Mandatory Redemption definition
Examples of Mandatory Redemption in a sentence
No Note may be surrendered (including any surrender in connection with any abandonment) except for payment as provided herein, or for registration of transfer or exchange, or for redemption in accordance with Article IX hereof (in the case of Special Redemption or a Mandatory Redemption, only to the extent that such Special Redemption or Mandatory Redemption results in payment in full of the applicable Class of Notes), or for replacement in connection with any Note deemed lost or stolen.
The Loans are subject to prepayment in connection with a Mandatory Redemption as set forth in Section 9.1 of the Indenture (a “Mandatory Prepayment”).
The preceding sentence shall not limit an Optional Redemption, Special Redemption, Mandatory Redemption or any other prepayment effected pursuant to the terms of this Indenture or the Class A Credit Agreement.