory Redemption means the circumstances in which the Notes will be redeemed prior to maturity as set out in Condition 8.3;

Mandatory Redemption has the meaning assigned to such term in Section 4.2(a).

Mandatory Redemption means the ability of the Issuer to redeem the Bonds at its option, as further described in § 4 (2);

Mandatory Redemption means a redemption of Notes in accordance with Condition 7.8.