Redemption Payment definition

Redemption Payment means with respect to any Series or Class of Notes, any payment of principal of and interest on the Notes of such Series or Class due from the Note Issuer upon the early redemption of such Series or Class of Notes, other than any such payment due by reason of the occurrence of an Event of Default with respect to such Series or Class of Notes.

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Redemption Payment is defined in Section 10(a).

Redemption Payment means the lesser of:

Examples of Redemption Payment in a sentence

Upon receipt of the Redemption Payment from Issuer, the Agent will promptly wire transfer (based on each Holder’s wire transfer instructions, which each Holder shall have provided to the Agent (along with completion of Agent’s funds transfer requirements) at least five (5) Business Days prior to the Redemption Purchase Date) to each Holder of Notes the Redemption Payment for such Notes.
Any Note paid in full will cease to accrue interest on and after the Redemption Purchase Date, unless the Issuer defaults in making the Redemption Payment.
Upon the giving of any such notice, the principal amount of all of the Holders’ Notes shall become due and payable on the Redemption Purchase Date (provided that any notice described above may provide that such Redemption Payment is conditioned upon the satisfaction of one or more conditions precedent).

More Definitions of Redemption Payment

Redemption Payment means the aggregate amount paid to such Public Shareholders that have redeemed their Public Shares pursuant to the Redemption.

Redemption Payment as defined in Section 2.09(h)(i).

Redemption Payment means, in relation to any Redeemable Non-Voting Preference Share:

Redemption Payment means the redemption payment to which a Series A Preferred Stockholder is entitled pursuant to Section A.8 hereof, a Series B Preferred Stockholder is entitled pursuant to Section B.8 hereof, a Series C Preferred Stockholder is entitled pursuant to Section C.8 hereof or a Series D Preferred Stockholder is entitled pursuant to Section D.8 hereof.

Redemption Payment means any payment (except payments made in Capital Stock of Holdings) on account of the purchase, redemption, retirement or acquisition (including merger consideration) of (i) any shares of any Group Member’s Capital Stock or (ii) any option, warrant or other right to acquire shares of any Group Member’s Capital Stock.

Redemption Payment means, with respect to a Purchased Eligible Loan to be redeemed pursuant to Section 15, an amount equal to the greater of (x) the proceeds of the sale or other transfer of such Purchased Eligible Loan, if any, including proceeds received subsequent to the redemption date, and (y) the Purchase Price paid by the Department in exchange for the Class A Participation Interest in such Purchased Eligible Loan together with any Participant’s Yield on such Purchase Price calculated through the date of the next scheduled distribution to the Department, less (with respect to (y)) any amount that the Sponsor demonstrates to the satisfaction of the Department, in its sole discretion, was received with respect to such Purchased Eligible Loan and remitted to the Department pursuant to Section 11(b) in satisfaction of a portion of the Participant’s Yield and Purchase Price with respect to such Purchased Eligible Loan.