Redemption for Tax Reasons definition

Redemption for Tax Reasons the term “United States” means the United States of America (including the states and the District of Columbia and any political subdivision thereof), and the term “United States person” means any individual who is a citizen or resident of the United States for U.S. federal income tax purposes, a corporation, partnership or other entity created or organized in or under the laws of the United States, any state of the United States or the District of Columbia (other than a partnership that is not treated as a United States person under any applicable Treasury regulations), or any estate or trust the income of which is subject to United States federal income taxation regardless of its source.
Sample 1
Redemption for Tax Reasons. The Company may redeem all but not part of the Notes of either series upon the occurrence of specified tax events described under the heading "Description of the Notes - Tax Redemption" in the Final Prospects. Closing Date, Time and Location: February 21, 2002 at 10:00 a.m. at Davis Polk & Wardwell 450 Xxxxxxxxx Avxxxx New Xxxx, Xxx Xxxx 00000 Xxxx xx Xxxxxxxx: Xxx-xxxxxxx Xxxx xxxxxxxx xx xx Xxxxxxx 0(x) after which the Company may offer or sell debt securities issued or guaranteed by the Company without the consent of the Representative(s): February 21, 2001 Modification of items to be covered by the letter from KPMG LLP delivered pursuant to Section 6(e) at the Execution Time: None AGGREGATE PRINCIPAL AGGREGATE PRINCIPAL AMOUNT OF 5.125% NOTES AMOUNT OF 6.000% NOTES UNDERWRITERS DUE FEBRUARY 15, 2007 DUE FEBRUARY 15, 2012 ------------ --------------------- --------------------- Barclays Capital Inc. $238,650,000 $318,200,000 Deutsche Banc Alex. Brown Inc. 238,650,000 318,200,000 Salomon Smith Barney Inc. 238,650,000 318,200,000 Credit Suisse First Boston Corporation 169,650,000 226,200,000 Banc of America Securities LLC 136,650,000 182,200,000 J.P. Morgan Securities Inc. 136,650,000 182,200,000 UBS Warburg LLC 136,650,000 182,200,000 Utendahl Capital Partners, L.P. 26,250,000 35,000,000 Loop Capital Markets, L.L.C. 26,250,000 35,000,000 Credit Lyonnais Securities (USA) Inc. 24,150,000 32,200,000 Tokyo-Mitsubishi International plc 19,800,000 26,400,000 Mizuho International plc 17,850,000 23,800,000 SunTrust Capital Markets, Inc. 17,850,000 23,800,000 Wells Fargo Van Kasper, LLC 17,850,000 00,000,000 ABN AMRO Incorporated 12,150,000 16,200,000 Mellon Financial Markets, LLC 12,150,000 16,200,000 U.S. Bancorp Piper Jaffray Inc. 11,100,000 00,000,000 BNY Capital Markets, Inc. 5,850,000 7,800,000 Wachovia Securities, Inc. 4,800,000 6,400,000 BNP Paribas Securities Corp. 2,100,000 2,800,000 Fleet Securities, Inc. 2,100,000 2,800,000 HSBC Securities (USA) Inc. 2,100,000 2,800,000 Merrill Lynch, Pierce, Fenner & Smith Incorporated 2,100,000 2,800,000 ---------------- ---------------- TOTAL $1,500,000,000 $2,000,000,000
Sample 1

Examples of Redemption for Tax Reasons in a sentence

  • Insofar as each of the Issuer and the Holder have an early redemption right in these Terms and Conditions, the relevant party may not exercise such option in respect of any Note which is the subject of the prior exercise by the respective other party thereof of its option to require the early redemption of such Note.(2) Redemption for Tax Reasons.

  • Notice of any early redemption in accordance with Condition 9.2 (Early Redemption), Condition9.3 (Early Redemption for Tax Reasons) or Condition 9.4 (Mandatory Early Redemption) above shall be given by the Issuer to the Bond Trustee, the Paying Agents and the Bondholders, in accordance with Condition 15 (Notices), as promptly as practicable.

  • The foregoing provisions in this Condition 6(b) (Redemption for Tax Reasons) shall apply mutatis mutandis to any successor person, after such successor person becomes a party to the Fiscal and Paying Agency Agreement, with respect to a Change in Tax Law occurring after the time such successor person becomes a party to the Fiscal and Paying Agency Agreement.

  • The first 6 monthly instalments shall be fixed at $80,000 each, commencing 29 July 2005.

  • The Issuer may redeem the Bonds for tax reasons as provided in paragraph 7.3 of Condition 7 (Tax Status and Redemption for Tax Reasons).

  • Insofar as each of the Issuer and the Holder have an early redemption right in these Terms and Conditions, the relevant party may not exercise such option in respect of any Note which is the subject of the prior exercise by the respective other party thereof of its option to require the early redemption of such Note.[(2) Redemption for Tax Reasons.

  • Redemption for Tax Reasons Section 1108 of the Base Indenture shall not be applicable to the Notes.

  • Notice of any early redemption in accordance with Condition 9.2 (Early Redemption), Condition 9.3 (Early Redemption for Tax Reasons) or Condition 9.4 (Mandatory Early Redemption) above shall be given by the Issuer to the Bond Trustee, the Paying Agents and the Bondholders, in accordance with Condition 15 (Notices), as promptly as practicable.

  • For the purpose of sub-clause 7.2 above (Redemption for Tax Reasons), each Bond will be redeemed at the Early Redemption Amount.

  • All payments of principal, interest and premium pursuant to the Redemption for Tax Reasons shall be in euro.

Related to Redemption for Tax Reasons

  • Redemption Event has the meaning set forth in Section 3.4.

  • Tax Redemption Date shall have the meaning specified in Section 16.02(a).

  • Redemption Notice means a notice in a form approved by the Company by which a holder of Public Shares is entitled to require the Company to redeem its Public Shares, subject to any conditions contained therein.

  • Redemption Call Right has the meaning provided in the Exchangeable Share Provisions.

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

  • Redemption Period shall have the meaning set forth in Section 23(a) hereof.

  • Redemption Time means the time at which the right to exercise the Rights shall terminate pursuant to Section 5.1 hereof.

  • Tax Event Redemption Price means an amount equal to the unpaid principal amount of this Note to be redeemed, which shall be determined by multiplying (1) the Outstanding Principal Amount of this Note by (2) the quotient derived by dividing (A) the outstanding principal amount to be redeemed by Principal Life of the Funding Agreement by (B) the outstanding principal amount of the Funding Agreement.

  • Tax Event Redemption Date means the date upon which a Tax Event Redemption is to occur.

  • Automatic Early Redemption Event means that:

  • Redemption Rescission Event means the occurrence of (a) any general suspension of trading in, or limitation on prices for, securities on the principal national securities exchange on which shares of Common Stock or Marketable Securities are registered and listed for trading (or, if shares of Common Stock or Marketable Securities are not registered and listed for trading on any such exchange, in the over-the-counter market) for more than six-and-one-half (6-1/2) consecutive trading hours, (b) any decline in either the Dow Xxxxx Industrial Average or the S&P 500 Index (or any successor index published by Dow Xxxxx & Company, Inc. or S&P) by either (i) an amount in excess of 10%, measured from the close of business on any Trading Day to the close of business on the next succeeding Trading Day during the period commencing on the Trading Day preceding the day notice of any redemption of Securities is given (or, if such notice is given after the close of business on a Trading Day, commencing on such Trading Day) and ending at the time and date fixed for redemption in such notice or (ii) an amount in excess of 15% (or if the time and date fixed for redemption is more than 15 days following the date on which such notice of redemption is given, 20%), measured from the close of business on the Trading Day preceding the day notice of such redemption is given (or, if such notice is given after the close of business on a Trading Day, from such Trading Day) to the close of business on any Trading Day at or prior to the time and date fixed for redemption, (c) a declaration of a banking moratorium or any suspension of payments in respect of banks by Federal or state authorities in the United States or (d) the occurrence of an act of terrorism or commencement of a war or armed hostilities or other national or international calamity directly or indirectly involving the United States which in the reasonable judgment of the Company could have a material adverse effect on the market for the Common Stock or Marketable Securities.

  • Redemption Form means a standardized form prescribed by the Management Company to be duly filled by the investor to redeem Units and will be stated in this Offering Document.

  • Tax Event Upon Merger has the meaning specified in Section 5(b).

  • Make-whole Redemption Rate means (i) the average of the four quotations given by the Reference Dealers of the mid-market annual yield to maturity of the Reference Security on the fourth Business Day preceding the Make-whole Redemption Date at 11:00 a.m. (Central European Time ("CET")) ("Reference Dealer Quotation") or (ii) the Reference Screen Rate, as specified in the relevant Final Terms.

  • Early Redemption Event means that R (k) is equal to or greater than the Early Redemption Level (k) on the respective Observation Date (k).

  • Redemption Payment Date As defined in Section 13.1.

  • Tax Event Redemption means, if a Tax Event shall occur and be continuing, the redemption of the Notes, at the option of the Company, in whole but not in part, on not less than 30 days nor more than 60 days' written notice.

  • Special Mandatory Redemption Event has the meaning specified in Section 3.02(a) hereto.

  • 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.

  • Automatic Early Redemption Date means each Automatic Early Redemption Date specified in the relevant Final Terms.

  • Mandatory Redemption Event has the meaning given to it in Condition 8.7.

  • Change of Control Redemption Premium means 125%.

  • Make-Whole Redemption Amount means the sum of:

  • Redemption Notice Date means, with respect to a Redemption, the date on which the Company sends the Redemption Notice for such Redemption pursuant to Section 4.03(F).

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

  • Debenture Tax Event" means a "Tax Event" as defined in the Indenture.