Security Redemption definition

Security Redemption means the Security specified as such in the relevant Final Terms is early redeemed, terminated or cancelled, in whole or in part, on or prior to any stated maturity for whatever reasons; and

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Security Redemption means any Underlying Security is early redeemed, terminated or cancelled, in whole or in part, on or prior to its stated maturity for whatever reason; and

Security Redemption means, in relation to a Security that is a debt security (including, without limitation, a debt security that is convertible or exchangeable into equity securities), a preference share or a warrant, or in relation to any other security that has a stated maturity or expiry date, that it is redeemed, converted, exchanged, exercised, terminated or cancelled, in whole or in part, on or prior to any stated maturity or expiry date for whatever reason.

Examples of Security Redemption in a sentence

• If an Exchange Offer occurs under the Registration Rights Agreement, the Company will be required, on the Remarketing Settlement Date, to redeem, in whole (but not in part), certain Debentures which were not exchanged pursuant to the Exchange Offer (a "Transfer Restricted Security Redemption").

• As part of a Transfer Restricted Security Redemption, on the Schedule Remarketing Settlement Date such Securities will be exchanged with the Trust for Debentures having an aggregate principal amount equal to the aggregate liquidation of such Securities and such Debentures shall immediately be redeemed by the Company at a redemption price equal to 100% of the principal amount thereof plus accrued and unpaid interest and Additional Interest, if any, to the date of redemption.

• On each Debt Security Redemption Date and at maturity of the Debt Securities, the Trust shall be required to redeem a Like Amount of Trust Securities at the Redemption Price.

• If the Company is required to redeem Debentures in connection with a Transfer Restricted Security Redemption, holders of such Securities shall receive notice of such redemption at or prior to the time that the Notice of Remarketing is required to be given to the Depository pursuant to Section 3.12.

• If an Exchange Offer occurs under the Registration Rights Agreement, the Company shall be required, on the Remarketing Settlement Date, to redeem, in whole (but not in part), Series A Debentures which were not exchanged pursuant to the Exchange Offer (a "Transfer Restricted Security Redemption").

• If the Debenture Issuer is required to redeem Debentures (and thus Preferred Securities) in connection with a Transfer Restricted Security Redemption, Holders of such Preferred Securities shall receive notice of such redemption at or prior to the time when the Notice of Remarketing of the Preferred Securities shall be given to the Depositary, and such Holders shall not tender their Preferred Securities for purchase in the Remarketing.

More Definitions of Security Redemption

Security Redemption. The consummation of any redemption of, tender for other similar transaction with respect to all or part of the Securities.

Security Redemption means, in relation to a Security that is a debt, that it is early redeemed, terminated or cancelled, in whole or in part, on or prior to any stated maturity for whatever reasons.