Optional Repurchase definition

Optional Repurchase is defined in Section 5.1(b).

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

Examples of Optional Repurchase in a sentence

• A Holder that has delivered an Optional Repurchase Election Notice for an Optional Repurchase Date with respect to any Note(s) represented by a Certificate may withdraw such Optional Repurchase Election Notice by delivering a written notice of withdrawal to the Paying Agent at any time before the Close of Business on the Business Day immediately before such Optional Repurchase Date.

• Each Holder will have the right to require the Company to repurchase such Holder’s Notes on each Optional Repurchase Date for cash in the manner, and subject to the terms, set forth in Section 4.03 of the Indenture.

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

• For the avoidance of doubt, interest payable in cash pursuant to the second sentence of Section 4.03(C) on any Note to be repurchased pursuant to an Optional Repurchase must be paid pursuant to such proviso regardless of whether the Certificate representing such Note is delivered or such Depositary Procedures are complied with pursuant to the first sentence of this Section 4.03(F).

• The Optional Repurchase Price for any Note to be repurchased on any Optional Repurchase Date pursuant to an Optional Repurchase is an amount in cash equal to the sum of (x) the Par and Unpaid Interest Amount for such Note on such Optional Repurchase Date; and (y) the Optional Repurchase Fee applicable to such Note and such Optional Repurchase.

More Definitions of Optional Repurchase

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.

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

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 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.

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