Partial Redemption Interest Proceeds definition

Partial Redemption Interest Proceeds means, in connection with a Partial Redemption or a Re-Pricing Redemption, Interest Proceeds in an amount equal to (a) the lesser of (i) the amount of accrued interest on the Classes being redeemed or refinanced and (ii) the amount the Asset Manager reasonably determines would have been available for distribution under the Priority of Payments for the payment of accrued interest on the Classes being redeemed or refinanced on the next subsequent Payment Date (or, if the Partial Redemption Date or the Re-Pricing Redemption Date is a Payment Date, such Payment Date) if such Classes had not been redeemed or refinanced plus (b) if the Partial Redemption Date or the Re-Pricing Redemption Date is not a Payment Date, the amount (i) the Asset Manager reasonably determines would have been available for distribution under the Priority of Payments for the payment of Administrative Expenses on the next subsequent Payment Date plus (ii) any reserve established by the Issuer with respect to such Partial Redemption or Re-Pricing Redemption.
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Partial Redemption Interest Proceeds means, in connection with a Partial Redemption or a Re-Pricing Redemption, Interest Proceeds in an amount equal to the lesser of
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Partial Redemption Interest Proceeds means, in connection with a Partial Redemption or a Re-Pricing Redemption, Interest Proceeds in an amount equal to (a) the lesser of (a) (i) the amount of accrued interest on the NotesClasses being redeemed or refinanced and
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Examples of Partial Redemption Interest Proceeds in a sentence

  • As described in Condition 7(b)(v) (Optional Redemption effected in whole or in part through Refinancing), Refinancing Proceeds may be used in connection with either a redemption in whole of the Rated Notes or a redemption in part of the Rated Notes by Class (and Partial Redemption Interest Proceeds may be used in connection with a redemption in part of the Rated Notes by Class).

  • HMRC has been vigilant in challenging such schemes, issuing warning bulletins such as the June 2010 “Spotlight” on tax avoidance, and on occasion pursuing them to litigation, with considerable success – see e.g. Vardy Properties and another v Revenue and Customs Commissioners [2012] UKFTT 564 (TC); DV3 RS Ltd Partnership v Revenue and Customs Commissioners [2013] EWCA Civ 907.

  • As described in Condition 7(b)(v) (Optional Redemption effected in whole or in part through Refinancing), Refinancing Proceeds may be used in connection with either a redemption in whole of the Rated Notes or a redemption in part of the Rated Notes by Class and Partial Redemption Interest Proceeds may be used in connection with a redemption in part of Rated Notes by Class (see Condition 7(b)(ii) (Optional Redemption in Part – Subordinated Noteholders or Collateral Manager)).

  • As described in Condition 7(b)(v) (Optional Redemption effected in whole or in part through Refinancing) Refinancing Proceeds may be used in connection with either a redemption in whole of the Rated Notes or a redemption in part of the Rated Notes by Class and Partial Redemption Interest Proceeds may be used in connection with a redemption in part of Rated Notes by Class.

  • In the case that one or more but not every Outstanding Class of Rated Notes is the subject of a Refinancing, the Refinancing Proceeds together with the Partial Redemption Interest Proceeds shall be at least sufficient to redeem the applicable Class or Classes of Rated Notes that is or are the subject of the Refinancing at the applicable Redemption Price for such Class or Classes.

  • Refinancing Proceeds and Partial Redemption Interest Proceeds will be applied in accordance with the Partial Redemption Priority of Payments on any Partial Redemption Date (see Condition 3(k) (Application of Refinancing Proceeds and Partial Redemption Interest Proceeds on a Partial Redemption Date)).

  • See Condition 3(n) (Application of Refinancing Proceeds and Partial Redemption Interest Proceeds on a Partial Redemption Date).

  • As described in Condition 7(b)(v) (Optional Redemption effected in whole or in part through Refinancing) subject to certain conditions at the option of the Subordinated Noteholders but subject to the consent of the Collateral Manager, Refinancing Proceeds may be used in connection with either a redemption in whole of the Rated Notes or a redemption in part of the Rated Notes by Class and Partial Redemption Interest Proceeds may be used in connection with a redemption in part of the Rated Notes by Class.

  • Such an initiative would be consistent with article 42 of the Declaration, which calls for not only the promotion of and respect for the full application of the Declaration but also for follow-up on its effectiveness.

  • In addition, the Rated Notes of any Class and the Class S-1 Subordinated Notes may be redeemed in part by Class at the applicable Redemption Prices, from any Refinancing Proceeds and Partial Redemption Interest Proceeds on any Business Day falling on or after the expiry of the Non-Call Period at the direction of the Class S-2 Subordinated Noteholders acting by Ordinary Resolution.


More Definitions of Partial Redemption Interest Proceeds

Partial Redemption Interest Proceeds. In connection with a Partial Refinancing or a Re-Pricing, Interest Proceeds in an amount equal to (1) the lesser of (a) the amount of accrued and unpaid interest on the Secured Debt being redeemed (or, in the case of the Class A-2 Loans, prepaid) and (b) the amount the Collateral Manager reasonably determines will be available for distribution under the Priority of Payments for the payment of accrued and unpaid interest on the Secured Debt being redeemed (or, in the case of the Class A-2 Loans, prepaid) on the Partial Redemption Date or Re-Pricing Date (or, if such Partial Redemption Date or Re-Pricing Date is not a Payment Date, then the amount the Collateral Manager reasonably determines will be available for distribution under the Priority of Payments for the payment of accrued and unpaid interest on the Secured Debt being redeemed (or, in the case of the Class A-2 Loans, prepaid) on the next succeeding Payment Date, after determination of the amount of interest payable on any Class of Debt payable prior to the Secured Debt being redeemed (or, in the case of the Class A-2 Loans, prepaid) under the Priority of Payments on a pro forma basis) plus (2) any amounts on deposit in the Supplemental Reserve Account the Collateral Manager designated as Partial Redemption Interest Proceeds.
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Partial Redemption Interest Proceeds means, in connection with a Refinancing of one or more (but not all) Classes of the Rated Notes, Interest Proceeds in an amount equal to the accrued interest on the Classes that are subject to the Refinancing.
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Partial Redemption Interest Proceeds. In connection with a Partial Redemption by Refinancing, Interest Proceeds in an amount equal to the sum of (i) the lesser of (a) the amount of accrued interest on the Classes being refinanced (after giving effect to payments under Section 11.1(a)(i) if the Redemption Date would have been a Distribution Date without regard to the Partial Redemption by Refinancing) and (b) the amount the Portfolio Manager reasonably determines would have been available for distribution under the Priority of Distributions for the payment of accrued interest on the Classes being refinanced on the next subsequent Distribution Date (or, if the Redemption Date is otherwise a Distribution Date, such Distribution Date) if such Notes had not been refinanced plus (ii) if the Redemption Date is not otherwise a Distribution Date, an amount equal to (a) the amount the Portfolio Manager reasonably determines would have been available for distribution under the Priority of Distributions for the payment of Administrative Expenses with respect to such Partial Redemption by Refinancing on the next subsequent Distribution Date plus (b) the amount of any reserve established by the Issuer with respect to such Partial Redemption by Refinancing.
Sample 1
Partial Redemption Interest Proceeds. In connection with a Partial Redemption or a Re--Pricing Redemption, the sum of (a) Interest Proceeds in an amount equal to the amount of accrued interest on the Classes being refinanced after giving effect to payments under the Priority of Interest Proceeds and (b) if the Partial Redemption Date or Re-Pricing Redemption Date is not a Payment Date, the amount (i) the Collateral Manager reasonably determines would have been available for distribution under the Priority of Payments for the payment of Administrative Expenses on the next subsequent Payment Date and (ii) any reserve established by the Issuer with respect to such Partial Redemption.
Sample 1
Partial Redemption Interest Proceeds. Means, in connection with a Partial Redemptionor Re-Pricing if the date of redemption of Secured Notes in connection therewith is not a Payment Date, Interest Proceeds in an amount equal to the sum of: (a) the lesser of (i) the amount of accrued interest on the Classes of Secured Notes being refinanced or repriced and (ii) the amount the Portfolio Manager reasonably determines (calculated on a pro forma basis assuming the Partial Redemption or Re-Pricing had not occurred) would have been available for distribution under the Priority of Payments for the payment of accrued interest on the Notes being redeemed in the Partial Redemption or Re-Pricing on the next subsequent Payment Date; plus (b) the amount (i) the Portfolio Manager reasonably determines would have been available for distribution under the Priority of Payments for the payment of Administrative Expenses pursuant to Section 11.11.1(a)(i)(T), Section 11.11.1(a)(ii)(E) or Section 11.1(a)(iii)(S), as applicable, with respect to such Partial Redemption or Re-Pricing, as applicable, on the next subsequent Payment Date and (ii) any reserve established by the Issuer with respect to such Partial Redemption or Re-Pricing.
Sample 1
Partial Redemption Interest Proceeds. In connection with a Partial Redemption Date, Interest Proceeds in an amount equal to the sum of (a) the lesser of (i) the amount of accrued interest on the Classes being refinanced (after giving effect to payments under the Priority of Interest Payments if the related Partial Redemption Date would have been a Payment Date without regard to such Refinancing) and (ii) the amount the Collateral Manager reasonably determines would have been available for distribution under the Priority of Payments for the payment of accrued interest on the Classes being refinanced on the next subsequent Payment Date if such Notes had not been refinanced plus (b) the amount (i) the Collateral Manager reasonably determines would have been available for distribution under the Priority of Payments for the payment of Administrative Expenses on the next subsequent Payment Date and (ii) any reserve previously established by the Issuer (or the Collateral Manager on behalf of the Issuer) with respect to such Refinancing.
Sample 1

Related to Partial Redemption Interest Proceeds

  • Final Redemption Amount means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Optional Redemption Amount means the sum of (i) 100% of the principal amount of the Debenture then outstanding, (ii) accrued but unpaid interest and (iii) all liquidated damages and other amounts due in respect of the Debenture.

  • Monthly Redemption Amount means, as to a Monthly Redemption, one seventh of the original principal amount at 110% of such principal amount, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Note.

  • Monthly Redemption means the redemption of this Debenture pursuant to Section 6(b) hereof.

  • Special Redemption has the meaning set forth in Section 15.1.A hereof.

  • Final Redemption Date means for each Series, the final redemption date specified in the Final Terms for such Series.

  • Triggering Redemption Amount means, for each share of Preferred Stock, the sum of (a) the greater of (i) 130% of the Stated Value and (ii) the product of (y) the VWAP on the Trading Day immediately preceding the date of the Triggering Event and (z) the Stated Value divided by the then Conversion Price, (b) all accrued but unpaid dividends thereon and (c) all liquidated damages and other costs, expenses or amounts due in respect of the Preferred Stock.

  • Optional Redemption Pricing Date means a Valuation Date on which a Redemption Order is determined to be valid and accepted by or on behalf of the Issuer in accordance with the terms of the LS Operating Procedures Agreement.

  • Redemption Proceeds means any proceeds in any applicable currency from a redemption in respect of the Charged Assets in accordance with the terms and conditions of such Charged Assets.

  • Optional Redemption Amount (Call) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Optional Redemption Amount (Put) means, in respect of any Note, its principal amount or such other amount as may be specified in, or determined in accordance with, the relevant Final Terms;

  • Monthly Redemption Date means the 1st of each month, commencing immediately upon the nine month anniversary of the Original Issue Date and terminating upon the full redemption of this Debenture.

  • Maturity Redemption Payment means an amount per Deposit to which you are entitled on the Maturity Date based on the performance of the Reference Portfolio which is equal to your Principal Amount x (1 + Variable Return).

  • Optional Redemption Premium means, with respect to any Series, the premium (expressed as a percentage of the Liquidation Preference of the shares of such Series) payable by the Fund upon the redemption of MuniFund Term Preferred Shares of such Series at the option of the Fund, as set forth in the Appendix for such Series.

  • Note Redemption Price means, for the Redemption Date, an amount equal to the sum of:

  • Note Redemption Date means, with respect to any Notes to be redeemed under the Indenture, the date fixed for redemption of such Notes under the Indenture.

  • Special Event Redemption Price has the meaning specified in Section 11.2.

  • Optional Redemption shall have the meaning set forth in Section 6(a).

  • Special Redemption Date has the meaning set forth in Section 10.2.

  • Minimum Redemption means, in relation to the Euro RDR ‘Retail’ Unhedged Distribution Shares, a minimum redemption of €250 or such lesser amount as may be agreed by the Directors;

  • Special Redemption Price has the meaning set forth in paragraph 4(a) of Annex I.

  • Minimum Redemption Amount has the meaning specified in the applicable Final Terms;

  • Optional Redemption Date shall have the meaning set forth in Section 6(a).

  • Make-Whole Redemption Amount means the sum of:

  • Optional Redemption Notice shall have the meaning set forth in Section 6(a).

  • Maximum Redemption Amount has the meaning specified in the applicable Final Terms;