Optional Early Termination Date definition

Optional Early Termination Date means the date established by the Tender and Paying Agent, acting upon instructions of the Fund pursuant to the Tender and Paying Agent Agreement, for termination of the VRDP Purchase Agreement upon the occurrence of an Optional Early Replacement Event, which date shall be not less than 16 days nor more than 30 days following such Optional Early Replacement Event.

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Optional Early Termination Date. (unless the parties otherwise agree at such time) shall be the Exchange Business Day specified in the Termination Notice.

Optional Early Termination Date has the meaning specified in Section 3.2(a).

Examples of Optional Early Termination Date in a sentence

• Such determination shall be made on the Optional Early Termination Date.

• Party A or Party B (as determined by the Calculation Agent) shall pay to the other party the Cash Settlement Amount on the Optional Early Termination Date.

• Notwithstanding anything to the contrary in the Definitions or the Agreement, the parties hereby agree to the following Optional Early Termination provisions: Party B shall have the right (but not the obligation) to terminate any Transaction hereunder, in whole or in part, effective as of any Business Day (the “Optional Early Termination Date”), by providing Party A with notice of its exercise of this right one Business Days prior to the Optional Early Termination Date.

• In the absence of manifest error, such determination shall be final and conclusive evidence of the Cash Settlement Amount payable in respect of such Optional Early Termination Date.

• Such determination shall be made on the day that is two Business Days prior to the Optional Early Termination Date.

• Party A or Party B (as determined by the Calculation Agent) shall pay to the other party the Cash Settlement Amount on the second Business Day following the Optional Early Termination Date.

• The Cash Settlement Amount with respect to the Terminated Number of Options shall be paid by [Buyer/Seller] not later than [the third Currency Business Day] [one Settlement Cycle] after the Optional Early Termination Date.

• Unless an Optional Early Termination Date is designated pursuant to Section 3.2, the Term shall be automatically extended for a further year period on the date that is the then prevailing Expiration Date.

• Either party shall have the right (but not the obligation) to terminate this Transaction, effective as of 15FEB06 or if such day is not a Business Day, on the next succeeding Business Day (the "Optional Early Termination Date"), by providing the other party with notice of its exercise of this right five Business Days prior to the Optional Early Termination Date.

• Cash Settlement: Inapplicable Special Provisions: In the event that the Exercising Party exercises its Option pursuant to the foregoing terms and conditions, the amounts payable by the parties on the Optional Early Termination Date shall be calculated as if the Optional Early Termination Date were the final Payment Date for this Transaction.

More Definitions of Optional Early Termination Date

Optional Early Termination Date means 15 February 2012 and every second (2nd) year thereafter, from (and including) 15 February 2014 to (and including) 15 February 2040, subject to adjustment in accordance with the Modified Following Business Day Convention.

Optional Early Termination Date means 28 May 2014 and 28 May every second year thereafter, from, and including, 28 May 2016 to, and including, 28 May 2042, as set out in the Annex attached hereto subject to adjustment in accordance with the Modified Following Business Day Convention.

Optional Early Termination Date means the date established by the Tender and Paying Agent, acting upon written instructions of the Fund pursuant to the Tender and Paying Agent Agreement, for termination of the VRDP Purchase

Optional Early Termination Date set out above is not expected to have overall material financial impact to the Group. The terms of the Supplemental TRS Agreement were determined after arm’s length negotiation between CSH Capital HK and Nomura Singapore having considered the reasons and benefits above. The Directors consider the terms of the Supplemental TRS Agreement are on normal commercial terms and are fair and reasonable and the Supplemental TRS Agreement is in the interests of the Group and its shareholders as a whole. Any amount payable by CSH Capital HK under the Supplemental TRS Agreement will be satisfied by the internal resources of the Group. The Directors consider that the entry of the Supplemental TRS Agreement constitutes a material change to the terms of the TRS Agreement (Thriving Achieve) and therefore the Company shall re-comply with the requirements under Rule 14.36 of the Listing Rules. Further, since the TRS Agreements were entered into with the same parties or their associates within 12 months, the transactions contemplated under the TRS Agreements shall be aggregated under Rule 14.22 of the Listing Rules. As one or more of the applicable percentage ratios (as defined under Rule 14.07 of the Listing Rules) in relation to the TRS Agreements in aggregate exceeds 5% but is less than 25%, the entry of the TRS Agreements constitutes a discloseable transaction for the Company under the Listing Rules and is subject to the reporting and announcement requirements.