Optional Redemption definition
Examples of Optional Redemption in a sentence
The Loans are subject to prepayment in connection with an Optional Redemption as set forth in Section 9.2 of the Indenture or a Tax Redemption as set forth in Section 9.3 of the Indenture.
Redemption 14 7.1 Fundamental Change Redemption 14 7.2 Optional Redemption 15 7.3 Insolvency Redemption 15 7.4 Fundamental Change Redemption Notice 15 7.5 Optional Redemption Notice 16 7.6 Insufficient Funds; Remedies For Nonpayment 16 7.7 Surrender of Certificates 17 7.8 Rights Subsequent to Redemption 17 8.
In the case of any Optional Redemption, the Redemption Date must be a Business Day, and the Company may not specify a Redemption Date that falls on or after the 41st Scheduled Trading Day immediately preceding the Maturity Date.
Notwithstanding anything to the contrary contained herein, each holder of Shares of Series C Preferred Stock shall have the right to elect, prior to the Optional Redemption Date, to exercise the conversion rights, if any, in accordance with Section 8.
At such time as the Secured Debt is redeemed or prepaid, as applicable, in whole in connection with an Optional Redemption (other than a Refinancing), Clean-Up Call Redemption, or a Tax Redemption, without duplication, all accrued and unpaid Collateral Management Fees, Current Deferred Management Fees and Cumulative Deferred Management Fees, excluding any Waived Collateral Management Fee (the “Aggregate Collateral Management Fee”) shall be due and payable to the Collateral Manager.