Optional Dissolution Date definition

Optional Dissolution Date means, in relation to any exercise of the Optional Dissolution Right, the date(s) specified as such in the applicable Pricing Supplement and which must (if the Certificate is a Floating Rate Certificate) be a Periodic Distribution Date;

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Optional Dissolution Date means, in relation to the exercise of an Optional Dissolution Right, the date specified as such in the applicable Final Terms;

Optional Dissolution Date means, in relation to the exercise of an Optional Dissolution Right, the date specified as such in the Exercise Notice delivered by Axiata to the Trustee and:

Examples of Optional Dissolution Date in a sentence

• Pursuant to the Purchase Undertaking, the Trustee shall have the right to require the Obligor to purchase and accept the transfer of the Outstanding Airtime Vouchers from the Trustee and pursuant to the Sale Undertaking the Obligor will have the right to require the Issuer to sell, transfer and convey all of the Outstanding Airtime Vouchers to the Obligor, each on the Business Day immediately preceding a Scheduled Dissolution Date or Optional Dissolution Date.

• Pursuant to the Purchase Undertaking, the Trustee shall have the right to require the Obligor to purchase and accept the transfer of the Outstanding Airtime Vouchers from the Trustee and pursuant to the Sale Undertaking the Obligor will have the right to require the Issuer to sell, transfer and convey all of the Outstanding Airtime Vouchers to the Obligor, each on the Business Day immediately preceding a Final Dissolution Date or Optional Dissolution Date.

• In each instance, the Trustee will use the amounts received from such purchase or sale to pay amounts due to Certificateholders on the relevant Scheduled Dissolution Date or Optional Dissolution Date.

• In each instance, the Trustee will use the amounts received from such purchase or sale to pay amounts due to Certificateholders on the relevant Final Dissolution Date or Optional Dissolution Date.

More Definitions of Optional Dissolution Date

Optional Dissolution Date. ’ means the Optional Dissolution Date as may be specified in, or determined in accordance with the provisions of, the applicable Final Terms relating to the exercise of the option set out in Condition 11.3 (Dissolution at the Option of the Issuer);

Optional Dissolution Date means, in relation to any exercise of the Optional Dissolution Right, (i) in the case of Fixed Rate Certificates, any date, or the date(s) specified as such in the applicable Pricing Supplement; and (ii) in the case of Floating Rate Certificates, any Periodic Distribution Date, or the Periodic Distribution Dates specified as such in the applicable Pricing Supplement;

Optional Dissolution Date means the date specified in the applicable Final Terms;

Optional Dissolution Date means the date on which Trust Certificates are to be redeemed in accordance with Condition 10.3 (Dissolution at the Option of the Obligor (Optional Dissolution Call Right)), as specified in the relevant Exercise Notice;

Optional Dissolution Date. ’ means, in relation to the occurrence of an Optional Dissolution (Call), the date on which the Certificates of a particular Series are to be redeemed as specified in the Exercise Notice delivered by the RAK Government pursuant to the Sale Undertaking;

Optional Dissolution Date means an Obligor Call Date or a Change of Control Put Date.

Optional Dissolution Date means the date on which Trust Certificates are to be redeemed in accordance with Condition 10.3, as specified in the relevant Exercise Notice;