Premium Redemption definition

Premium Redemption means redemption at a redemption price or prices greater than 100% of the principal amount thereof, plus accrued interest thereon, if any, to the redemption date, as determined on the Duration/Mode Determination Date.
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Examples of Premium Redemption in a sentence

  • If such cash payment is not paid in full within three (3) Trading Days following the Automatic Redemption Date, then the Corporation shall redeem all outstanding Preferred Shares for cash at the Premium Redemption Price (as defined in the Registration Rights Agreement).

  • In lieu of receiving the Monthly Delay Payment as provided above, a Holder shall have the right but not the obligation to elect to have the Company redeem its Securities at a price equal to the Premium Redemption Price.

  • At any time after the first anniversary of date hereof, under certain circumstances and in accordance with certain procedures to be agreed upon between the Issuers and the Holders, the Issuers shall at the option of the Holder (delivered by notice to the Issuers at least two (2) Business Days prior to the redemption date) (a) pay to the Holder the Par Redemption Price and issue to the Holder a Redemption Warrant, or (b) pay to the Holder the Premium Redemption Price.

  • Upon the occurrence or in anticipation of any Change of Control, in the event that the Issuers had the option, but do not elect such option, or in the event that the Holder has the sole option, the Holder shall have the option to cause the Issuers (or the surviving corporation) to (a) redeem all, or any portion, of the outstanding Notes by paying to the Holder the Premium Redemption Price and/or (b) have the surviving corporation in such Change of Control assume the Notes.

  • In lieu of receiving the Delay Payment as provided above, a Holder shall have the right but not the obligation to elect to have the Company redeem its Debentures, Warrants, Common Shares and Warrant Shares at the price equal to the Premium Redemption Price.

  • The City agrees to advance funding for Phase 1 3rd party pre-closing expenses in an amount as shown on attached Exhibit 1 for Phase 1 (with similar form to be prepared for Phase 2 at appropriate point in time), in the form of a non-recourse loan to the Developer.

  • If neither Regular Redemption nor Make-Whole Premium Redemption is designated on the face hereof, then this Global Note may not be redeemed prior to its Stated Maturity.

  • If an Event of Default specified in Section 6(a)(ii) occurs, all of the Notes shall automatically and immediately become due and payable at the Premium Redemption Price.

  • They are also essential for promoting South-South trade and investment, as well as regional cooperation.

  • Upon the occurrence of or in anticipation of a Change of Control contemplated by clauses (i) or (iii) in the definition of Change of Control below, the Issuers shall have the option to redeem all, or any portion, of the outstanding Notes by paying to the Holder the Premium Redemption Price.

Related to Premium Redemption

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

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

  • 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.

  • Optional Redemption Amount means the sum of (a) 120% of the then outstanding principal amount of the Debenture, (b) accrued but unpaid interest and (c) all liquidated damages and other amounts due in respect of the Debenture.

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

  • Make-Whole Redemption Amount means the sum of:

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

  • Make-Whole Redemption Price means the sum of the outstanding principal amount of the Notes to be redeemed plus the Make-Whole Amount of such Notes. Calculation or verification of the calculation of the Make-Whole Redemption Price is not the responsibility of the Trustee and the Trustee may conclusively rely on an Officers’ Certificate with respect thereto without investigation.

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

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

  • 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.

  • Tax Redemption The meaning specified in Section 9.3(a) hereof.

  • 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.

  • 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.

  • 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;

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

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

  • Term Redemption Date means, with respect to any Series, the date specified as the Term Redemption Date in the Appendix for such Series.

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

  • Monthly Redemption Amount means, as to a Monthly Redemption, $______, plus accrued but unpaid interest, liquidated damages and any other amounts then owing to the Holder in respect of this Debenture.

  • 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;

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

  • Series A Redemption Date has the meaning set forth in Section 16.6.

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