Redemption and Repurchase definition
Examples of Redemption and Repurchase in a sentence
During a Dividend Restriction Period, an FHLBank (i) shall conduct any Redemption and Repurchase transaction, if otherwise permitted, only at par value; and (ii) shall not engage in a Repurchase or Redemption transaction if following such transaction the FHLBank’s Total Capital as reported to the FHFA falls below the FHLBank’s aggregate paid-in amount of capital stock.
During a Dividend Restriction Period, an FHLBank (i) shall conduct any Redemption and Repurchase transaction, if otherwise permitted, only at par value; and (ii) shall not engage in a Repurchase or Redemption transaction if following such transaction the FHLBank's Total Capital as reported to the FHFA falls below the FHLBank's aggregate paid-in amount of capital stock.
The total amount of any principal and interest due on Global Securities on any Interest Payment Date or at Maturity, including Redemption and Repurchase, shall be paid by the Company to the Bank in funds available for use by the Bank as of 9:30 A.M. (New York City time) on such date.
Redemption and Repurchase of Bonds ......................................................................................................................................30 11.
If the Issuer exercises its call right in accordance with this § 5(2), and if the Conditions to Redemption and Repurchase pursuant to § 5(4) are fulfilled on the date fixed for redemption, the Issuer will redeem the Notes at their Specified Denomination, together with interest (if any) accrued to but excluding the date fixed for redemption on the date fixed for redemption.
This Amendment is being entered into pursuant to the Redemption and Repurchase Agreement, dated as of June 22, 2005, among the parties hereto (as it may be amended and supplemented from time to time, the “Redemption and Repurchase Agreement”).
Section 6.1. Redemption and Repurchase of Shares........................
Redemption and Repurchase of Indebtedness of Company and its Subsidiaries.
If the Issuer exercises its call right in accordance with this § 5(3), and if the Conditions to Redemption and Repurchase pursuant to § 5(4) are fulfilled on the date fixed for redemption, the Issuer will redeem the Notes at their Specified Denomination, together with interest (if any) accrued to but excluding the date fixed for redemption on the date fixed for redemption.
Redemption and Repurchase Obligation ------------------------------------ The Company has an obligation to redeem the Series A Preferred and Series B Preferred upon the occurrence of certain events in accordance with the Preferred Governing Documents.