Mandatory Redemption Price definition

Mandatory Redemption Price means $25,000 per share of AMPS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption and excluding Additional Dividends.

Mandatory Redemption Price means $25,000 per share of APS plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption, but excluding Gross-up Dividends.

Mandatory Redemption Price means $25,000 per Auction Market Preferred Share plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to (but not including) the date fixed for redemption.

Examples of Mandatory Redemption Price in a sentence

• Upon a redemption notice having been given under Section 4.14.1(a), all Notes shall thereupon be and become due and payable at the Mandatory Redemption Price on the Mandatory Redemption Date, in the same manner and with the same effect as if it were the final Stated Maturity specified in the Notes, anything therein or herein to the contrary notwithstanding.

• Upon Notes being called for mandatory redemption under Section 4.14.1(a), the Issuer shall deposit with the Trustee or any Paying Agent, on or before 11:00 a.m. (Toronto time) on the Business Day immediately prior to the Mandatory Redemption Date, such sums of money as may be sufficient to pay the Mandatory Redemption Price for the Notes.

• The Initial Purchasers shall have received copies of a commitment letter in favor of the Issuers executed by one or more funds or limited partnerships managed or advised by affiliates of the Consortium who shall have committed to fund, in the event of a Special Mandatory Redemption, the difference between the Special Mandatory Redemption Price and the amount in the Escrow Account available to be applied to redeem the Notes pursuant to the Special Mandatory Redemption.

• The Notes should be surrendered to the Paying Agent for payment of the Special Mandatory Redemption Price at the office of the Paying Agent as follows: [By Mail] [By Hand] [By Courier] The method chosen for the delivery of the Notes is at the option and risk of the holder.

• In the event that the Special Mandatory Redemption Price payable upon such Special Mandatory Redemption for the Notes exceeds the amount on deposit in the Escrow Account, the Investors shall be required to fund the difference between the applicable Special Mandatory Redemption Price and the amount on deposit in the Escrow Account pursuant to a commitment provided by them.

More Definitions of Mandatory Redemption Price

Mandatory Redemption Price shall have the meaning as set forth in Section 2.5(b)(i)(A).

Mandatory Redemption Price means the Redemption Price plus (in the case of a Rate Period of one year or more only) a redemption premium, if any, determined by the Board of Directors after consultation with the Broker-Dealers and set forth in any applicable Specific Redemption Provisions.

Mandatory Redemption Price has the meaning specified in Section 10.04.

Mandatory Redemption Price means $50,000 per share of APS plus an amount equal to accumulated but unpaid dividends thereon to the date fixed for redemption (whether or not earned or declared).

Mandatory Redemption Price has the meaning set forth in Section 2.03 hereof.

Mandatory Redemption Price means $50,000 per share of Preferred Shares plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption plus the premium, if any, resulting from the designation of a Premium Call Period.

Mandatory Redemption Price means an amount in cash equal to the sum of (A) the Stated Value plus (B) an amount equal to the Accrual Amount plus (C) an amount equal to accrued and unpaid interest, if any, on cash dividends in arrears on such share of Series A Convertible Preferred Stock to the Mandatory Redemption Date.