Put Event Payment Date definition

Put Event Payment Date means, in respect of a Put Event, the date specified by or on behalf of the Lender in the Put Event Redemption Notice on which any part of the Advance is to be prepaid in accordance with Clause 5.4 (Prepayment upon a Put Event), which date shall not be less than 30 days after the Borrower has notified the Lender that a Put Event has or is deemed to have occurred in accordance with Clause 5.4 (Prepayment upon a Put Event);
Sample 1

Examples of Put Event Payment Date in a sentence

  • Holders shall be entitled to withdraw their election if the Trustee or the Company receives not later than one Business Day prior to the Put Event Payment Date, a telegram, telex, facsimile transmission or letter setting forth the name of the Holder, the principal amount of the Security that was delivered for purchase by the Holder and a statement that such Holder is withdrawing its election to have such Security purchased.

  • On or prior to the Put Event Payment Date, the Company shall irrevocably deposit with the Trustee or with the Paying Agent (or, if the Company or any of its Wholly Owned Subsidiaries is acting as the Paying agent, segregate and hold in trust) in cash an amount equal to the Put Event Purchase Price payable to the Holders entitled thereto, to be held for payment in accordance with the provisions of this Section 4.05.

  • Following receipt by the Lender of written confirmation from the Principal Paying Agent of the principal amount of the advance to be prepaid following the Put Event (the Put Redemption Amount), the Lender shall procure the delivery of a Put Event Redemption Notice to the Borrower and the Trustee at least five (5) Business Days prior to the Put Event Payment Date.

  • Holders electing to have a Security purchased shall be required to surrender the Security, with an appropriate form duly completed, to the Company or its agent at the address specified in the notice at least three Business Days prior to the Put Event Payment Date.

  • The Trustee or the Paying Agent shall, on the Put Event Payment Date, mail or 32 deliver payment to each tendering Holder of the Put Event Purchase Price.

  • However, he felt that progress was undermined by not having a waste partnership and was keen to know what action could be taken.

  • On the Put Event Payment Date, the Company shall deliver to the Trustee the Securities or portions thereof that have been properly tendered to and are to be accepted by the Company for payment.

  • In the event that the aggregate Put Event Purchase Price is less than the amount delivered by the Company to the Trustee or the Paying Agent, the Trustee or the Payment Agent, as the case may be, shall deliver the excess to the Company immediately after the Put Event Payment Date.

  • The Borrower, on receipt of such Put Event Redemption Notice, shall prepay the amount equal to the Put Redemption Amount specified in such Put Event Redemption Notice, together with accrued interest (if any) on such principal amount, up to (but excluding) the Put Event Payment Date, and all other amounts owing to the Lender hereunder, not later than 10:00 a.m. (New York City time) two Business Days prior to the Put Event Payment Date.

Related to Put Event Payment Date

  • Cash Settlement Payment Date means in relation to a Series of Notes, the date specified as such or otherwise determined as provided in the relevant Final Terms.

  • Next Payment Date means each date on which the next scheduled payment under any Transaction is due to be paid.

  • Principal Payment Date means, if applicable, each date designated as such in the Series Term Sheet.

  • Termination Payment Date means the earlier of the first Distribution Date following the liquidation or sale of the Receivables as a result of an Insolvency Event and the occurrence of the Scheduled Series 1995-1 Termination Date.

  • Event Date shall have the meaning set forth in Section 2(d).

  • Rent Payment Date means each date on which an installment of rent is due and payable pursuant to Section 5(a) hereof.

  • Initial Payment Date has the meaning specified in Section 3 of this Supplement.

  • Installment Payment Date means the date on which an installment payment of an assessment is payable.

  • Put Event means the occurrence of any of the following:

  • Redemption Payment Date As defined in Section 13.1.

  • Coupon Payment Date means each day specified to be an Coupon Payment Date in the Product Terms.

  • Basic Rent Payment Date means the Delivery Date, and the numerically corresponding day in each calendar month thereafter during the Term, and if such day is not a Business Day, then the immediately preceding calendar day which is a Business Day.

  • Amortization Payment Date shall have the meaning set forth in Section 2(d).

  • Trigger Event Date means a date on which a Trigger Event has occurred as determined by the Calculation Agent.

  • Tax Payment Date means, with respect to any applicable Taxes, the date occurring 30 days prior to the date the same are due and payable.

  • Final Payment Date means the "Final Payment Date" as specified in § 1 of the Product and Underlying Data.

  • Special Payment Date means each Distribution Date with respect to the Early Amortization Period.

  • Change of Control Payment Date has the meaning provided in Section 4.15.

  • Excess Cash Payment Date means the date occurring 95 days after the last day of each Fiscal Year of Holdings (commencing with the Fiscal Year of Holdings ended December 31, 2010).

  • Expected Final Payment Date means the September 2021 Distribution Date.

  • Note Payment Date means any date on which principal of or interest on any Note is payable.

  • Loan Payment Date means any date on which any Bond Service Charges are due and payable.

  • Premium Payment Date in respect of any Option, means the date on which the Premium is due and payable, as agreed to at the time the Option is entered into, as evidenced in a Confirmation.

  • Deferred Sales Charge Payment Date means June 10, 2015 and the tenth day of each month thereafter through October 10, 2015.

  • Payment Adjustment Date With respect to each ARM Loan, the date on which the Borrower's Monthly Payment changes in accordance with the terms of the related Mortgage Note.

  • Cash Settlement Date means, for each Financially Settled Futures Transaction, the Business Day determined by Exchange from time to time in accordance with industry practice for such Transaction, as posted on Exchange’s Website not less than one month prior to the occurrence of such date, other than Invoices issued as a result of a Contracting Party’s Default or under the Close- out Procedure which amounts require payment immediately;