Redemption Shortfall Amount definition

Redemption Shortfall Amount means (1) the Maximum Aggregate Redemption Price reduced by (2) the aggregate Mandatory Redemption Price previously paid pursuant to Section 6(a)(ii) of this Certificate of Designations.
Redemption Shortfall Amount means, in respect of any Bond, the amount (if any) by which the principal amount of such Bond exceeds the product of the Equivalent Number of Equity Shares and
Redemption Shortfall Amount means, in respect of any Bond, the amount (if any) by which the principal amount of such Bond exceeds the product of the Equivalent Number of Equity Shares and 99.5 per cent. of the arithmetic average of the Volume Weighted Average Price on each of the trading days in the Averaging Period of an Equity Share of the same type or series as the predominant equity share capital

Examples of Redemption Shortfall Amount in a sentence

  • The Holder shall state in each Holder Optional Redemption Notice delivered at any time when the Holder is electing the Holder Optional Conversion Option whether such Holder will exercise the Holder Optional Conversion Option in the event there is an Optional Redemption Shortfall Amount.