Mandatory Redemption Date definition

Mandatory Redemption Date means, in respect of a Mandatory Redemption Event, the date designated as such in accordance with Condition 8.7.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Mandatory Redemption Date means the first Payment Date occurring on or after the last day of the Funding Period.

Mandatory Redemption Date means the date on which a Mandatory Redemption is to occur.

Examples of Mandatory Redemption Date in a sentence

• On the Special Mandatory Redemption Date, after paying the Special Mandatory Redemption Price to Holders, the Trustee will pay to the Issuer any Escrowed Funds in excess of the amount necessary to effect the Special Mandatory Redemption.

• The Issuer shall give notice to the ETP Securityholders of the Mandatory Redemption Date and the Mandatory Redemption Settlement Date of the ETP Securities as soon as reasonably practicable in accordance with Condition 17.

• For the purposes of Condition 8.7, a Mandatory Redemption Date will occur on the fifth Business Day following the date of the Publication Event Redemption Notice.

• Upon the deposit of funds sufficient to pay the Special Mandatory Redemption Price with the Trustee or other applicable paying agent on or before the Special Mandatory Redemption Date, the Notes will cease to bear interest and all rights and obligations under the Notes shall terminate.

• In the event the Final Payment (as defined in the GUC Agreement) is to be made before the Maturity Date, the Issuer will redeem all of the outstanding Notes (the “Special Mandatory Redemption”) at their Redemption Price plus accrued and unpaid Interest at the Special Mandatory Redemption Date (as defined below).

More Definitions of Mandatory Redemption Date

Mandatory Redemption Date has the meaning specified in Section 10.04.

Mandatory Redemption Date means, in each year so specified in the Bonds in the Daily Rate Mode, the Two-Day Mode, the Weekly Rate Mode or the Commercial Paper Mode, or in any case not specified, the first Business Day in the Maturity Month (which will be an Interest Payment Date).

Mandatory Redemption Date has the meaning set forth in Section 3(a)(iv) hereof.

Mandatory Redemption Date means the earlier of (i) the Distribution Date in May 2000 and (ii) if the last day of the Funding Period occurs on or prior to the Calculation Date occuring in February 2000, March 2000 or April 2000 then the Distribution Date relating to such Calculation Date.

Mandatory Redemption Date shall have the meaning set forth in Section 6(b).

Mandatory Redemption Date means a Principal Payment Date designated as such by the Treasurer in the Certificate of Award on which principal of Term Bonds is payable by mandatory redemption prior to stated maturity pursuant to Section 3(e)(i).

Mandatory Redemption Date means the date falling 30 days after the first publication in accordance with Condition 19 (Notices) of a Put Event Notice as referred to in Condition 9(f) (Redemption on a Put Event);