Optional Redemption Price definition

Optional Redemption Price shall have the meaning set forth in Section 3.2.

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Optional Redemption Price means, with respect to any Trust Security, an amount equal to one hundred percent (100%) of the Liquidation Amount of such Trust Security on the Redemption Date, plus accumulated and unpaid Distributions to the Redemption Date, plus the related amount of the premium, if any, and/or accrued interest, including Additional Interest, if any, thereon paid by the Depositor upon the concurrent redemption or payment at maturity of a Like Amount of Notes.

Optional Redemption Price has the meaning set forth in Section 11.1.

Examples of Optional Redemption Price in a sentence

The Noteholder may convert this Note at its option pursuant to Section 5(a) hereof at any time after receipt of a Redemption Notice and prior to payment of the Optional Redemption Price.
In the case of a conversion in accordance with Section 5 or a redemption in accordance with Section 6, in each case, prior to the payment of Interest on an Interest Date, accrued and unpaid Interest on this Note as of the date of any such event shall be payable by way of inclusion of such Interest in the Optional Conversion Amount or the Optional Redemption Price, as applicable, on the applicable Optional Conversion Date or Redemption Date.
Any redemption on a Redemption Date in accordance with this Section 6 shall be deemed satisfied upon payment of the Optional Redemption Price in cash to the Noteholder by the end of the proposed Redemption Date set forth in the Redemption Notice.
Notwithstanding the foregoing, the Noteholder shall be entitled at its option at any time and from time to time after the receipt of a Redemption Notice and prior to the payment of the Optional Redemption Price to exercise its conversion right under this Section 5(a) in the event that the Issuer has elected to exercise its optional redemption right under Section 6(a) by delivering a Redemption Notice to the Noteholder.

More Definitions of Optional Redemption Price

Optional Redemption Price means $25,000 per share 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 plus any applicable redemption premium attributable to the designation of a Premium Call Period.

Optional Redemption Price means the cash price payable by the Company to redeem any Note upon its Optional Redemption, calculated pursuant to Section 4.03(F).

Optional Redemption Price means 100% of the principal amount of the Debentures being redeemed, plus accrued and unpaid interest (including any Additional Interest) on such Debentures to the Optional Redemption Date.

Optional Redemption Price means $25,000 per share plus an amount equal to accumulated but unpaid dividends (whether or not earned or declared) to the date fixed for redemption plus any applicable redemption premium attributable to the designation of a Premium Call Period, but excluding Gross-up Dividends.

Optional Redemption Price when used with respect to any Note to be redeemed at the Company’s option, means the price at which it is to be redeemed pursuant to Section 1.3 of this Supplemental Indenture.

Optional Redemption Price means an amount in cash equal to 100% of the principal amount of the Debentures being redeemed plus unpaid interest accrued on such Debentures to the related Optional Redemption Date.

Optional Redemption Price means a price equal to the percentage of the liquidation amount of Securities to be redeemed plus accumulated and unpaid Distributions thereon, if any, to the date of such redemption if redeemed during the 12-month period beginning June 1 of the years indicated below: 100.000 %