Optional Repurchase definition

Optional Repurchase is defined in Section 5.1(b).

Optional Repurchase means, with respect to any outstanding Indebtedness, any optional or voluntary repurchase, redemption or prepayment made in cash of such Indebtedness, the related payment in cash of accrued interest to the date of such repurchase, redemption or prepayment on the principal amount of such Indebtedness repurchased, redeemed or prepaid, the payment in cash of associated premiums (whether voluntary or mandatory) on such principal amount and the cash payment of other fees and expenses incurred in connection with such repurchase, redemption or prepayment.

Optional Repurchase means the option of a Holder to elect to require the Company to repurchase Notes of this series pursuant to Section 5 of this Note.

Examples of Optional Repurchase in a sentence

• Subject to the terms of thisSection 4.03, each Holder will have the right (the “Optional Repurchase Right”) to require the Company to repurchase such Holder’s Notes (or any portion thereof in an Authorized Denomination) on each of September 1, 2025, June 1, 2033 and June 1, 2040 (each, an “Optional Repurchase Date”) for a cash repurchase price equal to the Optional Repurchase Price.

• The Company will pay or cause to be paid all the principal of, the Fundamental Change Repurchase Price, Redemption Price and Optional Repurchase Price for, interest on, and other amounts due with respect to, the Notes on the dates and in the manner set forth in this Indenture.

• No later than twenty (20) Business Days before each Optional Repurchase Date, the Company will send to each Holder (and to any beneficial owner of a Global Note, if required by applicable law), the Trustee and the Paying Agent a notice (an “Optional Repurchase Date Notice”).

• Unless otherwise stated, capitalised terms used herein shall have the same meanings as those defined in the Announcements.UPDATE ON FACILITY AGREEMENTFacility AgreementOn 16 June 2023 and 22 June 2023, HHI, as borrower, and LHI, as operating company and an obligor, entered into the Facility Agreement with SC, as lender, pursuant to which SC made available the Loan Facility to HHI in an amount of S$55 million bearing a fixed interest rate of 11% per annum.

• Subject to the terms of this Section 4.03, Notes may be repurchased pursuant to an Optional Repurchase in part, but only in Authorized Denominations.

More Definitions of Optional Repurchase

Optional Repurchase means a repurchase of the Notes pursuant to Section 10.01 of the Indenture.

Optional Repurchase means the repurchase of any Note by the Company pursuant to Section 4.03.

Optional Repurchase shall have the meaning set forth in Section 3(d) hereof.

Optional Repurchase has the meaning set forth in the Sale and Servicing Agreement.

Optional Repurchase has the meaning assigned to such term in Section 4(b) hereof.

Optional Repurchase means the repurchase of Contracts by the Certificateholders pursuant to Section 3.10.

Optional Repurchase means the repurchase of any Convertible Preferred Stock by the Company pursuant to Section 8.