Optional Tax Redemption definition

Optional Tax Redemption has the meaning assigned to it in Section 6.1.

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Optional Tax Redemption has the meaning specified in Section 2.9 of this First Supplemental Indenture.

Optional Tax Redemption. The right of Yorkshire Finance to redeem the Notes upon the occurrence of certain events as described in Section 212(d) of the Supplemental Indenture.

Examples of Optional Tax Redemption in a sentence

• As described in the Prospectus Optional Tax Redemption: As described in the Prospectus.

• Notes redeemed pursuant to an Optional Tax Redemption will be redeemed at an amount equal to the principal amount of the Notes being redeemed together with Additional Amounts, if any, plus any accrued and unpaid interest to (but excluding) the Redemption Date.

• Except in the case of a Default or Event of Default in payment of principal of or interest on any Note (including payments pursuant to the Optional Redemption, Optional Tax Redemption or required repurchase provisions of such Note, if any), the Trustee may withhold the notice if and so long as a committee of its Trust Officers in good faith determines that withholding the notice is in the interests of the Holders of such Notes.

• The Company may also redeem all of the Notes in accordance with the Optional Tax Redemption provision of the Notes (Section 8 of the Initial Notes and Section 7 of the Exchange Notes).

• Optional Tax Redemption: In the event of various tax law changes and other limited circumstances, in whole but not in part, at a price equal to 100% of the principal amount plus accrued interest thereon to the redemption date.

• Except as set forth below and pursuant to Clause 7.3.2 (Optional Tax Redemption), the Company shall not be entitled to prepay the Loans at its option prior to the second anniversary of the Closing Date.

• Optional Tax Redemption: In the event of various tax law changes and other limited circumstances that require the Company to pay additional amounts, in whole but not in part, at a price equal to 100% of the principal amount plus accrued interest thereon to but excluding the redemption date.

• Except in the case of a Default or Event of Default in payment of principal of or interest on any Note (including payments pursuant to the Optional Redemption, Optional Tax Redemption or required repurchase provisions of such Note, if any), the Trustee may withhold the notice if and so long as a committee of its Trust Officers in good faith determines that withholding the notice is in the interests of the Holders.

• The Company may redeem all of the Notes in accordance with the Optional Tax Redemption provision of the Notes (Section 8 of the Initial Notes and Section 7 of the Exchange Notes).

• The Company may also redeem all of the Notes in accordance with the Optional Tax Redemption provision of the Notes (Section 8 of the Notes).

More Definitions of Optional Tax Redemption

Optional Tax Redemption. For specified changes in Brazilian tax laws Listing: New York Stock Exchange (application pending) CUSIP: 29082A AA5 ISIN: US29082AAA51 Ratings: ▇▇▇▇▇’▇, Baa3; S&P, BBB- Public Offering Price: 100.00% of the principal amount, plus accrued interest, if any, from June 15, 2012. Price to Underwriters: 99.800% of the principal amount, plus accrued interest, if any, from June 15, 2012. Registration Statement File Number: 333-182039 Execution Time: 5 p.m. (New York City time) on June 12, 2012 Closing: 9:30 a.m. (New York City time) on June 15, 2012, at the offices of ▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & ▇▇▇▇▇▇▇▇ LLP, Av. Presidente ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇, n. 1.455, 12th floor, São Paulo, SP. Bookrunners: Citigroup Global Markets Inc. Itau BBA USA Securities, Inc. ▇▇▇▇▇▇ ▇▇▇▇▇▇▇ & Co. LLC. Managers: None Clear Market Period: From June 12, 2012 to July 12, 2012, the Issuer and its subsidiaries will not issue, offer or sell non-real denominated debt securities with tenor of more than one year, provided that the Issuer will not be prevented from (i) prepaying any of its existing indebtedness; (ii) entering into a five-year revolving credit facility with lenders of its choosing; (iii) entering into any export financing transaction with multilateral agencies or (iv) entering into any financing from Financiadora de Estudos e Projetos – FINEP or the Banco Nacional de Desenvolvimento Econômico e Social – BNDES. Indenture: Indenture to be dated as of June 15, 2012, among the Issuer and The Bank of New York Mellon, as trustee.

Optional Tax Redemption. [•] Listing: New York Stock Exchange CUSIP: [•] ISIN: [•] Expected Rating of the Company1: [•]

Optional Tax Redemption has the meaning specified in Section 2.8 (Optional Tax Redemption).

Optional Tax Redemption. The right of the Company to redeem the Senior Notes upon the occurrence of certain events as described in Section 3.6 of the Indenture.